earnings
confidence high
sentiment positive
materiality 0.85
Array Technologies Q3 revenue $393.5M (+70% YoY); updates FY2025 guidance to include APA acquisition
Array Technologies, Inc.
2025-Q3 EPS reported
$0.32
revenue$1,058,097,000
- Q3 revenue $393.5M (up 70% YoY); GAAP net income $18.4M ($0.12 EPS); adjusted EPS $0.30.
- Adjusted EBITDA $72.2M; gross margin 26.9% (adj. 28.1%).
- Completed acquisition of APA Solar in August; total order book $1.9B (excl. APA).
- FY2025 guidance: revenue $1.25-$1.28B (incl. APA ~$50M); adj. EBITDA $185-$195M; adj. EPS $0.64-$0.70.
- Year-to-date revenue up 65%, volume up 74% YoY.