
Quarterly ResultAug 5, 2026, 05:18 PM
Array Technologies H1 Revenue $565.5M; Net Loss to Common Stockholders $5.1M
AI Summary
Array Technologies reported a decrease in revenue and a net loss to common stockholders for the first half of 2026. Revenue for the six months ended June 30, 2026, was $565.477 million, down from $664.606 million in the prior year period, resulting in a net loss to common stockholders of $5.102 million. Despite the decline in top-line performance, the company saw a significant increase in net cash provided by operating activities, reaching $91.858 million, and an increase in cash and cash equivalents to $307.302 million. The company also highlighted the acquisition of APA Solar, LLC in August 2025, which expanded its operational footprint in the solar energy market.
Key Highlights
- H1 2026 Revenue was $565.477 million, a decrease from $664.606 million in H1 2025.
- H1 2026 Net Loss to common stockholders was $5.102 million, compared to income of $30.777 million in H1 2025.
- H1 2026 Basic EPS was $(0.03), down from $0.20 in H1 2025.
- Cash and cash equivalents increased to $307.302 million as of June 30, 2026, from $244.388 million at Dec 31, 2025.
- Net cash provided by operating activities for H1 2026 was $91.858 million, up from $30.782 million in H1 2025.
- The company completed the acquisition of APA Solar, LLC on August 14, 2025, for $166.1 million cash and $19.3 million earnout.
Price Impact
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