Quarterly ResultAug 5, 2026, 04:18 PM
Array Technologies Q2 Revenue $342.1M; Orderbook Hits Record $2.5B
AI Summary
Array Technologies announced its second quarter 2026 financial results, reporting $342.1 million in revenue and $63.3 million in Adjusted EBITDA. The company achieved a record orderbook of $2.5 billion, marking a 37% year-over-year increase, and surpassed 100 gigawatts of cumulative tracker product shipments. Following strong first-half performance, Array Technologies updated its full-year 2026 guidance, raising the lower end of its Adjusted EBITDA and Adjusted net income per common share ranges. The company also highlighted new product launches and the pending acquisition of Affordable Wire Management.
Key Highlights
- Reported Q2 2026 Revenue of $342.1 million.
- Achieved a record orderbook of $2.5 billion, a 37% increase year-over-year.
- Delivered Q2 2026 Adjusted EBITDA of $63.3 million, up 119% sequentially.
- Reported Q2 2026 Adjusted net income per diluted common share of $0.24.
- Updated full-year 2026 Adjusted EBITDA guidance to $210 million to $230 million.
- Updated full-year 2026 Adjusted net income per share guidance to $0.68 to $0.75.
- Surpassed 100 gigawatts of tracker products delivered worldwide.
- Pending acquisition of Affordable Wire Management (AWM) expected to close in Q3 2026.
Price Impact
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