Array Technologies (ARRY) EBITDA Margin (2019 - 2026)
Array Technologies' quarterly EBITDA Margin came in at 4.26% in Q1 2026, down 513.0% year-on-year from 1.03% in Q1 2025, and up 106.6% quarter-over-quarter from 64.5% in Q4 2025.
Array Technologies has reported EBITDA Margin for 8 years, with the latest figure at 4.26% in Q1 2026.
- For the quarter ending Q1 2026, EBITDA Margin fell 513.0% year-over-year to 4.26%; the trailing twelve-month figure through Mar 2026 stood at 3.47% (up 1565.0% YoY), and the FY2025 full-year result was 1.78%, up 2252.0% from the prior year.
- EBITDA Margin for Q1 2026 stood at 4.26%, up from 64.5% in the prior quarter.
- The five-year high for EBITDA Margin was 19.07% in Q2 2023, with the low at 64.5% in Q4 2025.
- Average EBITDA Margin over 5 years is 3.96%, with a median of 6.07% recorded in 2024.
- Year-over-year, EBITDA Margin tumbled 6845 bps in 2024 and surged 6873 bps in 2025.
- Tracing ARRY's EBITDA Margin over 5 years: stood at 4.19% in 2022, then jumped by 116 bps to 9.05% in 2023, then plunged by 667 bps to 51.32% in 2024, then dropped by 26 bps to 64.5% in 2025, then jumped by 107 bps to 4.26% in 2026.
- The last three EBITDA Margin figures came in at 4.26% (Q1 2026), 64.5% (Q4 2025), and 11.96% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA 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 | 7.06% |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn | 4.26% |
| 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
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 4.26% |
| Dec 31, 2025 | -64.50% |
| Sep 30, 2025 | 11.96% |
| Jun 30, 2025 | 13.11% |
| Mar 31, 2025 | 9.39% |
| Dec 31, 2024 | -51.32% |
| Sep 30, 2024 | -56.77% |
| Jun 30, 2024 | 15.91% |
| Mar 31, 2024 | 6.07% |
| Dec 31, 2023 | 9.05% |
| Sep 30, 2023 | 11.67% |
| Jun 30, 2023 | 19.07% |
| Mar 31, 2023 | 12.76% |
| Dec 31, 2022 | 4.19% |
| Sep 30, 2022 | 3.47% |
| Jun 30, 2022 | -3.03% |
| Mar 31, 2022 | -12.56% |
| Dec 31, 2021 | -8.83% |
| Sep 30, 2021 | -10.03% |
| Jun 30, 2021 | 0.01% |
| Mar 31, 2021 | 6.43% |
| Dec 31, 2020 | -1.02% |
| Sep 30, 2020 | -3.23% |
| Jun 30, 2020 | 1.58% |
| Mar 31, 2020 | 23.27% |
| Dec 31, 2019 | 18.24% |
| Sep 30, 2019 | 14.59% |