NASDAQ$ARRY
Array Technologies Inc · Q4 2025 earnings
Q4 2025 earnings · · After market close · Investor relations
Briefing
Array Technologies reported Q4 2025 revenue of $226.0 million with a record order backlog of $2.2 billion and 2026 revenue guidance of $1.4–1.5 billion.
Array posted Q4 2025 revenue of $226.0 million as part of full-year revenue of $1,284.1 million (+40% YoY). The company reported a record executed contracts and awarded orders backlog of $2.2 billion and guided 2026 revenue of $1.4–1.5 billion. Q4 profitability metrics in the release reflected project timing and prior restructuring; management emphasized global expansion of DuraTrack solar trackers.
- Q4 revenue $226.0M; full-year revenue $1.28B (+40% YoY).
- Record backlog $2.2B supports visibility.
- 2026 revenue guidance $1.4–1.5B.
- Global utility-scale solar tracker demand and DuraTrack adoption.
Headline financials
Revenue & EPS history
Array Technologies · Revenue · Quarterly
$226M
Revenue by segment
Array Technologies · $362M total across 2 segments · Q2 2025
- Array Legacy Operations$292M—80.6%
- STI Operations$70.4M—19.4%
Forward guidance
Array guides 2026 revenue of $1.4–1.5 billion, reflecting backlog conversion and international project wins.
Tailwinds
- Backlog at record $2.2B underpins multi-year growth.
- 40% full-year revenue growth demonstrates share gains.
- Utility-scale solar deployment tailwinds globally.
Headwinds
- Project timing can swing quarterly margins and earnings.
- Steel/aluminum input costs and tariff exposure.
- Competitive tracker pricing in utility EPC bids.
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 Q4 2025
-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
| Quarter | Report date | Reaction (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 | — | — | — | |
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| Q4 2015 | — | — | — | |
| Q3 2015 | — | — | — | |
| Q2 2015 | — | — | — |
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