Company: ARRY
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0001820721-25-000095
Chunk: 143

Company: Array Technologies, Inc.
Filing Date: 2025-11-05
Form: 10-Q
Item: Part I, Item 8
Chunk 143
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1,563,104 Capital expenditures986 91 1,077 Depreciation and amortization6,903 6,295 13,198 Interest income3,415 808 4,223 Interest expense7,734 530 8,264 Nine months ended September 30, 2025Array Legacy OperationsSTI OperationsConsolidatedSegment revenue$858,474 $199,623 $1,058,097 Less:Product cost (1)560,535 165,545 726,080 Amortization of developed technology and backlog11,713 — 11,713 Depreciation1,973 — 1,973 Other costs (2)32,440 6,668 39,108 Gross profit251,813 27,410 279,223 Total operating expenses— — (160,112)Total other income, net— — 4,492 Income before income taxes$123,603 Segment assets1,211,117 400,044 1,611,161 Capital expenditures13,922 574 14,496 Depreciation and amortization23,134 8,502 31,636 Interest income9,513 583 10,096 Interest expense19,905 1,944 21,849 Nine months ended September 30, 2024Array Legacy OperationsSTI OperationsConsolidatedSegment revenue$459,807 $180,768 $640,575 Less:Product cost (1)238,628 146,840 385,468 Amortization of developed technology and backlog10,918 — 10,918 Depreciation1,480 51 1,531 Other costs (2)16,663 6,637 23,300 Gross profit192,118 27,240 219,358 Total operating expenses— — (304,017)Total other expense, net— — (15,868)Income before income taxes$(100,527)Segment assets898,159 664,945 1,563,104 Capital expenditures4,283 1,321 5,604 Depreciation and amortization20,428 19,505 39,933 Interest income8,816 3,869 12,685 Interest expense24,134 1,684 25