Filing Flows › Array Technologies (ARRY) › Q2 2026
Array Technologies (ARRY) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 5, 2026
Array Technologies (ARRY) reported revenue of $342M for the second quarter 2026 (Q2 2026), -6% from a year earlier and +53% from the quarter before. Operating margin was 10.2%, net earnings $24.3M (7.1% of revenue).
Array Technologies, Q2 2026: revenue $342M (-6% year over year), operating margin 10.2%, net earnings $24.3M, operating cash flow $121M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $342M | +53% | -6% |
| Gross profit | $99.6M | +58% | +3% |
| Operating profit | $34.8M | +389% | -25% |
| Net earnings | $24.3M | 12× | -44% |
| Operating cash flow | $121M | — | +177% |
| Free cash flow | $114M | — | +205% |
What changed
Revenue was $342.1M in Q2 2026, down 6% year over year and up 53% from the previous quarter. Array Legacy Operations was the largest line at 94% of revenue. STI Operations lost $48.6M year over year (down 69%), 241% of the total change.
Gross margin was 29.1%, up 2.3 points from Q2 2025. Operating profit was $34.8M, a 10.2% margin (down 2.6 points year over year). Operating expenses grew 28% against a revenue fall of 6%. The fastest-growing cost line was Research & development (+100%). Net earnings were $24.3M, down 44% year over year. The effective tax rate was 23.3%.
Operating cash flow was $121.3M (up 177% year over year), 498% of net earnings. Non-cash charges added back $8.1M of depreciation and amortization and $4.6M of share-based compensation. Working capital and other items added $84.3M. After purchase of property, plant and equipment ($7.6M), free cash flow as the company reports it was $113.6M.
Questions
What was Array Technologies' revenue in the second quarter 2026?
Array Technologies (ARRY) reported revenue of $342M for the second quarter 2026 (Q2 2026), -6% from a year earlier and +53% from the quarter before.
Was Array Technologies profitable in the second quarter 2026?
Operating profit was $34.8M (10.2% of revenue) and net earnings $24.3M.
Source: Array Technologies 10-Q on SEC EDGAR.