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Array Technologies, Inc. ARRY STI Operations — Product cost

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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 arry:CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortizationAdjusted.

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 — product cost?
Array Technologies, Inc. (ARRY) reported STI operations — product cost of $8.11M in Q1 2026.
How has Array Technologies, Inc.'s STI operations — product cost changed year-over-year?
Array Technologies, Inc.'s STI operations — product cost decreased by 89.4% year-over-year, from $76.76M to $8.11M.
What is the long-term trend for Array Technologies, Inc.'s STI operations — product cost?
Over 3 years (2022 to 2025), Array Technologies, Inc.'s STI operations — product cost has grown at a -17.0% compound annual growth rate (CAGR), from $310.56M to $177.83M.
What does STI operations — product cost mean?
Includes all direct costs associated with the manufacturing and delivery of solar tracking hardware within the STI Operations segment. Monitoring this metric is essential for evaluating the segment's production efficiency and direct cost management.