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Array Technologies, Inc. ARRY Array U.S. Operations — Goodwill impairment

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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/S-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:GoodwillImpairmentLoss.

The official record: Array Technologies, Inc.’s 10-K, filed February 25, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Array Technologies, Inc.'s array U.S. operations — goodwill impairment?
Array Technologies, Inc. (ARRY) reported array U.S. operations — goodwill impairment of $0 in Q4 2025.
What does array U.S. operations — goodwill impairment mean?
Indicates a non-cash charge recognized when the carrying value of goodwill associated with the U.S. operations exceeds its implied fair value. This serves as a critical indicator that the expected future economic benefits of past acquisitions have declined.