Array Technologies, Inc. ARRY STI Operations — Amortization of developed technology and backlog

Other segment segments

Array Legacy Operations

$5.61M+54.3%

Similar metrics at other companies

NDSNAdvanced Technology Solutions — Amortization of intangibles

$2.32M-22.2%

PANWProduct — Total intangible assets amortization

$37M—

WSBCTrust And Investment Services — Intangible Amortization

$296K+640%

NDSNAdvanced Technology Systems — Depreciation, Depletion and Amortization

$9.62M+7.1%

IEXHealth & Science Technologies — Intangible Amortization

$27.1M+10.2%

OLEDAmortization Of Acquired Technology And Other Intangible Assets

$5.59M+22.9%

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:CostOfGoodsAndServicesSoldAmortization.

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 STI operations — amortization of developed technology and backlog?: Array Technologies, Inc. (ARRY) reported STI operations — amortization of developed technology and backlog of $0 in Q1 2026.
What does STI operations — amortization of developed technology and backlog mean?: Reflects the non-cash expense allocated to the systematic reduction of the carrying value of intangible assets, specifically developed technology and acquired order backlogs, within the STI Operations segment. This metric helps investors understand the impact of past acquisitions on current segment profitability.