What does current portion of lease liabilities mean?

This represents the portion of total lease obligations that are due for payment within the next twelve months. It reflects the immediate cash outflow requirements associated with operating and finance leases. Tracking this metric is essential for evaluating short-term liquidity and the company's ability to meet its near-term contractual lease commitments.

Array Technologies, Inc. ARRY Current portion of lease liabilities

Current portion of lease liabilities at other companies

Distribution Solutions Group, Inc.DSGR

$20.91M+12.0%

Biglari Holdings Inc.BH

$12.61M-16.3%

TIC Solutions TIC

$33.58M+97.2%

TrimasTRS

$7.19M-21.2%

Grocery Outlet Holding Corp.GO

$89.88M+21.5%

NOVA, Inc.NOV

$100M-2.0%

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/S1×-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

See full

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:OperatingLeaseAndFinanceLeaseLiabilityCurrent.

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 current portion of lease liabilities?: Array Technologies, Inc. (ARRY) reported current portion of lease liabilities of $7.59M in Q1 2026.
What does current portion of lease liabilities mean?: This represents the portion of total lease obligations that are due for payment within the next twelve months. It reflects the immediate cash outflow requirements associated with operating and finance leases. Tracking this metric is essential for evaluating short-term liquidity and the company's ability to meet its near-term contractual lease commitments.