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Array Technologies, Inc. ARRY Inventory valuation charge

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Segments

By segment

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STI Operations$29.52M
Array U.S. Operations$0

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 itemYear Ended December 31, 2025Year Ended December 31, 2024Year Ended December 31, 2023
Revenue$1,284,141$915,807$1,576,551
Cost of revenue:
Cost of product and service revenue938,552603,5721,146,442
Inventory valuation charge29,516
Amortization of developed technology and backlog17,52014,55814,558
Total cost of revenue985,588618,1301,161,000
Gross profit298,553297,677415,551
Operating expenses:

Item 16. Form 10–K Summary

FAQ

What is Array Technologies, Inc.'s inventory valuation charge?
Array Technologies, Inc. (ARRY) reported inventory valuation charge of $7.38M in Q4 2025.
What does inventory valuation charge mean?
This metric represents the write-down of inventory value to the lower of cost or net realizable value due to obsolescence, damage, or market price declines. It reflects the financial impact of holding inventory that is no longer expected to be sold at its original carrying value. Monitoring this charge helps investors assess the quality of inventory management and the risk of future margin compression.

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