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Revenue by Segment
Breaks down revenue contributions from different business segments, offering insight into diversification and growth areas within the company.Legacy Operations have reasserted themselves as Array’s revenue engine after a 2024 trough, powering a sharp 2025 rebound and stabilizing into early‑2026, while STI Operations — which fueled earlier growth — have rolled off materially and are now a much smaller contributor. Coupled with a record, predominantly domestic backlog and heavy new‑product content, this reflects a mix shift toward legacy/new‑product domestic projects that supports near‑term revenue conversion but creates margin risk as international volume ramps and one‑time tariff/onshoring benefits unwind; watch backlog conversion cadence and Q2 margin guidance for sustainability.
Date | Legacy Operations | STI Operations |
|---|---|---|
Jun 30, 2026 | $320.31M | $21.76M |
Mar 31, 2026 | $217.38M | $6.03M |
Dec 31, 2025 | $212.00M | $14.04M |
Sep 30, 2025 | $353.37M | $40.12M |
Jun 30, 2025 | $291.89M | $70.36M |
Mar 31, 2025 | $213.21M | $89.15M |
Dec 31, 2024 | $201.82M | $73.41M |
Sep 30, 2024 | $160.27M | $71.14M |
Jun 30, 2024 | $185.16M | $70.61M |
Mar 31, 2024 | $114.38M | $39.02M |