Record $2.4B orderbook highlights Array (NASDAQ: ARRY) Q1 2026

Q: How did Array Technologies (ARRY) perform financially in Q1 2026?

Array reported Q1 2026 revenue of $223.4 million with gross margin of 28.2% . The company posted a net loss to common shareholders of $13.5 million , or $(0.09) per share, but generated Adjusted EBITDA of $28.8 million and adjusted diluted EPS of $0.06 .

Q: What is Array Technologies’ orderbook as of March 31, 2026?

Array reported a record orderbook of $2.4 billion at March 31, 2026. Management highlighted that more than 95% of this backlog is domestic and roughly half is with Tier‑1 customers, with about 53% tied to newer products such as SkyLink, Hail XP and APA foundations.

Q: What 2026 full-year guidance did Array Technologies (ARRY) reaffirm?

For 2026, Array reaffirmed expectations for revenue of $1.4–$1.5 billion , Adjusted EBITDA of $200–$230 million , and adjusted net income per common share of $0.65–$0.75 . Guidance assumes adjusted gross margin of 26–27% and adjusted general and administrative expense around 12% of revenue.

Q: What guidance did Array provide for Q2 2026 revenue?

Array expects second quarter 2026 revenue between $300 million and $320 million . This outlook reflects planned conversion of its growing orderbook and continued strength in the domestic tracker business, following Q1 2026 revenue of $223.4 million and approximately 2x quarterly book‑to‑bill performance.

Q: How did Array Technologies’ non-GAAP results compare with GAAP in Q1 2026?

While GAAP net loss to common shareholders was $13.5 million , non‑GAAP metrics were stronger. Array reported Adjusted EBITDA of $28.8 million , a 12.9% adjusted EBITDA margin, and adjusted net income of $8.8 million , or $0.06 per diluted share, after adjustments like amortization and acquisition-related expenses.

Q: What new products and initiatives did Array highlight in this 8-K?

Array introduced DuraTrack D2S™ , a dual‑row tracker for international markets with passive wind stow and SmarTrack® compatibility. The company also emphasized momentum from products such as OmniTrack™, SkyLink and Hail XP, as well as progress integrating APA Solar, including a new APA headquarters and foundations center of excellence.

Filing Impact

(High)

Filing Sentiment

(Neutral)

Form Type

8-K

Rhea-AI Filing Summary

Array Technologies reported first quarter 2026 results with revenue of $223.4 million and gross margin of 28.2%. The company recorded a net loss to common shareholders of $13.5 million, or $(0.09) per share, while delivering Adjusted EBITDA of $28.8 million and adjusted diluted EPS of $0.06.

Array highlighted a record $2.4 billion orderbook, roughly 95% domestic and about half with Tier‑1 customers, supported by newer products such as OmniTrack, SkyLink, Hail XP and APA foundations. Management reaffirmed full‑year 2026 guidance, including revenue of $1.4–$1.5 billion, Adjusted EBITDA of $200–$230 million, and adjusted net income per share of $0.65–$0.75, and projected second‑quarter 2026 revenue of $300–$320 million. The company also introduced its new DuraTrack D2S™ dual‑row tracker for international markets and noted continued progress integrating APA Solar.

Insights

Orderbook and margins improved quarter over quarter, but GAAP earnings remained weak and growth is guided to recover over 2026.

Array generated $223.4M of Q1 2026 revenue with a $13.5M net loss to common shareholders, but expanded gross margin to 28.2%. Non‑GAAP metrics were stronger, with Adjusted EBITDA at $28.8M and adjusted diluted EPS of $0.06.

The record $2.4B orderbook, largely domestic and weighted to Tier‑1 customers, supports visibility into future revenue. Management reaffirmed 2026 guidance for revenue of $1.4–$1.5B and Adjusted EBITDA of $200–$230M, implying expectations for higher volume and profitability over the balance of 2026.

Execution on new products like DuraTrack D2S™, OmniTrack™, SkyLink and APA foundations, along with international wins in Turkey, Peru and Colombia, will be important to sustaining margins and converting backlog. Free cash flow was negative $36.9M this quarter; future filings will show whether working capital normalizes toward the targeted conversion profile.

8-K Event Classification

2 items: 2.02, 9.01

2 items

Item 2.02 Results of Operations and Financial Condition Financial

Disclosure of earnings results, typically an earnings press release or preliminary financials.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, and exhibit attachments filed with this report.

Key Figures

Q1 2026 Revenue: $223.4M Q1 2026 Gross Margin: 28.2% Q1 2026 Adjusted Gross Margin: 30.7% +5 more

8 metrics

Q1 2026 Revenue $223.4M Three months ended March 31, 2026

Q1 2026 Gross Margin 28.2% GAAP gross margin for the quarter

Q1 2026 Adjusted Gross Margin 30.7% Non-GAAP adjusted gross margin for the quarter

Q1 2026 Net loss to common shareholders $13.5M Net loss to common; $(0.09) per basic and diluted share

Q1 2026 Adjusted EBITDA $28.8M Non-GAAP Adjusted EBITDA with 12.9% margin

Q1 2026 Adjusted net income per diluted share $0.06 Non-GAAP adjusted EPS for the quarter

Orderbook balance $2.4B Record executed contracts and awarded orders at March 31, 2026

2026 Revenue guidance range $1.4B–$1.5B Full-year 2026 outlook reaffirmed

Key Terms

Adjusted EBITDA, orderbook, book-to-bill, Free cash flow, +2 more

6 terms

Adjusted EBITDA financial

"Adjusted EBITDA (1) | $28.8 Net loss per basic and diluted common share"

Adjusted EBITDA is a way companies measure how much money they make from their core operations, like running a business, by removing certain costs or income that aren’t part of regular business activities. It helps investors see how well a company is doing without distractions from unusual expenses or gains, making it easier to compare companies or track performance over time.

orderbook financial

"Record total executed contracts and awarded orders at March 31, 2026 of $2.4 billion"

A list that shows all current buy and sell instructions for a security, displaying how many shares people want to trade and at what prices. Think of it as a marketplace bulletin board where buyers post what they’ll pay and sellers post what they’ll accept; the arrangement and size of those posts reveal how easy it is to trade, how fast prices may move, and where the next trades are likely to occur. Investors use the orderbook to judge liquidity, transaction cost risk, and short-term price direction.

book-to-bill financial

"Achieved 2x book-to-bill with ~50% increase in APA orderbook."

The book-to-bill ratio compares new orders a company has received (bookings) to the products or services it has invoiced or shipped (billings) over the same period. It matters to investors because a ratio above 1 means demand is outpacing fulfillment and the company may grow revenue or build backlog, while a ratio below 1 suggests slowing demand and possible future revenue weakness — think of it as new customer orders versus what the company actually sold.

Free cash flow financial

"Free cash flow | $ (36,932) | | $ (15,411)"

Free cash flow is the amount of money a company has left over after paying all its expenses and investing in its business, like buying equipment or updating facilities. It shows how much cash is available to reward shareholders, pay down debt, or save for future growth. This helps investors understand if a company is financially healthy and able to grow.

non-GAAP financial measures financial

"This press release includes certain financial measures that are not presented in accordance with U.S. generally accepted accounting principles"

Non-GAAP financial measures are numbers companies use to show their financial performance that exclude certain expenses or income. They help investors see how the company might perform without one-time costs or other unusual items, giving a different perspective from official reports. However, since they can be adjusted, they don’t always tell the full story and should be looked at alongside standard financial figures.

Redeemable Perpetual Preferred Stock financial

"Series A Redeemable Perpetual Preferred Stock of $0.001 par value; 500,000 authorized"

Earnings Snapshot

Revenue: $223.4M · Guidance included

Q1 2026

Revenue $223.4M (26%) YoY as stated

Adjusted EBITDA $28.8M (29%) YoY as stated

Adjusted diluted EPS $0.06 (56%) YoY as stated

Orderbook $2.4B record balance; ~2x quarterly book-to-bill

Guidance

For full-year 2026, Array expects revenue of $1.4–$1.5B, Adjusted EBITDA of $200–$230M, and adjusted net income per common share of $0.65–$0.75, with Q2 2026 revenue guided to $300–$320M.

Understanding 8-K Material Events →

05/06/2026 - 04:13 PM

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Earliest Event Reported: May 6, 2026

ARRAY TECHNOLOGIES, INC.

(Exact Name of Registrant as Specified in its Charter)

Delaware

001-39613

83-2747826

(State or Other Jurisdiction

of Incorporation)

(Commission

File Number)

(IRS Employer

Identification No.)

3901 Midway Place NE

Albuquerque, New Mexico 87109

(Address of Principal Executive Offices) (Zip Code)

Registrant’s telephone number, including area code: (505) 881-7567

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:



☐						Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐						Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐						Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐						Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading

Symbol(s)

Name of each exchange

on which registered

Common Stock, $0.001 Par Value

ARRY

Nasdaq Global Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 2.02 Results of Operations and Financial Condition.

On May 6, 2026, Array Technologies Inc. (the “Company”), announced its financial results as of and for the quarter ended March 31, 2026, by issuing a press release, a copy of which is furnished as Exhibit 99.1 to this Current Report on Form 8-K and incorporated by reference herein. In the press release, the Company also announced that it would be holding a conference call on May 6, 2026, at 5:00 p.m. Eastern Time to discuss its financial results and provide an investor presentation. A copy of the investor presentation will be posted to our website at www.arraytechinc.com and is attached as Exhibit 99.2 hereto.

