---
schema_version: "secwatch.filing_event.v1"
accession: "0001820721-23-000057"
form_type: "8-K"
ticker: "ARRY"
cik: "0001820721"
company_name: "Array Technologies, Inc."
filed_at: "2023-03-21T23:59:59+00:00"
generated_at: "2026-06-17T22:26:09.670980+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Array Technologies Q4 2022 revenue $402M (+83% YoY); FY23 revenue guidance $1.8B-$1.95B

## Summary
- Q4 revenue $402.1M (+83% YoY); net loss $17.3M vs $32.1M prior year; adj. EBITDA $51.7M.
- Full year 2022 revenue $1.64B (+92% YoY); net loss $43.6M; adj. EBITDA $128.7M.
- Executed contracts and awarded orders at Dec 31, 2022 total $1.9B.
- FY 2023 guidance: revenue $1.8B-$1.95B, adj. EBITDA $240M-$265M, adj. EPS $0.75-$0.85.
- Gross margin improved to 20.0% in Q4 from 4.7% prior year.

## SEC filing metadata
- accession: 0001820721-23-000057
- form_type: 8-K
- ticker: ARRY
- cik: 0001820721
- company_name: Array Technologies, Inc.
- filed_at: 2023-03-21T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1820721/000182072123000057/0001820721-23-000057-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1820721/000182072123000057/arry-20230321.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001820721-23-000057
- JSON: https://secwatch.observer/filing/0001820721-23-000057.json
- Plain text: https://secwatch.observer/filing/0001820721-23-000057.txt

## Key facts
- Earnings Releases
  Array Technologies, Inc. reported the quarter ended December 31, 2022 results: revenue $402.1 million, net income $17.3 million, EPS $0.11.
  - Period: the quarter ended December 31, 2022
  - Revenue: $402.1 million
  - Net income: $17.3 million
  - EPS: $0.11
  - Result: reported results
  source text: Fourth Quarter 2022 Financial Highlights • Revenue of $402.1 million • Net loss to common stockholders of $17.3 million • Adjusted EBITDA (1) of $51.7 million • Basic and diluted net loss per share of $0.11
  evidence_url: https://www.sec.gov/Archives/edgar/data/1820721/000182072123000057/0001820721-23-000057-index.htm
- Earnings Releases
  Array Technologies, Inc. reported the year ending December 31, 2023 results: revenue $1,800 million to $1,950 million. Guidance initiated.
  - Period: the year ending December 31, 2023
  - Revenue: $1,800 million to $1,950 million
  - Guidance: initiated
  - Result: guidance update
  source text: Full Year 2023 Guidance For the year ending December 31, 2023, the Company expects: • Revenue to be in the range of $1,800 million to $1,950 million • Adjusted EBITDA (4) to be in the range of $240 million to $265 million • Adjusted net income per share (4) to be in the range of
  evidence_url: https://www.sec.gov/Archives/edgar/data/1820721/000182072123000057/0001820721-23-000057-index.htm
- Earnings Releases
  Array Technologies, Inc. reported the fiscal year ended December 31, 2022 results: revenue $1,638 million, net income $43.6 million, EPS $0.29.
  - Period: the fiscal year ended December 31, 2022
  - Revenue: $1,638 million
  - Net income: $43.6 million
  - EPS: $0.29
  - Result: reported results
  source text: Full Year 2022 Financial Highlights • Revenue of $1,638 million • Net loss to common stockholders of $43.6 million • Adjusted EBITDA (1) of $128.7 million • Basic and diluted net loss per share of $0.29
  evidence_url: https://www.sec.gov/Archives/edgar/data/1820721/000182072123000057/0001820721-23-000057-index.htm

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