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Array Technologies, Inc. ARRY Array Legacy Operations — Depreciation

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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

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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 arry:DepreciationAdjusted.

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 array legacy operations — depreciation?
Array Technologies, Inc. (ARRY) reported array legacy operations — depreciation of $1.67M in Q1 2026.
How has Array Technologies, Inc.'s array legacy operations — depreciation changed year-over-year?
Array Technologies, Inc.'s array legacy operations — depreciation increased by 204.4% year-over-year, from $550K to $1.67M.
What is the long-term trend for Array Technologies, Inc.'s array legacy operations — depreciation?
Over 3 years (2022 to 2025), Array Technologies, Inc.'s array legacy operations — depreciation has grown at a 30.1% compound annual growth rate (CAGR), from $1.62M to $3.57M.
What does array legacy operations — depreciation mean?
This is the non-cash expense representing the allocation of the cost of tangible fixed assets, such as machinery and equipment, used within the Array Legacy Operations segment over their estimated useful lives. It provides insight into the capital intensity and the aging of the physical infrastructure supporting this segment.