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Side-by-side financial comparison of Array Technologies, Inc. (ARRY) and HANCOCK WHITNEY CORP (HWC). Click either name above to swap in a different company.

HANCOCK WHITNEY CORP is the larger business by last-quarter revenue ($295.0M vs $226.0M, roughly 1.3× Array Technologies, Inc.). On growth, Array Technologies, Inc. posted the faster year-over-year revenue change (-17.9% vs -19.7%). Over the past eight quarters, Array Technologies, Inc.'s revenue compounded faster (21.4% CAGR vs -9.4%).

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...

Hancock Whitney Corp. is an American bank holding company headquartered in Gulfport, Mississippi. It operates 237 branches in Mississippi, Alabama, Florida, Louisiana, and Texas. The bank is the official bank of the New Orleans Saints and issues the official debit card. The bank is also the official bank of LSU Athletics and the Louisiana Ragin' Cajuns, being the exclusive provider of credit cards for the LSU Tigers, as well as debit cards for both athletic brands.

ARRY vs HWC — Head-to-Head

Bigger by revenue
HWC
HWC
1.3× larger
HWC
$295.0M
$226.0M
ARRY
Growing faster (revenue YoY)
ARRY
ARRY
+1.8% gap
ARRY
-17.9%
-19.7%
HWC
Faster 2-yr revenue CAGR
ARRY
ARRY
Annualised
ARRY
21.4%
-9.4%
HWC

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
ARRY
ARRY
HWC
HWC
Revenue
$226.0M
$295.0M
Net Profit
$47.4M
Gross Margin
8.6%
Operating Margin
-65.5%
Net Margin
16.1%
Revenue YoY
-17.9%
-19.7%
Net Profit YoY
-60.3%
EPS (diluted)
$-1.06
$0.57

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
ARRY
ARRY
HWC
HWC
Q1 26
$295.0M
Q4 25
$226.0M
$389.3M
Q3 25
$393.5M
$385.7M
Q2 25
$362.2M
$375.5M
Q1 25
$302.4M
$364.7M
Q4 24
$275.2M
$364.8M
Q3 24
$231.4M
$367.7M
Q2 24
$255.8M
$359.6M
Net Profit
ARRY
ARRY
HWC
HWC
Q1 26
$47.4M
Q4 25
Q3 25
$33.5M
$127.5M
Q2 25
$43.3M
Q1 25
$16.7M
Q4 24
Q3 24
$-141.4M
$115.6M
Q2 24
$25.7M
Gross Margin
ARRY
ARRY
HWC
HWC
Q1 26
Q4 25
8.6%
Q3 25
26.9%
Q2 25
26.8%
Q1 25
25.3%
Q4 24
28.5%
Q3 24
33.8%
Q2 24
33.6%
Operating Margin
ARRY
ARRY
HWC
HWC
Q1 26
Q4 25
-65.5%
40.7%
Q3 25
11.6%
41.6%
Q2 25
12.8%
38.5%
Q1 25
9.0%
40.9%
Q4 24
-51.7%
41.3%
Q3 24
-57.3%
39.5%
Q2 24
15.5%
40.3%
Net Margin
ARRY
ARRY
HWC
HWC
Q1 26
16.1%
Q4 25
Q3 25
8.5%
33.0%
Q2 25
11.9%
Q1 25
5.5%
Q4 24
Q3 24
-61.1%
31.4%
Q2 24
10.0%
EPS (diluted)
ARRY
ARRY
HWC
HWC
Q1 26
$0.57
Q4 25
$-1.06
$1.48
Q3 25
$0.12
$1.49
Q2 25
$0.19
$1.32
Q1 25
$0.02
$1.38
Q4 24
$-0.94
$1.40
Q3 24
$-1.02
$1.33
Q2 24
$0.08
$1.31

