v3.25.4
Investments in Unconsolidated Entities (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Equity method investments:        
Capital contributions, loans, advances and adjustments $ 103,941 $ 103,941    
Cumulative share of income 3,063,821 2,889,902    
Cumulative share of distributions (2,767,968) (2,553,309)    
Total equity method investments 399,794 440,534    
Measurement alternative method investments 5,362 4,847    
Investments recorded using the net asset value practical expedient 7,452 8,557    
Total investments in unconsolidated entities 412,608 453,938    
Assets        
Current 144,787 1,344,870    
Total assets [1] 4,678,088 10,448,981    
Liabilities and Equity        
Current liabilities 199,988 883,771    
Partners’ capital and shareholders’ equity 2,574,557 4,591,653 $ 4,641,814 $ 4,570,280
Total liabilities and equity [1] 4,678,088 10,448,981    
Results of Operations        
Revenues 162,961 102,933 100,469  
Operating expenses 255,493 363,268 212,694  
Operating income (92,532) (260,335) (112,225)  
Net income 69,193 (31,578) 57,917  
Equity Method Investments        
Assets        
Current 828,494 1,229,907    
Noncurrent 6,396,030 6,513,774    
Total assets 7,224,524 7,743,681    
Liabilities and Equity        
Current liabilities 852,707 856,005    
Noncurrent liabilities 1,562,236 1,628,029    
Partners’ capital and shareholders’ equity 4,809,581 5,259,647    
Total liabilities and equity 7,224,524 7,743,681    
Results of Operations        
Revenues 7,748,385 7,546,383 7,276,562  
Operating expenses 6,138,847 5,926,661 5,682,650  
Operating income 1,609,538 1,619,722 1,593,912  
Other income (expense), net (35,022) (2,692) (28,201)  
Net income $ 1,574,516 $ 1,617,030 $ 1,565,711  
[1] The consolidated total assets as of December 31, 2025 and 2024, include assets held by current consolidated variable interest entities (VIEs) of $45.0 million and $193.4 million, respectively, which are not available to be used to settle the obligations of Array. The consolidated total liabilities as of December 31, 2025 and 2024, include certain liabilities of current consolidated VIEs of $11.1 million and $24.6 million, respectively, for which the creditors of the VIEs have no recourse to the general credit of Array. See Note 14 — Variable Interest Entities for additional information.