earnings
confidence high
sentiment positive
materiality 0.75
Array Tech Q1 revenue $223.4M, record orderbook $2.4B, reaffirms FY guidance
Array Technologies, Inc.
2026-Q1 EPS reported
-$0.09
revenue$223,412,000
- Q1 revenue $223.4M, gross margin 28.2%, adjusted gross margin 30.7%.
- Net loss to common shareholders $13.5M, GAAP loss per share $0.09, adjusted EPS $0.06.
- Record total executed contracts and awarded orders of $2.4B; 2x book-to-bill quarter.
- Introduced DuraTrack D2S for international markets; contracted projects in Turkey, Peru, Colombia.
- Affirms FY 2026 revenue $1.4-1.5B, Adjusted EBITDA $200-230M; Q2 revenue guidance $300-320M.