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Discontinued — last reported Q1 '26

Invested capital at other companies

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18.8%+0.1pp
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12.2%+0.5pp
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Cabot CorporationCBT
14.7%-6.0pp
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UnifirstUNF
6.2%-0.9pp
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Envista Holdings CorporationNVST
3.4%+1.8pp
Liberty Broadband Corporation logo
Liberty Broadband CorporationLBRDK
-0.3%-0.1pp

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+4.8%
Enterprise value$1.74B+19.6%
P/S-0.1×

Profitability

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Gross margin23.7%-6.3pp
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.

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 invested capital?
Array Technologies, Inc. (ARRY) reported invested capital of $346.83M in Q1 2026.
How has Array Technologies, Inc.'s invested capital changed year-over-year?
Array Technologies, Inc.'s invested capital increased by 49.7% year-over-year, from $231.73M to $346.83M.
What is the long-term trend for Array Technologies, Inc.'s invested capital?
Over 5 years (2020 to 2025), Array Technologies, Inc.'s invested capital has grown at a 4.5% compound annual growth rate (CAGR), from $252.44M to $313.87M.
What does invested capital mean?
Total debt plus shareholders' equity minus cash, at the quarter end. The capital actually put to work in the operating business — the denominator of return on invested capital (ROIC).