U.S.-based solar tracker company Array Technologies’ fourth quarter (Q4) 2025 revenue dropped 17.8% year-over-year (YoY) to $226 million from $275 million.
The revenue, however, exceeded analysts’ expectations by $14.63 million. Net loss for the quarter widened by 14.2% to $161 million from $141 million in the previous year. The company reported adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) of $11.2 million, a 75.2% YoY decrease from $45.2 million.