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Side-by-side financial comparison of APOGEE ENTERPRISES, INC. (APOG) and Array Technologies, Inc. (ARRY). Click either name above to swap in a different company.

APOGEE ENTERPRISES, INC. is the larger business by last-quarter revenue ($351.4M vs $226.0M, roughly 1.6× Array Technologies, Inc.). On growth, APOGEE ENTERPRISES, INC. posted the faster year-over-year revenue change (1.6% vs -17.9%). Over the past eight quarters, Array Technologies, Inc.'s revenue compounded faster (21.4% CAGR vs 2.9%).

Apogee Electronics is an American manufacturer of audio interfaces, analog-to-digital and digital-to-analog converters, USB & iOS microphones, and audio production software.

ATI Technologies Inc. was a Canadian semiconductor technology corporation based in Markham, Ontario, that specialized in the development of graphics processing units and chipsets. Founded in 1985, the company listed publicly in 1993 and was acquired by AMD in 2006. As a major fabless semiconductor company, ATI conducted research and development in-house and outsourced the manufacturing and assembly of its products. With the decline and eventual bankruptcy of 3dfx in 2000, ATI and its chief ri...

APOG vs ARRY — Head-to-Head

Bigger by revenue
APOG
APOG
1.6× larger
APOG
$351.4M
$226.0M
ARRY
Growing faster (revenue YoY)
APOG
APOG
+19.5% gap
APOG
1.6%
-17.9%
ARRY
Faster 2-yr revenue CAGR
ARRY
ARRY
Annualised
ARRY
21.4%
2.9%
APOG

Income Statement — Q4 FY2026 vs Q4 FY2025

Metric
APOG
APOG
ARRY
ARRY
Revenue
$351.4M
$226.0M
Net Profit
$16.6M
Gross Margin
22.4%
8.6%
Operating Margin
7.3%
-65.5%
Net Margin
4.7%
Revenue YoY
1.6%
-17.9%
Net Profit YoY
568.8%
EPS (diluted)
$0.78
$-1.06

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
APOG
APOG
ARRY
ARRY
Q1 26
$351.4M
Q4 25
$348.6M
$226.0M
Q3 25
$358.2M
$393.5M
Q2 25
$346.6M
$362.2M
Q1 25
$345.7M
$302.4M
Q4 24
$341.3M
$275.2M
Q3 24
$342.4M
$231.4M
Q2 24
$331.5M
$255.8M
Net Profit
APOG
APOG
ARRY
ARRY
Q1 26
$16.6M
Q4 25
$16.5M
Q3 25
$23.6M
$33.5M
Q2 25
$-2.7M
$43.3M
Q1 25
$2.5M
$16.7M
Q4 24
$21.0M
Q3 24
$30.6M
$-141.4M
Q2 24
$31.0M
$25.7M
Gross Margin
APOG
APOG
ARRY
ARRY
Q1 26
22.4%
Q4 25
23.8%
8.6%
Q3 25
23.1%
26.9%
Q2 25
21.7%
26.8%
Q1 25
21.6%
25.3%
Q4 24
26.1%
28.5%
Q3 24
28.4%
33.8%
Q2 24
29.8%
33.6%
Operating Margin
APOG
APOG
ARRY
ARRY
Q1 26
7.3%
Q4 25
7.1%
-65.5%
Q3 25
7.5%
11.6%
Q2 25
2.0%
12.8%
Q1 25
1.8%
9.0%
Q4 24
8.4%
-51.7%
Q3 24
12.3%
-57.3%
Q2 24
12.5%
15.5%
Net Margin
APOG
APOG
ARRY
ARRY
Q1 26
4.7%
Q4 25
4.7%
Q3 25
6.6%
8.5%
Q2 25
-0.8%
11.9%
Q1 25
0.7%
5.5%
Q4 24
6.1%
Q3 24
8.9%
-61.1%
Q2 24
9.4%
10.0%
EPS (diluted)
APOG
APOG
ARRY
ARRY
Q1 26
$0.78
Q4 25
$0.77
$-1.06
Q3 25
$1.10
$0.12
Q2 25
$-0.13
$0.19
Q1 25
$0.12
$0.02
Q4 24
$0.96
$-0.94
Q3 24
$1.40
$-1.02
Q2 24
$1.41
$0.08

