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Segments

By segment

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Array Legacy Operations$5.49M-31.5%
STI Operations$293K-60.8%

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:InterestExpenseNonoperating.

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 itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Total operating expenses64,83950,748120,73499,892
Income from operations34,76546,37641,87473,660
Interest income2,4023,8004,7897,119
Interest expense(5,786)(8,768)(11,349)(16,803)
Foreign currency gain, net5291,3436902,032
Gain on extinguishment of debts, net14,20714,207
Other expense, net(187)(79)(156)(56)
Total other (expense) income, net(3,042)10,503(6,026)6,499

Item 1. Unaudited Condensed Consolidated Financial Statements

FAQ

What is Array Technologies, Inc.'s interest expense?
Array Technologies, Inc. (ARRY) reported interest expense of $5.79M in Q2 2026.
How has Array Technologies, Inc.'s interest expense changed year-over-year?
Array Technologies, Inc.'s interest expense decreased by 34.0% year-over-year, from $8.77M to $5.79M.
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.

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