Balance Sheet & Financial Strength

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

Metric
ARRY
ARRY
HWC
HWC
Cash + ST InvestmentsLiquidity on hand
$244.4M
$223.7M
Total DebtLower is stronger
$1.6B
Stockholders' EquityBook value
$-206.3M
Total Assets
$1.5B
$35.5B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ARRY
ARRY
HWC
HWC
Q1 26
$223.7M
Q4 25
$244.4M
Q3 25
$221.5M
Q2 25
$377.3M
Q1 25
$348.3M
Q4 24
$363.0M
Q3 24
$332.4M
Q2 24
$282.3M
Total Debt
ARRY
ARRY
HWC
HWC
Q1 26
$1.6B
Q4 25
$199.4M
Q3 25
$210.7M
Q2 25
$210.6M
Q1 25
$210.6M
Q4 24
$210.5M
Q3 24
$236.4M
Q2 24
$236.4M
Stockholders' Equity
ARRY
ARRY
HWC
HWC
Q1 26
Q4 25
$-206.3M
$4.5B
Q3 25
$-46.7M
$4.5B
Q2 25
$-70.9M
$4.4B
Q1 25
$-97.8M
$4.3B
Q4 24
$-118.1M
$4.1B
Q3 24
$64.5M
$4.2B
Q2 24
$200.0M
$3.9B
Total Assets
ARRY
ARRY
HWC
HWC
Q1 26
$35.5B
Q4 25
$1.5B
$35.5B
Q3 25
$1.6B
$35.8B
Q2 25
$1.5B
$35.2B
Q1 25
$1.4B
$34.8B
Q4 24
$1.4B
$35.1B
Q3 24
$1.6B
$35.2B
Q2 24
$1.7B
$35.4B
Debt / Equity
ARRY
ARRY
HWC
HWC
Q1 26
Q4 25
0.04×
Q3 25
0.05×
Q2 25
0.05×
Q1 25
0.05×
Q4 24
0.05×
Q3 24
0.06×
Q2 24
0.06×

Cash Flow & Capital Efficiency

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

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

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ARRY
ARRY
HWC
HWC
Q1 26
Q4 25
$43.6M
$541.8M
Q3 25
$27.4M
$158.8M
Q2 25
$43.8M
$125.8M
Q1 25
$-13.1M
$104.2M
Q4 24
$57.6M
$625.7M
Q3 24
$44.9M
$162.5M
Q2 24
$4.0M
$105.0M
Free Cash Flow
ARRY
ARRY
HWC
HWC
Q1 26
Q4 25
$36.2M
$523.1M
Q3 25
$21.9M
$155.0M
Q2 25
$37.2M
$122.0M
Q1 25
$-15.4M
$100.2M
Q4 24
$55.9M
$615.5M
Q3 24
$43.9M
$158.6M
Q2 24
$1.8M
$103.7M
FCF Margin
ARRY
ARRY
HWC
HWC
Q1 26
Q4 25
16.0%
134.4%
Q3 25
5.6%
40.2%
Q2 25
10.3%
32.5%
Q1 25
-5.1%
27.5%
Q4 24
20.3%
168.7%
Q3 24
19.0%
43.1%
Q2 24
0.7%
28.8%
Capex Intensity
ARRY
ARRY
HWC
HWC
Q1 26
Q4 25
3.3%
4.8%
Q3 25
1.4%
1.0%
Q2 25
1.8%
1.0%
Q1 25
0.8%
1.1%
Q4 24
0.6%
2.8%
Q3 24
0.5%
1.1%
Q2 24
0.8%
0.4%
Cash Conversion
ARRY
ARRY
HWC
HWC
Q1 26
Q4 25
Q3 25
0.82×
1.25×
Q2 25
1.01×
Q1 25
-0.78×
Q4 24
Q3 24
1.41×
Q2 24
0.15×

Financial Flow Comparison

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

Revenue Breakdown by Segment

ARRY
ARRY

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

HWC
HWC

Segment breakdown not available.

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