What is Array Technologies, Inc.'s interest expense?

Array Technologies, Inc. (ARRY) reported interest expense of $5.56M in Q1 2026.

How has Array Technologies, Inc.'s interest expense changed year-over-year?

Array Technologies, Inc.'s interest expense decreased by 30.8% year-over-year, from $8.04M to $5.56M.

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

Over 4 years (2021 to 2025), Array Technologies, Inc.'s interest expense has grown at a -6.4% compound annual growth rate (CAGR), from $35.68M to $27.33M.

What does interest expense mean?

Cost of borrowing — interest paid or accrued on bonds, bank loans, credit facilities, finance leases, and other debt obligations.

Array Technologies, Inc. ARRY Interest Expense

Interest Expense at other companies

Shoals Technologies Group, Inc.SHLS

$2.9M+20.2%

Nextpower Inc. NXT

-$338K+85.6%

SolarEdge TechnologiesSEDG

$344K+19.0%

Solaris Energy InfrastructureSEI

$4.77M-23.0%

Enphase EnergyENPH

$633K-69.1%

SunrunRUN

-$263.94M-16.1%

Segments

By segment

See full

Array Legacy Operations$5.38M-28.5%

STI Operations$183K-64.3%

Other financials

Income statement

See full

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

See full

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

See full

Market cap$1.18B+4.8%

Enterprise value$1.74B+19.6%

P/S1×-0.1×

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

Reported directly by Array Technologies, Inc. in its filing.

Tagged under the XBRL concept us-gaap:InterestExpenseNonoperating.

The official record: Array Technologies, Inc.’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

Ask your AI about Array Technologies, Inc.'s interest expense.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Array Technologies, Inc.'s interest expense?: Array Technologies, Inc. (ARRY) reported interest expense of $5.56M in Q1 2026.
How has Array Technologies, Inc.'s interest expense changed year-over-year?: Array Technologies, Inc.'s interest expense decreased by 30.8% year-over-year, from $8.04M to $5.56M.
What is the long-term trend for Array Technologies, Inc.'s interest expense?: Over 4 years (2021 to 2025), Array Technologies, Inc.'s interest expense has grown at a -6.4% compound annual growth rate (CAGR), from $35.68M to $27.33M.
What does interest expense mean?: Cost of borrowing — interest paid or accrued on bonds, bank loans, credit facilities, finance leases, and other debt obligations.