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Array Technologies, Inc. ARRY Array Legacy Operations — D&A

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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:DepreciationDepletionAndAmortizationAdjusted.

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 — D&A?
Array Technologies, Inc. (ARRY) reported array legacy operations — D&A of $12.4M in Q1 2026.
How has Array Technologies, Inc.'s array legacy operations — D&A changed year-over-year?
Array Technologies, Inc.'s array legacy operations — D&A increased by 79.7% year-over-year, from $6.9M to $12.4M.
What is the long-term trend for Array Technologies, Inc.'s array legacy operations — D&A?
Over 3 years (2022 to 2025), Array Technologies, Inc.'s array legacy operations — D&A has grown at a 11.4% compound annual growth rate (CAGR), from $25.96M to $35.85M.
What does array legacy operations — D&A mean?
Reflects the non-cash expense allocated to the legacy segment to account for the gradual wear and tear or expiration of tangible and intangible assets. This metric is essential for calculating the true operational cash flow and asset utilization efficiency of the segment.