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

UNITED BANKSHARES INC is the larger business by last-quarter revenue ($318.4M vs $226.0M, roughly 1.4× Array Technologies, Inc.). On growth, UNITED BANKSHARES INC posted the faster year-over-year revenue change (21.6% vs -17.9%). UNITED BANKSHARES INC produced more free cash flow last quarter ($481.2M vs $36.2M). Over the past eight quarters, Array Technologies, Inc.'s revenue compounded faster (21.4% CAGR vs 11.8%).

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...

United Bankshares Inc. (WV) is a regional financial holding company operating mainly across the Mid-Atlantic and Southeastern United States. It provides full-spectrum banking solutions including consumer and commercial lending, deposit products, wealth management, and mortgage services for individual, small business and corporate clients.

ARRY vs UBSI — Head-to-Head

Bigger by revenue
UBSI
UBSI
1.4× larger
UBSI
$318.4M
$226.0M
ARRY
Growing faster (revenue YoY)
UBSI
UBSI
+39.4% gap
UBSI
21.6%
-17.9%
ARRY
More free cash flow
UBSI
UBSI
$445.0M more FCF
UBSI
$481.2M
$36.2M
ARRY
Faster 2-yr revenue CAGR
ARRY
ARRY
Annualised
ARRY
21.4%
11.8%
UBSI

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ARRY
ARRY
UBSI
UBSI
Revenue
$226.0M
$318.4M
Net Profit
$128.8M
Gross Margin
8.6%
Operating Margin
-65.5%
50.2%
Net Margin
40.5%
Revenue YoY
-17.9%
21.6%
Net Profit YoY
36.5%
EPS (diluted)
$-1.06
$0.91

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
UBSI
UBSI
Q4 25
$226.0M
$318.4M
Q3 25
$393.5M
$323.3M
Q2 25
$362.2M
$306.0M
Q1 25
$302.4M
$289.6M
Q4 24
$275.2M
$261.9M
Q3 24
$231.4M
$262.2M
Q2 24
$255.8M
$255.9M
Q1 24
$153.4M
$254.7M
Net Profit
ARRY
ARRY
UBSI
UBSI
Q4 25
$128.8M
Q3 25
$33.5M
$130.7M
Q2 25
$43.3M
$120.7M
Q1 25
$16.7M
$84.3M
Q4 24
$94.4M
Q3 24
$-141.4M
$95.3M
Q2 24
$25.7M
$96.5M
Q1 24
$2.2M
$86.8M
Gross Margin
ARRY
ARRY
UBSI
UBSI
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%
Q1 24
35.9%
Operating Margin
ARRY
ARRY
UBSI
UBSI
Q4 25
-65.5%
50.2%
Q3 25
11.6%
50.9%
Q2 25
12.8%
49.7%
Q1 25
9.0%
36.9%
Q4 24
-51.7%
46.2%
Q3 24
-57.3%
45.7%
Q2 24
15.5%
45.1%
Q1 24
5.5%
42.5%
Net Margin
ARRY
ARRY
UBSI
UBSI
Q4 25
40.5%
Q3 25
8.5%
40.4%
Q2 25
11.9%
39.5%
Q1 25
5.5%
29.1%
Q4 24
36.0%
Q3 24
-61.1%
36.3%
Q2 24
10.0%
37.7%
Q1 24
1.4%
34.1%
EPS (diluted)
ARRY
ARRY
UBSI
UBSI
Q4 25
$-1.06
$0.91
Q3 25
$0.12
$0.92
Q2 25
$0.19
$0.85
Q1 25
$0.02
$0.59
Q4 24
$-0.94
$0.70
Q3 24
$-1.02
$0.70
Q2 24
$0.08
$0.71
Q1 24
$-0.07
$0.64

