Array Technologies (ARRY) Cost of Revenue (2019 - 2026)
Array Technologies (ARRY) posted quarterly Cost of Revenue of $160.4 million for Q1 2026, down 27.84% year-over-year from $222.3 million in Q1 2025, and down 26.56% quarter-over-quarter from $218.4 million in Q4 2025.
Array Technologies (ARRY) Cost of Revenue (2019 - 2026) Analysis & Trends
Array Technologies' Cost of Revenue history runs 8 years deep, the most recent figure standing at $160.4 million for Q1 2026.
- In Q1 2026, Cost of Revenue fell 27.84% year-over-year to $160.4 million; the TTM figure through Mar 2026 stood at $931.8 million (up 691.62% YoY), while the FY2025 annual figure was $985.6 million, up 98458.8% from the prior year.
- Cost of Revenue for Q1 2026 stood at $160.4 million, down from $218.4 million in the prior quarter.
- The five-year high for Cost of Revenue was $438.4 million in Q3 2022, with the low at -$1.1 billion in Q4 2022.
- The 5-year median for Cost of Revenue is $253.7 million (2023), against an average of $135.0 million.
- The sharpest annual moves came in 2022 and 2025: Cost of Revenue plunged 624.19% in 2022, then soared 151.98% in 2025.
- Array Technologies' Cost of Revenue stood at -$1.1 billion in 2022, then soared by 123.1% to $253.7 million in 2023, then tumbled by 265.61% to -$420.2 million in 2024, then surged by 151.98% to $218.4 million in 2025, then declined by 26.56% to $160.4 million in 2026.
- Business Quant data shows ARRY's Cost of Revenue at $160.4 million in Q1 2026, $218.4 million in Q4 2025, and $287.8 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 23.03 Bn | 21.30 Bn | 605.00 Mn | 451.19 Mn |
| 2 | Nextpower | 13.03 Bn | 11.82 Bn | 335.85 Mn | 599.32 Mn |
| 3 | Enphase Energy | 5.10 Bn | 4.16 Bn | 175.01 Mn | 116.84 Mn |
| 4 | Sunrun | 2.19 Bn | 2.19 Bn | 527.54 Mn | 342.45 Mn |
| 5 | Solaredge Technologies | 1.89 Bn | 1.31 Bn | 95.15 Mn | 251.09 Mn |
| 6 | Shoals Technologies | 1.19 Bn | 1.18 Bn | 49.53 Mn | 113.85 Mn |
| 7 | Canadian Solar | 985.60 Mn | -602.69 Mn | 124.40 Mn | 1.09 Bn |
| 8 | JinkoSolar Holding | 833.21 Mn | -2.48 Bn | 147.66 Mn | 1.63 Bn |
| 9 | Array Technologies | 727.02 Mn | 419.71 Mn | 99.60 Mn | 242.46 Mn |
| 10 | Toyo | 181.99 Mn | 105.35 Mn | 47.76 Mn | 95.01 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 242.46 Mn |
| Jun 30, 2026 | 242.46 Mn |
| Mar 31, 2026 | 160.41 Mn |
| Mar 31, 2026 | 160.41 Mn |
| Dec 31, 2025 | 218.43 Mn |
| Dec 31, 2025 | 218.43 Mn |
| Sep 30, 2025 | 287.82 Mn |
| Sep 30, 2025 | 287.82 Mn |
| Jun 30, 2025 | 265.12 Mn |
| Jun 30, 2025 | 265.12 Mn |
| Mar 31, 2025 | 222.30 Mn |
| Mar 31, 2025 | 222.30 Mn |
| Dec 31, 2024 | -420.22 Mn |
| Dec 31, 2024 | -420.22 Mn |
| Sep 30, 2024 | 149.45 Mn |
| Sep 30, 2024 | 149.45 Mn |
| Jun 30, 2024 | 166.17 Mn |
| Jun 30, 2024 | 166.17 Mn |
| Mar 31, 2024 | 98.31 Mn |
| Mar 31, 2024 | 98.31 Mn |