Array Technologies, Inc. financial data

Symbol
ARRY on Nasdaq
Location
Albuquerque, NM
Fiscal year end
31 December
Latest financial report
10-Q - Q3 2025 - 05 Nov 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 219% % -13%
Quick Ratio 42% % -20%
Debt-to-equity -1386% % -343%
Return On Equity 40% %
Return On Assets -2.2% % 61%
Operating Margin -1.7% % 69%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 152,747,767 shares 0.53%
Entity Public Float $1,373,224,440 USD -53%
Common Stock, Value, Issued $152,000 USD 0.66%
Weighted Average Number of Shares Outstanding, Basic 152,727,000 shares 0.53%
Weighted Average Number of Shares Outstanding, Diluted 154,090,000 shares 1.4%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax $1,333,329,000 USD 36%
Cost of Revenue $975,787,000 USD 44%
Research and Development Expense $8,600,000 USD 16%
General and Administrative Expense $186,810,000 USD 18%
Operating Income (Loss) $23,235,000 USD 57%
Nonoperating Income (Expense) $3,211,000 USD 86%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $26,446,000 USD 66%
Income Tax Expense (Benefit) $6,946,000 USD -57%
Net Income (Loss) Attributable to Parent $33,392,000 USD 65%
Earnings Per Share, Basic 0 USD/shares 36%
Earnings Per Share, Diluted 0 USD/shares 37%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value $221,516,000 USD -33%
Accounts Receivable, after Allowance for Credit Loss, Current $378,592,000 USD 34%
Inventory, Net $180,885,000 USD -7.6%
Other Assets, Current $17,139,000 USD
Assets, Current $866,549,000 USD -4%
Deferred Income Tax Assets, Net $17,312,000 USD 10%
Property, Plant and Equipment, Net $54,664,000 USD 98%
Operating Lease, Right-of-Use Asset $16,384,000 USD -26%
Intangible Assets, Net (Excluding Goodwill) $244,484,000 USD -19%
Goodwill $245,215,000 USD -2.3%
Other Assets, Noncurrent $182,937,000 USD 181%
Assets $1,611,161,000 USD 3.1%
Accounts Payable, Current $231,876,000 USD 55%
Employee-related Liabilities, Current $13,068,000 USD -17%
Contract with Customer, Liability, Current $95,387,000 USD -15%
Liabilities, Current $458,489,000 USD 22%
Deferred Income Tax Liabilities, Net $22,042,000 USD -60%
Operating Lease, Liability, Noncurrent $15,128,000 USD -22%
Other Liabilities, Noncurrent $50,467,000 USD 199%
Liabilities $1,206,572,000 USD 9.1%
Accumulated Other Comprehensive Income (Loss), Net of Tax $7,799,000 USD -2589%
Retained Earnings (Accumulated Deficit) $277,113,000 USD -14%
Stockholders' Equity Attributable to Parent $46,717,000 USD -172%
Liabilities and Equity $1,611,161,000 USD 3.1%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities $13,059,000 USD -127%
Net Cash Provided by (Used in) Financing Activities $1,725,000 USD 62%
Net Cash Provided by (Used in) Investing Activities $2,352,000 USD 1.4%
Common Stock, Shares Authorized 1,000,000,000 shares 0%
Common Stock, Shares, Issued 152,747,767 shares 0.54%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect $14,648,000 USD -138%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $223,103,000 USD -33%
Interest Paid, Excluding Capitalized Interest, Operating Activities $27,348,000 USD -82%
Deferred Tax Assets, Valuation Allowance $11,181,000 USD 374%
Deferred Tax Assets, Gross $42,255,000 USD 7.9%
Operating Lease, Liability $26,659,000 USD
Depreciation $4,900,000 USD 22%
Payments to Acquire Property, Plant, and Equipment $2,352,000 USD -1.8%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent $40,901,000 USD 65%
Lessee, Operating Lease, Liability, to be Paid $45,086,000 USD
Property, Plant and Equipment, Gross $83,134,000 USD 61%
Operating Lease, Liability, Current $5,600,000 USD -2.5%
Lessee, Operating Lease, Liability, to be Paid, Year Two $2,531,000 USD
Lessee, Operating Lease, Liability, to be Paid, Year One $2,451,000 USD
Operating Lease, Weighted Average Discount Rate, Percent 0.08 pure 0%
Deferred Income Tax Expense (Benefit) $1,024,000 USD
Lessee, Operating Lease, Liability, Undiscounted Excess Amount $18,427,000 USD
Lessee, Operating Lease, Liability, to be Paid, Year Three $2,601,000 USD
Deferred Tax Assets, Operating Loss Carryforwards $4,247,000 USD 95%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 4,500,000 shares 0%
Unrecognized Tax Benefits $714,000 USD
Lessee, Operating Lease, Liability, to be Paid, Year Four $2,679,000 USD
Additional Paid in Capital $238,043,000 USD -23%
Amortization of Intangible Assets $39,600,000 USD -20%
Deferred Tax Assets, Net of Valuation Allowance $31,074,000 USD -16%
Share-based Payment Arrangement, Expense $4,600,000 USD 130%
Interest Expense $42,438,000 USD 4.8%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%