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Array Technologies, Inc. ARRY STI Operations — Interest Expense

Other segment segments

Array Legacy Operations
$5.38M-28.5%

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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: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 STI operations — interest expense?
Array Technologies, Inc. (ARRY) reported STI operations — interest expense of $183K in Q1 2026.
How has Array Technologies, Inc.'s STI operations — interest expense changed year-over-year?
Array Technologies, Inc.'s STI operations — interest expense decreased by 64.3% year-over-year, from $513K to $183K.
What is the long-term trend for Array Technologies, Inc.'s STI operations — interest expense?
Over 3 years (2022 to 2025), Array Technologies, Inc.'s STI operations — interest expense has grown at a -1.2% compound annual growth rate (CAGR), from $2.42M to $2.34M.
What does STI operations — interest expense mean?
This represents the cost of debt financing directly associated with the STI Operations segment's capital structure or allocated debt obligations. It measures the financial burden incurred to fund the segment's operations, inventory, or infrastructure. Investors use this to assess the segment's leverage and the impact of financing costs on its overall profitability.