| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net income | 1,997 | -145,746 | 33,503 | 60,008 |
| Inventory reserve | NaN | 26,156 | 678 | 2,682 |
| Changes in working capital, net | NaN | NaN | 34,610 | 54,331 |
| Goodwill impairment | NaN | 102,560 | 0 | NaN |
| Gain on extinguishment of debt, net | NaN | 0 | 0 | 14,207 |
| Impairment of long-lived assets | NaN | 0 | NaN | NaN |
| Loss on disposal of fixed assets | NaN | NaN | NaN | -10 |
| Provision for bad debts | 195 | -89 | -909 | 1,910 |
| Deferred tax (benefit) expense | -1,596 | -3,553 | 6,994 | -246 |
| Depreciation and amortization | 9,751 | 9,845 | 7,735 | 12,188 |
| Amortization of developed technology and backlog | 5,614 | 5,807 | 4,434 | 7,279 |
| Gain on debt refinancing | NaN | 0 | NaN | NaN |
| Amortization of debt discount and issuance costs | 876 | 809 | 950 | 3,457 |
| Equity-based compensation | 3,941 | 4,228 | 4,647 | 6,696 |
| Change in fair value of contingent consideration | -2,586 | -837 | 1,014 | 0 |
| Warranty provision | 3,341 | 6,983 | 4,954 | 5,336 |
| Inventory reserve | -526 | 3,515 | NaN | NaN |
| Other non-cash | -161 | 15 | 2,017 | NaN |
| Accounts receivable | NaN | -31,008 | NaN | NaN |
| Inventories | NaN | -52,852 | NaN | NaN |
| Income tax receivables | NaN | 6,849 | NaN | NaN |
| Prepaid expenses and other | NaN | 25,844 | NaN | NaN |
| Accounts payable | NaN | -35,868 | NaN | NaN |
| Accrued expenses and other | NaN | -54,136 | NaN | NaN |
| Income tax payable | NaN | -540 | NaN | NaN |
| Lease liabilities | NaN | 2,202 | NaN | NaN |
| Deferred revenue | NaN | 489 | NaN | NaN |
| Changes in operating assets and liabilities | 50,589 | 18,278 | NaN | NaN |
| Net cash used in operating activities | -29,421 | 43,640 | 27,363 | 30,782 |
| Acquisition, net of cash acquired | NaN | 0 | 164,916 | NaN |
| Retirement/disposal of property, plant and equipment | NaN | 0 | 0 | 0 |
| Cash payments for the acquisition of right-of-use assets | NaN | 0 | NaN | NaN |
| Investment in securities | NaN | 1,000 | NaN | NaN |
| Sale of equity investment | NaN | 0 | 0 | NaN |
| Purchase of property, plant and equipment | 7,511 | 7,476 | 5,513 | 8,983 |
| Net cash used in investing activities | -7,511 | -8,476 | -170,429 | -8,983 |
| Proceeds from issuance of other debt | 24,218 | 42,492 | 51,595 | 57,064 |
| Proceeds from issuance of convertible notes | NaN | 0 | 0 | 345,000 |
| Premium paid on capped call | NaN | 0 | 0 | 35,087 |
| Fees paid on issuance of convertible notes | NaN | 0 | 0 | 10,434 |
| Repayments of other debt | 27,412 | 55,211 | 64,427 | 54,754 |
| Repayments of term loan facility | 0 | 0 | 0 | 233,875 |
| Repayments of convertible notes | NaN | 0 | 0 | 78,363 |
| Contingent consideration payments | 2,574 | 0 | 0 | 1,204 |
| Other financing | -1,844 | 184 | 90 | -1,123 |
| Net cash used in financing activities | -7,612 | -12,535 | -12,742 | -12,776 |
| Effect of exchange rate changes on cash and cash equivalent balances | 553 | 252 | 141 | 5,606 |
| Net change in cash and cash equivalents and restricted cash | -43,991 | 22,881 | -155,667 | 14,629 |
| Cash and cash equivalents, and restricted cash beginning of period | 245,984 | 223,103 | 364,141 | NaN |
| Cash and cash equivalents and restricted cash, end of period | 201,993 | 245,984 | 223,103 | NaN |
Array Technologies, Inc. (ARRY)
Array Technologies, Inc. (ARRY)