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ARRYArray Technologies, Inc.
$8.00$1.2B
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HomeStocksARRYEarnings History

ARRY logoArray Technologies, Inc. (ARRY) Earnings History

Net Loss

8 years of earnings data (2018–2025) · Currently unprofitable on a TTM basis

TTM Net Income
-$67M
● Net Loss
TTM EPS (Diluted)
$-0.44
Per share, diluted
YoY EPS Growth
+62.6%
Excellent
Net Margin
-4.1%
After-tax profitability
EPS Growth Rate (CAGR)
1YN/A
3YN/A
5YN/A
10YN/A
Operating Margin6.6%
Gross Margin21.2%
Return on Equity-19.0%
Return on Assets-3.6%
Record Annual Net Income$137MFY2023
Record Quarterly EPS$0.58Q1 2020
Consecutive Profitable Years0years
Q1 2026
Net Income$2M
EPS (Diluted)$-0.09
YoY Growth+62.6%Excellent
QoQ Growth+101.4%Excellent

Loading earnings history...

Array Technologies, Inc. (ARRY) Earnings Overview

As of June 21, 2026, Array Technologies, Inc. (ARRY) reported trailing twelve-month net income of -$67M, reflecting +62.6% year-over-year growth. The company earned $-0.44 per diluted share over the past four quarters, with a net profit margin of -4.1%.

Looking at the long-term picture, ARRY's historical earnings data spans multiple years. The company achieved its highest annual net income of $137M in fiscal 2023.

Array Technologies, Inc. is currently reporting a net loss, though operating performance should be evaluated in the context of growth investments and industry dynamics View revenue history →

Compared to peers including SHLS ($34M net income, 7.1% margin), FTCI (-$41M net income, -77.2% margin), FSLR ($1.67B net income, 29.3% margin), ARRY has room to improve margins relative to the peer group. Compare ARRY vs SHLS →

ARRY Earnings vs Peers

Earnings metrics vs comparable public companies

CompanyTTM Net IncomeTTM EPSNet MarginROEYoY GrowthCompare
ARRY logoARRYCurrent
-$67M$-0.44-4.1%-19.0%+62.6%—
SHLS logoSHLS
$34M$0.207.1%5.8%+42.9%
FTCI logoFTCI
-$41M$-2.68-77.2%--43.3%
FSLR logoFSLR
$1.7B$15.4729.3%17.4%+18.2%
ENPH logoENPH
$135M$1.0311.7%17.9%+72.0%
SEDG logoSEDG
-$364M$-6.09-34.2%-74.7%+78.2%
Best in group
Lowest in group

ARRY Historical Earnings Data (2018–2025)

8 years
Fiscal Year Net Income YoY % Operating Income EPS (Diluted) Net Margin Op. Margin
2025-$52M+78.3%$84M$-0.73-4.1%6.6%
2024-$240M-275.2%-$227M$-1.95-26.2%-24.8%
2023$137M+2996.6%$214M$0.568.7%13.6%
2022$4M+108.8%-$18M$-0.290.3%-1.1%
2021-$50M-185.3%-$25M$-0.51-5.9%-2.9%
2020$59M+48.6%$95M$0.476.8%10.9%
2019$40M+165.4%$83M$0.316.1%12.9%
2018-$61M--$61M$-0.48-20.9%-21.0%

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ARRY — Frequently Asked Questions

Quick answers to the most common questions about buying ARRY stock.

What is ARRY earnings per share (EPS)?

ARRY trailing twelve-month (TTM) diluted EPS is $-0.44, reflecting +62.6% year-over-year growth. The 5-year EPS CAGR is N/A. Complete EPS history from 2018 to 2025 is available in the table on this page.

What is Array Technologies, Inc.'s net income?

Array Technologies, Inc. (ARRY) trailing twelve-month net income is $-67M as of 2025. Earnings grew +62.6% year-over-year.

Is ARRY profitable?

ARRY is not currently profitable on a TTM basis, reporting a net loss of $-67M. Net margin is -4.1%. Investors should monitor for a return to profitability.

What is ARRY's earnings growth rate?

ARRY compound annual EPS growth rates (CAGR): 1-Year: N/A, 3-Year: N/A, 5-Year: N/A, 10-Year: N/A. These figures measure the annualised rate of diluted EPS growth over each period, based on data from 2018 to 2025.

What are ARRY's profit margins?

Array Technologies, Inc. net profit margin is -4.1%, operating margin is +6.6%, and gross margin is +21.2%. Below-average margins reflect competitive or cost pressures. Return on Equity is -19.0%.

Is ARRY growing earnings?

Yes, ARRY earnings are accelerating — EPS growth of +62.6% exceeds the 5-year CAGR of N/A. TTM net income reached $-67M. Earnings momentum is strengthening.

What was ARRY's best earnings year?

Array Technologies, Inc.'s highest annual net income on record is $137M, achieved in fiscal year 2023. Earnings history on this page spans 2018 to 2025 and includes all annual and quarterly figures.

What were ARRY's earnings last quarter?

ARRY's most recent reported quarter was Q1 2026. Net income was $2M with diluted EPS of $-0.09. For a full breakdown of all quarters, see the quarterly earnings table on this page.

ARRY Earnings Over Time (2018–2025)

Net income & EPS — annual and quarterly view