Array Technologies, Inc. financial data

Symbol
ARRY on Nasdaq
Location
Albuquerque, NM
Fiscal year end
31 December
Latest financial report
10-K - Q4 2025 - 25 Feb 2026

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 219% % -11%
Quick Ratio 41% % -21%
Debt-to-equity -1109% % -196%
Return On Equity 50% %
Return On Assets -3.5% % 77%
Operating Margin -2.3% % 91%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 152,848,992 shares 0.2%
Entity Public Float $707,055,499 USD -49%
Common Stock, Value, Issued $152,000 USD 0.66%
Weighted Average Number of Shares Outstanding, Basic 152,537,000 shares 0.52%
Weighted Average Number of Shares Outstanding, Diluted 152,537,000 shares 0.52%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax $1,284,141,000 USD 40%
Cost of Revenue $985,588,000 USD 59%
Research and Development Expense $9,900,000 USD 48%
General and Administrative Expense $198,612,000 USD 24%
Operating Income (Loss) $28,995,000 USD 87%
Nonoperating Income (Expense) $222,000 USD 99%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $29,217,000 USD 88%
Income Tax Expense (Benefit) $23,018,000 USD 69%
Net Income (Loss) Attributable to Parent $52,235,000 USD 78%
Earnings Per Share, Basic -0.73 USD/shares 63%
Earnings Per Share, Diluted -0.73 USD/shares 63%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value $244,388,000 USD -33%
Accounts Receivable, after Allowance for Credit Loss, Current $271,578,000 USD -1.5%
Inventory, Net $150,374,000 USD -25%
Other Assets, Current $21,753,000 USD -22%
Assets, Current $869,044,000 USD -13%
Deferred Income Tax Assets, Net $23,965,000 USD 35%
Property, Plant and Equipment, Net $58,225,000 USD 122%
Operating Lease, Right-of-Use Asset $48,297,000 USD 195%
Intangible Assets, Net (Excluding Goodwill) $238,579,000 USD 32%
Goodwill $135,173,000 USD -16%
Other Assets, Noncurrent $29,718,000 USD 17%
Assets $1,451,792,000 USD 1.8%
Accounts Payable, Current $143,994,000 USD -16%
Employee-related Liabilities, Current $17,135,000 USD 31%
Contract with Customer, Liability, Current $128,433,000 USD 7.2%
Liabilities, Current $377,012,000 USD -14%
Contract with Customer, Liability, Noncurrent $16,800,000 USD
Deferred Income Tax Liabilities, Net $22,133,000 USD 3.4%
Operating Lease, Liability, Noncurrent $47,288,000 USD 213%
Other Liabilities, Noncurrent $25,838,000 USD 627%
Liabilities $1,191,404,000 USD 4.8%
Accumulated Other Comprehensive Income (Loss), Net of Tax $10,481,000 USD 77%
Retained Earnings (Accumulated Deficit) $422,859,000 USD -14%
Stockholders' Equity Attributable to Parent $206,340,000 USD -75%
Liabilities and Equity $1,451,792,000 USD 1.8%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities $13,059,000 USD -127%
Net Cash Provided by (Used in) Financing Activities $1,725,000 USD 62%
Net Cash Provided by (Used in) Investing Activities $2,352,000 USD 1.4%
Common Stock, Shares Authorized 1,000,000,000 shares 0%
Common Stock, Shares, Issued 152,779,614 shares 0.54%
Common Stock, Par or Stated Value Per Share 0.001 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect $14,648,000 USD -138%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $245,984,000 USD -32%
Interest Paid, Excluding Capitalized Interest, Operating Activities $16,056,000 USD -58%
Deferred Tax Assets, Valuation Allowance $22,020,000 USD 97%
Deferred Tax Assets, Gross $80,267,000 USD 90%
Operating Lease, Liability $54,762,000 USD 164%
Depreciation $6,100,000 USD 39%
Payments to Acquire Property, Plant, and Equipment $2,352,000 USD -1.8%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent $17,313,000 USD 95%
Lessee, Operating Lease, Liability, to be Paid $79,596,000 USD 180%
Property, Plant and Equipment, Gross $88,545,000 USD 74%
Operating Lease, Liability, Current $7,474,000 USD 33%
Lessee, Operating Lease, Liability, to be Paid, Year Two $9,287,000 USD 206%
Lessee, Operating Lease, Liability, to be Paid, Year One $10,821,000 USD 110%
Operating Lease, Weighted Average Discount Rate, Percent 0.075 pure -9.6%
Deferred Income Tax Expense (Benefit) $1,024,000 USD
Lessee, Operating Lease, Liability, Undiscounted Excess Amount $24,834,000 USD 221%
Lessee, Operating Lease, Liability, to be Paid, Year Three $8,011,000 USD 170%
Deferred Tax Assets, Operating Loss Carryforwards $16,124,000 USD 280%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 4,500,000 shares 0%
Unrecognized Tax Benefits $836,000 USD 17%
Lessee, Operating Lease, Liability, to be Paid, Year Four $6,038,000 USD 102%
Additional Paid in Capital $226,848,000 USD -24%
Amortization of Intangible Assets $41,200,000 USD -15%
Deferred Tax Assets, Net of Valuation Allowance $58,247,000 USD 87%
Share-based Payment Arrangement, Expense $4,600,000 USD 130%
Interest Expense $42,438,000 USD 4.8%
Preferred Stock, Par or Stated Value Per Share 0.001 USD/shares 0%