Array Technologies (ARRY) EBITDA Margin (2019 - 2026)
Array Technologies' (ARRY) quarterly EBITDA Margin came in at 3.18% in Q1 2026, down 584.0% year-on-year from 0.66% in Q1 2025, and up 104.86% quarter-over-quarter from 65.52% in Q4 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 3.18% for Q1 2026.
- On a quarterly basis, EBITDA Margin fell 584.0% year-over-year to 3.18% in Q1 2026; TTM through Mar 2026 was 4.08%, a 1547.0% increase from a year earlier, with the FY2025 full-year figure at 2.26%, up 2253.0% from the prior year.
- EBITDA Margin grew to 3.18% in Q1 2026 per ARRY's latest filing, from 65.52% in the prior quarter.
- Across five years, EBITDA Margin topped out at 18.96% in Q2 2023 and bottomed at 65.52% in Q4 2025.
- The 5-year median for EBITDA Margin is 5.48% (2024), against an average of 4.34%.
- Across the five-year window, EBITDA Margin tumbled 6881 bps in 2024 and jumped 6889 bps in 2025, its largest moves.
- Year by year, EBITDA Margin stood at 4.07% in 2022, then surged by 118 bps to 8.85% in 2023, then slumped by 685 bps to 51.72% in 2024, then decreased by 27 bps to 65.52% in 2025, then surged by 105 bps to 3.18% in 2026.
- Per Business Quant, the three latest ARRY EBITDA Margin figures stand at 3.18% (Q1 2026), 65.52% (Q4 2025), and 11.55% (Q3 2025).
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.08 Bn | 19.65 Bn | 486.13 Mn | 33.07% |
| 2 | Nextpower | 15.32 Bn | 14.23 Bn | 297.38 Mn | 17.44% |
| 3 | Enphase Energy | 4.98 Bn | 4.05 Bn | 100.39 Mn | -10.48% |
| 4 | JinkoSolar Holding | 3.20 Bn | -107.75 Mn | 147.66 Mn | -4.78% |
| 5 | Solaredge Technologies | 2.60 Bn | 2.04 Bn | 68.28 Mn | -17.73% |
| 6 | Sunrun | 2.35 Bn | 687.09 Mn | 407.49 Mn | -6.02% |
| 7 | Shoals Technologies | 1.55 Bn | 1.55 Bn | 41.01 Mn | 5.49% |
| 8 | Canadian Solar | 925.64 Mn | 166.07 Mn | 124.40 Mn | -5.26% |
| 9 | Array Technologies | 843.55 Mn | 642.85 Mn | 63.00 Mn | 3.18% |
| 10 | Toyo | 182.74 Mn | 106.10 Mn | 47.76 Mn | 25.40% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | -0.29% |