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Discontinued — last reported Q1 '25

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Segments

By segment

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Array Legacy Operations$1.31B+19.9%
STI Operations$227.46M-49.7%

Other financials

Income statement

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Revenue$342.1M-5.6%
Gross profit$99.6M+2.6%
Operating income$34.8M-25.0%
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+2.1%
Enterprise value$1.25B+12.9%
P/S0.7×0.0×

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 arry:AssetsAdjusted.

The source filing: Array Technologies, Inc.’s 10-Q, filed May 6, 2025.

Filed
May 6, 2025
Fiscal quarter
Q1 FY2025
Calendar quarter
Q1 2025
Accession
0001820721-25-000060
Line itemArray Legacy OperationsSTI OperationsConsolidated
Total operating expenses(49,144)
Total other expense, net(4,004)
Income (loss) before income taxes$23,280
Segment assets1,005,615420,1431,425,758
Capital expenditures2,2141382,352
Depreciation and amortization6,9012,6709,571
Interest income3,0472723,319
Interest expense7,5225138,035

Item 1. Unaudited Condensed Consolidated Financial Statements

FAQ

What is Array Technologies, Inc.'s segment assets?
Array Technologies, Inc. (ARRY) reported segment assets of $1.43B in Q1 2025.
What does segment assets mean?
Segment assets as reported by Array Technologies, Inc. Common Stock.

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