Array Technologies Inc - Company Profile
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Array Technologies Inc (Array) is an energy equipment company that offers solar systems and solutions. The company's activities include the design, engineering, and manufacturing of solar trackers that optimize the efficiency of solar power generation. The company manufactures and designs solar tracking systems. It also provides the DuraTrack HZ v3 solar tracker, Array STI H250 and Array OmniTrack. Array caters to developers, independent power producers, engineering, procurement and construction firms (EPCs), utilities, independent engineering firms, insurers and mechanical subcontractors. It operates in Albuquerque, Sao Paolo and Spain. Array is headquartered in Albuquerque, New Mexico, the US.
Headquarters
United States of America
Address
3901 Midway Place Ne, Albuquerque, New Mexico, 87109
Website
arraytechinc.com
Telephone
1 505 8817567
No of Employees
1,200
Industry
Clean Technology
Ticker Symbol & Exchange
ARRY (NASD)
Revenue (2024)
$1.3B
40.2%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
78.3%
(2024 vs 2023)
Market Cap*
$808.5M
Net Profit Margin (2024)
XYZ
84.5%
(2024 vs 2023)
* As of and is in US$
Array Technologies Inc premium industry data and analytics
Products and Services
| Products | Brands |
|---|---|
| DuraTrack | DuraTrack |
| STI H250 | Omni Track |
| Smart Track | SmarTrack |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Contracts/Agreements | In July, the company entered into an agreement to acquire Affordable Wire Management, LLC, a supplier of precision-engineered solar and BESS cable management systems. |
| 2026 | New Products/Services | In July, the company introduced ARRAY Atlas, a new suite of foundation-to-tracker solutions. |
| 2026 | New Products/Services | In June, the company introduced ARRAY DuraTrack D2S, an evolution of ARRAY’s product portfolio. |
Competitor Comparison
| Key Parameters | Array Technologies Inc | Nextpower Inc | GameChange Solar LLC | PV Hardware Solutions SLU | Solargenix Energy, LLC |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | Spain | United States of America |
| City | Albuquerque | Fremont | Norwalk | Cheste | Sanford |
| State/Province | New Mexico | California | Connecticut | Valencia | North Carolina |
| No. of Employees | 1,200 | 1,993 | - | - | - |
| Entity Type | Public | Public | Private | Private | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Brad Forth | Chairman | Executive Board | 2020 | 61 |
| Kevin Hostetler | Director; Chief Executive Officer | Executive Board | 2022 | 57 |
| H. Keith Jennings | Chief Financial Officer | Senior Management | 2025 | - |
| Neil Manning | Chief Operating Officer; President | Senior Management | 2023 | 55 |
| Gina Gunning | Chief Legal Officer | Senior Management | 2025 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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