ARRY
Array Technologies, Inc. Information Technology Semiconductors & Related Devices Russell 3000
$3.39Close
$517.9MMarket cap
$3.15 – $11.9652-week range
Nov 5, 2026Next report · after the close
Highlights
Cautions
- Not in an uptrend 0 of 8 trend conditions
- Lagging the market RS 2 · weaker than 98% of stocks over 12 months
- Far from its high 72% below its 52-week high
- Distribution down-day volume 1.8× up-day volume over 50 sessions
- Earnings shrinking EPS −45% year on year
- Results soon Nov 5, 2026, in 4 days
- Financial distress Altman Z″ in the distress zone
Price
Filing Results Screen pick 52-week high and low Adjusted prices
Key figures
Off 12-month high
72%
1wk
up 6.3%
price change
1mo
down 15.9%
price change
12-month return
down 60%
market up 11% ·
its own down 73%
F-score
5 / 9
Mixed
Altman Z
1.08
Elevated risk
P/E
—
price / earnings
PEG
—
P/E / EPS growth
P/B
—
price / book
Earnings yield
down 3.1%
EBIT / enterprise value
Cheaper than
55%
of the market · around average
Revenue growth
up 40%
year on year
EPS growth
down 45%
latest quarter · +43 pts
Sales growth
down 6%
latest quarter · +21 pts
ROE
—
return on equity
Free cash margin
up 6%
$79.8M FCF
D/E
—
long-term debt / equity
Net debt / EBITDA
—
Interest cover
—EBIT / interest
Piotroski tests
- not yet profitable on its assets
- took on more long-term debt
- issued more shares
- gross margin narrowed
- generating cash from operations
- profitability improving
- profits backed by cash
- short-term liquidity improved
- assets working harder
Repair signals
- Revenue reaccelerating (-42% then +40%)
Trade setup
ATR%
6.4%
$0.22 a day · 2×ATR $2.96
RS
2 / 99
vs the universe
Trend
0 / 8
trend template
Relative volume
0.6×
vs 50-day average
Up/down volume
0.56
50 sessions
Implied move
—
no option chain · report Nov 5, 2026
Trend template · 0 of 8
Screen verdict
Did not qualify for any screen.
Warning signs
- Liabilities exceed assets Shareholders' equity is negative at -$206.3M as of Dec 31, 2025. What is left for shareholders after creditors is, on the balance sheet, less than nothing.
- Bankruptcy model reads distressed The Altman score sits inside the range historically associated with financial distress. It is used here only to exclude, never to rank, and it is a statistical band rather than a prediction about this company.
- Gross margin narrowing Gross margin fell from 32.5% to 23.2%. The company is keeping less of each dollar of sales than it did a year ago.
Last reported
Aug 5, 2026
Results reaction
Aug 5, 2026-12% vs market2 sessions after results
Financials
- Gross 23%
- Net -4%
- Free cash 6%
- Cash
- Long-term debt
| FY2020Dec 31, 2020 | FY2021Dec 31, 2021 | FY2022Dec 31, 2022 | FY2023Dec 31, 2023 | FY2024Dec 31, 2024 | FY2025Dec 31, 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $872.7M | $853.3M | $1.6B | $1.6B | $915.8M | $1.3B |
| Gross margin | 23% | 8% | 13% | 26% | 33% | 23% |
| Operating income | $95.2M | -$24.7M | -$18.1M | $214.1M | -$227.0M | -$29.0M |
| Net income | $59.1M | -$50.4M | $4.4M | $137.2M | -$240.4M | -$52.2M |
| Net margin | 7% | -6% | 0% | 9% | -26% | -4% |
| Earnings per share | $0.49 | -$0.39 | $0.03 | $0.90 | -$1.58 | -$0.34 |
| Free cash flow | -$123.5M | -$266.5M | $130.9M | $215.0M | $146.7M | $79.8M |
| Free cash margin | -14% | -31% | 8% | 14% | 16% | 6% |
| Cash | $108.4M | $367.7M | $133.9M | $249.1M | $363.0M | $244.4M |
| Long-term debt | $424.0M | $711.1M | $720.4M | $660.9M | $646.6M | $658.7M |
| Shareholders' equity | -$80.9M | -$69.2M | $124.3M | $259.2M | -$118.1M | -$206.3M |
| Shares outstanding | 126.99m | 135.03m | 150.51m | 151.24m | 151.95m | 152.78m |
Filings
| Filed | Report | Period to | Lag |
|---|---|---|---|
| Aug 5, 2026 | Quarterly ↗ | Jun 30, 2026 | 36d |
| May 6, 2026 | Quarterly ↗ | Mar 31, 2026 | 36d |
| Feb 25, 2026 | Annual ↗ | Dec 31, 2025 | 56d |
| Nov 5, 2025 | Quarterly ↗ | Sep 30, 2025 | 36d |
| Aug 7, 2025 | Quarterly ↗ | Jun 30, 2025 | 38d |
| May 6, 2025 | Quarterly ↗ | Mar 31, 2025 | 36d |
| Mar 3, 2025 | Annual ↗ | Dec 31, 2024 | 62d |
| Nov 7, 2024 | Quarterly ↗ | Sep 30, 2024 | 38d |
| Aug 8, 2024 | Quarterly ↗ | Jun 30, 2024 | 39d |
| May 9, 2024 | Quarterly ↗ | Mar 31, 2024 | 39d |
| Feb 28, 2024 | Annual ↗ | Dec 31, 2023 | 59d |
| Nov 7, 2023 | Quarterly ↗ | Sep 30, 2023 | 38d |
Current reports
| Filed | Disclosed |
|---|---|
| Aug 31, 2026 | Regulation FD · Other events ↗ |
| Aug 20, 2026 | Regulation FD ↗ |
| Aug 5, 2026 | Results ↗ |
| Jul 16, 2026 | Material agreement · Unregistered share sale · Regulation FD ↗ |
| May 20, 2026 | Shareholder vote ↗ |
| May 6, 2026 | Results ↗ |
| Mar 19, 2026 | Director or officer change · Regulation FD ↗ |
| Feb 25, 2026 | Results ↗ |
| Feb 18, 2026 | Material agreement · New obligation · Regulation FD ↗ |
| Nov 5, 2025 | Results ↗ |
| Aug 14, 2025 | Material agreement · Acquisition or disposal · Regulation FD ↗ |
| Aug 7, 2025 | Results ↗ |