What is Array Technologies, Inc.'s accrued expenses?

Array Technologies, Inc. (ARRY) reported accrued expenses of $23.42M in Q1 2026.

How has Array Technologies, Inc.'s accrued expenses changed year-over-year?

Array Technologies, Inc.'s accrued expenses increased by 156.5% year-over-year, from $9.13M to $23.42M.

What does accrued expenses mean?

Expenses incurred but not yet paid or invoiced — interest accruals, tax accruals, warranty reserves, and other timing differences.

Array Technologies, Inc. ARRY Accrued Expenses

Accrued Expenses at other companies

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$193.38M+96.5%

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$4.67M+30.4%

Nextpower Inc. NXT

$192.75M+85.2%

SolarEdge TechnologiesSEDG

$81.99M+7.4%

Solaris Energy InfrastructureSEI

$8.7M+16,631%

Enphase EnergyENPH

$17.68M-91.7%

Other financials

Income statement

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Revenue$223.4M-26.1%

Gross profit$63.0M-17.6%

Operating income$7.1M-73.9%

Net income$2.0M-88.1%

EPS (diluted)-$0.09-550%

Balance sheet

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Cash & equivalents$202.0M-42.2%

Total debt$763.2M+12.4%

Total equity-$214.4M-119%

Total assets$1.5B+3.5%

Cash flow

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Operating cash flow-$29.4M-125%

CapEx$7.5M+219%

Free cash flow-$36.9M-140%

Valuation

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Market cap$1.18B+4.8%

Enterprise value$1.74B+19.6%

P/S1×-0.1×

Profitability

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Gross margin23.7%-6.3pp

Operating margin-4.1%-1.8pp

Net margin-5.6%-2.4pp

FCF margin4.8%-3.3pp

Returns & leverage

See full

Return on equity-64.1%—

Debt / equity10.5×+7.4×

Current ratio2.3×-0.1×

Where this comes from

Reported directly by Array Technologies, Inc. in its filing.

Tagged under the XBRL concept us-gaap:EmployeeRelatedLiabilitiesCurrent.

The official record: Array Technologies, Inc.’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Array Technologies, Inc.'s accrued expenses?: Array Technologies, Inc. (ARRY) reported accrued expenses of $23.42M in Q1 2026.
How has Array Technologies, Inc.'s accrued expenses changed year-over-year?: Array Technologies, Inc.'s accrued expenses increased by 156.5% year-over-year, from $9.13M to $23.42M.
What does accrued expenses mean?: Expenses incurred but not yet paid or invoiced — interest accruals, tax accruals, warranty reserves, and other timing differences.