Array Technologies, Inc. (ARRY)
Array Technologies, Inc. (ARRY) is a premier global provider of utility-scale solar tracking solutions and services, headquartered in Albuquerque, New Mexico. Led by CEO Kevin Hostetler, Array Technologies’ strategic mission is to "maximize the power and efficiency of solar energy through superior engineering and relentless innovation." The company holds a commanding industry position as one of the world’s largest manufacturers of ground-mounted solar tracking systems. Array Technologies’ vision is to facilitate the global transition to renewable energy by providing the most reliable and cost-effective structural solutions for large-scale solar projects. By late 2025, ARRY stock reached new heights as the company surpassed $1 billion in year-to-date revenue, driven by a 74% increase in volume. Its role as a critical enabler of the American solar supply chain has been solidified through its massive domestic manufacturing footprint and strategic acquisitions.
The business operations of Array Technologies are centered on its patented "DuraTrack" and "OmniTrack" tracker systems, which use a unique linked-row architecture to minimize motors and maintenance while maximizing energy yield. A primary growth driver in late 2025 was the successful acquisition of APA Solar, which expanded Array’s portfolio into foundations and fixed-tilt racking, allowing it to offer a fully integrated structural solution. In fiscal 2025, the company reported record-breaking third-quarter revenue of $393.5 million, with gross margins reaching 26.9%. The 2026 strategic roadmap focuses on "Foundation Integration," leveraging the APA acquisition to reduce installation costs for customers by up to 15%. Array currently manages a robust backlog of $1.9 billion in executed contracts and awarded orders. By utilizing its "Supply Chain Moat"—which includes extensive domestic content to qualify for IRA tax credits—Array Technologies maintains a significant competitive edge over international rivals. The company’s focus on the utility-scale segment, where project durations span decades, ensures a long-term revenue tailwind as global decarbonization goals accelerate.
The ARRY stock is listed on the NASDAQ Global Select Market under the ticker symbol ARRY. For investors monitoring the ARRY stock price, the company has become a favorite "Clean Energy Play" due to its explosive 70% year-over-year revenue growth in 2025. The Array Technologies stock has shown significant resilience despite fluctuating interest rates, primarily due to its ability to exceed earnings expectations, as seen in its 58% EPS surprise in Q3 2025. Analysts tracking the ARRY stock highlight the company’s increasing Adjusted EBITDA, which is guided to reach up to $195 million for the full year 2025. Investors interested in the ARRY stock price frequently look at "Total Executed Contracts" and "Domestic Content Percentages" as leading indicators of value. As the utility-scale solar market enters a multi-decade expansion phase, the ARRY stock price reflects the company’s status as a top-tier infrastructure provider for the green economy.