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Segments

By segment

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Array U.S. Operations$135.17M+93.9%

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-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:Goodwill.

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 itemJune 30, 2026December 31, 2025
Total current assets891,786869,044
Property, plant and equipment, net68,18058,225
Lease assets92,38097,088
Goodwill135,173135,173
Other intangible assets, net212,472238,579
Deferred income tax assets24,84323,965
Other assets109,20229,718
Total assets$1,534,036$1,451,792

Item 1. Unaudited Condensed Consolidated Financial Statements

FAQ

What is Array Technologies, Inc.'s goodwill?
Array Technologies, Inc. (ARRY) reported goodwill of $135.17M in Q2 2026.
How has Array Technologies, Inc.'s goodwill changed year-over-year?
Array Technologies, Inc.'s goodwill decreased by 21.7% year-over-year, from $172.61M to $135.17M.
What is the long-term trend for Array Technologies, Inc.'s goodwill?
Over 5 years (2020 to 2025), Array Technologies, Inc.'s goodwill has grown at a 14.2% compound annual growth rate (CAGR), from $69.73M to $135.17M.
What does goodwill mean?
The excess of acquisition cost over the fair value of net identifiable assets acquired — representing brand value, customer relationships, and synergies from past M&A.

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