NASDAQ$ARRY

Array Technologies Inc · Q2 2025 earnings

Q2 2025 earnings · · After market close · Investor relations

Briefing

Array Technologies Inc reported Q2 2025 results with revenue of $362.2 million and net income of $43.3 million.

Array Technologies reported revenue of $362.2 million for the three months ended June 30, 2025, up 42% year-over-year, driven primarily by higher volumes in its Array Legacy Operations segment. The company achieved operating income of $46.4 million and net income of $43.3 million, supported by a gain on debt extinguishment. Gross profit increased to $97.1 million despite margin pressure from lower average selling prices.

  • Q2 revenue reached $362.2 million, a 42% increase from Q2 2024, with Array Legacy Operations contributing $291.9 million.
  • Operating income was $46.4 million and net income totaled $43.3 million, including a $14.2 million gain on debt extinguishment.
  • Gross margin declined to 26.8% from 33.6% year-over-year due to lower average selling prices and higher costs.
  • Cash and cash equivalents stood at $377.3 million as of June 30, 2025, with total assets at $1.54 billion.

Headline financials

Total Revenue

$362M

Previous: $256M+41.6%
EPS (adj)

$0.19

Previous: $0.08+137.5%
Capital Expenditures

-$8.98M

Previous: -$4.53M-98.4%
Net Income

$43.3M

Previous: $25.7M+68.3%
Operating Income

$46.4M

Previous: $39.6M+17.1%
Gross Profit

$97.1M

Previous: $86M+13.0%
Cash & Equivalents

$377M

Previous: $282M+33.6%
Total Assets

$1.54B

Previous: $1.65B-6.6%

Revenue & EPS history

Array Technologies · Revenue · Quarterly

$362M

Q2 2025+41.6%vs Q2 2024
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

Historical earnings impact

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

Avg. return before/after earnings

Based on 19 quarterly earnings reports

Historical avg

-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

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