NASDAQ$ARRY

Array Technologies Inc · Q1 2026 earnings

Q1 2026 earnings · · Investor relations

Briefing

Array Technologies reported Q1 2026 with $223.4M revenue, net income of $2M, and diluted loss per share of $0.09.

For the period ended 2026-03-31, Array Technologies reported $223.4M revenue. Revenue $223.4M vs $302.4M prior year on project timing. Net income $2.0M; common EPS $(0.09) after preferred dividends. Solar tracker systems for utility-scale projects. Project-based solar; backlog and module pricing discussed, not quarterly EPS guide.

  • Revenue $223.4M vs $302.4M prior year on project timing.
  • Net income $2.0M; common EPS $(0.09) after preferred dividends.
  • Solar tracker systems for utility-scale projects.

Headline financials

Total Revenue

$223M

Previous: $302M-26.1%
EPS (adj)

-$0.09

Previous: $0.02-550.0%
Capital Expenditures

-$7.51M

Previous: -$2.35M-219.3%
Net Income

$2M

Previous: $16.7M-88.1%
Operating Income

$7.11M

Previous: $27.3M-73.9%
Gross Profit

$63M

Previous: $76.4M-17.6%

Revenue & EPS history

Array Technologies · Revenue · Quarterly

$223M

Q1 2026-26.1%vs Q1 2025
Beat estimate in 16 of 16 quarters(100%)
ActualEstimate

Revenue by segment

Array Technologies · $362M total across 2 segments · Q2 2025

  • Array Legacy Operations
    $292M—
  • STI Operations
    $70.4M—

Forward guidance

Project-based solar; backlog and module pricing discussed, not quarterly EPS guide.

Tailwinds

  • Remained profitable on net income basis.
  • Gross profit $63M.
  • IRA tailwinds for domestic solar.

Headwinds

  • Revenue down sharply YoY.
  • Preferred dividends drive common loss.
  • Project delays and pricing pressure.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q1 2026

Historical avgQ1 2026

-0.3%

Avg return

Earnings day

+2.0%

Avg return

5 days after

+3.3%

Avg return

30 days after

63%

15 / 24 earnings

Positive

+29.5%

Q3 2021

Best reaction

-45.9%

Q1 2020

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2025———
Q1 2026-0.6%+6.5%-1.2%
Q4 2025-33.9%-31.8%-33.4%
Q3 2025+2.0%+0.5%-5.4%
Q1 2025+3.9%+20.7%+50.1%
Q3 2024+1.7%+10.9%-5.4%
Q2 2024-18.0%-19.1%-26.3%
Q1 2024+2.0%+0.9%+7.4%
Q4 2023+5.2%+5.5%+11.3%
Q3 2023-16.6%-22.2%-11.8%
Q2 2023+25.0%+32.9%+33.9%
Q1 2023-0.1%+17.7%+22.2%
Q4 2022+13.9%+7.2%+21.7%
Q3 2022+20.9%+29.0%+32.0%
Q2 2022+26.2%+24.7%+14.1%
Q1 2022-12.2%-3.1%+84.4%
Q4 2021-7.5%-22.1%-23.2%
Q3 2021+29.5%+30.0%-15.8%
Q2 2021+14.0%+13.0%+16.1%
Q1 2021-45.9%-42.8%-34.4%
Q1 2020-45.9%-42.8%-34.4%
Q2 2020+0.1%+0.9%-14.9%
Q4 2020+0.7%+3.8%-9.2%
Q4 2019+4.1%+17.2%+5.3%
Q3 2020+24.7%+10.5%-5.1%
Q3 2019———
Q2 2019———
Q1 2019———
Q4 2018———
Q3 2018———
Q2 2018———
Q1 2018———
Q4 2017———
Q3 2017———
Q2 2017———
Q1 2017———
Q4 2016———
Q3 2016———
Q2 2016———
Q1 2016———
Q4 2015———
Q3 2015———
Q2 2015———

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro