Array Technologies FY 2025 revenue rises

Array Technologies

25/02/2026 21:34

Overview

Solar tracking tech provider's FY 2025 revenue grew 40%, with a $2.2 bln orderbook

Company reported FY 2025 net loss, but adjusted EBITDA was positive

Outlook

Array Technologies expects 2026 revenue between $1.4 bln and $1.5 bln

Company anticipates 2026 adjusted EBITDA between $200 mln and $230 mln

Array Technologies forecasts 1Q 2026 revenue around $200 mln

Result Drivers

RECORD ORDERBOOK - Co achieved a record $2.2 bln orderbook, reflecting investments in commercial organization and product portfolio

GLOBAL EXPANSION - DuraTrack technology expanded to global markets to meet customer demand for wind-stow technology

Company press release: ID:nGNXbVsmPl

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Orders
$2.2 bln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 15 "strong buy" or "buy", 10 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the renewable energy equipment & services peer group is "buy"

Wall Street's median 12-month price target for Array Technologies Inc is $11.00, about 2.5% above its February 24 closing price of $10.73

The stock recently traded at 12 times the next 12-month earnings vs. a P/E of 10 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)