Name | Value |
---|---|
Revenues | 350.4M |
Cost of Revenue | 263.1M |
Gross Profit | 87.4M |
Operating Expense | 47.0M |
Operating I/L | 40.2M |
Other Income/Expense | -0.3M |
Interest Income | 3.4M |
Pretax | 30.4M |
Income Tax Expense | 7.2M |
Net Income/Loss | 23.2M |
Array Technologies, Inc. is a leading manufacturer and supplier of solar tracking systems and related products globally. The company's flagship products include the DuraTrack HZ v3, a single-axis solar tracking system, and SmarTrack, a machine learning software that optimizes the position of solar arrays in real time to maximize energy production. By providing innovative solar tracking solutions, Array Technologies, Inc. generates revenue through the sale of its tracking systems and software, catering to the growing demand for efficient and sustainable solar energy solutions in the United States and abroad.