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How Array Technologies (ARRY) makes money
Array Technologies (ARRY) made $330M of revenue in the third quarter 2026 (Q3 2026), -16% from a year earlier. Of every dollar of revenue, 21¢ was left as gross profit, 4¢ was left as operating profit, 2¢ was left as net earnings.
Drawing the Sankey…
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $330M | 100.0% |
| Cost of revenue | $261M | 79.0% |
| Gross profit | $69.2M | 21.0% |
| Operating expenses | $55.3M | 16.7% |
| Operating profit | $13.9M | 4.2% |
| Income tax | $1.7M | 0.5% |
| Net earnings | $8.2M | 2.5% |
| Operating cash flow | $4.6M | 1.4% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $330M | -16% |
| Q2 2026 | $342M | -6% |
| Q1 2026 | $223M | -26% |
| Q4 2025 | $226M | -18% |
| Q3 2025 | $393M | +70% |
| Q2 2025 | $362M | +42% |
| Q1 2025 | $302M | +97% |
From Array Technologies' 8-K filed Nov 4, 2026 (on EDGAR).
Questions
How does Array Technologies make money?
Array Technologies (ARRY) made $330M of revenue in the third quarter 2026 (Q3 2026), -16% from a year earlier. Of every dollar of revenue, 21¢ was left as gross profit, 4¢ was left as operating profit, 2¢ was left as net earnings.
What is Array Technologies' profit margin?
Net earnings were $8.2M, 2.5% of revenue, in the third quarter 2026; the operating margin was 4.2%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.