---
schema_version: "secwatch.filing_event.v1"
accession: "0001820721-21-000057"
form_type: "8-K"
ticker: "ARRY"
cik: "0001820721"
company_name: "Array Technologies, Inc."
filed_at: "2021-08-11T23:59:59+00:00"
generated_at: "2026-06-29T15:33:39.979549+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Array Tech Q2 revenue up 76% to $202.8M; closes $346M Blackstone PIPE

## Summary
- Revenue $202.8M (+76% YoY); net loss ~$17K; adjusted EBITDA $16.2M (+23% YoY).
- Gross margin 13.2% vs 19.3% last year due to higher input & freight costs.
- FY2021 guidance: revenue $850-940M, adjusted EBITDA $55-75M, adj. EPS $0.15-0.25.
- Sold 350K Series A perpetual preferred shares + 7.1M common to Blackstone for $346M.
- Board appointed Blackstone designee Bilal Khan; funds to repay debt and general corporate.

## SEC filing metadata
- accession: 0001820721-21-000057
- form_type: 8-K
- ticker: ARRY
- cik: 0001820721
- company_name: Array Technologies, Inc.
- filed_at: 2021-08-11T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 2.02, 3.02, 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1820721/000182072121000057/0001820721-21-000057-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1820721/000182072121000057/arry-20210811.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001820721-21-000057
- JSON: https://secwatch.observer/filing/0001820721-21-000057.json
- Plain text: https://secwatch.observer/filing/0001820721-21-000057.txt

## Key facts
- Executive change
  Bilal Khan was appointed as Director at Array Technologies, Inc..
  - Action: appointed
  - Role: Director
  source text: Bilal Khan has been designated by the Purchaser as the Series A Director and, accordingly, the Board appointed Mr. Khan to serve as a member of the Board effective as of the Initial Closing.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1820721/000182072121000057/0001820721-21-000057-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.