v3.26.1
Investments in Unconsolidated Entities (Tables)
3 Months Ended
Mar. 31, 2026
Equity Method Investments and Joint Ventures [Abstract]  
Equity and measurement alternative method investments Array’s Investments in unconsolidated entities are accounted for using the equity method, measurement alternative method or net asset value practical expedient method as shown in the table below. The carrying value of measurement alternative method investments represents cost minus any impairments plus or minus any observable price changes.
March 31, 2026December 31, 2025
(Dollars in thousands)
Equity method investments$422,121 $399,794 
Measurement alternative method investments5,779 5,362 
Investments recorded using the net asset value practical expedient7,161 7,452 
Total investments in unconsolidated entities$435,061 $412,608 
The following table, which is based on unaudited information provided in part by third parties, summarizes the combined results of operations of Array’s equity method investments.
Three Months Ended
March 31,
20262025
(Dollars in thousands)
Revenues$1,865,387 $1,908,624 
Operating expenses1,516,516 1,517,768 
Operating income348,871 390,856 
Other income (expense), net(9,877)(11,692)
Net income$338,994 $379,164