What is the 13F Pro Quality Score for ARRY?

13F Pro ranks Array Technologies, Inc. (ARRY) on the 13F Pro Quality Score, a 0–100 composite of 32 fundamental signals including return on invested capital, free cash flow consistency, balance-sheet strength, earnings quality, growth durability, and valuation discipline. The score refreshes after each 10-K and 10-Q filing on SEC EDGAR. View ARRY's current score at https://13fpro.ai/company/ARRY (free sign-up required for the full ranking).

Which hedge funds own the most ARRY stock?

Based on the most recent Form 13F-HR filings on SEC EDGAR, the largest reported institutional holders of ARRY include BlackRock,, UBS Group AG, Hill City Capital,. Holdings are reported quarterly within 45 days of quarter-end and updated on https://13fpro.ai/company/ARRY as soon as new 13F filings post.

Where does 13F Pro source ARRY data?

All Array Technologies, Inc. fundamentals and ownership data come directly from SEC EDGAR. Array Technologies, Inc. files with the SEC under CIK 1820721. 13F Pro ingests XBRL financial facts from 10-K and 10-Q filings, Form 13F-HR institutional holdings, and Form 4 insider transactions, with no third-party rewrites or estimates.

What sector is ARRY in?

Array Technologies, Inc. (ARRY) is classified in the Consumer Discretionary sector. 13F Pro publishes sector-level fund flow analysis and quality leaders at https://13fpro.ai/research/sector/consumer-discretionary.

What drives ARRY's revenue?

Per Array Technologies, Inc.'s latest 10-Q filed with the SEC on 2026-08-05, the biggest revenue drivers are: Array Legacy Operations ($537.7M, +6% YoY); STI Operations ($27.8M, -83% YoY). Figures are extracted from the filing text and machine-verified against the document. Full breakdown at https://13fpro.ai/company/ARRY.

What are ARRY's largest expenses?

Array Technologies, Inc.'s latest 10-Q reports these as the largest expense items: General and administrative ($104.7M, +18% YoY); Cost of product and service revenue ($391.6M, -19% YoY); Depreciation and amortization ($16.2M, +47% YoY). Sourced directly from SEC EDGAR filing text for Q2 FY2026 (six months ended June 30, 2026).

How often is ARRY research updated on 13F Pro?

ARRY's fundamentals refresh within hours of each new 10-K or 10-Q filing on SEC EDGAR. Institutional ownership updates after each quarterly 13F filing window. Insider transactions update after each Form 4 filing. The 13F Pro Quality Score recalculates after every fundamentals refresh.

Array Technologies, Inc.(ARRY)Stock Analysis

AI analysis on 2,800+ stocks →Deep AI analysis on 2,800+ stocks →

Consumer Discretionary →Nasdaqsmall

Institutional-grade research for retail investors

SEC EDGAR: CIK 1820721 ARRY stock profile & AI dashboard →

13F Pro Quality Score

40.2/100

Rank #2,116 of 2,961 stocks

View Consumer Discretionary peers →

Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Nov 14, 2026.

Revenue Growth

16.2/100

Profitability

30.2/100

Balance Sheet

22.1/100

Earnings Quality

62.1/100

Free Cash Flow

58.5/100

Institutional Flow

33.1/100

Revenue Scale

53.2/100

Dilution Risk

51.8/100

Email me the moment this company reports earnings

AI Research Report

Two-page plain-English analysis: business, thesis, and three scenarios for the next two years. Refreshed every quarter.

Upgrade to Pro

Pro: 5 reports/month · Pro+: unlimitedOpinion, not investment advice. Do your own research.

Why ARRY Scores 40/100

exact factor attribution · 2026-09-11

ARRY's composite is driven by free cash flow and earnings quality, held back by revenue growth and profitability. Bars show each factor's exact push vs. a median company, using the same weights the ranking engine applies.

Free cash flow

+1.3 pts

59th pct

Earnings quality

+1.2 pts

62th pct

Earnings growth

+0.5 pts

60th pct

Scale

+0.5 pts

53th pct

Shareholder dilution

+0.1 pts

52th pct

Institutional flow

-0.8 pts

33th pct

Capital efficiency

-2.8 pts

22th pct

Profitability

-3.0 pts

30th pct

Revenue growth

-6.8 pts

16th pct

Latest change (2026-08-06): 50 → 57 · ↑ Revenue growth 21→39; ↑ Earnings growth 26→70

Factor percentiles are cross-sectional ranks across the ~2,800-stock scored universe, computed from SEC EDGAR filings. Not investment advice.

