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Array Technologies, Inc. ARRY STI Operations — Inventory valuation charge

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Array U.S. Operations
$0

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Other financials

Income statement

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Revenue$342.1M-5.6%
Gross profit$99.6M+2.6%
Operating income$34.8M-25.0%
Net income$24.3M-43.7%
EPS (diluted)$0.05-73.7%

Balance sheet

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Cash & equivalents$307.3M-18.9%
Total debt$752.9M+8.5%
Total equity-$202.1M-185%
Total assets$1.5B-0.5%

Cash flow

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Operating cash flow$121.3M+177%
CapEx$7.6M+15.1%
Free cash flow$113.6M+205%

Valuation

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Market cap$808.54M+2.1%
Enterprise value$1.25B+12.9%
P/S0.7×0.0×

Profitability

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Gross margin24.3%-3.9pp
Operating margin-5.1%-2.1pp
Net margin-7.2%-2.7pp
FCF margin11.4%+1.0pp

Returns & leverage

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Return on equity-64.1%
Debt / equity10.5×+7.4×
Current ratio2.2×0.0×

Where this comes from

Reported directly by Array Technologies, Inc. in its filing.

Tagged under the XBRL concept arry:InventoryValuationCharge.

The source filing: Array Technologies, Inc.’s 10-K, filed February 25, 2026.

Filed
Feb 25, 2026, 5:21 PM EST
Fiscal year
FY2025
Accession
0001820721-26-000008
Line itemArray Legacy OperationsSTI OperationsConsolidated
Segment revenue$1,070,478$213,663$1,284,141
Less:
Product cost(1)704,429177,833882,262
Inventory valuation charge29,51629,516
Amortization of developed technology and backlog17,52017,520
Depreciation3,5693,569
Other costs(2)44,9687,75352,721
Gross profit$299,992$(1,439)$298,553

Item 16. Form 10–K Summary

FAQ

What is Array Technologies, Inc.'s STI operations — inventory valuation charge?
Array Technologies, Inc. (ARRY) reported STI operations — inventory valuation charge of $7.38M in Q4 2025.
What does STI operations — inventory valuation charge mean?
Represents the write-down of inventory carrying value to its net realizable value due to obsolescence, damage, or market price declines. This charge reflects potential inefficiencies in inventory management or adverse shifts in market demand for specific product lines within the segment.

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