ARRY: financial statements from SEC

Income statement

Metric	Dec 31, 2025	Dec 31, 2024
Revenue	1.28bn	916m
Cost of revenue	986m	618m
Gross profit	299m	298m
Selling, general and administrative	199m	161m
Operating expenses	328m	525m
Operating income	−29m	−227m
Pre-tax income	−29m	−251m
Income tax	23m	−10m
Net income	−52m	−240m
Earnings per share	−0.73	−1.95
Earnings per share, diluted	−0.73	−1.95
Weighted average shares	153m	152m
Weighted average shares, diluted	153m	152m

Metric	Mar 31, 2026	Dec 31, 2025	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024
Cash and equivalents	201m	244m	222m	377m	348m	363m	332m	282m
Receivables	292m	272m	379m	367m	283m	276m	282m	310m
Inventory	168m	150m	181m	178m	187m	201m	196m	166m
Current assets	879m	869m	867m	1.04bn	976m	999m	902m	849m
Property, plant and equipment	62m	58m	55m	35m	29m	26m	28m	27m
Goodwill	135m	135m	245m	173m	164m	160m	251m	403m
Total assets	1.48bn	1.45bn	1.61bn	1.54bn	1.43bn	1.43bn	1.56bn	1.65bn
Current liabilities	390m	377m	458m	468m	408m	438m	375m	338m
Short-term debt	9m	10m	23m	36m	34m	31m	28m	29m
Long-term debt	657m	659m	658m	658m	645m	647m	648m	652m
Total liabilities	1.21bn	1.19bn	1.21bn	1.18bn	1.10bn	1.14bn	1.11bn	1.07bn
Equity	−214m	−206m	−47m	−71m	−98m	−118m	64m	200m
Shares outstanding	—	153m	153m	153m	153m	152m	152m	152m
Shares issued	154m	153m	153m	153m	153m	152m	152m	152m

Metric	Dec 31, 2025	Dec 31, 2024
Operating cash flow	102m	154m
Depreciation and amortisation	26m	36m
Share-based compensation	16m	10m
Capital expenditure	22m	7m
Investing cash flow	−188m	−10m
Financing cash flow	−38m	−12m