The information included in Item 2.02 of this Current Report on Form 8-K and the exhibits attached hereto are being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference into any other filing under the Securities Act of 1933, as amended, or the Exchange Act, regardless of any general incorporation language in any such filing.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

The following exhibits are filed as part of this report:



Exhibit#						Description

99.1						Press Release of Array Technologies, Inc., dated May 6, 2026.

99.2						Investor Presentation of Array Technologies, Inc., dated May 6, 2026.

104						Cover Page Interactive Data File (embedded within the Inline XBRL document).

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Array Technologies, Inc.

Date: May 6, 2026

By:

/s/ H. Keith Jennings

Name: H. Keith Jennings

Title: Chief Financial Officer

May 6, 2026

ARRAY Technologies Reports Financial Results for the First Quarter 2026

Achieves Record Orderbook of $2.4 Billion and Introduces DuraTrack D2STM for International Markets

2026 First Quarter Business Highlights

•Record total executed contracts and awarded orders at March 31, 2026 of $2.4 billion

•Achieved 2x book-to-bill with ~50% increase in APA orderbook. Trailing twelve-month book-to-bill of 1.3x.

•Contracted projects in Turkey, Peru, and Colombia, highlighting our international diversification

•Introducing DuraTrack D2S, a new dual-row tracker solution for international markets with key features and capabilities of flagship DuraTrack® product

•Reaffirming Full Year 2026 financial guidance

2026 First Quarter Financial Highlights


(in millions, except per share)			1Q 2026
Revenue			$223.4
Gross margin			28.2%
Adjusted gross margin(1)			30.7%
Net loss to common shareholders			($13.5)
Adjusted EBITDA(1)			$28.8
Net loss per basic and diluted common share			($0.09)
Adjusted net income per diluted common share(1)			$0.06

ALBUQUERQUE, NM — (GLOBE NEWSWIRE) — ARRAY Technologies, Inc. (NASDAQ: ARRY) (“ARRAY” or the “Company”), a leading global provider of solar tracking technology and fixed-tilt products, foundation solutions, software systems and services, today announced financial results for its first quarter ended March 31, 2026.

“ARRAY began 2026 with strong performance, delivering revenue and Adjusted EBITDA(1) above the expectations we set on our last earnings call. We delivered another 2x book-to-bill quarter, closing the period at a new record orderbook of $2.4 billion. Orderbook growth continues to be enabled by our traction with our new product offerings like OmniTrackTMand investment in our software and services businesses. We remain focused on high-quality domestic opportunities while pursuing disciplined international expansion, and our momentum this quarter reflected strength both domestically and abroad,” said Chief Executive Officer, Kevin G. Hostetler.

Mr. Hostetler continued, “The integration of APA continues to progress very well, and we opened a new APA headquarters to centralize our team, accelerate collaboration, and support a research and training center alongside a 5-acre solar innovation site. This new space will also house the APA Foundations Center of Excellence, enabling foundation offerings integrated with ARRAY tracking technology. Finally, I’m excited to introduce DuraTrack D2S, our next-generation dual-row tracker for key international markets, which combines patented passive wind stow technology, terrain adaptability, and optimized control through SmarTrack® into a single flexible platform. As we move through 2026, we will continue updating stakeholders on our progress against our strategic priorities - investing for the future to support margin resilience and scale, while driving commercial excellence and advancing our global expansion.”

Reaffirming Full Year 2026 Guidance

For the year ending December 31, 2026, the Company expects:

•Revenue to be in the range of $1.4 billion to $1.5 billion

•Adjusted EBITDA(2) to be in the range of $200 million to $230 million

•Adjusted net income per common share(2) to be in the range of $0.65 to $0.75

For the quarter ending June 30, 2026, the Company expects revenue to be in the range of $300 million to $320 million.

(1) A reconciliation of the most comparable GAAP measure to its Non-GAAP measure is included below.

(2) A reconciliation of projected Adjusted gross profit, Adjusted gross margin, Adjusted EBITDA and Adjusted net income per common share, which are forward-looking measures that are not prepared in accordance with GAAP, to the most directly comparable GAAP financial measures, is not provided because we are unable to provide such reconciliation without unreasonable effort. The inability to provide a quantitative reconciliation is due to the uncertainty and inherent difficulty predicting the occurrence, the financial impact and the periods in which the components of the applicable GAAP measures and non-GAAP adjustments may be recognized. The GAAP measures may include the impact of such items as non-cash share-based compensation, revaluation of the fair-value of our contingent consideration, and the tax effect of such items, in addition to other items we have historically excluded from Adjusted EBITDA and Adjusted net income per common share. We expect to continue to exclude these items in future disclosures of these non-GAAP measures and may also exclude other similar items that may arise in the future (collectively, “non-GAAP adjustments”). The decisions and events that typically lead to the recognition of non-GAAP adjustments are inherently unpredictable as to if or when they may occur. As such, for our 2026 guidance, we have not included estimates for these items and are unable to address the probable significance of the unavailable information, which could be material to future results.

Supplemental Presentation and Conference Call Information

ARRAY has posted a supplemental presentation to its website, which will be discussed during the conference call hosted by management today (May 6, 2026) at 5:00 p.m. (ET). The conference call can be accessed live over the phone by dialing (877)-869-3847 (domestic) or (201)-689-8261 (international), or via webcast of the live conference call by logging onto the Investor Relations section of the Company’s website at http://ir.arraytechinc.com. A telephonic replay will be available approximately three hours after the call by dialing (877)-660-6853 (domestic), or (201)-612-7415 (international), with the passcode 13759742. The replay will be available until 11:59 p.m. (ET) on May 20, 2026. The online replay will be available for 14 days on the same website, immediately following the call.

About ARRAY Technologies, Inc.

ARRAY Technologies (NASDAQ: ARRY) is a leading global provider of solar tracking technology and fixed-tilt systems to utility-scale and distributed generation customers, who construct, develop, and operate solar PV sites. With solutions engineered to withstand the harshest weather conditions, ARRAY’s high-quality solar trackers, fixed-tilt systems, software platforms, foundation solutions, and field services combine to optimize energy production and deliver value to our customers for the entire lifecycle of a project. Founded and headquartered in the United States, ARRAY is rooted in manufacturing and driven by technology - relying on its domestic manufacturing, diversified global supply chain, and customer-centric approach to design, deliver, commission, train, and support solar energy deployment around the world. For more news and information on ARRAY, please visit arraytechinc.com.

Investor Relations Contact:

Investor Relations

505-437-0010

investors@arraytechinc.com

Media Contact:

Steven Kirsch

505-738-6923

steven.kirsch@arraytechinc.com

Forward-Looking Statements

This press release contains forward-looking statements that are based on our management’s beliefs and assumptions and on information currently available to our management. Forward-looking statements include information concerning our possible or assumed future results of operations, business strategies, technology or product developments, financing and investment plans, dividend policy, competitive position, industry and regulatory environment, including potential regulatory reform related to energy credits, uncertainty relating to the implementation of tariffs and changes in trade policy, including the reduction or elimination of certain government incentives, ability to provide 100% domestic content trackers, expectations regarding the macroeconomic environment and geopolitical developments, including the effects of tariffs and changes in trade policy, potential growth opportunities and the effects of competition. Forward-looking statements include statements that are not historical facts and can be identified by terms such as “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “seek,” “should,” “will,” “would,” “designed to” “positioned” or similar expressions and the negatives of those terms.

ARRAY’s actual results and the timing of events could materially differ from those anticipated in such forward-looking statements as a result of certain risks, uncertainties and other factors, including without limitation: changes in growth or the rate of growth in demand for solar energy projects; factors outside of our control affecting the variability and demand for solar energy, including but not limited to, the retail price of electricity, availability of in-demand components like high-voltage breakers, various policies related to the permitting and interconnection costs of solar plants, and the availability of incentives for solar energy and solar energy production systems, which makes it difficult to predict our future prospects; competitive pressures within our industry; competition from conventional and renewable energy sources; a loss of one or more of our significant customers, their inability to perform under their contracts, or their default in payment; a drop in the price of electricity derived from the utility grid or from alternative energy sources; fluctuations in our results of operations across fiscal periods, which could make our future performance difficult to predict and could cause our results of operations for a particular period to fall below expectations; any increase in interest rates, or a reduction in the availability of tax equity or project debt capital in the global financial markets, which could make it difficult for customers to finance the cost of a solar energy system and reduce the demand for our products; existing electric utility industry policies and regulations, and any subsequent changes or new related policies and regulations, including as a result of the One Big Beautiful Bill Act, which may present technical, regulatory and economic barriers to the purchase and use of solar energy systems and may significantly reduce demand for our products or harm our ability to compete; the interruption of the flow of materials from international vendors, which could disrupt our supply chain, including as a result of the imposition of new and/or additional duties, tariffs and other charges or restrictions on imports and exports; changes in the global trade environment, including the continuation or imposition of import tariffs or other import restrictions; geopolitical, macroeconomic and other market conditions unrelated to our operating performance including but not limited to a pandemic, the Russia-Ukraine war, attacks on shipping in the Red Sea, conflict in the Middle East (including, but not limited to, the war in Iran), changing trade policies, inflation and interest rates; our ability to convert our orders in backlog into revenue; the reduction, elimination or expiration, or our failure to optimize the benefits of government incentives for, or regulations mandating the use of, renewable energy and solar energy, particularly in relation to our competitors, which could reduce demand for solar energy systems; failure to, or incurrence of significant costs in order to, obtain, maintain, protect, defend or enforce, our intellectual property and other proprietary rights; delays in construction projects and any failure to manage our inventory; significant changes in the cost of raw materials; disruptions to transportation and logistics, including increases in shipping costs; defects or performance problems in our products, which could result in loss of customers, reputational damage and decreased revenue; delays, disruptions or quality control problems in our product development operations; our ability to retain our key personnel or failure to attract additional qualified personnel; additional business, financial, regulatory and competitive risks due to our continued planned expansion into new markets; cybersecurity or other data incidents, including unauthorized disclosure of personal or sensitive data or theft of confidential information and the use of artificial intelligence by cyber threat actors; a failure to maintain an effective system of integrated internal controls over financial reporting, which may impair our ability to report our financial results accurately; our substantial indebtedness, risks related to actual or threatened public health epidemics, pandemics, outbreaks or crises; changes to laws and regulations, including changes to tax laws and

regulations, that are applied adversely to us or our customers; our ability to successfully integrate APA Solar, LLC into our existing operations and realize the anticipated benefits or synergies of the acquisition; and other factors listed and described in more detail in the section captioned “Risk Factors” in our Annual Report on Form 10-K, our Quarterly Reports on Form 10-Q, and our other documents on file with the U.S. Securities and Exchange Commission, each of which can be found on our website, www.arraytechinc.com.

