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Net Income at other companies

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-$297K-5.3%
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$150.6M-3.9%
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$21.44M+303%
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Enphase EnergyENPH
-$7.41M-125%

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%
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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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

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

Tagged under the XBRL concept us-gaap:NetIncomeLoss.

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 net income?
Array Technologies, Inc. (ARRY) reported net income of $2M in Q1 2026.
How has Array Technologies, Inc.'s net income changed year-over-year?
Array Technologies, Inc.'s net income decreased by 88.1% year-over-year, from $16.75M to $2M.
What is the long-term trend for Array Technologies, Inc.'s net income?
Over 3 years (2021 to 2025), Array Technologies, Inc.'s net income has grown at a 1.2% compound annual growth rate (CAGR), from -$50.4M to -$52.24M.
What does net income mean?
The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.