Array Technologies, Inc.
ARRY Technology Solar
Array Technologies, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.3 billion, up 40.2% from fiscal 2024. In the quarter to June 2026, revenue fell 5.57%, EPS fell 73.7%, free cash flow grew 205.4% and total debt fell 5.20%, each against the same quarter a year earlier.
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Array Technologies, Inc. (ARRY) EV/Sales
As of 16 October 2026, Array Technologies, Inc. (ARRY) trades at a EV/Sales of 0.7×. Over the past ten years it has ranged from 0.7× (October 2026) to 7.5× (January 2021); the current reading is higher than 0% of that period. That is above the Solar industry median of 0.6× and below the Technology sector median of 2.7×.
EV/Sales, daily
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Annual newest first
| Period | EV/Sales | Change |
|---|---|---|
| FY2025 | 1.4× | 6.09% |
| FY2024 | 1.3× | (29.27%) |
| FY2023 | 1.9× | (10.64%) |
| FY2022 | 2.1× | (24.05%) |
| FY2021 | 2.8× | (56.09%) |
| FY2020 | 6.4× | 34.38% |
| FY2019 | 4.7× | 0.00% |
| FY2018 | 4.7× | — |
Quarterly newest first
| Period | EV/Sales | Change |
|---|---|---|
| Jun 2026 | 1.3× | (2.84%) |
| Mar 2026 | 1.3× | (8.54%) |
| Dec 2025 | 1.4× | 11.56% |
| Sep 2025 | 1.3× | 23.07% |
| 24 more quarters | Free account |
Against its own ten years
EV/Sales against peers
| Company | EV/Sales |
|---|---|
| DQ DAQO New Energy Corp. compare | −2.6× |
| TOYO TOYO Co., Ltd. compare | n/m |
| JKS JinkoSolar Holding Company Limited compare | 0.1× |
| SPWR CSLM Acquisition Corp. compare | 0.6× |
| ARRY Array Technologies, Inc. | 0.7× |
| SEDG SolarEdge Technologies, Inc. compare | 1.5× |
| SHLS Shoals Technologies Group, Inc. compare | 2.4× |
| ENPH Enphase Energy, Inc. compare | 3.2× |
| RUN Sunrun Inc. compare | 4.5× |
| Solar industry median | 0.6× |
| Technology sector median | 2.7× |
| Market median | 2.1× |
What EV/Sales is
EV/Sales tells an investor how the value of a whole company, counting its debt and cash, compares with the sales it brings in.
((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ Revenue (TTM)