Array Technologies, Inc. filings document operating results, governance matters and financing arrangements for a Nasdaq-listed manufacturer of solar tracking and fixed-tilt systems for solar PV projects. Form 8-K reports furnish earnings releases, investor presentations and material-event disclosures, including credit agreement amendments and debt obligations.
Proxy materials describe annual meeting proposals, director elections, auditor ratification, executive compensation votes and charter governance matters such as board declassification. Capital-structure disclosures cover common stock registered under the Exchange Act, convertible senior notes, revolving credit facilities, subsidiaries involved in credit agreements and related shareholder voting matters.
Array Technologies, Inc. Chief Human Resources Officer Terrance L. Collins reported equity compensation and related tax withholding. On March 12, 2026, restricted stock units covering 8,628 shares of common stock vested and were converted into the same number of common shares.
On the same date, Collins received a new grant of 41,299 restricted stock units under the company’s 2020 Long-Term Incentive Plan, which will vest in three equal annual installments beginning on the first anniversary of the grant. To cover tax withholding on the vesting, 2,818 shares of common stock were withheld by the company at a price of $6.80 per share.
After these transactions, Collins directly holds 44,235 shares of common stock. Footnote disclosure states this does not include 116,932 unvested restricted stock units from earlier grants or 8,628 unvested restricted stock units referenced in the current award activity.
Array Technologies, Inc. files its annual report outlining a global business focused on utility-scale solar tracking, fixed-tilt systems, software and foundation solutions that help optimize energy production for large solar projects.
The company highlights the $185.4 million APA Acquisition, adding racking, mounting and advanced foundation systems that broaden its product portfolio and soil coverage. It reports approximately 1,200 employees worldwide and a manufacturing footprint in the U.S., Spain and Brazil. The report emphasizes heavy exposure to policy and tax regimes such as the ITC, PTC and section 45X credits, as well as significant risks from tariffs, trade actions, interest rates, supply-chain disruptions, customer concentration and challenges integrating APA and implementing internal controls.
Array Technologies reported fourth-quarter and full-year 2025 results showing strong growth but GAAP losses driven by special charges. Full-year revenue reached $1.28 billion, up 40% from 2024, with Adjusted EBITDA of $187.6 million and Adjusted diluted EPS of $0.67.
The company ended 2025 with a record $2.2 billion orderbook, including about $100 million from the APA Solar acquisition, and noted 35% volume growth. GAAP net loss to common shareholders was $112.0 million, reflecting a $29.5 million inventory valuation charge and a $102.6 million non‑cash goodwill impairment. For 2026, Array guides revenue to $1.4–$1.5 billion, Adjusted EBITDA to $200–$230 million, and Adjusted EPS to $0.65–$0.75.
Array Technologies amended its main credit facility to increase size and extend maturity. The revolving credit commitments rose from $166 million to $370 million, and the maturity was pushed from October 14, 2028 to February 18, 2031, giving the company a longer runway.
The facility now allows up to $250 million in letters of credit and expands available currencies for borrowings and letters of credit. Management highlights that the larger, longer-dated facility is intended to support liquidity, working capital needs, operational execution, and global growth initiatives.
Array Technologies, Inc. President & COO Neil Manning reported the vesting and settlement of 3,749 restricted stock units into the same number of common shares under the company’s 2020 Long-Term Incentive Plan. These RSUs come from an 11,246-unit grant dated February 15, 2023, vesting in three equal annual installments.
To cover tax withholding obligations tied to this vesting, 1,206 common shares were withheld at a price of $11.29 per share, based on the closing price on February 17, 2026, the next business day after vesting. After these transactions, Manning directly holds 29,832 common shares and also holds 141,545 unvested restricted stock units from separate grants.
BNP Paribas Asset Management Holding S.A., a French parent holding company, reported beneficial ownership of 7,932,009 shares of Array Technologies, Inc. common stock, representing 5.2% of the class as of 12/31/2025.
The firm has sole voting power over 7,906,547 shares and sole dispositive power over 7,932,009 shares, with no shared voting or dispositive power. The position is held through subsidiaries, including AXA Investment Managers UK Limited, BNP Paribas Asset Management Europe and BNP Paribas Asset Management UK Limited, and is certified as acquired and held in the ordinary course of business, not to influence control of Array Technologies.
Morgan Stanley filed an amended beneficial ownership report for Array Technologies, Inc., stating that it beneficially owns 6,390,690 shares of Array common stock, representing 4.2% of the class as of December 31, 2025. Morgan Stanley reports shared voting power over 6,328,871 shares and shared dispositive power over 6,390,690 shares, with no sole voting or dispositive power. The firm notes it has ceased to be the beneficial owner of more than five percent of Array’s common stock and indicates that the securities were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of the company.
BlackRock, Inc. has filed Amendment No. 7 to a Schedule 13G reporting a passive ownership stake in Array Technologies, Inc. common stock. BlackRock reports beneficial ownership of 16,575,687 shares, representing 10.9% of the outstanding common stock.
BlackRock reports sole voting power over 16,344,076 shares and sole dispositive power over 16,575,687 shares, with no shared voting or dispositive power. The filing states the securities are held in the ordinary course of business, not for the purpose of changing or influencing control, and that various underlying clients have economic interests, with no single client holding more than 5% of the class.
Array Technologies, Inc. reported that Chief Legal Officer Gina K. Gunning had restricted stock units vest and convert into common shares. On January 30, 2026, 13,386 restricted stock units were settled into the same number of common shares at an exercise price of $0.
To cover tax withholding on this vesting, the company withheld 4,729 common shares at a price of $11.325 per share, leaving Gunning with 8,657 common shares directly owned after the transactions. She also continues to hold 26,774 restricted stock units, from an original grant of 40,160 units made on January 30, 2025 that vests in three equal annual installments.
Array Technologies (ARRY) filed its Q3 2025 10‑Q, reporting stronger results. Revenue for the quarter was $393.5 million and net income was $33.5 million, or $0.12 per diluted share. Gross profit reached $105.7 million and operating income was $45.5 million, compared with a year-ago operating loss driven by a $162.0 million goodwill impairment.
For the nine months ended September 30, 2025, revenue was $1,058.1 million with net income of $93.5 million. The company closed the APA Solar acquisition with $166.1 million cash consideration; purchase consideration approximates $186.1 million and preliminary goodwill is $72.9 million.
Array issued $345.0 million of 2.875% Convertible Senior Notes due 2031, repaid the $233.9 million term loan, and repurchased $100.0 million of 2028 notes using $78.4 million, recording a $14.2 million gain on extinguishment of debts, net, year-to-date. Cash and cash equivalents were $221.5 million versus $363.0 million at December 31, 2024. As of November 3, 2025, common shares outstanding were 152,747,767.