Balance Sheet & Financial Strength

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

Metric
ARRY
ARRY
UBSI
UBSI
Cash + ST InvestmentsLiquidity on hand
$244.4M
Total DebtLower is stronger
$531.8M
Stockholders' EquityBook value
$-206.3M
$5.5B
Total Assets
$1.5B
$33.7B
Debt / EquityLower = less leverage
0.10×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ARRY
ARRY
UBSI
UBSI
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
Q1 24
$287.6M
Total Debt
ARRY
ARRY
UBSI
UBSI
Q4 25
$531.8M
Q3 25
$250.0M
Q2 25
$250.0M
Q1 25
$250.0M
Q4 24
$540.4M
Q3 24
$260.3M
Q2 24
$1.2B
Q1 24
$1.5B
Stockholders' Equity
ARRY
ARRY
UBSI
UBSI
Q4 25
$-206.3M
$5.5B
Q3 25
$-46.7M
$5.4B
Q2 25
$-70.9M
$5.4B
Q1 25
$-97.8M
$5.3B
Q4 24
$-118.1M
$5.0B
Q3 24
$64.5M
$5.0B
Q2 24
$200.0M
$4.9B
Q1 24
$231.2M
$4.8B
Total Assets
ARRY
ARRY
UBSI
UBSI
Q4 25
$1.5B
$33.7B
Q3 25
$1.6B
$33.4B
Q2 25
$1.5B
$32.8B
Q1 25
$1.4B
$32.8B
Q4 24
$1.4B
$30.0B
Q3 24
$1.6B
$29.9B
Q2 24
$1.7B
$30.0B
Q1 24
$1.6B
$30.0B
Debt / Equity
ARRY
ARRY
UBSI
UBSI
Q4 25
0.10×
Q3 25
0.05×
Q2 25
0.05×
Q1 25
0.05×
Q4 24
0.11×
Q3 24
0.05×
Q2 24
0.25×
Q1 24
0.30×

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
UBSI
UBSI
Operating Cash FlowLast quarter
$43.6M
$498.9M
Free Cash FlowOCF − Capex
$36.2M
$481.2M
FCF MarginFCF / Revenue
16.0%
151.1%
Capex IntensityCapex / Revenue
3.3%
5.6%
Cash ConversionOCF / Net Profit
3.87×
TTM Free Cash FlowTrailing 4 quarters
$79.8M
$828.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ARRY
ARRY
UBSI
UBSI
Q4 25
$43.6M
$498.9M
Q3 25
$27.4M
$150.6M
Q2 25
$43.8M
$89.4M
Q1 25
$-13.1M
$120.0M
Q4 24
$57.6M
$445.5M
Q3 24
$44.9M
$123.6M
Q2 24
$4.0M
$61.2M
Q1 24
$47.5M
$124.4M
Free Cash Flow
ARRY
ARRY
UBSI
UBSI
Q4 25
$36.2M
$481.2M
Q3 25
$21.9M
$146.4M
Q2 25
$37.2M
$85.2M
Q1 25
$-15.4M
$116.1M
Q4 24
$55.9M
$433.3M
Q3 24
$43.9M
$122.0M
Q2 24
$1.8M
$58.2M
Q1 24
$45.1M
$119.6M
FCF Margin
ARRY
ARRY
UBSI
UBSI
Q4 25
16.0%
151.1%
Q3 25
5.6%
45.3%
Q2 25
10.3%
27.8%
Q1 25
-5.1%
40.1%
Q4 24
20.3%
165.4%
Q3 24
19.0%
46.5%
Q2 24
0.7%
22.7%
Q1 24
29.4%
47.0%
Capex Intensity
ARRY
ARRY
UBSI
UBSI
Q4 25
3.3%
5.6%
Q3 25
1.4%
1.3%
Q2 25
1.8%
1.4%
Q1 25
0.8%
1.3%
Q4 24
0.6%
4.6%
Q3 24
0.5%
0.6%
Q2 24
0.8%
1.2%
Q1 24
1.6%
1.9%
Cash Conversion
ARRY
ARRY
UBSI
UBSI
Q4 25
3.87×
Q3 25
0.82×
1.15×
Q2 25
1.01×
0.74×
Q1 25
-0.78×
1.42×
Q4 24
4.72×
Q3 24
1.30×
Q2 24
0.15×
0.63×
Q1 24
21.94×
1.43×

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%

UBSI
UBSI

Segment breakdown not available.

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