Guidance kept full-year revenue at $1.4 billion-$1.5 billion, while adjusted EBITDA (non-GAAP) increased to $210 million-$230 million and adjusted gross margin (non-GAAP) was set at 27%-28%.
Management highlighted surpassing 100 gigawatts of cumulative tracker deliveries, launching DuraTrack D2S internationally and next-generation OmniTrack, and pursuing the AWM acquisition.
Second-quarter results and backlog
Array Technologies posted 2Q 2026 revenue of $342.1 million, with net income to common stockholders of $8.4 million, or $0.05 a share.
Gross margin came in at 29.1%; adjusted gross margin (non-GAAP) was 30.8%, with adjusted EBITDA (non-GAAP) of $63.3 million.
Executed contracts and awarded orders rose 37% year over year to a record $2.5 billion at June 30, with more than $500 million of new orders.
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