Array Technologies, Inc. (ARRY)
NASDAQ: ARRY · Real-Time Price · USD
4.840
+0.040 (0.83%)
At close: Nov 13, 2026, 4:00 PM EST
4.800
-0.040 (-0.83%)
After-hours: Nov 13, 2026, 7:30 PM EST
Array Technologies Balance Sheet
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Assets
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash & Equivalents | 143.28 | 244.39 | 362.99 | 249.08 | 133.9 | 367.67 |
Cash & Short-Term Investments | 143.28 | 244.39 | 362.99 | 249.08 | 133.9 | 367.67 |
Cash Growth | -35.32% | -32.67% | 45.73% | 86.02% | -63.58% | 239.05% |
Accounts Receivable | 329.46 | 271.58 | 275.84 | 332.15 | 421.18 | 236.01 |
Other Receivables | 26.22 | - | - | - | 3.53 | 9.05 |
Receivables | 355.68 | 271.58 | 275.84 | 332.15 | 424.72 | 245.06 |
Inventory | 167.49 | 150.37 | 200.82 | 161.96 | 233.16 | 205.65 |
Prepaid Expenses | 32.97 | 49.11 | 42.43 | 40.69 | 39.43 | 33.65 |
Restricted Cash | - | 1.6 | 1.15 | - | - | - |
Other Current Assets | 36.24 | 152 | 115.5 | 48.4 | - | - |
Total Current Assets | 735.66 | 869.04 | 998.72 | 832.28 | 831.21 | 852.03 |
Property, Plant & Equipment | 161.74 | 155.31 | 42.61 | 49.98 | 40.94 | 21.94 |
Long-Term Investments | - | - | 3 | - | - | 12 |
Goodwill | 231.77 | 135.17 | 160.19 | 435.59 | 416.18 | 69.73 |
Other Intangible Assets | 274.64 | 238.58 | 181.41 | 354.39 | 386.36 | 174.75 |
Long-Term Deferred Tax Assets | 24.98 | 23.97 | 17.75 | 15.87 | 16.47 | 9.35 |
Other Long-Term Assets | 156.17 | 29.72 | 22.32 | 18.63 | 14.89 | 3.18 |
Total Assets | 1,585 | 1,452 | 1,426 | 1,707 | 1,706 | 1,143 |
Liabilities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Accounts Payable | 199.97 | 143.99 | 172.37 | 119.5 | 170.43 | 92 |
Accrued Expenses | 101.53 | 24.55 | 17.78 | 26.06 | 54.9 | 38.49 |
Current Portion of Long-Term Debt | 3.24 | 10.32 | 30.71 | 21.47 | 38.69 | 4.3 |
Current Portion of Leases | 8.47 | 7.66 | 5.6 | 5.74 | 6.51 | 5.91 |
Current Income Taxes Payable | - | 4.69 | 5.23 | 5.75 | 6.88 | 0.06 |
Current Unearned Revenue | 108.48 | 128.43 | 119.78 | 66.49 | 178.92 | 99.58 |
Other Current Liabilities | 32.29 | 57.37 | 86.35 | 90.67 | 8.93 | 4.97 |
Total Current Liabilities | 453.99 | 377.01 | 437.81 | 335.69 | 465.26 | 245.31 |
Long-Term Debt | 658.55 | 658.66 | 646.57 | 660.95 | 720.35 | 711.06 |
Long-Term Leases | 89.12 | 89.55 | 15.13 | 19.48 | 13.9 | 5.36 |
Long-Term Deferred Tax Liabilities | 19.48 | 22.13 | 21.4 | 66.86 | 72.61 | - |
Other Long-Term Liabilities | 26.16 | 44.04 | 16.25 | 13.26 | 10.08 | 13 |
Total Liabilities | 1,283 | 1,191 | 1,137 | 1,096 | 1,282 | 974.72 |
Shareholders' Equity
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Common Stock | 0.16 | 0.15 | 0.15 | 0.15 | 0.15 | 0.14 |
Additional Paid-In Capital | 189.25 | 226.85 | 297.78 | 344.52 | 383.18 | 202.56 |
Retained Earnings | -388.32 | -422.86 | -370.62 | -130.23 | -267.47 | -271.9 |
Comprehensive Income & Other | -9.45 | -10.48 | -45.4 | 44.81 | 8.43 | - |
Total Common Equity | -208.36 | -206.34 | -118.1 | 259.25 | 124.28 | -69.21 |
Shareholders' Equity | 301.62 | 260.39 | 288.84 | 610.51 | 423.85 | 168.26 |
Total Liabilities & Equity | 1,585 | 1,452 | 1,426 | 1,707 | 1,706 | 1,143 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Total Debt | 759.38 | 766.19 | 698.01 | 707.64 | 779.45 | 726.62 |
Net Cash (Debt) | -616.1 | -521.81 | -335.02 | -458.56 | -645.55 | -358.95 |
Net Cash Growth | - | - | - | - | - | - |
Net Cash Per Share | -4.02 | -3.42 | -2.21 | -3.02 | -4.31 | -2.76 |
Filing Date Shares Outstanding | 154.27 | 152.85 | 152.01 | 151.29 | 150.77 | 150.17 |
Total Common Shares Outstanding | 154.27 | 152.78 | 151.95 | 151.24 | 150.51 | 135.03 |
Working Capital | 281.67 | 492.03 | 560.91 | 496.59 | 365.95 | 606.73 |
Book Value Per Share | -1.35 | -1.35 | -0.78 | 1.71 | 0.83 | -0.51 |
Tangible Book Value | -714.76 | -580.09 | -459.69 | -530.73 | -678.27 | -313.69 |
Tangible Book Value Per Share | -4.63 | -3.80 | -3.03 | -3.51 | -4.51 | -2.32 |
Land | 0.3 | 1.67 | 1.59 | 1.63 | 1.58 | 1.34 |
Buildings | 26.31 | 12.48 | 9.11 | 9.34 | 7.41 | 2.45 |
Machinery | 67.83 | 56.21 | 36.35 | 31.53 | 26.86 | 16.24 |
Construction In Progress | 11.4 | 18.18 | 3.95 | 6.2 | 5.14 | 1.88 |