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Operating margin at other companies

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11.2%-0.1pp
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Solaris Energy InfrastructureSEI
23.7%+6.2pp
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Enphase EnergyENPH
6.9%-2.9pp

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/S+0.2×

Profitability

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Gross margin23.7%-6.3pp
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.

Based on trailing twelve months.

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 operating margin?
Array Technologies, Inc. (ARRY) reported operating margin of -4.1% in Q1 2026.
How has Array Technologies, Inc.'s operating margin changed year-over-year?
Array Technologies, Inc.'s operating margin increased by 79.1% year-over-year, from -19.5% to -4.1%.
What is the long-term trend for Array Technologies, Inc.'s operating margin?
Over 4 years (2020 to 2025), Array Technologies, Inc.'s operating margin has grown at a -32.9% compound annual growth rate (CAGR), from 11.2% to -2.3%.
What does operating margin mean?
Operating income as a percentage of revenue (trailing twelve months). Captures profitability from core operations after both cost of revenue and operating expenses, but before interest and taxes.