ARRY Stock Analysis & AI Quality Score

Data updated 2026-09-11

AI stock analysis and institutional research for Array Technologies, Inc. (ARRY), a Consumer Discretionary sector company. 13F Pro's AI-powered ranking engine scores ARRY at 40.2/100 on a 32-signal composite quality model, placing it at rank #2,116 of 2,961 stocks — the bottom half of the AI-ranked universe. Areas of concern include revenue growth (16.2) and balance sheet strength (22.1), which score below median versus the broader universe. Based on the latest XBRL financial filings (Q2 2026), Array Technologies, Inc. reports quarterly revenue of $342.1M, net income of $24.3M, free cash flow of $113.6M. Top institutional holders of ARRY by reported 13-F value include BlackRock, UBS Group AG, Hill City Capital, based on the most recent SEC filings. ARRY trades on the Nasdaq exchange and files with the SEC under CIK 1820721. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate ARRY daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for Array Technologies, Inc. directly from SEC EDGAR. Array Technologies, Inc.'s 13F Pro composite quality score has ranged between 25 and 72 since 2021, currently 40.2 — a declining long-term trajectory across 67 quarterly and live scoring snapshots.

✦

Fun facts about Array Technologies, Inc.

Quirks, history, and lore behind ARRY — the kind of stuff that makes a stock memorable.

1
The Basics
U.S. industrial technology company · mid-cap · listed on Nasdaq · headquartered in New Mexico.
2
The Numbers
Revenue has swung dramatically — peaking around $1.6 billion in a boom year before sliding sharply as project backlogs and pricing pressures hit hard.
3
The History
Founded in the 2000s, it rode the explosive growth of utility-scale solar to become one of the largest players in its niche in North America.
4
The Secret
It doesn't make solar panels — it makes the mechanical systems that move them, tracking the sun across the sky to squeeze every last watt out of each module.
5
The Lore
Its single-axis tracker systems are deployed across millions of acres of desert and farmland, and the company went public via IPO in 2020 right as the clean-energy boom was peaking.
6
The Giveaway
If a giant solar farm looks like it's slowly turning its face toward the sun all day long, there's a good chance this Albuquerque-based tracker maker built the hardware doing the turning.

▶ Think you know your stocks? Play the Daily Ticker

What's Driving ARRY's Business? Latest 10-Q Breakdown

AI-extracted from Array Technologies, Inc.'s 10-Q filed 2026-08-05 — Q2 FY2026 (six months ended June 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.

Revenue declined 15% YoY to $565.5M driven by 83% drop in STI Operations, while Array Legacy Operations grew 6% and gross margin improved to 28.8% despite volume headwinds.

Biggest Revenue Drivers

Array Legacy Operations$537.7M+6% YoY

Increased 15% in average selling prices, partially offset by 7% reduction in volume; includes APA contributions since August 2025 acquisition.

STI Operations$27.8M-83% YoY

Volume decreased approximately 82% and average selling prices declined 4%.

Biggest Revenue Drivers

Total revenue: $565.5M-15% YoY

Array Legacy Operations$537.7M+6% YoY

Increased 15% in average selling prices, partially offset by 7% reduction in volume; includes APA contributions since August 2025 acquisition.

STI Operations$27.8M-83% YoY

Volume decreased approximately 82% and average selling prices declined 4%.

Largest Expense Items

General and administrative$104.7M+18% YoY

Increase of $16.9M from personnel-related expenses and $2.8M service-related expenses.

Cost of product and service revenue$391.6M-19% YoY

Decreased in line with lower volume; includes cost reductions from productivity initiatives.

Depreciation and amortization$16.2M+47% YoY

Increase primarily from $4.7M of incremental depreciation and amortization contributed by APA acquisition.

Margins: Consolidated gross margin improved to 28.8% for six months ended June 30, 2026 from 26.1% in prior year, driven by Array Legacy Operations' 30.5% margin reflecting higher average selling prices despite higher cost per watt. STI Operations margin declined significantly to (4.1)% from 15.0% due to volume collapse and cost pressures.

