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Array Technologies, Inc. ARRY Array Legacy Operations — Gross profit (loss)

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STI Operations
$1.12M-91.5%

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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:GrossProfit.

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
Line itemArray Legacy OperationsSTI OperationsConsolidated
Amortization of developed technology and backlog5,615—5,615
Depreciation2,02612,027
Other costs(2)24,61733224,949
Gross profit98,4851,11999,604
Total operating expenses——(64,839)
Total other expense, net——(3,042)
Income before income taxes$31,723
Segment assets1,306,579227,4571,534,036

Item 1. Unaudited Condensed Consolidated Financial Statements

FAQ

What is Array Technologies, Inc.'s array legacy operations — gross profit (loss)?
Array Technologies, Inc. (ARRY) reported array legacy operations — gross profit (loss) of $98.49M in Q2 2026.
How has Array Technologies, Inc.'s array legacy operations — gross profit (loss) changed year-over-year?
Array Technologies, Inc.'s array legacy operations — gross profit (loss) increased by 17.2% year-over-year, from $84.01M to $98.49M.
What is the long-term trend for Array Technologies, Inc.'s array legacy operations — gross profit (loss)?
Over 3 years (2022 to 2025), Array Technologies, Inc.'s array legacy operations — gross profit (loss) has grown at a 25.0% compound annual growth rate (CAGR), from $153.61M to $299.99M.
What does array legacy operations — gross profit (loss) mean?
This is the residual profit or loss generated by the Array Legacy Operations segment after deducting direct product costs from its total revenue. It serves as a key performance indicator for the segment's core operational profitability before accounting for corporate overhead or segment-specific operating expenses.

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