Stock Track | Array Technologies Plunges 21.45% in After-Hours on Quarterly Loss and Impairment Charges

Stock Track
Feb 26

Array Technologies Inc. (ARRY) saw its stock plummet 21.45% in after-hours trading on Wednesday following the release of its fourth-quarter and full-year 2025 financial results.

The solar tracker manufacturer reported a net loss to common shareholders of $161.2 million for the fourth quarter, which included significant one-time charges. These comprised a $29.5 million inventory valuation charge related to phasing out non-compatible STI H250 inventory and a substantial $102.6 million non-cash goodwill impairment charge tied to its 2022 acquisition of STI.

Despite posting full-year revenue growth of 40% to $1.3 billion and providing forward guidance for fiscal 2026, the market reacted negatively to the quarterly net loss and the magnitude of the impairment and inventory charges disclosed in the earnings report.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10