Watch Items from the Filing

STI Operations revenue collapsed 83% YoY to $27.8M (6% of total), with gross margin turning negative at (4.1)%. Volume down 82% and pricing down 4%, indicating severe operational challenges in international segment.
Proposed AWM acquisition ($153M base price plus $50M earn-out and deferred payments) pending regulatory approval, expected Q3 2026 close; adds wire management product line to portfolio.
OBBB legislation eliminating solar ITC after December 31, 2027 (unless construction begins by July 4, 2026) and new foreign entity limitations on credits could materially impact customer demand and project timing.
Remaining performance obligations of $413.7M as of June 30, 2026, with 99% expected to be recognized within next 12 months, indicating strong near-term revenue visibility.

AI-extracted and verified against SEC EDGAR filing text. Not investment advice.

Read the full 10-Q on SEC EDGAR →Share on X

Revenue

Q2 2026

$342.1M

Net Income

Q2 2026

$24.3M

Free Cash Flow

Q2 2026

$113.6M

ROIC

Q2 2026

30.5%

Period

Revenue & Net Income

Earnings Per Share

Key Financials Over Time

Export Financial Table · Pro

Revenue

+40.2% YoY

$1.28BFY 2025

FY22 $1.64BFY23 $1.58BFY24 $915.8MFY25 $1.28B

Net Income

+78.3% YoY

$-52.2MFY 2025

FY22 $4.4MFY23 $137.2MFY24 $-240.4MFY25 $-52.2M

Operating Income

+87.2% YoY

$-29.0MFY 2025

FY22 $-18.1MFY23 $214.1MFY24 $-227.0MFY25 $-29.0M

EPS (Diluted)

+62.6% YoY

$-0.73FY 2025

FY22 $-0.29FY23 $0.56FY24 $-1.95FY25 $-0.73

Total Assets

+1.8% YoY

$1.45BFY 2025

FY22 $1.71BFY23 $1.71BFY24 $1.43BFY25 $1.45B

Total Debt

-1.2% YoY

$669.0MFY 2025

FY22 $797.7MFY23 $682.4MFY24 $677.3MFY25 $669.0M

Op. Cash Flow

-33.9% YoY

$101.8MFY 2025

FY22 $141.5MFY23 $232.0MFY24 $154.0MFY25 $101.8M

Free Cash Flow

-45.6% YoY

$79.8MFY 2025

FY22 $130.9MFY23 $215.0MFY24 $146.7MFY25 $79.8M

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Revenue	$1.28B +40.2%	$915.8M -41.9%	$1.58B -3.7%	$1.64B +91.9%	$853.3M -2.2%	$872.7M
Net Income	$-52.2M +78.3%	$-240.4M -275.2%	$137.2M +2996.6%	$4.4M +108.8%	$-50.4M -185.3%	$59.1M
Operating Income	$-29.0M +87.2%	$-227.0M -206.0%	$214.1M +1280.9%	$-18.1M +26.7%	$-24.7M -126.0%	$95.2M
EPS (Diluted)	$-0.73 +62.6%	$-1.95 -448.2%	$0.56 +293.1%	$-0.29 +43.1%	$-0.51 -204.1%	$0.49
Total Assets	$1.45B +1.8%	$1.43B -16.4%	$1.71B +0.0%	$1.71B +49.3%	$1.14B +74.2%	$656.0M
Total Debt	$669.0M -1.2%	$677.3M -0.8%	$682.4M -14.5%	$797.7M +11.5%	$715.4M +65.4%	$432.6M
Operating Cash Flow	$101.8M -33.9%	$154.0M -33.6%	$232.0M +63.9%	$141.5M +153.8%	$-263.2M -115.4%	$-122.2M
Free Cash Flow	$79.8M -45.6%	$146.7M -31.8%	$215.0M +64.3%	$130.9M +149.1%	$-266.5M -115.7%	$-123.5M

Get alerted when ARRY's score changes

Free account: watchlist tracking, the daily AI brief, and the AI screener.

Passwordless sign-in · Payments by Stripe · Auth by Clerk

Available Research

13F Pro tracks comprehensive data for Array Technologies, Inc. including:

SEC EDGAR filings (10-K, 10-Q, 8-K)

XBRL financial facts (revenue, EPS, margins)

Insider transactions (Form 4)

Institutional 13F holdings

Quality rankings (32 signals)

