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Array Technologies, Inc. ARRY Amortization of acquired technology

Amortization of acquired technology at other companies

Independent Bank Corp logo
Independent Bank CorpINDB
$4.23M+186%
Open Text logo
Open TextOTEX
$43.32M-8.2%
Progress Software logo
Progress SoftwarePRGS
$8.75M-16.0%
Array Technologies, Inc. logo
Array Technologies, Inc.ARRY
$5.61M+54.3%
Veracyte logo
VeracyteVCYT
$2.71M+4.7%
Ligand Pharmaceuticals logo
Ligand PharmaceuticalsLGND
$8.1M-1.9%

Segments

By segment

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Array Legacy Operations$5.61M+54.3%
STI Operations$0

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:CostOfGoodsAndServicesSoldAmortization.

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 amortization of acquired technology?
Array Technologies, Inc. (ARRY) reported amortization of acquired technology of $5.61M in Q1 2026.
How has Array Technologies, Inc.'s amortization of acquired technology changed year-over-year?
Array Technologies, Inc.'s amortization of acquired technology increased by 54.3% year-over-year, from $3.64M to $5.61M.
What is the long-term trend for Array Technologies, Inc.'s amortization of acquired technology?
Over 3 years (2021 to 2025), Array Technologies, Inc.'s amortization of acquired technology has grown at a 6.4% compound annual growth rate (CAGR), from $14.56M to $17.52M.
What does amortization of acquired technology mean?
This metric captures the periodic expense recognized from the allocation of the purchase price to acquired intangible assets, such as developed technology or product backlogs, over their estimated useful lives. It represents a non-cash cost associated with historical business acquisitions that is included in the cost of revenue. Investors use this to distinguish between operational production costs and the accounting impact of past inorganic growth strategies.