Given these uncertainties, you should not place undue reliance on forward-looking statements. Also, forward-looking statements represent our management’s beliefs and assumptions only as of the date of this report. You should read this press release with the understanding that our actual future results may be materially different from what we expect. Except as required by law, we assume no obligation to update these forward-looking statements, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.

Non-GAAP Financial Information

This press release includes certain financial measures that are not presented in accordance with U.S. generally accepted accounting principles (“GAAP”), including Adjusted gross profit, Adjusted gross margin, Adjusted EBITDA, Adjusted net (loss) income, Adjusted net (loss) income per common share, Adjusted general and administrative expense and Free cash flow.

We define Adjusted gross profit as gross profit plus (i) amortization of developed technology and backlog and (ii) acquisition-related expenses. We define Adjusted gross margin as Adjusted gross profit as a percentage of revenue. We define Adjusted EBITDA as net (loss) income to common stockholders plus (i) other (income) expense, net, (ii) foreign currency (gain) loss, net, (iii) preferred dividends and accretion, (iv) interest expense, (v) income tax expense, (vi) depreciation expense, (vii) amortization of intangibles, (viii) amortization of developed technology and backlog, (ix) equity-based compensation, (x) change in fair value of contingent consideration, (xi) certain legal expenses, and (xii) acquisition-related expenses. We define Adjusted EBITDA margin as Adjusted EBITDA as a percentage of revenue. We define Adjusted net income as net (loss) income to common stockholders plus (i) amortization of intangibles, (ii) amortization of developed technology and backlog, (iii) amortization of debt discount and issuance costs, (iv) Series A preferred stock accretion, (v) equity-based compensation, (vi) change in fair value of contingent consideration, (vii) certain legal expenses, (viii) acquisition-related expenses, and (ix) income tax expense adjustments. We define Adjusted general and administrative expense as general and administrative expense less (i) equity-based compensation, (ii) certain legal expenses, and (iii) acquisition-related expenses. We define Free cash flow as Net cash used in operating activities less purchase of property, plant and equipment.

A detailed reconciliation between GAAP results and results excluding special items (“non-GAAP”) is included within this press release. We calculate net (loss) income per common share as net (loss) income to common stockholders divided by the basic and diluted weighted average number of shares outstanding for the applicable period and we define Adjusted net income per common share as Adjusted net income (as detailed above) divided by the basic and diluted weighted average number of shares outstanding for the applicable period.

We believe that these non-GAAP financial measures are provided to enhance the reader’s understanding of our past financial performance and our prospects for the future. Our management team uses these non-GAAP financial measures in assessing the Company’s performance, as well as in planning and forecasting future periods. The non-GAAP financial information is presented for supplemental informational purposes only and should not be considered a substitute for financial information presented in accordance with GAAP and may be different from similarly titled non-GAAP measures used by other companies.

Among other limitations, Adjusted gross profit, Adjusted gross margin, Adjusted EBITDA, Adjusted net income, Adjusted net income per common share, Adjusted general and administrative expense and Free cash flow do not reflect our cash expenditures, or future requirements, for capital expenditures or contractual commitments; do not reflect the impact of certain cash charges resulting from matters we consider not to be indicative of our ongoing operations; do not reflect income tax expense or benefit; and other companies in our industry may calculate Adjusted gross profit, Adjusted gross margin, Adjusted EBITDA, Adjusted net income, Adjusted net income per common share, Adjusted general and administrative expense and Free cash flow differently than we do, which limits their usefulness as comparative measures. Because of these limitations, Adjusted gross profit, Adjusted gross margin, Adjusted EBITDA, Adjusted net income, Adjusted net income per common share, Adjusted general and administrative expense and Free cash flow should not be considered in isolation or as substitutes for performance measures calculated in accordance with GAAP.

We compensate for these limitations by relying primarily on our GAAP results and using Adjusted gross profit, Adjusted gross margin, Adjusted EBITDA, Adjusted net income, Adjusted net income per common share, Adjusted general and administrative expense and Free cash flow on a supplemental basis.

You should review the reconciliation of gross profit to Adjusted gross profit and Adjusted gross margin, net (loss) income to Adjusted EBITDA, Adjusted net income and Adjusted net income per common share, General and administrative expense to Adjusted general and administrative expense and Net cash used in operating activities to Free cash flow below and not rely on any single financial measure to evaluate our business.

Array Technologies, Inc.

Condensed Consolidated Balance Sheets (unaudited)

(in thousands, except per share and share amounts)


	March 31, 2026		December 31, 2025
ASSETS
Current assets
Cash and cash equivalents	$	200,702	$	244,388
Restricted cash	1,291		1,596
Accounts receivable, net of allowance of $6,800 and $6,245, respectively	292,327		271,578
Inventories, net	167,973		150,374
Prepaid expenses and other	217,126		201,108
Total current assets	879,419		869,044

Property, plant and equipment, net	62,136		58,225
Lease assets	94,531		97,088
Goodwill	135,173		135,173
Other intangible assets, net	224,921		238,579
Deferred income tax assets	24,735		23,965
Other assets	54,112		29,718
Total assets	$	1,475,027	$	1,451,792

LIABILITIES, REDEEMABLE PERPETUAL PREFERRED STOCK AND STOCKHOLDERS' EQUITY
Current liabilities
Accounts payable	$	142,172	$	143,994
Accrued expenses	62,777		54,289
Income tax payable	5,685		4,687
Deferred revenue	138,527		128,433
Current portion of contingent consideration	10,248		14,551
Current portion of warranty liability	12,018		10,844
Current portion of lease liabilities	7,587		7,662
Current portion of debt	9,464		10,315
Other current liabilities	1,925		2,237
Total current liabilities	390,403		377,012

Deferred income tax liabilities	21,307		22,133
Contingent consideration, net of current portion	11,882		12,739
Warranty liability, net of current portion	5,209		5,466
Lease liabilities, net of current portion	89,197		89,552
Long-term debt, net of current portion	656,958		658,664
Other long-term liabilities	32,187		25,838
Total liabilities	1,207,143		1,191,404

Commitments and contingencies

Array Technologies, Inc.

Condensed Consolidated Balance Sheets (unaudited)

(in thousands, except per share and share amounts)


	March 31, 2026		December 31, 2025
Series A Redeemable Perpetual Preferred Stock of $0.001 par value; 500,000 authorized; 498,498 and 490,829 shares issued as of March 31, 2026 and December 31, 2025, respectively; liquidation preference of $498.5 million and $493.1 million at each date, respectively	482,265		466,728

Stockholders’ equity
Preferred stock of $0.001 par value - 4,500,000 shares authorized; none issued at respective dates	—		—
Common stock of $0.001 par value - 1,000,000,000 shares authorized; 153,734,045 and 152,779,614 shares issued at respective dates	155		152
Additional paid-in capital	214,485		226,848
Accumulated deficit	(420,862)		(422,859)
Accumulated other comprehensive loss	(8,159)		(10,481)
Total stockholders’ equity	(214,381)		(206,340)
Total liabilities, redeemable perpetual preferred stock and stockholders’ equity	$	1,475,027	$	1,451,792

Array Technologies, Inc.

Condensed Consolidated Statements of Operations (unaudited)

(in thousands, except per share amounts)


	Three Months Ended March 31,
	2026		2025
Revenue	$	223,412	$	302,363
Cost of revenue
Cost of product and service revenue	154,794		222,296
Amortization of developed technology and backlog	5,614		3,639
Total cost of revenue	160,408		225,935
Gross profit	63,004		76,428

Operating expenses
General and administrative	50,404		43,945
Change in fair value of contingent consideration	(2,586)		(150)
Depreciation and amortization	8,077		5,349
Total operating expenses	55,895		49,144

Income from operations	7,109		27,284

Interest income	2,387		3,319
Interest expense	(5,563)		(8,035)
Foreign currency gain, net	161		689
Other income, net	31		23
Total other expense, net	(2,984)		(4,004)

Income before income tax expense	4,125		23,280
Income tax expense	2,128		6,534
Net income	1,997		16,746
Preferred dividends and accretion	15,537		14,443
Net (loss) income to common stockholders	$	(13,540)	$	2,303

(Loss) income per common share
Basic	$	(0.09)	$	0.02
Diluted	$	(0.09)	$	0.02
Weighted average number of common shares outstanding
Basic	152,956		152,076
Diluted	152,956		152,783

Array Technologies, Inc.

