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Array Technologies, Inc. ARRY Array Legacy Operations — Accumulated impairment

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Other financials

Income statement

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Revenue$342.1M-5.6%
Gross profit$99.6M+2.6%
Operating income$34.8M-25.0%
Net income$24.3M-43.7%
EPS (diluted)$0.05-73.7%

Balance sheet

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Cash & equivalents$307.3M-18.9%
Total debt$752.9M+8.5%
Total equity-$202.1M-185%
Total assets$1.5B-0.5%

Cash flow

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Operating cash flow$121.3M+177%
CapEx$7.6M+15.1%
Free cash flow$113.6M+205%

Valuation

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Market cap$808.54M+2.1%
Enterprise value$1.25B+12.9%
P/S0.7×0.0×

Profitability

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Gross margin24.3%-3.9pp
Operating margin-5.1%-2.1pp
Net margin-7.2%-2.7pp
FCF margin11.4%+1.0pp

Returns & leverage

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Return on equity-64.1%
Debt / equity10.5×+7.4×
Current ratio2.2×0.0×

Where this comes from

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

Tagged under the XBRL concept us-gaap:GoodwillImpairedAccumulatedImpairmentLoss.

The source filing: Array Technologies, Inc.’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 5:10 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-053517

As of June 30, 2026, the aggregate carrying value of goodwill was $135.2 million, all attributable to the Array Legacy Operations segment, net of cumulative impairments of $51.9 million. There were no changes in the carrying amount of goodwill by segment during six months ended June 30, 2026.

Item 1. Unaudited Condensed Consolidated Financial Statements

FAQ

What is Array Technologies, Inc.'s array legacy operations — accumulated impairment?
Array Technologies, Inc. (ARRY) reported array legacy operations — accumulated impairment of $51.9M in Q2 2026.
How has Array Technologies, Inc.'s array legacy operations — accumulated impairment changed year-over-year?
Array Technologies, Inc.'s array legacy operations — accumulated impairment decreased by 0.0% year-over-year, from $51.9M to $51.9M.
What does array legacy operations — accumulated impairment mean?
This metric tracks the total historical write-downs applied to the carrying value of assets within the Array Legacy Operations segment. It signals potential past overvaluation or a decline in the long-term economic viability of the assets associated with this business line.

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