Company: ARRY
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0001820721-25-000095
Chunk: 205

Company: Array Technologies, Inc.
Filing Date: 2025-11-05
Form: 10-Q
Item: Part I, Item 2
Chunk 205
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,147 114,904 26,243 23 %Change in fair value of contingent consideration1,014 (39)1,053 (2700)%1,014 (271)1,285 474 %Depreciation and amortization6,958 8,880 (1,922)(22)%17,951 27,384 (9,433)(34)%Goodwill impairment— 162,000 (162,000)(100)%— 162,000 (162,000)(100)%Total operating expenses60,220 210,990 (150,770)(71)%160,112 304,017 (143,905)(47)%Income (loss) from operations45,451 (132,675)178,126 (134)%119,111 (84,659)203,770 (241)%Interest income2,977 4,223 (1,246)(30)%10,09612,685 (2,589)(20)%Interest expense(5,046)(8,264)3,218 39 %(21,849)(25,818)3,969 15 %Foreign currency (loss) gain, net(6)(106)100 94 %2,026 (1,073)3,099 289 %Gain on extinguishment of debts, net— — — — %14,207 — 14,207 100 %Other income (expense), net68 (682)750 110 %12 (1,662)1,674 101 %Total other income (expense), net(2,007)(4,829)2,822 58 %4,492 (15,868)20,360 128 %Income (loss) before income tax expense43,444 (137,504)180,948 (132)%123,603 (100,527)224,130 (223)%Income tax expense9,941 3,850 6,091 158 %30,092 12,964 17,128 132 %Net income (loss)$33,503 $(141,354)$174,857 (124)%$93,511 $(113,491)$207,002 (182)%

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The following table provides details on our operating results by reportable segment for the