Condensed Consolidated Statements of Cash Flows (unaudited) (continued)

(in thousands)


	Three Months Ended March 31,
	2026		2025
Operating activities
Net income	$	1,997	$	16,746
Adjustments to reconcile net income to cash used in operating activities:
Provision for bad debts	195		1,671
Deferred tax (benefit) expense	(1,596)		1,024
Depreciation and amortization	9,751		5,932
Amortization of developed technology and backlog	5,614		3,639
Amortization of debt discount and issuance costs	876		1,506
Equity-based compensation	3,941		2,798
Change in fair value of contingent consideration	(2,586)		(150)
Warranty provision	3,341		1,720
Inventory reserve	(526)		839
Other non-cash	161		—
Changes in operating assets and liabilities	(50,589)		(48,784)









Net cash used in operating activities	(29,421)		(13,059)
Investing activities
Purchase of property, plant and equipment	(7,511)		(2,352)


Net cash used in investing activities	(7,511)		(2,352)
Financing activities
Proceeds from issuance of other debt	24,218		7,862


Repayments of other debt	(27,412)		(7,294)
Repayments of term loan facility	—		(1,075)

Contingent consideration payments	(2,574)		(1,204)
Other financing	(1,844)		(14)
Net cash used in financing activities	(7,612)		(1,725)
Effect of exchange rate changes on cash and cash equivalent balances	553		2,488
Net change in cash and cash equivalents and restricted cash	(43,991)		(14,648)
Cash and cash equivalents, and restricted cash beginning of period	245,984		364,141
Cash and cash equivalents and restricted cash, end of period	$	201,993	$	349,493

Array Technologies, Inc.

Adjusted Gross Profit, Adjusted EBITDA, Adjusted Net Income, Adjusted General and Administrative Expense and Free Cash Flow Reconciliation (unaudited)

(in thousands, except per share amounts)

The following table reconciles Gross profit to Adjusted gross profit:


	Three Months Ended March 31,
	2026			2025
Revenue	$	223,412		$	302,363
Cost of revenue	160,408			225,935
Gross profit	63,004			76,428
Gross margin	28.2%			25.3%
Amortization of developed technology and backlog	5,614			3,639
Acquisition-related expenses(a)	40			—
Adjusted gross profit	$	68,658		$	80,067
Adjusted gross margin	30.7		%	26.5		%

(a) Represents acquisition-related fair value adjustments to Property, plant, and equipment.

The following table reconciles Net income to Adjusted EBITDA:


	Three Months Ended March 31,
	2026		2025
Net income	$	1,997	$	16,746
Preferred dividends and accretion	15,537		14,443
Net (loss) income to common stockholders	(13,540)		2,303
Other income, net	(2,418)		(3,342)
Foreign currency gain, net	(161)		(689)
Preferred dividends and accretion	15,537		14,443
Interest expense	5,563		8,035
Income tax expense	2,128		6,534
Depreciation expense	2,364		1,043
Amortization of intangibles	7,388		4,889
Amortization of developed technology and backlog	5,614		3,639
Equity-based compensation	3,941		2,798
Change in fair value of contingent consideration	(2,586)		(150)
Certain legal expenses(a)	—		1,083
Acquisition-related expenses(b)	4,997		—
Adjusted EBITDA	$	28,827	$	40,586

(a) Represents certain legal fees and other related costs associated with (i) actions filed against the company and certain officers and directors alleging violations of the Securities Act of 1933 and the Securities Exchange Act of 1934, which litigation was dismissed with prejudice by the Court on May 19, 2023 and subsequently appealed. On March 24, 2026, the Second Circuit issued a summary order affirming the district court’s dismissal of such action with prejudice, and (ii) legal and success fees related to a regional tax dispute for a period prior to the acquisition of STI, and (iii) other litigation and legal matters. We consider these costs not representative of legal costs that we will incur from time to time in the ordinary course of our business.

(b) Represents acquisition-related expenses.

Array Technologies, Inc.

Adjusted Gross Profit, Adjusted EBITDA, Adjusted Net Income, Adjusted General and Administrative Expense and Free Cash Flow Reconciliation (unaudited)

(in thousands, except per share amounts)

The following table reconciles Net income to Adjusted net income:


	Three Months Ended March 31,
	2026		2025
Net income	$	1,997	$	16,746
Preferred dividends and accretion	15,537		14,443
Net (loss) income to common stockholders	(13,540)		2,303
Amortization of Intangibles	7,388		4,889
Amortization of developed technology and backlog	5,614		3,639
Amortization of debt discount and issuance costs	876		1,393
Series A Preferred stock accretion	7,868		7,241
Equity-based compensation	3,941		2,798
Change in fair value of contingent consideration	(2,586)		(150)
Certain legal expenses(a)	—		1,083
Acquisition-related expenses(b)	5,061		—

Income tax expense of adjustments(c)	(5,790)		(3,474)
Adjusted net income	$	8,832	$	19,722

(Loss) income per common share
Basic	$	(0.09)	$	0.02
Diluted	$	(0.09)	$	0.02
Weighted average number of common shares outstanding
Basic	152,956		152,076
Diluted	152,956		152,783

Adjusted net income per common share
Basic	$	0.06	$	0.13
Diluted	$	0.06	$	0.13
Weighted average number of common shares outstanding
Basic	152,956		152,076
Diluted	155,485		152,783

(b) Represents acquisition-related expenses and fair value adjustments to Property, plant and equipment.

(c) Represents the estimated tax impact of all Adjusted Net Income add-backs, excluding those which represent permanent differences between book versus tax.

Array Technologies, Inc.

Adjusted Gross Profit, Adjusted EBITDA, Adjusted Net Income, Adjusted General and Administrative Expense and Free Cash Flow Reconciliation (unaudited)

(in thousands, except per share amounts)

The following table reconciles General and administrative expense to Adjusted general and administrative expense:


	Three Months Ended March 31,
	2026		2025
General and administrative expense	$	50,404	$	43,945
Equity-based compensation	(3,941)		(2,798)
Certain legal expenses(a)	—		(1,083)
Acquisition-related expenses(b)	(4,997)		—

Adjusted general and administrative expense	$	41,466	$	40,064

(b) Represents acquisition-related expenses.

The following table reconciles Net cash used in operating activities to Free cash flow:


	Three Months Ended March 31,
	2026		2025
Net cash used in operating activities	$	(29,421)	$	(13,059)
Purchase of property, plant and equipment	(7,511)		(2,352)
Free cash flow	$	(36,932)	$	(15,411)

