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
DateValue
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