How has Array Technologies, Inc.'s STI operations — depreciation changed year-over-year?

Array Technologies, Inc.'s STI operations — depreciation decreased by 100.0% year-over-year, from $33K to $0.

What does STI operations — depreciation mean?

Represents the periodic allocation of the cost of tangible fixed assets used by the STI Operations segment over their useful lives. It serves as a proxy for the wear and tear of production equipment and infrastructure necessary to maintain segment operations.

Array Technologies, Inc. ARRY STI Operations — Depreciation

Similar metrics at other companies

KBRSTS — D&A

$10M+11.1%

NJRS&T — D&A

$5.17M-20.9%

FLEXIntegrated Technology Solutions — Total depreciation expense

$40.5M-10.0%

AZZInfrastructure Solutions — Depreciation

$0—

TFI

TFINIntelligence — Depreciation

$16K+129%

HWK

HWKNIndustrial Solutions — Depreciation, Depletion and Amortization

$2.26M+5.0%

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:DepreciationAdjusted.

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 — depreciation?: Array Technologies, Inc. (ARRY) reported STI operations — depreciation of $0 in Q1 2026.
How has Array Technologies, Inc.'s STI operations — depreciation changed year-over-year?: Array Technologies, Inc.'s STI operations — depreciation decreased by 100.0% year-over-year, from $33K to $0.
What does STI operations — depreciation mean?: Represents the periodic allocation of the cost of tangible fixed assets used by the STI Operations segment over their useful lives. It serves as a proxy for the wear and tear of production equipment and infrastructure necessary to maintain segment operations.