0 1Q 26 E A R N N IN G S PR ES EN TA TI O N 1Q 2026 EARNINGS PRESENTATION May 6, 2026

1 DISCLAIMER 1Q 26 E A R N N IN G S PR ES EN TA TI O N FORWARD LOOKING STATEMENTS This presentation contains forward-looking statements that are based on our management’s beliefs and assumptions and on information currently available to our management. Forward-looking statements include information concerning our possible or assumed future results of operations, business strategies, technology or product developments, financing and investment plans, dividend policy, competitive position, industry and regulatory environment, including potential regulatory reform related to energy credits, uncertainty relating the implementation of tariffs and changes in trade policy, including the reduction or elimination of certain government incentives, ability to provide 100% domestic content trackers, expectations regarding the macroeconomic environment and geopolitical developments, including the effects of tariffs and changes in trade policy, potential growth opportunities and the effects of competition. Forward-looking statements include statements that are not historical facts and can be identified by terms such as “anticipate,” “believe,” “could,” “estimate,” “expect,” “anticipates,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “seek,” “should,” “will,” “would,” “designed to,” “positioned” or similar expressions and the negatives of those terms. Our actual results and the timing of events could materially differ from those anticipated in such forward-looking statements as a result of certain risks, uncertainties and other factors, including without limitation: changes in growth or the rate of growth in demand for solar energy projects; factors outside of our control affecting the variability and demand for solar energy, including but not limited to, the retail price of electricity, availability of in-demand components like high-voltage breakers, various policies related to the permitting and interconnection costs of solar plants, and the availability of incentives for solar energy and solar energy production systems, which makes it difficult to predict our future prospects; competitive pressures within our industry; competition from conventional and renewable energy sources; a loss of one or more of our significant customers, their inability to perform under their contracts, or their default in payment; a drop in the price of electricity derived from the utility grid or from alternative energy sources; fluctuations in our results of operations across fiscal periods, which could make our future performance difficult to predict and could cause our results of operations for a particular period to fall below expectations; any increase in interest rates, or a reduction in the availability of tax equity or project debt capital in the global financial markets, which could make it difficult for customers to finance the cost of a solar energy system and reduce the demand for our products; existing electric utility industry policies and regulations, and any subsequent changes or new related policies and regulations, including as a result of the One Big Beautiful Bill Act, which may present technical, regulatory and economic barriers to the purchase and use of solar energy systems and may significantly reduce demand for our products or harm our ability to compete; the interruption of the flow of materials from international vendors, which could disrupt our supply chain, including as a result of the imposition of new and/or additional duties, tariffs and other charges or restrictions on imports and exports; changes in the global trade environment, including the continuation or imposition of import tariffs or other import restrictions; geopolitical, macroeconomic and other market conditions unrelated to our operating performance including but not limited to a pandemic, the Russia-Ukraine war, attacks on shipping in the Red Sea, conflict in the Middle East (including, but not limited to, the war in Iran), changing trade policies, inflation and interest rates; our ability to convert our orders in backlog into revenue; the reduction, elimination or expiration, or our failure to optimize the benefits of government incentives for, or regulations mandating the use of, renewable energy and solar energy, particularly in relation to our competitors, which could reduce demand for solar energy systems; failure to, or incurrence of significant costs in order to, obtain, maintain, protect, defend or enforce, our intellectual property and other proprietary rights; delays in construction projects and any failure to manage our inventory; significant changes in the cost of raw materials; disruptions to transportation and logistics, including increases in shipping costs; defects or performance problems in our products, which could result in loss of customers, reputational damage and decreased revenue; delays, disruptions or quality control problems in our product development operations; our ability to retain our key personnel or failure to attract additional qualified personnel; additional business, financial, regulatory and competitive risks due to our continued planned expansion into new markets; cybersecurity or other data incidents, including unauthorized disclosure of personal or sensitive data or theft of confidential information and the use of artificial intelligence by cyber threat actors; a failure to maintain an effective system of integrated internal controls over financial reporting, which may impair our ability to report our financial results accurately; our substantial indebtedness, risks related to actual or threatened public health epidemics, pandemics, outbreaks or crises; changes to laws and regulations, including changes to tax laws and regulations, that are applied adversely to us or our customers; our ability to successfully integrate APA Solar, LLC into our existing operations and realize the anticipated benefits or synergies of the acquisition; and other factors listed and described in more detail in the section captioned “Risk Factors” in our Annual Report on Form 10-K, our Quarterly Reports on Form 10-Q, and our other documents on file with the U.S. Securities and Exchange Commission. Given these uncertainties, you should not place undue reliance on forward-looking statements. Also, forward-looking statements represent our management’s beliefs and assumptions only as of the date of this presentation. You should read this presentation with the understanding that our actual future results may be materially different from what we expect. Except as required by law, we assume no obligation to update these forward-looking statements, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. NON-GAAP FINANCIAL INFORMATION This presentation includes certain financial measures that are not presented in accordance with U.S. generally accepted accounting principles (“GAAP”), including Adjusted gross profit, Adjusted gross margin, Adjusted EBITDA, Adjusted EBITDA margin, Adjusted net income (loss), Adjusted net income (loss) per common share, Adjusted general and administrative expense and Free cash flow. We define Adjusted gross profit as gross profit plus (i) amortization of developed technology and backlog (ii) acquisition-related expenses, and (iii) inventory valuation charge. We define Adjusted gross margin as Adjusted gross profit as a percentage of revenue. We define Adjusted EBITDA as net (loss) income to common stockholders plus (i) other (income), net, (ii) gain on extinguishment of debt, net, (iii) foreign currency (gain) loss, net, (iv) preferred dividends and accretion, (v) interest expense, (vi) income tax expense (benefit), (vii) depreciation expense, (viii) amortization of intangibles, (ix) amortization of developed technology and backlog, (x) equity-based compensation, (xi) change in fair value of contingent consideration, (xii) goodwill impairment, (xiii) certain legal expenses, (ixv) acquisition- related expenses, (xv) inventory valuation charge, and (xvi) other costs. We define Adjusted EBITDA margin as Adjusted EBITDA as a percentage of revenue. We define Adjusted net income (loss) as net (loss) income to common stockholders plus (i) amortization of intangibles, (ii) amortization of developed technology and backlog, (iii) amortization of debt discount and issuance costs, (iv) Series A preferred stock accretion, (v) equity-based compensation, (vi) change in fair value of contingent consideration, (vii) goodwill impairment, (viii) certain legal expenses, (ix) acquisition-related expenses, (x) inventory valuation charge, (xi) other costs, and (xii) income tax expense adjustments. We define Adjusted general and administrative expense as general and administrative expense less (i) equity-based compensation, (ii) certain legal expenses, (iii) acquisition-related expenses, and (iv) other costs. We define Free cash flow as Net cash (used in) provided by operating activities less purchase of property, plant and equipment. A detailed reconciliation between GAAP results and results excluding special items (“non-GAAP”) is included within this presentation. We calculate net (loss) income per common share as net (loss) income to common stockholders divided by the basic and diluted weighted average number of shares outstanding for the applicable period and we define Adjusted net income (loss) per common share as Adjusted net income (loss) (as detailed above) divided by the basic and diluted weighted average number of shares outstanding for the applicable period. We believe that these non-GAAP financial measures are provided to enhance the reader’s understanding of our past financial performance and our prospects for the future. Our management team uses these non-GAAP financial measures in assessing the Company’s performance, as well as in planning and forecasting future periods. The non-GAAP financial information is presented for supplemental informational purposes only and should not be considered a substitute for financial information presented in accordance with GAAP and may be different from similarly titled non-GAAP measures used by other companies. Among other limitations, Adjusted gross profit, Adjusted gross margin, Adjusted EBITDA, Adjusted EBITDA margin, Adjusted net income (loss), Adjusted net income (loss) per common share, Adjusted general and administrative expense and Free cash flow do not reflect our cash expenditures, or future requirements, for capital expenditures or contractual commitments; do not reflect the impact of certain cash charges resulting from matters we consider not to be indicative of our ongoing operations; do not reflect income tax expense or benefit; and other companies in our industry may calculate Adjusted gross profit, Adjusted gross margin, Adjusted EBITDA, Adjusted EBITDA margin, Adjusted net income (loss), Adjusted net income (loss) per common share, Adjusted general and administrative expense and Free cash flow differently than we do, which limits their usefulness as comparative measures. Because of these limitations Adjusted gross profit, Adjusted gross margin, Adjusted EBITDA, Adjusted EBITDA margin, Adjusted net income (loss), Adjusted net income (loss) per common share, Adjusted general and administrative expense and Free cash flow should not be considered in isolation or as substitutes for performance measures calculated in accordance with GAAP. We compensate for these limitations by relying primarily on our GAAP results and using Adjusted gross profit, Adjusted gross margin, Adjusted EBITDA, Adjusted EBITDA margin, Adjusted net income (loss), Adjusted net income (loss) per common share, Adjusted general and administrative expense and Free cash flow on a supplemental basis. You should review the reconciliation of gross profit to Adjusted gross profit and Adjusted gross margin, net (loss) income to Adjusted EBITDA, Adjusted EBITDA margin, Adjusted net income (loss) and Adjusted net income (loss) per common share, General and administrative expense to Adjusted general and administrative expense and Net cash provided by operating activities to Free cash flow below and not rely on any single financial measure to evaluate our business. MARKET AND INDUSTRY DATA This presentation also contains information regarding our market and our industry that is derived from third-party research and publications. That information may rely upon a number of assumptions and limitations, and we have not independently verified its accuracy or completeness.

2 1Q 26 E A R N N IN G S PR ES EN TA TI O NGENERATING ENERGY WITH INTEGRITY FOR A SUSTAINABLE WORLD ARRAY TECHNOLOGIES Leading the way to a brighter, smarter future A global leader advancing the future of clean energy Headquartered in Albuquerque, New Mexico 1,200 employees globally 30+ years of serving the solar industry 256 total active patents, 217 additional pending An industry leader in energy yield, reliability, durability and quality ARRAY solar trackers are engineered for peak performance and long life One of America’s Most Responsible Companies(1) 99 GW TRACKERS DELIVERED GLOBALLY(2) Demonstrated track record of delivering power across the globe for 30+ years Putting passion into action Respecting what’s right Problem solving through technology and teamwork (1) Newsweek America’s Most Responsible Companies 2024 (2) Cumulative shipments of trackers delivered globally, excludes APA Solar, LLC ("APA")

3 1Q 26 E A R N N IN G S PR ES EN TA TI O N BUSINESS UPDATE Kevin G. Hostetler Chief Executive Officer — Neil Manning President & Chief Operating Officer

4 1Q 2026 FINANCIAL HIGHLIGHTS  �63.0M GROSS PROFIT +226% growth vs 4Q25(1) 28.2% Gross Margin +1,960 bps improvement vs 4Q25(1)  �68.7M ADJUSTED GROSS PROFIT(2) +24% growth vs 4Q25 30.7% Adj. Gross Margin(2) +620 bps improvement vs 4Q25  �13.5M NET LOSS �8.8M ADJUSTED NET INCOME(2) +$10.2M Adj. Net Income(2) growth vs 4Q25  �28.8M ADJUSTED EBITDA(2) +157% growth vs 4Q25 12.9% Adj. EBITDA Margin(2) +790 bps improvement vs 4Q25  �2.4B ORDERBOOK New Company Record >95% domestic, ~50% Tier-1 customers ~50% increase in APA orderbook OmniTrackTM, SkyLink, Hail XPTM, and APA account for 53% of orderbook(3) (1) 4Q25 reflects one-time inventory valuation charge of $29.5 million related to phase-out of STI H250 inventory that is not SmarTrack® compatible (2) See Appendix for reconciliation of non-GAAP measures to the closest GAAP measure (3) New product introductions as % of orderbook  �223.4M REVENUE (1%) vs 4Q25 +15% volume growth vs 4Q25 1Q 26 E A R N N IN G S PR ES EN TA TI O N

5 COMMERCIAL HIGHLIGHTS Growing traction in new product introductions in $2.4B orderbook Delivering on innovative offerings – multiple deployments of SkyLink Contracts executed in 3 expansion countries across EMEA and LATAM in 1Q Hosted first ARRAY Days of the year, engaging with 50 customers Customer Quote from Moss/Duke on SkyLink “Array’s SkyLink system provides the flexibility needed without excess complexity. The eight linked-row architecture allows better layout optimization on complex sites. The wireless, zero trenching design is expected to reduce install time and improve reliability for years of operation. We are pleased that these advancements were made while maintaining the base design and functionality of the proven tracker system.” - Duke Energy 1Q 26 E A R N N IN G S PR ES EN TA TI O N1Q 2026 BUSINESS UPDATES NEW APA HEADQUARTERS 30,000 square foot facility uniting functional teams to drive collaboration and accelerate innovation cycles Campus includes research, testing, and training center for new product development, including a 5-acre solar site for new product innovation and customer education Expanded campus housing APA’s Foundations Center of Excellence to drive differentiated customer value through integrated offerings and strengthen technical interoperability with tracker solutions

