Array Technologies reported second quarter revenue of $342.1 million, beating analyst estimates of $313.8 million. The company posted a GAAP EPS of $0.05, below the $0.07 consensus, but delivered an adjusted EPS of $0.24. Management highlighted a record orderbook and raised the low end of its full-year 2026 guidance for Adjusted EBITDA and Adjusted EPS.

Key Highlights

  • Announced a record orderbook of $2.5 billion as of June 30, 2026, a 37% increase year-over-year.
  • Second quarter revenue was $342.1 million, with an adjusted gross margin of 30.8% and Adjusted EBITDA of $63.3 million.
  • Raised full-year 2026 outlook, with Adjusted EBITDA now expected between $210 million and $230 million and Adjusted EPS between $0.68 and $0.75.