ARRAY Technologies Reports Financial Results for the Second Quarter 2026
2026 Second Quarter Business Highlights * Record total executed contracts and awarded orders at June 30, 2026 of $2.5 billion, a 37% increase year-over-year * Over $500 million of new orders in the quarter and a trailing twelve-month book-to-bill of 1.5x * Surpassed 100 gigawatts of tracker products delivered worldwide, a significant milestone representing ARRAY’s successful leadership in the utility-scale solar industry * Formally launched DuraTrack D2S™ for international markets * Announced next-generation OmniTrack®, which accommodates an industry-leading 2° of slope change between adjacent posts 2026 Second Quarter Financial Highlights
(in millions, except per share) 2Q 2026 Revenue$ 342.1 Gross margin29.1 % Adjusted gross margin ((1))30.8 % Net income to common stockholders$ 8.4 Adjusted EBITDA ((1))$ 63.3 Net income per basic and diluted common share$ 0.05 Adjusted net income per diluted common share ((1))$ 0.24
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