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Array Technologies (ARRY) Q3 2026 earnings results (third quarter 2026)

8-K filed Nov 4, 2026

Array Technologies (ARRY) reported revenue of $330M for the third quarter 2026 (Q3 2026), -16% from a year earlier and -3% from the quarter before. Operating margin was 4.2%, net earnings $8.2M (2.5% of revenue).

Revenue$330M
Year over year-16%
Quarter over quarter-3%
Operating margin4.2%
Net earnings$8.2M

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 follows the revenue to costs, profit and cash.

Q3 2026AmountQ/QY/Y
Revenue$330M-3%-16%
Gross profit$69.2M-31%-34%
Operating profit$13.9M-60%-69%
Net earnings$8.2M-66%-76%
Operating cash flow$4.6M-96%-83%

What changed

Revenue was $330.2M in Q3 2026, down 16% year over year and down 3% from the previous quarter.

Gross margin was 21.0%, down 5.9 points from Q3 2025. Operating profit was $13.9M, a 4.2% margin (down 7.3 points year over year). Operating expenses fell 8% while revenue fell 16%. Net earnings were $8.2M, down 76% year over year. The effective tax rate was 16.8%.

Operating cash flow was $4.6M (down 83% year over year), 56% of net earnings. Non-cash charges added back $9.3M of depreciation and amortization and $2.5M of share-based compensation. Working capital and other items used $15.4M. Capital expenditures of $5.7M exceeded it, leaving free cash flow of −$1.1M.

Questions

What was Array Technologies' revenue in the third quarter 2026?

Array Technologies (ARRY) reported revenue of $330M for the third quarter 2026 (Q3 2026), -16% from a year earlier and -3% from the quarter before.

Was Array Technologies profitable in the third quarter 2026?

Operating profit was $13.9M (4.2% of revenue) and net earnings $8.2M.

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Source: Array Technologies 8-K on SEC EDGAR.