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

Array Technologies (ARRY) recorded quarterly EBITDA Margin of 4.26% in Q1 2026, up 106.6% quarter-over-quarter from 64.5% in Q4 2025, and down 513.0% on a YoY basis from 1.03% in Q1 2025.

Array Technologies (ARRY) EBITDA Margin (2019 - 2026) Analysis & Trends

Array Technologies' EBITDA Margin history runs 8 years deep, the most recent figure standing at 4.26% for Q1 2026.

  • In Q1 2026, EBITDA Margin fell 513.0% year-over-year to 4.26%; the TTM figure through Mar 2026 stood at 3.47% (up 1565.0% YoY), while the FY2025 annual figure was 1.78%, up 2252.0% from the prior year.
  • EBITDA Margin was 4.26% for Q1 2026 at Array Technologies, up from 64.5% in the prior quarter.
  • In the past five years, EBITDA Margin ranged from a high of 19.07% in Q2 2023 to a low of 64.5% in Q4 2025.
  • Historically, EBITDA Margin has averaged 3.96% across 5 years, with a median of 6.07% in 2024.
  • The sharpest annual moves came in 2024 and 2025: EBITDA Margin tumbled 6845 bps in 2024, then soared 6873 bps in 2025.
  • A 5-year view of EBITDA Margin shows it stood at 4.19% in 2022, then soared by 116 bps to 9.05% in 2023, then sank by 667 bps to 51.32% in 2024, then slipped by 26 bps to 64.5% in 2025, then soared 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 28.68 Bn 26.25 Bn 486.13 Mn 33.07%
2 Nextpower 18.03 Bn 16.93 Bn 297.38 Mn 17.44%
3 Enphase Energy 7.16 Bn 6.23 Bn 100.39 Mn -10.48%
4 Solaredge Technologies 3.68 Bn 3.13 Bn 68.28 Mn -17.73%
5 Sunrun 3.02 Bn 3.91 Bn 543.70 Mn -6.02%
6 Shoals Technologies 1.75 Bn 1.75 Bn 41.01 Mn 7.06%
7 Array Technologies 1.19 Bn 987.00 Mn 63.00 Mn 4.26%
8 JinkoSolar Holding 596.69 Mn 2.20 Bn 147.66 Mn -4.78%
9 Tigo Energy 209.39 Mn 197.82 Mn 10.79 Mn -9.56%
10 Skycorp Solar 110.38 Mn 103.60 Mn - -

Historic Data

Download Data
DateValue
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%