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Warranty provision at other companies

Astec Industries logo
Astec IndustriesASTE
$3M-51.6%
Shoals Technologies Group, Inc. logo
Shoals Technologies Group, Inc.SHLS
$527K+105%
Ciena logo
CienaCIEN
$8.5M+69.4%
Enphase Energy logo
Enphase EnergyENPH
-$9.84M-193%
Itron logo
ItronITRI
$2.08M+761%
SolarEdge Technologies logo
SolarEdge TechnologiesSEDG
$8.11M-52.6%

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/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 arry:ProductWarrantyExpenseProvision.

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 warranty provision?
Array Technologies, Inc. (ARRY) reported warranty provision of $3.34M in Q1 2026.
How has Array Technologies, Inc.'s warranty provision changed year-over-year?
Array Technologies, Inc.'s warranty provision increased by 94.2% year-over-year, from $1.72M to $3.34M.
What is the long-term trend for Array Technologies, Inc.'s warranty provision?
Over 2 years (2023 to 2025), Array Technologies, Inc.'s warranty provision has grown at a 91.8% compound annual growth rate (CAGR), from $4.69M to $17.27M.
What does warranty provision mean?
This reflects the estimated costs a company expects to incur for future repairs, replacements, or service obligations under product warranties provided to customers. It serves as a leading indicator of product quality and potential future cash outflows related to reliability issues.