Array Technologies Inc. has reported its financial results for the second quarter of 2025, showing significant growth and strategic advancements. The company achieved a revenue of $362.2 million, marking a robust year-to-date volume growth of 84% over the previous year, 2024. The gross margin stood at 26.8%, with an adjusted gross margin of 27.8%. Net income attributable to common shareholders was reported at $28.5 million, resulting in a net income per basic and diluted share of $0.19, and an adjusted net income per diluted share of $0.25. The company's total executed contracts and awarded orders as of June 30, 2025, exceeded $1.8 billion. This includes strategic descoping and reconfiguring of low-margin projects associated with legacy fixed-price volume commitment agreements. Array Technologies also announced several transformative business updates, including a definitive agreement to acquire APA Solar and the launch of Hail XP™, as well as the issuance of new convertible notes and the repayment of a higher-cost term loan. For the full year 2025, Array Technologies has provided guidance for revenue to be in the range of $1.180 billion to $1.215 billion. The company expects adjusted EBITDA to be between $185 million and $200 million, with adjusted net income per share projected to be in the range of $0.63 to $0.70. These figures reflect the anticipated benefits related to the Inflation Reduction Act Section 45X Advanced Manufacturing Production Credit for torque tube and structural fastener manufacturing.