Array Technologies (ARRY) EBIT Margin (2019 - 2026)
Array Technologies' EBIT Margin was 10.16% in Q2 2026, down 2.64 percentage points from 12.80% a year earlier but up 6.98 percentage points from the prior quarter.
Array Technologies (ARRY) EBIT Margin (2019 - 2026) Analysis & Trends
On a trailing twelve-month basis, Array Technologies' EBIT Margin was -5.13% through Jun 30, 2026, up 12.06 percentage points year-over-year; for FY2025, it came in at -2.26%, up 22.53 percentage points from FY2024.
- EBIT Margin shows a five-year change of -13.17 percentage points (FY2020 to FY2025).
- In earlier years, EBIT Margin was -24.79% in FY2024 (-38.37 pp), 13.58% in FY2023 (+14.69 pp), -1.11% in FY2022 (+1.79 pp) and -2.90% in FY2021 (-13.81 pp).
- Quarterly EBIT Margin has moved between -65.52% (Q4 2025) and 18.96% (Q2 2023) over five years.
- Compared with a year earlier, EBIT Margin has declined for three straight quarters, with an average year-over-year change of -10.24 percentage points over the last eight quarters.
- The best year-over-year quarter for EBIT Margin over five years was Q3 2025 (a gain of 68.89 percentage points); the worst was Q3 2024 (a drop of 68.81 percentage points).
- Per Business Quant data, ARRY's EBIT Margin in the three quarters before Q2 2026 was 3.18% (Q1 2026), -65.52% (Q4 2025) and 11.55% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 252.99 Bn | 214.06 Bn | 2.36 Bn | 5.88% |
| 2 | Bloom Energy | 81.25 Bn | 73.07 Bn | 355.57 Mn | 17.11% |
| 3 | First Solar | 18.82 Bn | 9.78 Bn | 605.00 Mn | 42.64% |
| 4 | BWX Technologies | 12.55 Bn | 10.85 Bn | 202.31 Mn | 12.66% |
| 5 | Generac Holdings | 12.21 Bn | 11.04 Bn | 521.81 Mn | 17.93% |
| 6 | Nextpower | 11.82 Bn | 7.71 Bn | 335.85 Mn | 20.41% |
| 7 | EnerSys | 6.67 Bn | 4.86 Bn | 313.36 Mn | 16.18% |
| 8 | Enphase Energy | 4.36 Bn | -500.13 Mn | 175.01 Mn | 17.65% |
| 9 | Mirion Technologies | 3.45 Bn | 1.34 Bn | 133.10 Mn | 6.71% |
| 10 | Array Technologies | 620.65 Mn | -353.26 Mn | 99.60 Mn | 10.16% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 10.16% |
| 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% |
Array Technologies EBIT Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebit-margin&ticker=ARRY&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebit-margin", "ticker": "ARRY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ebit-margin&ticker=ARRY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();