6 1Q 26 E A R N N IN G S PR ES EN TA TI O NSTRATEGIC PRIORITIES GUIDING PROFITABLE GROWTH AND GLOBAL SCALE Q1 execution delivered tangible progress across innovation, international expansion, and customer value creation 1 2 3 INNOVATE OUR FUTURE ELEVATE INTERNATIONAL BUSINESS ADVANCE CUSTOMER-FIRST CULTURE Introduced DuraTrack D2STM internationally, aligning to customer needs and reinforcing differentiated value proposition APA integration on track, extending product portfolio and strengthening foundation and tracker interoperability Contracted projects across Turkey, Peru, and Colombia, underpinning geographic diversification and pipeline momentum Strengthened international execution model, aligning regions around a common product platform Record $2.4B orderbook with ~2x book-to-bill, reflecting customer confidence and improving revenue visibility Technical Sales improving customer engagement and driving up win-rate

7 PREVIEWING DURATRACK D2STM Dual-row tracker solution with patented passive wind stow technology for international markets Available to quote June 2026 (1) Third-party DNV Wind Stow Energy Loss Study, March 2024 PATENTED PASSIVE WIND STOW TECHNOLOGY Energy production benefit of up to 4%(1) SMARTRACK® ENABLED Backtracking, Diffuse, & Hail and Snow Alert Response compatible LEADING TERRAIN ADAPTABILITY Incorporates OmniTrackTM terrain flexibility RESILIENT POWER SUPPLY Powered by integrated PV panel with dependable battery backup “ARRAY is a key partner to us, and as soon as they presented the DuraTrack D2S tracker we were eager to install it and install it fast! A passive-stow tracker, in dual-row configuration, is what we were looking for.” - Salix Solar 1Q 26 E A R N N IN G S PR ES EN TA TI O N FIRST COMMERCIAL INSTALLATION: SPAIN

8 1Q 26 E A R N N IN G S PR ES EN TA TI O NGLOBAL COMMERCIAL MOMENTUM Momentum improved in Q126 as we strengthened regional execution, expanded qualified pipeline visibility, and progressed wins in key growth markets LATAM Expanded pipeline outside Brazil with strong interest in DuraTrack®/OmniTrack and LCOE value proposition Contracts executed in Peru and Colombia, reinforcing momentum in Andean growth markets EMEA Rebuilding the book with key wins and momentum with global accounts Notable progress with OmniTrackTM in Turkey APAC Large projects with strong partners enabling a leading market position Successful track record of local content projects in Australia Contracts executed in Peru, Colombia, and Turkey supporting a foundation for diversification and growth NORTH AMERICA APA momentum continues to grow across both utility-scale fixed-tilt and A-frame Projects support both utility-scale and datacenter applications

9 1Q 26 E A R N N IN G S PR ES EN TA TI O NCOMMERCIAL EXECUTION STRENGTH Commercial execution improvements are reinforcing backlog quality, pricing discipline, and margin durability INCREASED TECHNICAL AND PRODUCT-LED SELLING Increased focus on LCOE-driven value selling, not lowest-price wins Earlier and deeper technical sales engagement on complex projects Differentiated offerings (DuraTrack D2STM, OmniTrackTM, APA foundations) improving competitiveness beyond pricing DRIVING MEASURABLE IMPROVEMENTS IN THE ORDERBOOK ~50% of orderbook with Tier-1s & >95% domestic – confidence in execution 53% of orderbook from new products – effective new product development 1.3X book-to-bill trailing twelve months – continuing to capture share ~80% of orderbook expected to deliver in next 6 quarters – predictability in the mid-term $1.8 $1.9 $2.2 $2.4 Q2'25 Q3'25 Q4'25 Q1'26 RECORD ORDERBOOK as of Q1’26 (1) APA inclusion begin Q4’25 – record orderbook achieved with and without APA included in Q1’26 (1)

10 H. Keith Jennings Chief Financial Officer FINANCIAL UPDATE 1Q 26 E A R N N IN G S PR ES EN TA TI O N

11 1Q 26 E A R N N IN G S PR ES EN TA TI O N1Q 2026 FINANCIAL HIGHLIGHTS Strong start to the year generating meaningful improvement in profit quarter over quarter $223.4 $226.0 $302.4 1Q26 4Q25 1Q25 Revenue $(0.09) $0.06 $(0.01) $0.13 1Q26 4Q25 1Q25 Diluted EPS Adj. EPS $63.0 $19.3 $76.4 $68.7 $55.4 $80.1 28.2% 8.6% 25.3% 30.7% 24.5% 26.5% 1Q26 4Q25 1Q25 Gross Profit (GAAP) Adj. Gross Profit Gross Margin (GAAP) Adj. Gross Margin $(13.5) $28.8 $11.2 $40.6 12.9% 5.0% 13.4% 1Q26 4Q25 1Q25 Net Income (Loss) Adj. EBITDA Adj. EBITDA Margin Quarter Over Quarter REVENUE (1%) ADJ. GP +24% ADJ. EBITDA +157% ADJ. EPS +764% Year Over Year REVENUE (26%) ADJ. GP (14%) ADJ. EBITDA (29%) ADJ. EPS (56% ) ($ m ill io ns ) ($ m ill io ns ) ($ m ill io ns ) (1) (1) (1) (1)(1) (1) See Appendix for reconciliation of non-GAAP measures to the closest GAAP measure $(161.2) $(1.06) $0.02 $2.3

12 1Q 2026 FINANCIAL RESULTS Strong results exceeded expectations in revenue, adjusted EBITDA(1) and adjusted EPS(1) Financial Highlights 1Q26 Adjusted Gross Margin(1) of 30.7%, improved by 620 bps from 4Q25, primarily due to stronger domestic volumes, cost out initiatives, and one-time items, including incremental 45X benefit and tariff recovery items 1Q26 Adjusted EBITDA(1) of $29M, sequentially up 157% vs 4Q25, primarily due to outperformance in domestic tracker business & margin improvements (1) See Appendix for reconciliation of non-GAAP measures to the closest GAAP measure ($ in millions, except EPS Data) 1Q26 4Q25 1Q25 Revenue $223.4 $226.0 $302.4 Gross margin 28.2% 8.6% 25.3% Net (loss) income to Common Stockholders ($13.5) ($161.2) $2.3 Diluted net (loss) income per share ($0.09) ($1.06) $0.02 Net cash (used in) provided by operating activities ($29.4) $43.6 ($13.1) Adjusted gross margin(1) 30.7% 24.5% 26.5% Adjusted EBITDA(1) $28.8 $11.2 $40.6 Adjusted EBITDA margin(1) 12.9% 5.0% 13.4% Adjusted net income (loss)(1) $8.8 ($1.3) $19.7 Adjusted net income (loss) per common share(1) $0.06 ($0.01) $0.13 Free Cash Flow(1) ($36.9) $36.2 ($15.4) 1Q 26 E A R N N IN G S PR ES EN TA TI O N

13 1Q 26 E A R N N IN G S PR ES EN TA TI O NREAFFIRMING 2026 FULL YEAR GUIDANCE FULL YEAR ENDING DECEMBER 31, 2026 Revenue $1.4B - $1.5B Adjusted EBITDA(1) $200M - $230M Adjusted Net Income Per Common Share(1) $0.65 - $0.75 (1) A reconciliation of projected adjusted gross profit, adjusted gross margin, adjusted EBITDA, adjusted net income (loss) per common share, adjusted G&A, and free cash flow, which are forward-looking measures that are not prepared in accordance with GAAP, to the most directly comparable GAAP financial measures, is not provided because we are unable to provide such reconciliation without unreasonable effort. The inability to provide a quantitative reconciliation is due to the uncertainty and inherent difficulty predicting the occurrence, the financial impact and the periods in which the components of the applicable GAAP measures and non-GAAP adjustments may be recognized. The GAAP measures may include the impact of such items as non-cash share-based compensation, revaluation of the fair-value of our contingent consideration, amortization of intangible assets and the tax effect of such items, in addition to other items we have historically excluded from adjusted EBITDA and adjusted net income per share. We expect to continue to exclude these items in future disclosures of these non-GAAP measures and may also exclude other similar items that may arise in the future (collectively, “non-GAAP adjustments”). The decisions and events that typically lead to the recognition of non-GAAP adjustments are inherently unpredictable as to if or when they may occur. As such, for our 2026 guidance, we have not included estimates for these items and are unable to address the probable significance of the unavailable information, which could be material to future results. 2Q26 ENDING JUNE 30, 2026 Assumptions: FY Adjusted Gross Margin(1): 26% - 27% FY Adjusted G&A(1): Approx. 12% of revenue Free Cash Flow(1) conversion as % of Adjusted EBITDA: Similar to 2025 Revenue $300M - $320M

