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Filing Flows › Array Technologies (ARRY) › Q3 2026 › vs Q2 2026

Array Technologies (ARRY) Q3 2026 vs Q2 2026 (quarter over quarter)

Array Technologies's revenue fell $11.9M (-3%) from $342M in Q2 2026 to $330M in Q3 2026. Gross margin 21.0% against 29.1% (-8.2 pts).

Array Technologies, Q3 2026: revenue $330M (-16% year over year), operating margin 4.2%, net earnings $8.2M, operating cash flow $4.6M. The chart draws each line against Q2 2026, the increases inside each band.

Array Technologies: what changed, Q3 2026 vs Q2 2026Array Technologies: what changed, Q3 2026 vs Q2 2026Operating cash flow−$117MNegative free cash flow (OCF …$115MWorking capital & other$99.7MGross profit−$30.4MPre-tax earnings−$21.9MOperating profit−$20.8MCost of revenue$18.5MOperating cash sources−$17.0MNet earnings−$16.1MOperating expenses−$9.6M

Margins

Q3 2026Q2 2026Change
Gross margin21.0%29.1%-8.2 pts
Operating margin4.2%10.2%-5.9 pts
Net margin2.5%7.1%-4.6 pts

Every line

LineQ3 2026Q2 2026Change%
Revenue$330M$342M−$11.9M-3%
Gross profit$69.2M$99.6M−$30.4M-31%
Cost of revenue$261M$242M$18.5M+8%
Operating profit$13.9M$34.8M−$20.8M-60%
Operating expenses$55.3M$64.8M−$9.6M-15%
Pre-tax earnings$9.8M$31.7M−$21.9M-69%
Other expense, net$4.1M$3.0M$1.1M+35%
Net earnings$8.2M$24.3M−$16.1M-66%
Income tax$1.7M$7.4M−$5.7M-78%
Operating cash sources$20.0M$37.0M−$17.0M-46%
Depreciation & amortization$9.3M$8.1M$1.2M+15%
Share-based compensation$2.5M$4.6M−$2.1M-46%
Working capital & other$15.4M−$84.3M$99.7M—
Operating cash flow$4.6M$121M−$117M-96%
Capital expenditures$5.7M$7.6M−$1.9M-25%
Negative free cash flow (OCF − capex)$1.1M−$114M$115M—

Questions

How much did Array Technologies's revenue grow quarter over quarter in Q3 2026?

Array Technologies's revenue fell $11.9M (-3%) from $342M in Q2 2026 to $330M in Q3 2026. Gross margin 21.0% against 29.1% (-8.2 pts).

Q3 2026 results → · Compare in the interactive Sankey →