Array Technologies (ARRY) EBITDA (2019 - 2026)
Array Technologies' (ARRY) quarterly EBITDA came in at $7.1 million in Q1 2026, down 73.94% year-on-year from $27.3 million in Q1 2025, and up 104.8% quarter-over-quarter from -$148.1 million in Q4 2025.
Array Technologies (ARRY) EBITDA (2019 - 2026) Analysis & Trends
Array Technologies' EBITDA history runs 8 years deep, the most recent figure standing at $7.1 million for Q1 2026.
- On a quarterly basis, EBITDA fell 73.94% year-over-year to $7.1 million in Q1 2026; TTM through Mar 2026 was -$49.2 million, a 76.38% increase from a year earlier, with the FY2025 full-year figure at -$29.0 million, up 87.23% from the prior year.
- EBITDA advanced to $7.1 million in Q1 2026 per ARRY's latest filing, from -$148.1 million in the prior quarter.
- Across five years, EBITDA topped out at $96.2 million in Q2 2023 and bottomed at -$148.1 million in Q4 2025.
- The 5-year median for EBITDA is $17.2 million (2022), against an average of -$3.1 million.
- Across the five-year window, EBITDA plunged 2222.65% in 2022 and surged 821.88% in 2023, its largest moves.
- Year by year, EBITDA stood at $16.3 million in 2022, then jumped by 84.84% to $30.2 million in 2023, then slumped by 571.03% to -$142.3 million in 2024, then retreated by 4.05% to -$148.1 million in 2025, then soared by 104.8% to $7.1 million in 2026.
- Per Business Quant, the three latest ARRY EBITDA figures stand at $7.1 million (Q1 2026), -$148.1 million (Q4 2025), and $45.5 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.08 Bn | 19.65 Bn | 486.13 Mn | 345.30 Mn |
| 2 | Nextpower | 15.32 Bn | 14.23 Bn | 297.38 Mn | 153.59 Mn |
| 3 | Enphase Energy | 4.98 Bn | 4.05 Bn | 100.39 Mn | -29.64 Mn |
| 4 | JinkoSolar Holding | 3.20 Bn | -107.75 Mn | 147.66 Mn | -84.91 Mn |
| 5 | Solaredge Technologies | 2.60 Bn | 2.04 Bn | 68.28 Mn | -55.04 Mn |
| 6 | Sunrun | 2.35 Bn | 687.09 Mn | 407.49 Mn | -43.51 Mn |
| 7 | Shoals Technologies | 1.55 Bn | 1.55 Bn | 41.01 Mn | 7.72 Mn |
| 8 | Canadian Solar | 925.64 Mn | 166.07 Mn | 124.40 Mn | -64.06 Mn |
| 9 | Array Technologies | 843.55 Mn | 642.85 Mn | 63.00 Mn | 7.11 Mn |
| 10 | Toyo | 182.74 Mn | 106.10 Mn | 47.76 Mn | 36.27 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 7.11 Mn |
| Dec 31, 2025 | -148.11 Mn |
| Sep 30, 2025 | 45.45 Mn |
| Jun 30, 2025 | 46.38 Mn |
| Mar 31, 2025 | 27.28 Mn |
| Dec 31, 2024 | -142.35 Mn |
| Sep 30, 2024 | -132.68 Mn |
| Jun 30, 2024 | 39.60 Mn |
| Mar 31, 2024 | 8.41 Mn |
| Dec 31, 2023 | 30.22 Mn |
| Sep 30, 2023 | 40.21 Mn |
| Jun 30, 2023 | 96.24 Mn |
| Mar 31, 2023 | 47.46 Mn |
| Dec 31, 2022 | 16.35 Mn |
| Sep 30, 2022 | 17.19 Mn |
| Jun 30, 2022 | -13.33 Mn |
| Mar 31, 2022 | -38.34 Mn |
| Dec 31, 2021 | -20.01 Mn |
| Sep 30, 2021 | -19.52 Mn |
| Jun 30, 2021 | -574,000.00 |