Array Technologies, Inc. (ARRY)

ARRY Balance Sheet

Assets, liabilities, and equity analysis

ARRY Quarterly Balance Sheet (USD)

Quarterly Report	TTM	03/31/2026	12/31/2025	09/30/2025	06/30/2025	03/31/2025	12/31/2024	09/30/2024	06/30/2024
Total Current Assets	879.419M	879.419M	869.044M	866.549M	1.038B	976.291M	998.724M	902.282M	848.937M
Cash & Cash Equivalents	200.702M	200.702M	244.388M	221.516M	377.271M	348.324M	362.992M	332.372M	282.320M
Short-Term Investments	0.00	0.00	1.000M	0.00	0.00	0.00	0.00	0.00	0.00
Cash & Short-Term Investments	200.702M	200.702M	244.388M	221.516M	377.271M	348.324M	362.992M	332.372M	282.320M
Accounts Receivable	292.327M	292.327M	271.578M	378.592M	367.175M	282.575M	275.838M	282.117M	309.719M
Inventory	167.973M	167.973M	150.374M	180.885M	177.966M	186.875M	200.818M	195.697M	165.639M
Total Assets	1.475B	1.475B	1.452B	1.611B	1.542B	1.426B	1.426B	1.563B	1.652B
Property, Plant & Equipment	156.667M	156.667M	155.313M	54.664M	35.081M	28.740M	26.222M	27.629M	26.677M
Goodwill	135.173M	135.173M	135.173M	245.215M	172.608M	164.221M	160.189M	250.873M	402.501M
Intangible Assets	224.921M	224.921M	238.579M	244.484M	174.346M	176.347M	181.409M	301.599M	307.591M
Long-Term Investments	0.00	0.00	13.900M	0.00	55.700M	23.100M	0.00	37.300M	22.600M
Total Current Liabilities	390.403M	390.403M	377.012M	458.489M	468.335M	408.493M	437.814M	374.888M	337.579M
Accounts Payable	142.172M	142.172M	143.994M	231.876M	161.248M	153.781M	172.368M	149.202M	112.489M
Short-Term Debt	9.464M	9.464M	10.315M	22.595M	36.257M	34.472M	30.714M	28.055M	29.221M
Total Liabilities	1.207B	1.207B	1.191B	1.207B	1.177B	1.102B	1.137B	1.106B	1.073B
Long-Term Debt	656.958M	656.958M	658.664M	658.378M	657.591M	644.520M	646.570M	648.318M	651.522M
Total Debt	763.206M	763.206M	766.193M	680.973M	693.848M	678.992M	698.012M	676.373M	680.743M
Net Debt (Cash)	562.504M	562.504M	521.805M	459.457M	316.577M	330.668M	335.020M	344.001M	398.423M
Total Shareholders' Equity	267.884M	267.884M	260.388M	404.589M	365.295M	323.600M	288.835M	457.079M	578.475M
Common Stock	155K	155K	152K	152K	151K	151K	151K	151K	151K
Retained Earnings	-420.862M	-420.862M	-422.859M	-277.113M	-310.616M	-353.878M	-370.624M	-243.721M	-102.367M
Current Ratio	2.25	2.25	2.31	1.89	2.22	2.39	2.28	2.41	2.51
Debt to Equity Ratio	2.85	2.85	2.94	1.68	1.90	2.10	2.42	1.48	1.18

ARRY Annual Balance Sheet (USD)

Annual Report	12/31/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018
Total Current Assets	869.044M	998.724M	832.281M	831.209M	852.033M	375.175M	619.684M	173.876M
Cash & Cash Equivalents	244.388M	362.992M	249.080M	133.901M	367.670M	108.441M	310.262M	40.826M
Short-Term Investments	1.000M	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Cash & Short-Term Investments	244.388M	362.992M	249.080M	133.901M	367.670M	108.441M	310.262M	40.826M
Accounts Receivable	271.578M	275.838M	332.152M	424.715M	245.061M	135.852M	96.879M	62.126M
Inventory	150.374M	200.818M	161.964M	233.159M	205.653M	118.459M	148.024M	55.172M
Total Assets	1.452B	1.426B	1.707B	1.706B	1.143B	656.024M	923.581M	509.861M
Property, Plant & Equipment	155.313M	26.222M	53.971M	23.174M	10.692M	9.774M	10.660M	11.029M
Goodwill	135.173M	160.189M	435.591M	416.184M	69.727M	69.727M	69.727M	69.727M
Intangible Assets	238.579M	181.409M	350.396M	386.364M	174.753M	198.260M	223.510M	248.760M
Long-Term Investments	13.900M	0.00	0.00	0.00	0.00	-4.533M	0.00	-6.469M
Total Current Liabilities	377.012M	437.814M	335.691M	465.262M	245.305M	289.103M	590.620M	134.571M
Accounts Payable	143.994M	172.368M	119.498M	170.430M	92.002M	84.987M	135.506M	30.025M
Short-Term Debt	10.315M	30.714M	21.472M	38.691M	4.300M	4.313M	97.749M	59.148M
Total Liabilities	1.191B	1.137B	1.096B	1.282B	974.722M	736.923M	618.430M	245.387M
Long-Term Debt	658.664M	646.570M	660.948M	720.352M	711.056M	423.970M	0.00	95.879M
Total Debt	766.193M	698.012M	730.471M	769.596M	726.624M	428.283M	97.749M	155.027M
Net Debt (Cash)	521.805M	335.020M	481.391M	635.695M	358.954M	319.842M	-212.513M	114.201M
Total Shareholders' Equity	260.388M	288.835M	610.508M	423.851M	168.257M	-80.899M	305.151M	264.474M
Common Stock	152K	151K	151K	150K	135K	127K	305.151M	264.474M
Retained Earnings	-422.859M	-370.624M	-130.230M	-267.470M	-271.902M	-221.499M	0.00	0.00
Current Ratio	2.31	2.28	2.48	1.79	3.47	1.30	1.05	1.29
Debt to Equity Ratio	2.94	2.42	1.20	1.82	4.32	-5.29	0.32	0.59

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.

About Array Technologies, Inc.

Array Technologies, Inc. (ARRY) develops, manufactures, and provides solar tracking solutions and complementary products for customers both within the United States and internationally. A key offering is the DuraTrack HZ v3, a system designed for single-axis solar panel tracking. Additionally, the company offers SmarTrack, an intelligent software powered by machine learning that continuously determines the optimal alignment for solar arrays in real time to maximize energy output. This enterprise was established in 1989 and its corporate headquarters are situated in Albuquerque, New Mexico.

Albuquerque, NM

1,021 employees

arraytechinc.com

Energy / Solar

Sector: Energy
Industry: Solar
CEO: Kevin G. Hostetler

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