14 Capitalizing on attractive long-term solar growth Utility-scale solar remains the lowest-cost of new electricity generation globally(1) Positioned to benefit from durable demand drivers, including electrification, AI datacenter growth, and energy transition Driving customer value through differentiated technology Proven, high-quality tracking solutions designed for reliability, performance, and lifecycle value Integrated platform across hardware, software, and foundations expands total addressable market New products represent more than half of orderbook, reflecting strong customer adoption Expanding global platform and strong commercial momentum Strong orderbook momentum entering 2026 supports revenue visibility and long-term growth Scaled global footprint with expanding presence across key international markets, including Turkey, Peru, and Colombia Standardized product platform enables repeatable execution and share gains, while growing backlog supports long-term revenue visibility Executing for long-term value creation Disciplined cost structure and margin expansion initiatives underway, including APA procurement and 45X synergies Strong cash flow generation driven by working capital efficiency Balanced capital allocation supporting growth, deleveraging, and long-term returns (1) Lazard Levelized Cost of Energy report June 2025 1Q 26 E A R N N IN G S PR ES EN TA TI O NDISCIPLINED EXECUTION SUPPORTING SUSTAINABLE VALUE CREATION

15 APPENDIX 1Q 26 E A R N N IN G S PR ES EN TA TI O N

16 Array Technologies, Inc. As of (in thousands, except per share and share amounts) (Unaudited) March 31, 2026 December 31, 2025 Assets Current Assets Cash and cash equivalents $ 200,702 $ 244,388 Restricted cash 1,291 1,596 Accounts receivable, net 292,327 271,578 Inventories, net 167,973 150,374 Prepaid expenses and other 217,126 201,108 Total current assets 879,419 869,044 Property, plant and equipment, net 62,136 58,225 Lease assets 94,531 97,088 Goodwill 135,173 135,173 Other intangible assets, net 224,921 238,579 Deferred income tax assets 24,735 23,965 Other assets 54,112 29,718 Total assets $ 1,475,027 $ 1,451,792 Liabilities, Redeemable Perpetual Preferred Stock and Stockholders' Equity Current Liabilities Accounts payable $ 142,172 $ 143,994 Accrued expenses 62,777 54,289 Income tax payable 5,685 4,687 Deferred revenue 138,527 128,433 Current portion of contingent consideration 10,248 14,551 Current portion of warranty liability 12,018 10,844 Current portion of lease liabilities 7,587 7,662 Current portion of debt 9,464 10,315 Other current liabilities 1,925 2,237 Total current liabilities 390,403 377,012 Deferred income tax liabilities 21,307 22,133 Other long-term liabilities 32,187 25,838 Contingent consideration, net of current portion 11,882 12,739 Warranty liability, net of current portion 5,209 5,466 Lease liabilities, net of current portion 89,197 89,552 Long-term debt, net of current portion 656,958 658,664 Total liabilities 1,207,143 1,191,404 Commitments and contingencies Series A Redeemable Perpetual Preferred Stock: $0.001 par value; 500,000 authorized; 498,498 and 490,829 issued, respectively; liquidation preference of $498.5 million and $493.1 million at each date, respectively 482,265 466,728 Stockholders' equity Preferred stock of $0.001 par value - 4,500,000 shares authorized; none issued at respective dates - - Common stock of $0.001 par value - 1,000,000,000 shares authorized; 153,734,045 and 152,779,614 shares issued at respective dates 155 152 Additional paid-in capital 214,485 226,848 Accumulated deficit (420,862) (422,859) Accumulated other comprehensive loss (8,159) (10,481) Total stockholders' equity (214,381) (206,340) Total liabilities, redeemable perpetual preferred stock and stockholders' equity $ 1,475,027 $ 1,451,792 1Q 26 E A R N N IN G S PR ES EN TA TI O NCONDENSED CONSOLIDATED BALANCE SHEETS

17 1Q 26 E A R N N IN G S PR ES EN TA TI O NCONDENSED CONSOLIDATED STATEMENT OF OPERATIONS Array Technologies, Inc. Three Months Ended March 31, (in thousands, except per share amounts) (Unaudited) 2026 2025 Revenue $ 223,412 $ 302,363 Cost of revenue Cost of product and service revenue 154,794 222,296 Amortization of developed technology and backlog 5,614 3,639 Total cost of revenue 160,408 225,935 Gross profit 63,004 76,428 Operating expenses General and administrative 50,404 43,945 Change in fair value of contingent consideration (2,586) (150) Depreciation and amortization 8,077 5,349 Total operating expenses 55,895 49,144 Income from operations 7,109 27,284 Interest income 2,387 3,319 Interest expense (5,563) (8,035) Foreign currency gain, net 161 689 Other income, net 31 23 Total other expense, net (2,984) (4,004) Income before income tax expense 4,125 23,280 Income tax expense 2,128 6,534 Net income 1,997 16,746 Preferred dividends and accretion 15,537 14,443 Net (Loss) income to common stockholders $ (13,540) $ 2,303 (Loss) income per common share Basic $ (0.09) $ 0.02 Diluted $ (0.09) $ 0.02 Weighted average number of common shares outstanding Basic 152,956 152,076 Diluted 152,956 152,783

18 1Q 26 E A R N N IN G S PR ES EN TA TI O NCONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS Array Technologies, Inc. Three Months Ended March 31, (in thousands) (Unaudited) 2026 2025 Operating activities Net income $ 1,997 $ 16,746 Adjustments to net income: Provision for bad debts 195 1,671 Deferred tax (benefit) expense (1,596) 1,024 Depreciation and amortization 9,751 5,932 Amortization of developed technology and backlog 5,614 3,639 Amortization of debt discount and issuance costs 876 1,506 Equity-based compensation 3,941 2,798 Change in fair value of contingent consideration (2,586) (150) Warranty provision 3,341 1,720 Inventory reserve (526) 839 Other non-cash 161 - Changes in working capital, net (50,589) (48,784) Net cash used in operating activities (29,421) (13,059) Investing activities Purchase of property, plant and equipment (7,511) (2,352) Net cash used in investing activities (7,511) (2,352) Financing activities Proceeds from issuance of other debt 24,218 7,862 Repayments of other debt (27,412) (7,294) Repayments of term loan facility - (1,075) Contingent consideration payments (2,574) (1,204) Other financing (1,844) (14) Net cash used in financing activities (7,612) (1,725) Effect of exchange rate changes on cash and cash equivalent balances 553 2,488 Net change in cash and cash equivalents and restricted cash (43,991) (14,648) Cash and cash equivalents, and restricted cash beginning of period 245,984 364,141 Cash and cash equivalents and restricted cash, end of period $ 201,993 $ 349,493

19 1Q 26 E A R N N IN G S PR ES EN TA TI O NADJUSTED GROSS PROFIT RECONCILIATION Array Technologies, Inc. Three Months Ended (in thousands, except percentages) (Unaudited) March 31, 2026 December 31, 2025 March 31, 2025 Revenue $ 223,412 $ 226,044 $ 302,363 Cost of revenue 160,408 206,714 225,935 Gross profit 63,004 19,330 76,428 Gross margin 28.2% 8.6% 25.3% Amortization of developed technology and backlog 5,614 5,807 3,639 Acquisition-related expenses(a) 40 762 - Inventory valuation charge(b) - 29,516 - Adjusted gross profit 68,658 55,415 80,067 Adjusted gross margin 30.7% 24.5% 26.5% a) Represents acquisition-related fair value adjustments to Property, plant, and equipment. b) Represents inventory valuation charge related to phase-out of STI H250TM inventory that is not SmartTrack® compatible.

20 Array Technologies, Inc. Three Months Ended (in thousands) (Unaudited) March 31, 2026 December 31, 2025 March 31, 2025 General and administrative expense $ 50,404 $ 57,465 $ 43,945 Equity-based compensation (3,941) (4,228) (2,798) Certain legal expenses(a) - - (1,083) Acquisition-related expenses(b) (4,997) (5,226) - Other costs(c) - (2,267) - Adjusted general and administrative expense $ 41,466 $ 45,744 $ 40,064 a) Represents certain legal fees and other related costs associated with (i) actions filed against the company and certain officers and directors alleging violations of the Securities Act of 1933 and the Securities Exchange Act of 1934, which litigation was dismissed with prejudice by the Court on May 19, 2023 and subsequently appealed. On March 24, 2026, the Second Circuit issued a summary order affirming the district court’s dismissal of such action with prejudice, and (ii) legal and success fees related to a regional tax dispute for a period prior to the acquisition of STI, and (iii) other litigation and legal matters. We consider these costs not representative of legal costs that we will incur from time to time in the ordinary course of our business. b) Represents acquisition-related expenses. c) For the three months ended December 31, 2025, represents $1.2 million organization restructuring and $1.1 million resolution of STI legacy VAT matter. 1Q 26 E A R N N IN G S PR ES EN TA TI O NADJUSTED G&A RECONCILIATION

