Albuquerque, New Mexico-based Array Technologies (NASDAQ:ARRY), a leading provider of solar tracking systems and related products for utility-scale and distributed generation solar projects, reported fourth-quarter and full-year 2025 financial results on February 20, 2026, alongside 2026 guidance reflecting its streamlined focus on core solar operations following major spectrum asset sales.
For the full year 2025, Array reported revenue of $163 million, net income attributable to shareholders of $169.7 million, and diluted earnings per share of $1.94.
The outsized profitability was driven primarily by substantial one-time gains from the divestiture of non-core wireless operations and spectrum holdings, which generated significant cash proceeds used to fund special dividends to shareholders.
In the fourth quarter of 2025, revenue totaled $60.3 million, with diluted EPS of $0.48, reflecting continued execution in the solar tracker market amid variable project timing and competitive dynamics in the renewable energy sector.
Array also successfully closed the sale of its wireless operations and spectrum assets to T-Mobile during 2025.