Array Technologies, Inc.

ARRAY Technologies announced the launch of DuraTrack D2S", an advanced solar tracker designed for the two-row format popular in international markets. This new product aims to reduce capital expenditure through faster installation and improved terrain adaptability, while also enhancing energy yield by up to 4% and minimizing operating costs. DuraTrack D2S incorporates key features like Wind XP" passive wind stow technology and OmniTrack® terrain-following capability, and is launching initially in the EMEA market with its first commercial installation in Spain in Q1 2026.

Array Technologies, Inc. announced an enhanced version of its OmniTrack® terrain-following tracker, now offering increased flex capability of up to 2° between adjacent posts, doubling its previous capability. This improvement provides greater design flexibility, aiming to reduce construction costs, accelerate deployment, and minimize site grading. The updated OmniTrack, which is already the highest share of Array's orderbook, is available to quote now and expected to ship in Q3 2026, offering significant benefits for challenging project sites.

Array Technologies announced that its senior management team is scheduled to participate in three investor conferences in May and June 2026. Neil Manning, President & COO, will present at a webcast fireside chat at the J.P. Morgan Global Technology, Media and Communications Conference on May 18. CEO Kevin Hostetler and CFO H. Keith Jennings will also attend separate conferences. Management will hold meetings with investors at all events.

Array Technologies reported a significant decline in its first quarter 2026 financial results, with revenue decreasing 26% year-over-year to $223.4 million and net income plummeting to $2.0 million. The company recorded a net loss of $13.5 million to common stockholders, compared to a net income of $2.3 million in the prior year period. This quarter's results reflect ongoing impacts from the APA Acquisition in August 2025 and the recognition of Inflation Reduction Act vendor rebates.

Array Technologies announced its financial results for the first quarter ended March 31, 2026, reporting revenue of $223.4 million and Adjusted EBITDA of $28.8 million, exceeding internal expectations. The company achieved a new record orderbook of $2.4 billion and introduced DuraTrack D2S, a new dual-row tracker for international markets. Array Technologies also reaffirmed its full-year 2026 financial guidance.

Array Technologies reported its first quarter 2026 financial results, with revenue of $223.4 million and Adjusted EBITDA of $28.8 million, exceeding internal expectations. The company achieved a record total of $2.4 billion in executed contracts and awarded orders, alongside a 2x book-to-bill ratio for the quarter. Array Technologies also introduced DuraTrack D2S, a new dual-row tracker solution for international markets, and reaffirmed its full-year 2026 financial guidance.

Array Technologies, Inc. (ARRY) announced the appointment of Charlie Wickersham as Senior Vice President of Technology. In this role, Dr. Wickersham will be responsible for leading the company's technology strategy, overseeing the development of next-generation solar solutions, and driving innovation across the technology organization. He brings nearly 15 years of experience from First Solar, where he most recently served as the Head of Solar Module Development, leading new product innovation and advancing technology and product performance.