Growth Metrics

Array Technologies (ARRY) EBIT Margin (2019 - 2026)

Array Technologies' quarterly EBIT Margin came in at 3.18% in Q1 2026, down 584.0% year-on-year from 0.66% in Q1 2025, and up 104.86% quarter-over-quarter from 65.52% in Q4 2025.

Array Technologies has reported EBIT Margin for 8 years, with the latest figure at 3.18% in Q1 2026.

  • For the quarter ending Q1 2026, EBIT Margin fell 584.0% year-over-year to 3.18%; the trailing twelve-month figure through Mar 2026 stood at 4.08% (up 1547.0% YoY), and the FY2025 full-year result was 2.26%, up 2253.0% from the prior year.
  • EBIT Margin for Q1 2026 stood at 3.18%, up from 65.52% in the prior quarter.
  • The five-year high for EBIT Margin was 18.96% in Q2 2023, with the low at 65.52% in Q4 2025.
  • Average EBIT Margin over 5 years is 4.34%, with a median of 5.48% recorded in 2024.
  • Year-over-year, EBIT Margin tumbled 6881 bps in 2024 and jumped 6889 bps in 2025.
  • Tracing ARRY's EBIT Margin over 5 years: stood at 4.07% in 2022, then soared by 118 bps to 8.85% in 2023, then tumbled by 685 bps to 51.72% in 2024, then slipped by 27 bps to 65.52% in 2025, then soared by 105 bps to 3.18% in 2026.
  • The last three EBIT Margin figures came in at 3.18% (Q1 2026), 65.52% (Q4 2025), and 11.55% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIT Margin (Qtr)
1 First Solar 26.65 Bn 24.22 Bn 486.13 Mn 33.07%
2 Nextpower 17.99 Bn 16.90 Bn 297.38 Mn 17.44%
3 Canadian Solar 15.11 Bn 15.69 Bn 124.40 Mn -5.26%
4 Enphase Energy 8.19 Bn 7.26 Bn 100.39 Mn -10.48%
5 Solaredge Technologies 3.80 Bn 3.25 Bn 68.28 Mn -17.73%
6 Sunrun 3.38 Bn 4.27 Bn 543.70 Mn -6.02%
7 Shoals Technologies 1.60 Bn 1.60 Bn 41.01 Mn 5.49%
8 Array Technologies 1.25 Bn 1.05 Bn 63.00 Mn 3.18%
9 JinkoSolar Holding 677.44 Mn 2.29 Bn 147.66 Mn -4.78%
10 Tigo Energy 288.14 Mn 276.56 Mn 10.79 Mn -9.56%

Historic Data

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DateValue
Mar 31, 2026 3.18%
Dec 31, 2025 -65.52%
Sep 30, 2025 11.55%
Jun 30, 2025 12.80%
Mar 31, 2025 9.02%
Dec 31, 2024 -51.72%
Sep 30, 2024 -57.33%
Jun 30, 2024 15.48%
Mar 31, 2024 5.48%
Dec 31, 2023 8.85%
Sep 30, 2023 11.47%
Jun 30, 2023 18.96%
Mar 31, 2023 12.60%
Dec 31, 2022 4.07%
Sep 30, 2022 3.34%
Jun 30, 2022 -3.18%
Mar 31, 2022 -12.76%
Dec 31, 2021 -9.10%
Sep 30, 2021 -10.34%
Jun 30, 2021 -0.29%
Mar 31, 2021 6.19%
Dec 31, 2020 -1.24%
Sep 30, 2020 -3.66%
Jun 30, 2020 1.05%
Mar 31, 2020 23.15%
Dec 31, 2019 18.02%
Sep 30, 2019 14.33%