MARKETS / NASDAQ / ARRY
NASDAQ · SEMICONDUCTORS & RELATED DEVICES · LARGE CAP

Array Technologies, Inc. ARRY

8 fiscal years on record · USD · FY2025 reported
SEC FILINGS ONLY
Revenue · FY2025
$1.3B
▲ 40.2% vs FY2024
EPS · FY25
$-0.73
Dividend / sh · FY25
Payout · FY25
ROE · FY25
Net margin · FY25
-4.1%
Dividend coverage
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Result
USD 1.3B
Revenue, FY2025 · full 8-year series below
Revenue Net income
0.511.521.3-0.12018202120242025
0.511.521.3-0.12018202120242025

The company lost 4 cents on every revenue dollar this year.

Per share
USD -0.73
Diluted EPS, FY2025
EPS
0.40.81.2-0.732018202120242025
0.40.81.2-0.732018202120242025

The company pays no cash dividend.

Profitability
Return on equity, FY2025
ROE
204060802018202120242025
204060802018202120242025
Operating margin-2.3%
Net margin-4.1%
Return on assets-3.6%

Returned to shareholders
returned in FY2025 · dividends + net buybacks
Dividends paid
Net buybacks
Share of profit
Consecutive raises

Growth
+8.0% a year
revenue, compounded over five years
CAGR
3 yrs
5 yrs
10 yrs
15 yrs
Revenue
−7.8%
+8.0%

Compound annual rates per period — left blank where the series crosses a loss.

Share base
Shares outstanding, FY2025
Change, 5 years
Change, 10 years

A share split breaks the comparison across the period, so we leave it out.

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Balance sheet
USD 1.5B
total assets, end of FY2025
Total assetsUSD 1.5B
EquityUSD -206.3M
CashUSD 244.4M
Gross debtUSD 669.0M
Net debtUSD 424.6M
Current ratio2.31×

Net debt stands at -206% of equity.

History
8 fiscal years
Every figure from documents filed with the SEC · USD
Metric
2025
2024
2023
2022
2021
2020
2019
2018
Revenue $B
1.3
0.9
1.6
1.6
0.9
0.9
0.6
0.3
Operating income $B
−0.0
−0.2
0.2
−0.0
−0.0
0.1
0.1
−0.1
EBITDA $B
−0.0
−0.2
0.2
−0.0
−0.0
0.1
0.1
−0.0
Income tax $B
0.0
−0.0
0.0
−0.0
−0.0
0.0
0.0
−0.0
Net income $B
−0.1
−0.2
0.1
0.0
−0.1
0.1
0.0
−0.1
EPS, diluted $
−0.73
−1.95
0.56
−0.29
−0.51
0.49
0.33
−0.51
Dividend / sh $
·
·
·
·
·
·
·
·
Payout %
·
·
·
·
·
·
·
·
ROE %
·
−340.6
71.6
16.1
·
52.7
13.0
·
Shares out B
·
·
·
·
·
·
·
·

Slide the table for earlier years · "·" marks figures not disclosed in the filing for that year.

How we verifyAUDITED
30 of 30
checks passed before publication
EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidity

Every figure was compared against the original statement: 0 failures and 0 presentation gaps.

What we don’t show

We’d rather say what’s missing than fill the gap with an estimate.

P/E rationeeds a market quote — not yet licensed
Market capitalizationneeds a market quote — not yet licensed
Dividend yieldneeds a market quote — not yet licensed
Price-to-bookneeds a market quote — not yet licensed