Array Technologies reports FY2025 revenue up 40% to $1.28B, record orderbook $2.2B, guides FY2026 revenue $1.4-1.5B

Array Technologies, Inc.

2025-FY EPS reported -$0.73 revenue$1,284,141,000

FY2025 revenue $1,284.1M (+40% YoY); Q4 revenue $226.0M. Full-year volume growth of 35%.
GAAP net loss $112.0M (includes $102.6M goodwill impairment and $29.5M inventory charge); FY adjusted EBITDA $187.6M.
Record orderbook of $2.2B at Dec 31, 2025; 2x book-to-bill for total Array and APA.
FY2026 guidance: revenue $1.4-1.5B, adjusted EBITDA $200-230M, adjusted EPS $0.65-0.75.
Q1 2026 revenue expected ~$200M; 40:60 H1/H2 revenue split due to regulatory timing.

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