What does lease liabilities, net of current portion mean?

This represents the long-term portion of lease obligations, excluding the amounts due within the next year, for both operating and finance leases. It captures the company's total future financial commitment for leased assets beyond the immediate short-term horizon. This metric is critical for assessing the company's long-term debt-like obligations and overall financial leverage.

Array Technologies, Inc. ARRY Lease liabilities, net of current portion

Lease liabilities, net of current portion at other companies

TrimasTRS

$35.47M-12.5%

OmerosOMER

$5.6M-53.1%

Distribution Solutions Group, Inc.DSGR

$96.41M+2.5%

UroGen PharmaURGN

$5.65M+98.8%

Gates Industrial CorporationGTES

$135.5M+6.4%

TIC Solutions TIC

$66.05M+62.1%

Other financials

Income statement

See full

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

See full

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

See full

Operating cash flow-$29.4M-125%

CapEx$7.5M+219%

Free cash flow-$36.9M-140%

Valuation

See full

Market cap$1.18B+4.8%

Enterprise value$1.74B+19.6%

P/S1×-0.1×

Profitability

See full

Gross margin23.7%-6.3pp

Operating margin-4.1%-1.8pp

Net margin-5.6%-2.4pp

FCF margin4.8%-3.3pp

Returns & leverage

See full

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:OperatingLeaseAndFinanceLeaseLiabilityNonCurrent.

The official record: Array Technologies, Inc.’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

Ask your AI about Array Technologies, Inc.'s lease liabilities, net of current portion.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Array Technologies, Inc.'s lease liabilities, net of current portion?: Array Technologies, Inc. (ARRY) reported lease liabilities, net of current portion of $89.2M in Q1 2026.
What does lease liabilities, net of current portion mean?: This represents the long-term portion of lease obligations, excluding the amounts due within the next year, for both operating and finance leases. It captures the company's total future financial commitment for leased assets beyond the immediate short-term horizon. This metric is critical for assessing the company's long-term debt-like obligations and overall financial leverage.