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Array Technologies, Inc.

For the period ended Jun 30, 2026. Filed Aug 5, 2026.

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About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 30, 2026 · Filed Aug 5, 2026

ARRY$4.73-8.9%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Condensed Consolidated Statements of Cash Flows

Condensed Consolidated Statements of Cash Flows (unaudited)

Six Months Ended June 30,
20262025
Operating activities
Net income$26,343$60,008
Adjustments to reconcile net income to cash provided by operating activities:
Provision for bad debts31,910
Deferred tax benefit(2,637)(246)
Depreciation and amortization19,85112,188
Amortization of developed technology and backlog11,2297,279
Amortization of debt discount and issuance costs1,7683,457
Gain on extinguishment of debts, net—(14,207)
Equity-based compensation8,5206,696
Change in fair value of contingent consideration(145)—
Warranty provision7,0135,336
Inventory reserve1,1972,682
Other non-cash69010
Changes in operating assets and liabilities18,026(54,331)
Net cash provided by operating activities91,85830,782
Investing activities
Purchase of property, plant and equipment(15,144)(8,983)
Net cash used in investing activities(15,144)(8,983)
Financing activities
Proceeds from issuance of other debt38,25457,064
Proceeds from issuance of convertible notes—345,000
Premium paid on capped call—(35,087)
Fees paid on issuance of convertible notes—(10,434)
Repayments of other debt(51,003)(54,754)
Repayments of term loan facility—(233,875)
Repayments of convertible notes—(78,363)
Contingent consideration payments(2,574)(1,204)
Other financing(1,806)(1,123)
Net cash used in financing activities(17,129)(12,776)
Effect of exchange rate changes on cash and cash equivalent balances1,7335,606
Net change in cash and cash equivalents and restricted cash61,31814,629
Cash and cash equivalents, and restricted cash beginning of period245,984364,141
Cash and cash equivalents and restricted cash, end of period$307,302$378,770
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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.