ARRAY Technologies, a US-based solar tracking and fixed-tilt systems provider, has reported its FY 2025 financial results. According to the report, revenue was $1,284.1 million, compared with $915.8 million in FY 2024, reflecting a 40% increase. Gross margin was 23.2%, compared with 32.5% in FY 2024, indicating margin compression. Adjusted EBITDA reached $187.6 million, compared with $173.6 million in FY 2024, representing moderate improvement. Net loss to common shareholders was $112.0 million, compared with $296.1 million in FY 2024. Executed contracts and awarded orders totalled $2.2 billion at December 31, 2025. The report cited inventory valuation charges and goodwill impairment as factors influencing results. For FY 2026, revenue is expected between $1.4 billion and $1.5 billion, with Adjusted EBITDA projected between $200 million and $230 million.
ARRAY Technologies reports FY 2025 financial results
FY 2025 revenue rose to $1,284.1 million from $915.8 million YoY, as ARRAY Technologies reported Adjusted EBITDA of $187.6 million and issued 2026 revenue guidance.
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