← Array Technologies, Inc.
| Annual Trend | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||
| Current assets: | ||||||||
| Cash and Cash Equivalents, at Carrying Value | $310.3m | $108.4m | $19.1m | $49.5m | $249.1m | $363.0m | $244.4m | |
| Prepaid Expense and Other Assets, Current | $13.5m | $12.4m | $15.6m | $45.7m | $89.1m | $157.9m | $201.1m | |
| Inventory, Net | $148.0m | $118.5m | $124.7m | $299.0m | $162.0m | $200.8m | $150.4m | |
| Assets, Current | $619.7m | $375.2m | $287.9m | $816.2m | $832.3m | $998.7m | $869.0m | |
| Property, Plant and Equipment, Net | $10.7m | $9.8m | $9.7m | $16.9m | $31.9m | $26.2m | $58.2m | |
| Goodwill | $69.7m | $69.7m | $69.7m | $442.2m | $435.6m | $160.2m | $135.2m | |
| Intangible Assets, Net (Excluding Goodwill) | $223.5m | $198.3m | $192.4m | $482.0m | $350.4m | $181.4m | $238.6m | |
| Operating Lease, Right-of-Use Asset | — | — | — | — | $22.1m | $16.4m | $48.3m | |
| Other Assets, Noncurrent | $0 | $3.1m | $25.9m | $26.5m | $40.7m | $41.7m | $29.7m | |
| Additional Financial Items | ||||||||
| Accounts Receivable, after Allowance for Credit Loss, Current | $96.3m | $118.7m | $124.2m | $390.9m | $332.2m | $275.8m | $271.6m | |
| Assets | $923.6m | $656.0m | $585.6m | $1.8b | $1.7b | $1.4b | $1.5b | |
| LIABILITIES AND EQUITY | ||||||||
| Current liabilities: | ||||||||
| Operating Lease, Liability, Current | — | — | — | — | $5.7m | $5.6m | $7.5m | |
| Accounts Payable, Current | $129.6m | $82.8m | $71.8m | $187.5m | $119.5m | $172.4m | $144.0m | |
| Operating Lease, Liability, Noncurrent | — | — | — | — | $19.5m | $15.1m | $47.3m | |
| Long-term Debt, Excluding Current Maturities | $0 | $424.0m | $391.7m | $778.2m | $660.9m | $646.6m | $658.7m | |
| Long-term Debt, Current Maturities | $55.9m | $4.3m | $4.3m | $48.2m | $21.5m | $30.7m | $10.3m | |
| Liabilities, Current | $590.6m | $289.1m | $233.0m | $433.1m | $335.7m | $437.8m | $377.0m | |
| Deferred Income Tax Liabilities, Net | $15.9m | $13.1m | $13.0m | $99.3m | $66.9m | $21.4m | $22.1m | |
| Other Liabilities, Noncurrent | — | — | $6.1m | $7.1m | $20.4m | $18.7m | $25.8m | |
| Deferred Tax Liabilities, Net | $15.9m | $13.1m | $0 | $72.6m | $51.0m | $3.6m | $669.0m | |
| Liabilities | $618.4m | $736.9m | $654.0m | $1.3b | $1.1b | $1.1b | $1.2b | |
| Stockholders’ equity: | ||||||||
| Preferred Stock, Value, Issued | — | $0 | $0 | $0 | $0 | $0 | $0 | |
| Common Stock, Value, Issued | — | $127k | $127k | $150k | $151k | $151k | $152k | |
| Additional Paid in Capital | — | $140.5m | $148.4m | $411.2m | $344.5m | $297.8m | $226.8m | |
| Retained Earnings (Accumulated Deficit) | — | ($221.5m) | ($216.9m) | ($297.8m) | ($130.2m) | ($370.6m) | ($422.9m) | |
| Accumulated Other Comprehensive Income (Loss), Net of Tax | — | — | $0 | $56.7m | $44.8m | ($45.4m) | ($10.5m) | |
| Stockholders' Equity Attributable to Parent | — | ($80.9m) | ($68.4m) | $170.2m | $259.2m | ($118.1m) | ($206.3m) | |
| Liabilities and Equity | $923.6m | $656.0m | $585.6m | $1.8b | $1.7b | $1.4b | $1.5b |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.