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Array Technologies, Inc. ARRY Array Legacy Operations — Interest Expense

Other segment segments

STI Operations
$183K-64.3%

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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 us-gaap:InterestExpenseNonoperating.

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 — interest expense?
Array Technologies, Inc. (ARRY) reported array legacy operations — interest expense of $5.38M in Q1 2026.
How has Array Technologies, Inc.'s array legacy operations — interest expense changed year-over-year?
Array Technologies, Inc.'s array legacy operations — interest expense decreased by 28.5% year-over-year, from $7.52M to $5.38M.
What is the long-term trend for Array Technologies, Inc.'s array legacy operations — interest expense?
Over 3 years (2022 to 2025), Array Technologies, Inc.'s array legacy operations — interest expense has grown at a -10.0% compound annual growth rate (CAGR), from $34.27M to $25M.
What does array legacy operations — interest expense mean?
Captures the cost of debt financing directly attributable to the legacy operations segment. This metric is critical for assessing the financial leverage and interest burden carried by this specific part of the business.