Array Technologies, Inc.

Array Technologies, Inc. Earnings Recaps

ARRY Information Technology 1 recap
Q3 2025 Nov 6, 2025

Array Technologies reported a robust third quarter in 2025, achieving $393 million in revenue—a 70% year-over-year increase—thanks to strong volume growth and the successful APA acquisition.

Key takeaways
  • Revenue growth driven by a 56% increase in volume and a $17 million contribution from the APA acquisition.
  • Adjusted EBITDA reached $72 million, marking the second highest quarter on record.
  • Order book rose to $1.9 billion, with a book-to-bill ratio exceeding 1, indicating strong future demand.
  • New product offerings, including OmniTrack and Skylink, account for nearly 40% of the current order book.
  • Integration of APA is progressing well, with a unified sales strategy enhancing customer offerings.
Full recap