ARRAY Technologies Reports Financial Results for the Second Quarter 2026
2026 Second Quarter Business Highlights Record total executed contracts and awarded orders at June 30, 2026 of $2.5 billion, a 37% increase year-over-year Over $500 million of new orders in the quarter and a trailing twelve-month book-to-bill of 1.5x Surpassed 100 gigawatts of tracker products delivered worldwide, a significant milestone representing ARRAY's successful leadership in the utility-scale solar industry Formally launched DuraTrack D2S™ for international markets Announced next-generation OmniTrack®, which accommodates an industry-leading 2° of slope change between adjacent posts 2026 Second Quarter Financial Highlights (in millions, except per share) 2Q 2026 Revenue $ 342.1 Gross margin 29.1 % Adjusted gross margin(1) 30.8 % Net income to common stockholders $ 8.4 Adjusted EBITDA(1) $ 63.3 Net income per basic and diluted common share $ 0.05 Adjusted net income per diluted common share(1) $ 0.24 ALBUQUERQUE, N.M., Aug. 05, 2026 (GLOBE NEWSWIRE) -- ARRAY Technologies, Inc. (NASDAQ: ARRY) (“ARRAY” or the “Company”), a leading global provider of solar tracking technology and fixed-tilt products, foundation solutions, software systems and services, today announced financial results for its second quarter ended June 30, 2026.