ARRY · XBRL financial data

Array Technologies financial statements, every quarter

The same tables from 12 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal quarters (ARRY's year ends in late December)

In millions of dollars	Q3 FY23Sep 30, 2023	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026
Revenue from contracts with customers	350	342*	153	256	231	275*	302	362	393	226*	223	342
Cost of revenue	263	257*	98	170	153	197*	226	265	288	207*	160	242
Gross profit	87	84*	55	86	78	78*	76	97	106	19*	63	100
Research and development	2	2*	2	2	2	1*	2	3	2	3*	3	5
General and administrative	37	44*	38	37	40	46*	44	45	52	57*	50	54
Total operating expenses	47	54*	47	46	211	221*	49	51	60	167*	56	65
Operating income (loss)	40	30*	8	40	(133)	(142)*	27	46	45	(148)*	7	35
Interest expense	13	9*	9	9	8	9*	8	9	5	5*	6	6
Other income (expense)	(0)	(1)*	1	(2)	(1)	1*	0	(0)	0	(1)*	0	(0)
Income tax expense (benefit)	7	0*	1	8	4	(23)*	7	14	10	(7)*	2	7
Net income (loss)	23	23*	2	26	(141)	(127)*	17	43	34	(146)*	2	24
Earnings per share, basic USD per share	0.07	—	(0.07)	0.08	(1.02)	—	0.02	0.19	0.12	—	(0.09)	0.05
Earnings per share, diluted USD per share	0.07	—	(0.07)	0.08	(1.02)	—	0.02	0.19	0.12	—	(0.09)	0.05
Weighted average shares, basic millions of shares	151	151*	151	152	152	152*	152	153	153	153*	153	154
Weighted average shares, diluted millions of shares	152	152*	151	152	152	152*	153	153	154	150*	153	156

Fiscal quarters (ARRY's year ends in late December)

In millions of dollars	Q3 FY23Sep 30, 2023	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026
Cash and cash equivalents	174	249	288	282	332	363	348	377	222	244	201	307
Accounts receivable	428	332	229	310	282	276	283	367	379	272	292	323
Inventory	216	162	179	166	196	201	187	178	181	150	168	156
Prepaid and other current assets	45	89	79	91	92	158	157	115	84	201	217	105
Total current assets	863	832	774	849	902	999	976	1,038	867	869	879	892
Property and equipment, net	30	32	27	27	28	26	29	35	55	58	62	68
Right-of-use asset	—	22	—	—	—	16	—	—	—	48	46	44
Goodwill	427	436	425	403	251	160	164	173	245	135	135	135
Total assets	1,779	1,707	1,629	1,652	1,563	1,426	1,426	1,542	1,611	1,452	1,475	1,534
Accounts payable	172	119	93	112	149	172	154	161	232	144	142	161
Accrued liabilities	—	—	—	—	—	—	—	—	—	54	63	102
Current portion of long-term debt	39	21	22	29	28	31	34	36	23	10	9	0
Total current liabilities	401	336	284	338	375	438	408	468	458	377	390	406
Long-term debt	659	661	658	652	648	647	645	658	658	659	657	658
Lease liability, non-current	—	19	—	—	—	15	—	—	—	47	46	45
Total liabilities	1,162	1,096	1,033	1,073	1,106	1,137	1,102	1,177	1,207	1,191	1,207	1,238
Accumulated deficit	(153)	(130)	(128)	(102)	(244)	(371)	(354)	(311)	(277)	(423)	(421)	(397)
Total stockholders' equity	278	259	231	200	64	(118)	(98)	(71)	(47)	(206)	(214)	(202)
Total liabilities and equity	1,779	1,707	1,629	1,652	1,563	1,426	1,426	1,542	1,611	1,452	1,475	1,534
Common shares outstanding (cover page) millions of shares	151	151	152	152	152	152	153	153	153	153	154	154

Fiscal quarters (ARRY's year ends in late December)

In millions of dollars	Q3 FY23Sep 30, 2023	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026
Net income (loss)	23	23*	2	26	(141)	(127)*	17	43	34	(146)*	2	24
Stock-based compensation	3*	3*	4	1*	2*	3*	3	4*	5*	4*	4	5*
Net cash from operating activities	72*	94*	48	4*	45*	58*	(13)	44*	27*	44*	(29)	121*
Purchases of property and equipment	2*	5*	2	2*	1*	2*	2	7*	6*	7*	8	8*
Net cash from investing activities	(2)*	(5)*	(2)	(2)*	11*	(16)*	(2)	(7)*	(170)*	(8)*	(8)	(8)*
Proceeds from issuing common stock	0*	0*	—	—	—	year only	—	—	—	—	—	—
Net cash from financing activities	(45)*	(17)*	(5)	0*	(8)*	0*	(2)	(11)*	(13)*	(13)*	(8)	(10)*
Net change in cash	18*	75*	39	(5)*	50*	32*	(15)	29*	(156)*	23*	(44)	105*

SIC 3674 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 3674 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-K, the year less the first three quarters; for a 10-Q, the year-to-date total less the earlier one.
A cell reading “not reported” means the filings give no figure for that quarter alone.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Runway	Quarter
Array Technologies	307	342	121*	154.0M	—	Q2 FY26 10-QJun 30, 2026
Solaredge Technologies	527	346	11*	61.5M	—	Q2 FY26 10-QJun 30, 2026
indie Semiconductor	139	64	(29)*	not reported	4.8 quarters	Q2 FY26 10-QJun 30, 2026
Kimball Electronics	89	372*	42*	24.0M	—	Q4 FY26 10-KJun 30, 2026
Ichor Holdings	214	329	(29)*	37.6M	8.8 quarters	Q3 FY26 10-QSep 25, 2026
Lightpath Technologies	93	not reported	(5.1)*	70.0M	18.2 quarters	Q4 FY26 10-KJun 30, 2026
Photronics	550	216	76*	59.0M	—	Q3 FY26 10-QAug 2, 2026
Nlight	296	83	21*	57.7M	—	Q2 FY26 10-QJun 30, 2026
Shoals Technologies Group	7.7	195	not reported	not reported	—	Q3 FY26 10-QSep 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.