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
APOG
APOG
ARRY
ARRY
Cash + ST InvestmentsLiquidity on hand
$39.5M
$244.4M
Total DebtLower is stronger
$232.3M
Stockholders' EquityBook value
$511.8M
$-206.3M
Total Assets
$1.1B
$1.5B
Debt / EquityLower = less leverage
0.45×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
APOG
APOG
ARRY
ARRY
Q1 26
$39.5M
Q4 25
$41.3M
$244.4M
Q3 25
$39.5M
$221.5M
Q2 25
$32.8M
$377.3M
Q1 25
$41.4M
$348.3M
Q4 24
$43.9M
$363.0M
Q3 24
$51.0M
$332.4M
Q2 24
$30.4M
$282.3M
Total Debt
APOG
APOG
ARRY
ARRY
Q1 26
$232.3M
Q4 25
Q3 25
Q2 25
Q1 25
$285.0M
Q4 24
Q3 24
Q2 24
Stockholders' Equity
APOG
APOG
ARRY
ARRY
Q1 26
$511.8M
Q4 25
$512.3M
$-206.3M
Q3 25
$500.2M
$-46.7M
Q2 25
$481.8M
$-70.9M
Q1 25
$487.9M
$-97.8M
Q4 24
$522.1M
$-118.1M
Q3 24
$506.4M
$64.5M
Q2 24
$480.0M
$200.0M
Total Assets
APOG
APOG
ARRY
ARRY
Q1 26
$1.1B
Q4 25
$1.1B
$1.5B
Q3 25
$1.2B
$1.6B
Q2 25
$1.2B
$1.5B
Q1 25
$1.2B
$1.4B
Q4 24
$1.2B
$1.4B
Q3 24
$917.1M
$1.6B
Q2 24
$889.0M
$1.7B
Debt / Equity
APOG
APOG
ARRY
ARRY
Q1 26
0.45×
Q4 25
Q3 25
Q2 25
Q1 25
0.58×
Q4 24
Q3 24
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
APOG
APOG
ARRY
ARRY
Operating Cash FlowLast quarter
$122.5M
$43.6M
Free Cash FlowOCF − Capex
$36.2M
FCF MarginFCF / Revenue
16.0%
Capex IntensityCapex / Revenue
7.8%
3.3%
Cash ConversionOCF / Net Profit
7.37×
TTM Free Cash FlowTrailing 4 quarters
$79.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
APOG
APOG
ARRY
ARRY
Q1 26
$122.5M
Q4 25
$29.3M
$43.6M
Q3 25
$57.1M
$27.4M
Q2 25
$-19.8M
$43.8M
Q1 25
$30.0M
$-13.1M
Q4 24
$31.0M
$57.6M
Q3 24
$58.7M
$44.9M
Q2 24
$5.5M
$4.0M
Free Cash Flow
APOG
APOG
ARRY
ARRY
Q1 26
Q4 25
$22.9M
$36.2M
Q3 25
$52.4M
$21.9M
Q2 25
$-26.9M
$37.2M
Q1 25
$19.1M
$-15.4M
Q4 24
$22.0M
$55.9M
Q3 24
$50.2M
$43.9M
Q2 24
$-1.8M
$1.8M
FCF Margin
APOG
APOG
ARRY
ARRY
Q1 26
Q4 25
6.6%
16.0%
Q3 25
14.6%
5.6%
Q2 25
-7.8%
10.3%
Q1 25
5.5%
-5.1%
Q4 24
6.4%
20.3%
Q3 24
14.7%
19.0%
Q2 24
-0.5%
0.7%
Capex Intensity
APOG
APOG
ARRY
ARRY
Q1 26
7.8%
Q4 25
1.9%
3.3%
Q3 25
1.3%
1.4%
Q2 25
2.1%
1.8%
Q1 25
3.2%
0.8%
Q4 24
2.6%
0.6%
Q3 24
2.5%
0.5%
Q2 24
2.2%
0.8%
Cash Conversion
APOG
APOG
ARRY
ARRY
Q1 26
7.37×
Q4 25
1.77×
Q3 25
2.41×
0.82×
Q2 25
1.01×
Q1 25
12.08×
-0.78×
Q4 24
1.48×
Q3 24
1.92×
Q2 24
0.18×
0.15×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

APOG
APOG

Architectural Services$127.1M36%
Architectural Metals$110.0M31%
Architectural Glass$67.4M19%
Performance Surfaces$54.3M15%

ARRY
ARRY

Array Legacy Operations Segment$212.0M94%
STI Operations Segment$14.0M6%

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