Array Technologies, Inc. (ARRY)

ARRY Cash Flow Statement

Operating, investing, and financing cash flow analysis

ARRY Quarterly Cash Flow Statement (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
Cash from Operations (CFO)	85.423M	-29.421M	43.640M	27.363M	43.841M	-13.059M	57.586M	44.935M	3.957M
Net Income	-66.984M	1.997M	-145.746M	33.503M	43.262M	16.746M	-126.903M	-141.354M	25.698M
Depreciation & Amortization	53.082M	15.365M	15.652M	12.169M	9.896M	9.571M	12.846M	8.880M	12.971M
Stock-Based Compensation	16.714M	3.941M	4.228M	4.647M	3.898M	2.798M	3.498M	2.015M	910K
Change in Accounts Receivable	1.310B	292.327M	271.578M	378.592M	367.175M	282.575M	275.838M	282.117M	309.719M
Change in Inventory	—	—	—	—	—	—	—	—	—
Change in Accounts Payable	—	—	—	—	—	—	—	—	—
Change in Working Capital	-56.769M	-50.589M	33.977M	-34.610M	-5.547M	-48.784M	28.569M	8.272M	-36.689M
Cash from Investing	—	—	—	—	—	—	—	—	—
Capital Expenditures (CapEx)	-27.131M	-7.511M	-7.476M	-5.513M	-6.631M	-2.352M	-12.977M	-1.077M	-2.131M
Acquisitions	0.00	0.00	0.00	0.00	0.00	0.00	-4K	-39K	29K
Cash from Financing	—	—	—	—	—	—	—	—	—
Debt Repayment	—	—	—	—	—	—	—	—	—
Stock Repurchased (Buybacks)	0.00	0.00	0.00	0.00	0.00	0.00	-18K	-1.154M	0.00
Dividends Paid	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Free Cash Flow (FCF)	58.292M	-36.932M	36.164M	21.850M	37.210M	-15.411M	44.609M	43.858M	1.826M
Net Change in Cash	-147.500M	-43.991M	22.881M	-155.667M	29.277M	-14.648M	31.769M	50.052M	-5.300M

ARRY Annual Cash Flow Statement (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
Cash from Operations (CFO)	101.785M	153.980M	231.955M	141.493M	-263.187M	-122.205M	386.073M	-11.727M
Net Income	-52.235M	-240.394M	137.240M	4.432M	-50.403M	59.073M	39.745M	-60.764M
Depreciation & Amortization	47.288M	52.779M	54.826M	101.059M	25.946M	27.474M	27.316M	28.408M
Stock-Based Compensation	15.571M	10.349M	14.540M	14.982M	13.757M	5.609M	799K	0.00
Change in Accounts Receivable	271.578M	275.838M	332.152M	421.183M	236.009M	118.694M	96.251M	51.557M
Change in Inventory	—	—	—	—	—	—	—	—
Change in Accounts Payable	—	—	—	—	—	—	—	—
Change in Working Capital	-54.964M	26.636M	7.510M	44.343M	-261.156M	-246.823M	289.308M	31.055M
Cash from Investing	—	—	—	—	—	—	—	—
Capital Expenditures (CapEx)	-21.972M	-7.305M	-16.989M	-10.619M	-3.357M	-1.338M	-1.697M	-6.430M
Acquisitions	-164.916M	34K	0.00	-373.818M	0.00	0.00	0.00	0.00
Cash from Financing	—	—	—	—	—	—	—	—
Debt Repayment	—	—	—	—	—	—	—	—
Stock Repurchased (Buybacks)	0.00	-1.752M	0.00	0.00	0.00	0.00	0.00	0.00
Dividends Paid	0.00	0.00	0.00	-18.670M	-8.051M	-589.000M	0.00	0.00
Free Cash Flow (FCF)	79.813M	146.675M	214.966M	130.874M	-266.544M	-123.543M	384.376M	-18.157M
Net Change in Cash	-118.157M	115.061M	115.179M	-233.769M	259.229M	-252.816M	320.431M	32.706M

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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