Array Technologies Q2 FY26 net income rises to $8.4 million; revenue totals $342.1 million
Reuters2026/08/05 20:57Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Array Technologies posted 2Q 2026 revenue of $342.1 million, with net income to common stockholders of $8.4 million, or $0.05 a share.
- Gross margin came in at 29.1%; adjusted gross margin (non-GAAP) was 30.8%, with adjusted EBITDA (non-GAAP) of $63.3 million.
- Executed contracts and awarded orders rose 37% year over year to a record $2.5 billion at June 30, with more than $500 million of new orders.
- Guidance kept full-year revenue at $1.4 billion-$1.5 billion, while adjusted EBITDA (non-GAAP) increased to $210 million-$230 million and adjusted gross margin (non-GAAP) was set at 27%-28%.
- Management highlighted surpassing 100 gigawatts of cumulative tracker deliveries, launching DuraTrack D2S internationally and next-generation OmniTrack, and pursuing the AWM acquisition.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Array Technologies Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001628280-26-053342), on August 05, 2026, and is solely responsible for the information contained therein.
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