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Gross margin at other companies

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39.4%+2.4pp
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Enphase EnergyENPH
44.2%-3.7pp

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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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

Calculated from Array Technologies, Inc.’s reported figures.

Based on trailing twelve months.

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 gross margin?
Array Technologies, Inc. (ARRY) reported gross margin of 23.7% in Q1 2026.
How has Array Technologies, Inc.'s gross margin changed year-over-year?
Array Technologies, Inc.'s gross margin decreased by 21.0% year-over-year, from 30% to 23.7%.
What is the long-term trend for Array Technologies, Inc.'s gross margin?
Over 5 years (2020 to 2025), Array Technologies, Inc.'s gross margin has grown at a 0.0% compound annual growth rate (CAGR), from 23.2% to 23.2%.
What does gross margin mean?
Gross profit (revenue minus cost of revenue) as a percentage of revenue, on a trailing-twelve-month basis. Measures how much of each sales dollar survives the direct cost of producing the goods or services sold.