Earnings ·
Reports Q3 net loss of $7.9M, updates full-year revenue guidance to $1.34B-$1.40B
ARRYArray Technologies, Inc.
Array Technologies reported a third-quarter 2026 net loss attributable to common stockholders of $7.9 million, or $0.05 per diluted share, compared to a net income of $18.4 million in the prior-year period. Revenue declined 16% year-over-year to $330.2 million as gross margin contracted to 21.0%. The company announced an updated full-year 2026 revenue guidance range of $1.34 billion to $1.40 billion, down from the previous estimate of $1.4 billion to $1.5 billion, citing shifts in project delivery timing and domestic input costs. Despite lower quarterly results, the firm reported a record orderbook of $2.6 billion, representing 42% year-over-year growth, and completed its acquisition of Affordable Wire Management to expand into balance-of-system solutions. Array Technologies is a leading global provider of integrated energy infrastructure products, software, and service solutions for utility-scale solar projects.