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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%
Free cash flow$113.6M+205%

Valuation

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Market cap$808.54M-7.5%
Enterprise value$1.25B+5.5%
P/S0.7×-0.1×

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 us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

The source filing: Array Technologies, Inc.’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 5:10 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-053517
Line itemSix Months Ended June 30, 2026Six Months Ended June 30, 2025
Changes in operating assets and liabilities18,026(54,331)
Net cash provided by operating activities91,85830,782
Investing activities
Purchase of property, plant and equipment(15,144)(8,983)
Net cash used in investing activities(15,144)(8,983)
Financing activities
Proceeds from issuance of other debt38,25457,064
Proceeds from issuance of convertible notes345,000

Item 1. Unaudited Condensed Consolidated Financial Statements

FAQ

What is Array Technologies, Inc.'s capex?
Array Technologies, Inc. (ARRY) reported capex of $7.63M in Q2 2026.
How has Array Technologies, Inc.'s capex changed year-over-year?
Array Technologies, Inc.'s capex increased by 15.1% year-over-year, from $6.63M to $7.63M.
What is the long-term trend for Array Technologies, Inc.'s capex?
Over 4 years (2021 to 2025), Array Technologies, Inc.'s capex has grown at a 59.9% compound annual growth rate (CAGR), from $3.36M to $21.97M.
What does capex mean?
Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

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