What is Array Technologies, Inc.'s lease assets?

Array Technologies, Inc. (ARRY) reported lease assets of $94.53M in Q1 2026.

What does lease assets mean?

This represents the long-term portion of right-of-use assets recognized under operating and finance lease agreements. It reflects the capitalized value of the company's right to use leased property, plant, or equipment over a period exceeding one year. Monitoring this balance helps investors assess the scale of the company's long-term leased infrastructure and its impact on the balance sheet.

Array Technologies, Inc. ARRY Lease assets

Lease assets at other companies

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$796.9M-6.5%

WD-40 CompanyWDFC

$12.74M+4.9%

Pediatrix Medical GroupMD

$36.87M-7.5%

Perrigo CompanyPRGO

$162.3M-4.6%

Syndax PharmaceuticalsSNDX

$0-100%

AtkoreATKR

$144.58M-11.6%

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+49.3%

Enterprise value$1.74B+55.8%

P/S1×+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 arry:OperatingLeaseAndFinanceLeaseRightOfUseAsset.

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 lease assets?: Array Technologies, Inc. (ARRY) reported lease assets of $94.53M in Q1 2026.
What does lease assets mean?: This represents the long-term portion of right-of-use assets recognized under operating and finance lease agreements. It reflects the capitalized value of the company's right to use leased property, plant, or equipment over a period exceeding one year. Monitoring this balance helps investors assess the scale of the company's long-term leased infrastructure and its impact on the balance sheet.