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Contract Assets at other companies

Shoals Technologies Group, Inc. logo
Shoals Technologies Group, Inc.SHLS
$15.14M+45.5%
Nextpower Inc.
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Nextpower Inc. NXT
$533.26M+31.4%
Enphase Energy logo
Enphase EnergyENPH
$35.66M
Ameresco logo
AmerescoAMRC
$781.99M+39.9%
EMCOR Group logo
EMCOR GroupEME
$377.33M+14.6%
Fluence Energy, Inc. logo
Fluence Energy, Inc.FLNC
$284.71M+152%

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+49.3%
Enterprise value$1.74B+55.8%
P/S+0.2×

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:ContractWithCustomerAssetNetCurrent.

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 contract assets?
Array Technologies, Inc. (ARRY) reported contract assets of $110.5M in Q1 2026.
How has Array Technologies, Inc.'s contract assets changed year-over-year?
Array Technologies, Inc.'s contract assets increased by 11.1% year-over-year, from $99.47M to $110.5M.
What is the long-term trend for Array Technologies, Inc.'s contract assets?
Over 5 years (2020 to 2025), Array Technologies, Inc.'s contract assets has grown at a 38.7% compound annual growth rate (CAGR), from $18.07M to $92.8M.
What does contract assets mean?
Revenue recognized under ASC 606 where the right to payment is conditional on something other than the passage of time — work performed but not yet billable.