21 Array Technologies, Inc. Three Months Ended (in thousands) (Unaudited) March 31, 2026 December 31, 2025 September 30, 2025 June 30, 2025 March 31, 2025 Net income (loss) $ 1,997 $ (145,746) $ 33,503 $ 43,262 $ 16,746 Preferred dividends and accretion 15,537 15,422 15,144 14,788 14,443 Net (loss) income to common stockholders $ (13,540) $ (161,168) $ 18,359 $ 28,474 $ 2,303 Other income, net (2,418) (752) (3,045) (3,721) (3,342) Gain on extinguishment of debt, net - - - (14,207) - Foreign currency (gain) loss, net (161) (16) 6 (1,343) (689) Preferred dividends and accretion 15,537 15,422 15,144 14,788 14,443 Interest expense 5,563 5,482 5,046 8,768 8,035 Income tax expense (benefit) 2,128 (7,074) 9,941 13,617 6,534 Depreciation expense 2,364 2,336 1,537 1,178 1,043 Amortization of intangibles 7,388 7,508 6,199 5,078 4,889 Amortization of developed technology and backlog 5,614 5,807 4,434 3,640 3,639 Equity-based compensation 3,941 4,228 4,647 3,898 2,798 Change in fair value of contingent consideration (2,586) (837) 1,014 150 (150) Goodwill impairment - 102,560 - - - Certain legal expenses(a) - - - 149 1,083 Acquisition-related expenses(b) 4,997 5,960 8,912 3,087 - Inventory valuation charge(c) - 29,516 - - - Other costs(d) - 2,267 - - - Adjusted EBITDA $ 28,827 $ 11,239 $ 72,194 $ 63,556 $ 40,586 Adjusted EBITDA margin 12.9% 5.0% 18.3% 17.5% 13.4% a) Represents certain legal fees and other related costs associated with (i) actions filed against the company and certain officers and directors alleging violations of the Securities Act of 1933 and the Securities Exchange Act of 1934, which litigation was dismissed with prejudice by the Court on May 19, 2023 and subsequently appealed. On March 24, 2026, the Second Circuit issued a summary order affirming the district court’s dismissal of such action with prejudice, and (ii) legal and success fees related to a regional tax dispute for a period prior to the acquisition of STI, and (iii) other litigation and legal matters. We consider these costs not representative of legal costs that we will incur from time to time in the ordinary course of our business. b) Represents acquisition-related expenses. c) Represents inventory valuation charge related to phase-out of STI H250TM inventory that is not SmartTrack® compatible. d) For the three months ended December 31, 2025, represents $1.2 million organization restructuring and $1.1 million resolution of STI legacy VAT matter. 1Q 26 E A R N N IN G S PR ES EN TA TI O NADJUSTED EBITDA RECONCILIATION

22 1Q 26 E A R N N IN G S PR ES EN TA TI O NADJUSTED NET INCOME RECONCILIATION Array Technologies, Inc. Three Months Ended (in thousands, except per share amounts) (Unaudited) March 31, 2026 December 31, 2025 March 31, 2025 Net income (loss) $ 1,997 $ (145,746) $ 16,746 Preferred dividends and accretion 15,537 15,422 14,443 Net (loss) income to common stockholders $ (13,540) $ (161,168) $ 2,303 Amortization of intangibles 7,388 7,508 4,889 Amortization of developed technology and backlog 5,614 5,807 3,639 Amortization of debt discount and issuance costs 876 880 1,393 Series A Preferred Stock accretion 7,868 7,707 7,241 Equity-based compensation 3,941 4,228 2,798 Change in fair value of contingent consideration (2,586) (837) (150) Goodwill impairment - 102,560 - Certain legal expenses (a) - - 1,083 Acquisition-related expenses(b) 5,061 6,024 - Inventory valuation charge(c) - 29,516 - Other costs(d) - 2,267 - Income tax expense of adjustments (e) (5,790) (5,811) (3,474) Adjusted net income (loss) $ 8,832 $ (1,319) $ 19,722 (Loss) Income per common share Basic $ (0.09) $ (1.06) $ 0.02 Diluted $ (0.09) $ (1.06) $ 0.02 Weighted average number of common shares outstanding Basic 152,956 152,752 152,076 Diluted 152,956 152,752 152,783 Adjusted net income (loss) per common share Basic $ 0.06 $ (0.01) $ 0.13 Diluted $ 0.06 $ (0.01) $ 0.13 Weighted average number of common shares outstanding Basic 152,956 152,752 152,076 Diluted 155,485 152,752 152,783 a) Represents certain legal fees and other related costs associated with (i) actions filed against the company and certain officers and directors alleging violations of the Securities Act of 1933 and the Securities Exchange Act of 1934, which litigation was dismissed with prejudice by the Court on May 19, 2023 and subsequently appealed. On March 24, 2026, the Second Circuit issued a summary order affirming the district court’s dismissal of such action with prejudice, and (ii) legal and success fees related to a regional tax dispute for a period prior to the acquisition of STI, and (iii) other litigation and legal matters. We consider these costs not representative of legal costs that we will incur from time to time in the ordinary course of our business. b) Represents acquisition-related expenses and fair value adjustments to Property, plant, and equipment. c) Represents inventory valuation charge related to phase-out of STI H250TM inventory that is not SmarTrack® compatible. d) For the three months ended December 31, 2025, represents $1.2 million organization restructuring and $1.1 million resolution of STI legacy VAT matter. e) Represents the estimated tax impact of all Adjusted Net Income add-backs, excluding those which represent permanent differences between book versus tax.

23 1Q 26 E A R N N IN G S PR ES EN TA TI O NFREE CASH FLOW RECONCILIATION Array Technologies, Inc. Three Months Ended (in thousands) (Unaudited) March 31, 2026 December 31, 2025 March 31, 2025 Net cash (used in) provided by operating activities $ (29,421) $ 43,640 $ (13,059) Purchase of property, plant and equipment (7,511) (7,476) (2,352) Free cash flow $ (36,932) $ 36,164 $ (15,411)

24 1Q 26 E A R N N IN G S PR ES EN TA TI O NLEVERAGE & LIQUIDITY Total available liquidity of ~�550M with Net Debt leverage of 2.7X LIQUIDITY ($ millions) As of March 31, 2026 Cash & Cash Equivalents $200.7 RCF $370.0 Less LC hold(3) ($27.9) Available Liquidity $542.8 (1) Trailing Twelve Months (TTM) Adj EBITDA of $176M as of March 31, 2026 (2) Represents outstanding principals of respective instruments (3) LC hold does not represent a balance sheet commitment and; therefore, is not considered part of net debt; however, LC hold in excess of $50 million will be reflected in covenant test. (4) Net Debt defined as Total Debt less Cash & Cash Equivalents LEVERAGE Corporate Ratings: B1 (Stable) / B+ (stable) ($ millions) As of March 31, 2026 Amount xEBITDA(1) Cash & Cash Equivalents $200.7 Revolving Credit Facility (RCF) ($370)(2) $0.0 Total Secured Debt $0.0 NA Net First Lien Leverage ($200.7) Convertible Notes due 2028(2) $325.0 Convertible Notes due 2031(2) $345.0 Other Debt $9.5 Total Debt $679.5 3.9X Net Debt(4) $478.8 2.7X

25 1Q 26 E A R N N IN G S PR ES EN TA TI O N THANK YOU investors@arraytechinc.com

Source: View Original Filing on SEC EDGAR

FAQ

How did Array Technologies (ARRY) perform financially in Q1 2026?

Array reported Q1 2026 revenue of $223.4 million with gross margin of 28.2%. The company posted a net loss to common shareholders of $13.5 million, or $(0.09) per share, but generated Adjusted EBITDA of $28.8 million and adjusted diluted EPS of $0.06.

What is Array Technologies’ orderbook as of March 31, 2026?

Array reported a record orderbook of $2.4 billion at March 31, 2026. Management highlighted that more than 95% of this backlog is domestic and roughly half is with Tier‑1 customers, with about 53% tied to newer products such as SkyLink, Hail XP and APA foundations.

What 2026 full-year guidance did Array Technologies (ARRY) reaffirm?

For 2026, Array reaffirmed expectations for revenue of $1.4–$1.5 billion, Adjusted EBITDA of $200–$230 million, and adjusted net income per common share of $0.65–$0.75. Guidance assumes adjusted gross margin of 26–27% and adjusted general and administrative expense around 12% of revenue.

What guidance did Array provide for Q2 2026 revenue?

Array expects second quarter 2026 revenue between $300 million and $320 million. This outlook reflects planned conversion of its growing orderbook and continued strength in the domestic tracker business, following Q1 2026 revenue of $223.4 million and approximately 2x quarterly book‑to‑bill performance.

How did Array Technologies’ non-GAAP results compare with GAAP in Q1 2026?

While GAAP net loss to common shareholders was $13.5 million, non‑GAAP metrics were stronger. Array reported Adjusted EBITDA of $28.8 million, a 12.9% adjusted EBITDA margin, and adjusted net income of $8.8 million, or $0.06 per diluted share, after adjustments like amortization and acquisition-related expenses.

What new products and initiatives did Array highlight in this 8-K?

Array introduced DuraTrack D2S™, a dual‑row tracker for international markets with passive wind stow and SmarTrack® compatibility. The company also emphasized momentum from products such as OmniTrack™, SkyLink and Hail XP, as well as progress integrating APA Solar, including a new APA headquarters and foundations center of excellence.

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Record $2.4B orderbook highlights Array (NASDAQ: ARRY) Q1 2026

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FAQ

How did Array Technologies (ARRY) perform financially in Q1 2026?

What is Array Technologies’ orderbook as of March 31, 2026?

What 2026 full-year guidance did Array Technologies (ARRY) reaffirm?

What guidance did Array provide for Q2 2026 revenue?

How did Array Technologies’ non-GAAP results compare with GAAP in Q1 2026?

What new products and initiatives did Array highlight in this 8-K?

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Record $2.4B orderbook highlights Array (NASDAQ: ARRY) Q1 2026

Rhea-AI Filing Summary

Positive

Negative

Insights

Renewable energy equity analyst neutral

8-K Event Classification

Key Figures

Key Terms

Earnings Snapshot

FAQ

How did Array Technologies (ARRY) perform financially in Q1 2026?

What is Array Technologies’ orderbook as of March 31, 2026?

What 2026 full-year guidance did Array Technologies (ARRY) reaffirm?

What guidance did Array provide for Q2 2026 revenue?

How did Array Technologies’ non-GAAP results compare with GAAP in Q1 2026?

What new products and initiatives did Array highlight in this 8-K?

Filing Exhibits & Attachments

Press Releases

Other Documents