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Array Technologies, Inc. ARRY Payments To Acquire Equipment On Lease

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Array Technologies, Inc. logo
Array Technologies, Inc.ARRY
$0-100%

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$854.74M+2.1%
Enterprise value$1.3B+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 us-gaap:PaymentsToAcquireEquipmentOnLease.

The source filing: Array Technologies, Inc.’s 10-K, filed February 25, 2026.

Filed
Feb 25, 2026, 5:21 PM EST
Fiscal year
FY2025
Accession
0001820721-26-000008
Line itemYear Ended December 31, 2025Year Ended December 31, 2024Year Ended December 31, 2023
Deferred revenue48955,563(111,986)
Other operating assets and liabilities(18,278)
Net cash provided by operating activities101,785153,980231,955
Investing activities:
Purchase of property, plant and equipment(21,972)(7,305)(16,989)
Acquisition, net of cash acquired(164,916)
Retirement/disposal of property, plant and equipment34168
Cash payments for the acquisition of right-of-use assets(11,276)

Item 16. Form 10–K Summary

FAQ

What is Array Technologies, Inc.'s payments to acquire equipment on lease?
Array Technologies, Inc. (ARRY) reported payments to acquire equipment on lease of $0 in Q4 2025.
How has Array Technologies, Inc.'s payments to acquire equipment on lease changed year-over-year?
Array Technologies, Inc.'s payments to acquire equipment on lease decreased by 100.0% year-over-year, from $2.82M to $0.
What does payments to acquire equipment on lease mean?
This represents cash outflows associated with the acquisition of capital equipment that is intended to be leased to customers or utilized under lease arrangements. It reflects the company's capital allocation strategy toward expanding its asset-based service offerings.

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