Array Technologies, Inc. develops and supplies solar tracking technology, fixed-tilt systems, foundation solutions, software platforms and field services for utility-scale and distributed generation solar PV projects. Its products include single-axis tracker systems that use steel supports, motors, gearboxes and electronic controls to orient panels toward the sun.
Recurring news about ARRY covers quarterly results, order activity, international project demand, product introductions such as DuraTrack® and DuraTrack D2S™, APA Solar foundation and racking initiatives, manufacturing and supply-chain updates, management participation in investor conferences, and board or technology leadership changes.
Array Technologies (ARRY) has opened a new 216,000-square-foot manufacturing facility in Albuquerque, New Mexico, following a more than $50 million investment. The plant is about three times the size of the company’s prior local site and is expected to support approximately 300 jobs across production, assembly, design, engineering, customer service and other functions.
The facility will expand domestic manufacturing of Array’s solar tracking and related components, bringing in-house parts that were previously sourced from external suppliers. Several components produced there qualify for the Section 45X Advanced Manufacturing Production Tax Credit, supporting cost competitiveness versus imports. The LEED-certified building was backed by a public-private partnership, including $2.5 million from New Mexico’s LEDA job-creation fund, $250,000 each from the City of Albuquerque and Bernalillo County, and partial property-tax abatement via an Industrial Revenue Bond.
Array Technologies (NASDAQ: ARRY) has completed its acquisition of Affordable Wire Management (AWM), a provider of wire management, cable protection and balance-of-system solutions for utility-scale solar and energy storage projects. The deal adds AWM’s high-margin cable management portfolio to Array’s tracking, fixed-tilt, foundation and software offerings.
According to Array, the transaction broadens its balance-of-system strategy, enhances service to utility-scale and distributed generation customers, and is expected to create new growth opportunities in battery energy storage and datacenter infrastructure. The acquisition is expected to be at least high single-digit accretive to Array’s Adjusted EPS in the first year before synergies.
ARRAY Technologies (NASDAQ: ARRY) announced that senior management and investor relations will participate in several investor conferences in September 2026. Events include the Barclays Energy-Power Conference on September 8, the Keybanc Energy Transition Symposium on September 17, the BNP Paribas Power Up Conference on September 23, and the Wolfe Research Utilities, Midstream & Clean Energy Conference on September 29. ARRAY plans to conduct investor meetings at each conference, and interested investors are advised to contact the respective organizing banks or research firms for meeting arrangements.
ARRAY Technologies (NASDAQ: ARRY) will host its APA Investor Technology Showcase today, August 20, 2026, starting at 9:00 a.m. ET. CEO Kevin Hostetler, ARRAY leadership and senior APA Solar leaders will outline ARRAY’s strategy to evolve from a pure-play solar tracker provider into a technically integrated energy infrastructure platform.
Management will review APA’s progress roughly one year after its acquisition, including integration, commercial traction, synergies and long-term growth profile. Key themes include building an integrated balance-of-system platform across foundations, trackers, wire management, controls, software and AI, expanding ARRAY’s addressable market and project share, and launching five major products in 2026. The company will also discuss its disciplined capital allocation approach and the expected third-quarter 2026 close of its pending Affordable Wire Management acquisition, subject to regulatory approvals and customary conditions. A live webcast and replay will be available via ARRAY’s investor relations website.
Array Technologies (NASDAQ: ARRY) reported 2026 second quarter revenue of $342.1 million, gross margin of 29.1% and net income to common stockholders of $8.4 million, or $0.05 per share. Adjusted gross margin was 30.8%, Adjusted EBITDA $63.3 million, and adjusted net income per diluted share $0.24.
At June 30, 2026, Array recorded a record $2.5 billion orderbook of executed contracts and awarded orders, up 37% year-over-year, with over $500 million of new orders in the quarter and a trailing twelve‑month book‑to‑bill of 1.5x. The company surpassed 100 gigawatts of tracker products delivered, launched DuraTrack D2S internationally, announced next‑generation OmniTrack, and highlighted its pending acquisition of Affordable Wire Management.
For full‑year 2026, Array now expects revenue of $1.4–$1.5 billion, Adjusted EBITDA of $210–$230 million, adjusted net income per share of $0.68–$0.75, and Adjusted gross margin of 27–28%. Third‑quarter 2026 revenue is expected between $310–$330 million.
ARRAY Technologies (NASDAQ: ARRY) launched ARRAY Atlas™, a suite of engineered foundation-to-tracker solutions designed exclusively for ARRAY trackers and APA foundations to improve interoperability from the ground up. Atlas targets the utility-scale solar tracker foundation market, which ARRAY estimates exceeds $1 billion annually.
The Atlas suite includes two configurations sharing a common bearing housing platform. Atlas I, for standard soil conditions, connects driven foundations via an adjustable rolled steel C-channel, aiming to increase design flexibility, enhance procurement resiliency, and lower deformation risk. Atlas II, for challenging soils, connects engineered foundations such as helical piles or ground screws with a dual-leg interface, featuring fewer connection points and a 70% reduction in component count compared to APA A-Frame®, plus improved vertical and East/West adjustability for varied topography.
Array Technologies (NASDAQ:ARRY) announced a new 60-degree variant of its DuraTrack solar tracker platform, introduced at the company’s third annual Insurance Forum. The system is designed to mitigate hail risk while lowering tracker and foundation capital expenditures compared to higher-angle trackers, targeting projects in moderate hail regions.
The 60-degree DuraTrack combines a 60-degree stow angle with Array’s SmarTrack software, including Hail Alert Response technology with a reported 99%+ reliable stow execution rate. It retains wired AC motors and wired communications for dependability, incorporates patented Wind XP passive wind stow validated for up to 4% energy yield benefit, and is expected to be available for quoting in 2026 with deliveries from mid-2027.
ARRAY Technologies (NASDAQ: ARRY) will host an APA Investor Technology Showcase on Thursday, August 20, 2026, starting at 9:00 a.m. ET. The event, held about one year after ARRAY’s acquisition of APA Solar, will feature leadership presentations, Q&A, a facility tour, and live product demonstrations.
Array Technologies (NASDAQ: ARRY) has signed a definitive agreement to acquire Affordable Wire Management (AWM), a provider of wire management, cable protection and balance-of-system solutions for utility-scale solar and energy storage projects, for total consideration of approximately $203 million, implying about 8.8x AWM’s trailing twelve-month EBITDA.
AWM generates nearly $60 million in trailing twelve-month revenue and has a profitable, capital-light model. The deal is expected to be high single digit accretive to Array’s Adjusted EPS in year one before synergies, expands its portfolio into high-margin cable management, and creates growth opportunities in battery energy storage systems (BESS) and datacenter infrastructure. Consideration includes a $153 million base purchase price plus up to $50 million of additional payments tied to continued employment and EBITDA-based earnouts through 2028. Closing is targeted for the third quarter of 2026, subject to regulatory approvals and customary conditions.
ARRAY Technologies (NASDAQ: ARRY) will release its second quarter 2026 financial results after the market close on Wednesday, August 5, 2026, followed by a conference call at 5:00 p.m. Eastern Time. Investors can access the call via phone, live webcast, or replay through the company’s investor relations website.