Array Technologies (ARRY) Earnings Dates, Call Summary & Reports

1,641 Followers

Earnings Data

Report Date

Aug 11, 2026

After Close (Confirmed)

Period Ending

2026 (Q2)

Consensus EPS Forecast

0.13

Last Year’s EPS

0.25

Same Quarter Last Year

Analyst Consensus

Moderate Buy

Based on 20 Analysts Ratings

Earnings Call Summary

Q1 2026

Earnings Call Date:May 06, 2026|

% Change Since:

Earnings Call Sentiment|Positive

The call emphasized strong operational momentum: meaningful sequential improvements in margins and adjusted EBITDA, a record $2.4 billion order book with ~2x book-to-bill for the second consecutive quarter, healthy volume growth (~15% QoQ), broad adoption of new products (now >50% of backlog), increased liquidity and reaffirmed full-year guidance. Offsetting items include Q1 one-time margin benefits (~300 bps), a GAAP net loss, working capital seasonality affecting near-term cash flow, and elevated logistics/commodity costs and regional macro uncertainty that could pressure margins as international volumes ramp. Overall, the positives (execution, product traction, backlog quality and liquidity) substantially outweigh the manageable near-term headwinds.

Company Guidance

Array reaffirmed its full‑year FY2026 guidance across all key metrics, reiterating an adjusted gross margin outlook of 26–27% while calling 2026 a cash‑generative year; it expects Q2 revenue of $300–$320M with Q2 margin at the higher end of the full‑year range and cautioned second‑half margins will be influenced by international mix. In Q1 the company reported $223M revenue, $69M adjusted gross profit (30.7% adjusted gross margin, up 620 bps QoQ and including ~300 bps of one‑time benefits), volumes +~15% QoQ, $29M adjusted EBITDA (12.9% margin, +$18M sequentially / +157% QoQ), $41M adjusted SG&A, GAAP net loss $14M (diluted loss per share $0.09) and adjusted EPS $0.06, with $7.5M CapEx. Commercially, Array exited the quarter with a record $2.4B order book (second consecutive ~2x book‑to‑bill, 12‑month trailing book‑to‑bill 1.3x), >95% domestic, ~50% Tier‑1 customers, >50% new products in backlog, and ~80% of backlog expected to convert over the next six quarters. Balance sheet and liquidity included approximately $550M total available liquidity ($200M cash and a fully undrawn $370M revolver net of letters of credit) and net debt leverage of 2.7x trailing 12‑month adjusted EBITDA; management noted Q1 margins also benefited from a tariff recovery and an incremental “45x” onshoring benefit.

Strong Revenue and Volume Momentum

Q1 revenue of $223 million with volumes increasing ~15% quarter-over-quarter; revenue stability despite lower ASPs driven by project mix.

Material Margin and Profitability Improvement

Adjusted gross margin reached 30.7% in Q1 (up ~620 basis points vs. Q4); adjusted gross profit was $69 million (up 24% sequentially); adjusted EBITDA was $29 million, a 157% sequential increase and an $18 million improvement versus the prior quarter.

Record Order Book and Strong Book-to-Bill

Record order book of $2.4 billion, marking a second consecutive quarter with roughly a 2x book-to-bill ratio and a 12-month trailing book-to-bill of 1.3x; company expects ~80% of backlog to convert over the next six quarters.

Product Innovation and Commercial Traction

Launched DuraTrack D2S (dual-row tracker) with first commercial installation in Spain and strong early feedback; new products now represent over 50% of the order book and OmniTrack backlog exceeded DuraTrack for the first time.

International Expansion and New Contracts

Executed contracts across Turkey, Peru and Colombia; onshoring and global platform expansion highlighted as drivers for diversified international growth.

APA Integration and Facility Investments

APA integration progressing: opened a new 30,000 sq ft headquarters with a 5-acre solar test site and Foundations Center of Excellence; APA contributed meaningfully to order activity (noted ~ $150 million of order book contribution).

Balance Sheet and Liquidity Strength

Ended Q1 with approximately $550 million available liquidity (≈$200 million cash and $370 million undrawn revolver); net debt leverage at 2.7x trailing 12-month adjusted EBITDA and upsized/extended revolver to expand flexibility.

Reaffirmed Full-Year Guidance and Near-Term Outlook

Reaffirmed 2026 guidance, with full-year adjusted gross margin guidance of 26%–27%; Q2 revenue guidance of $300 million to $320 million and expectation that Q2 margin will be at the higher end of the range.

Array Technologies (ARRY) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

ARRY Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Aug 11, 2026	2026 (Q2)	0.13 / -	0.25	―	―	―
May 06, 2026	2026 (Q1)	-0.05 / 0.06	0.13	-53.85% (-0.07)
Feb 25, 2026	2025 (Q4)	>-0.01 / -0.01	0.16	-106.25% (-0.17)
Nov 05, 2025	2025 (Q3)	0.20 / 0.30	0.17	76.47% (+0.13)
Aug 07, 2025	2025 (Q2)	0.18 / 0.25	0.2	25.00% (+0.05)
May 06, 2025	2025 (Q1)	0.08 / 0.13	0.06	116.67% (+0.07)
Feb 27, 2025	2024 (Q4)	0.17 / 0.16	0.21	-23.81% (-0.05)
Nov 07, 2024	2024 (Q3)	0.13 / 0.17	0.21	-19.05% (-0.04)
Aug 08, 2024	2024 (Q2)	0.11 / 0.20	0.47	-57.45% (-0.27)
May 09, 2024	2024 (Q1)	-0.03 / 0.06	0.25	-76.00% (-0.19)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

ARRY Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
May 06, 2026	$8.13	$8.20	+0.86%
Feb 25, 2026	$11.00	$7.28	-33.82%
Nov 05, 2025	$8.32	$8.37	+0.60%
Aug 07, 2025	$5.84	$5.50	-5.82%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.