What is Array Technologies, Inc.'s gross profit?

Array Technologies, Inc. (ARRY) reported gross profit of $63M in Q1 2026.

How has Array Technologies, Inc.'s gross profit changed year-over-year?

Array Technologies, Inc.'s gross profit decreased by 17.6% year-over-year, from $76.43M to $63M.

What is the long-term trend for Array Technologies, Inc.'s gross profit?

Over 4 years (2021 to 2025), Array Technologies, Inc.'s gross profit has grown at a 42.4% compound annual growth rate (CAGR), from $72.57M to $298.55M.

What does gross profit mean?

Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.

Array Technologies, Inc. ARRY Gross Profit

Gross Profit at other companies

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$78.87M+12.9%

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$41.01M+45.7%

Nextpower Inc. NXT

$297.38M-2.7%

SolarEdge TechnologiesSEDG

$68.28M+289%

Enphase EnergyENPH

$100.39M-40.3%

AmerescoAMRC

$56.46M+8.8%

Segments

By segment

See full

Array Legacy Operations$65.26M-0.6%

STI Operations-$2.25M-121%

Other financials

Income statement

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Revenue$223.4M-26.1%

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

See full

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/S1×+0.2×

Profitability

See full

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

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

$223.4Mtotal revenue−$160.4Mtotal cost of revenue=$63M

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 profit?: Array Technologies, Inc. (ARRY) reported gross profit of $63M in Q1 2026.
How has Array Technologies, Inc.'s gross profit changed year-over-year?: Array Technologies, Inc.'s gross profit decreased by 17.6% year-over-year, from $76.43M to $63M.
What is the long-term trend for Array Technologies, Inc.'s gross profit?: Over 4 years (2021 to 2025), Array Technologies, Inc.'s gross profit has grown at a 42.4% compound annual growth rate (CAGR), from $72.57M to $298.55M.
What does gross profit mean?: Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.