AI analyst debates & daily meetings

Historical financial trends

Peer comparison & sector analysis

Top Institutional Holders of ARRY

BlackRock, Inc.
$216.8M29,253,142 sh
UBS Group AG
$192.5M25,977,000 sh
Hill City Capital, LP
$95.5M12,891,300 sh
Grantham, Mayo, Van Otterloo & Co. LLC
$88.1M11,890,976 sh
UBS Group AG
$85.0M11,472,621 sh
LINDEN ADVISORS LP
$82.6M66,250,000 sh
FIRST TRUST ADVISORS LP
$76.6M10,341,255 sh
BNP Paribas Asset Management Holding S.A.
$70.9M9,572,330 sh
PRICE T ROWE ASSOCIATES INC /MD/
$64.0M8,642,626 sh
Context Capital Management, LLC
$60.2M64,704,000 sh

Fund	Value	Shares
BlackRock, Inc.	$216.8M	29,253,142
UBS Group AG	$192.5M	25,977,000
Hill City Capital, LP	$95.5M	12,891,300
Grantham, Mayo, Van Otterloo & Co. LLC	$88.1M	11,890,976
UBS Group AG	$85.0M	11,472,621
LINDEN ADVISORS LP	$82.6M	66,250,000
FIRST TRUST ADVISORS LP	$76.6M	10,341,255
BNP Paribas Asset Management Holding S.A.	$70.9M	9,572,330
PRICE T ROWE ASSOCIATES INC /MD/	$64.0M	8,642,626
Context Capital Management, LLC	$60.2M	64,704,000

Companies Similar to ARRY

Ranked by quality-profile closeness and shared hedge-fund ownership — not just sector membership.

REAL

TheRealReal, Inc.

AI score

Similar quality profile · 5 shared holders

JUPITER ASSET MANAGEMENT LTD Interval Partners, LP Round Rock Advisors, LLC

PENN

PENN Entertainment, Inc.

AI score

Similar quality profile · 8 shared holders

Grantham, Mayo, Van Otterloo & Co. LLC JUPITER ASSET MANAGEMENT LTD Edgestream Partners, L.P.

SVV

Savers Value Village, Inc.

AI score

Similar quality profile · 2 shared holders

PRIMECAP MANAGEMENT CO/CA/Blueshift Asset Management, LLC

FWRG

First Watch Restaurant Group, Inc.

AI score

Similar quality profile · 3 shared holders

KENNEDY CAPITAL MANAGEMENT LLC Blueshift Asset Management, LLC Freestone Grove Partners LP

RXO

RXO, Inc.

AI score

Similar quality profile · 6 shared holders

Swedbank AB KENNEDY CAPITAL MANAGEMENT LLC PRIMECAP MANAGEMENT CO/CA/

AI score

Similar quality profile · 5 shared holders

AGF MANAGEMENT LTD Edgestream Partners, L.P.CenterBook Partners LP

CPNG

Coupang, Inc.

AI score

Similar quality profile · 2 shared holders

SORA INVESTORS LLC Holocene Advisors, LP

Wayfair Inc.

AI score

Similar quality profile · 7 shared holders

LINDEN ADVISORS LP K2 PRINCIPAL FUND, L.P.ADVENT CAPITAL MANAGEMENT /DE/

Similarity is computed from the 8 composite sub-scores and latest-quarter 13F conviction holdings (index-style filers excluded). Refreshed monthly.

More Consumer Discretionary Companies

View all Consumer Discretionary →

AACG

ATA Creativity Global

AAP

ADVANCE AUTO PARTS INC

ABG

ASBURY AUTOMOTIVE GROUP INC

ABLV

Able View Global Inc.

ADIG

ADI GLOBAL DISTRIBUTION INC.

AENT

ALLIANCE ENTERTAINMENT HOLDING CORP

AEO

AMERICAN EAGLE OUTFITTERS INC

AFYA

Afya Ltd

Put ARRY on your watchlist

Track score changes the day Array Technologies, Inc. files with the SEC, follow the hedge funds that own it, screen 2,800+ AI-scored stocks, and get the daily brief — free.

View Pricing

Free tier includes 13F data, economic indicators, and market overview. Pro starts at $6.67/mo (billed annually).

Passwordless sign-in · Payments by Stripe · Auth by Clerk

Popular Research

AAPL

Apple

MSFT

Microsoft

NVDA

NVIDIA

GOOG

Alphabet

AMZN

Amazon

Is ARRY a good stock to buy?

13F Pro's AI-powered analysis of Array Technologies, Inc. (ARRY) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Consumer Discretionary sector (listed on Nasdaq). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for ARRY are available on the ARRY stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing. ARRY is classified as a small company.

Which hedge funds own ARRY?

Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling ARRY. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of Array Technologies, Inc.'s investment landscape.