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Other financials

Income statement

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Revenue$342.1M-5.6%
Gross profit$99.6M+2.6%
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:OperatingIncomeLoss.

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
Change in fair value of contingent consideration2,441150(145)
Depreciation and amortization8,0735,64416,15010,993
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

Item 1. Unaudited Condensed Consolidated Financial Statements

FAQ

What is Array Technologies, Inc.'s operating income?
Array Technologies, Inc. (ARRY) reported operating income of $34.77M in Q2 2026.
How has Array Technologies, Inc.'s operating income changed year-over-year?
Array Technologies, Inc.'s operating income decreased by 25.0% year-over-year, from $46.38M to $34.77M.
What is the long-term trend for Array Technologies, Inc.'s operating income?
Over 3 years (2021 to 2025), Array Technologies, Inc.'s operating income has grown at a 5.4% compound annual growth rate (CAGR), from -$24.74M to -$29M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

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