Array Technologies (ARRY) EBITDA Margin (2019 - 2026)
Array Technologies (ARRY) recorded EBITDA Margin of 14.16% in Q2 2026, down 1.20 percentage points from 15.37% a year earlier but up 4.11 percentage points from the prior quarter.
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Analysis
Array Technologies (ARRY) EBITDA Margin (2019 - 2026) Analysis & Trends
On a TTM basis, Array Technologies' EBITDA Margin came in at -0.40% as of Jun 30, 2026, up 13.02 percentage points year-over-year; for FY2025, it was 1.42%, up 20.45 percentage points from FY2024.
- Annual EBITDA Margin has a five-year change of -12.63 percentage points (FY2020 to FY2025).
- Across earlier years, EBITDA Margin came in at -19.02% in FY2024 (-36.08 pp), 17.06% in FY2023 (+12.00 pp), 5.06% in FY2022 (+4.92 pp) and 0.14% in FY2021 (-13.92 pp).
- Quarterly EBITDA Margin has ranged from -58.60% in Q4 2025 to 21.49% in Q2 2023 over the past five years.
- On a year-over-year basis, EBITDA Margin has declined for three consecutive quarters, with an average year-over-year change of -10.35 percentage points over the last eight quarters.
- Peak year-over-year performance for EBITDA Margin in the last five years was a gain of 66.37 percentage points in Q3 2025, against a drop of 67.16 percentage points in Q3 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at 10.06% (Q1 2026), -58.60% (Q4 2025) and 14.45% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 256.40 Bn | 217.48 Bn | 2.36 Bn | 9.65% |
| 2 | Bloom Energy | 85.45 Bn | 77.27 Bn | 355.57 Mn | 18.40% |
| 3 | First Solar | 19.01 Bn | 9.97 Bn | 605.00 Mn | 56.64% |
| 4 | BWX Technologies | 12.64 Bn | 10.94 Bn | 202.31 Mn | 16.14% |
| 5 | Generac Holdings | 12.53 Bn | 11.36 Bn | 521.81 Mn | 25.54% |
| 6 | Nextpower | 12.03 Bn | 7.92 Bn | 335.85 Mn | 21.35% |
| 7 | EnerSys | 6.62 Bn | 4.81 Bn | 313.36 Mn | 19.44% |
| 8 | Enphase Energy | 4.21 Bn | -653.40 Mn | 175.01 Mn | 24.57% |
| 9 | Mirion Technologies | 3.51 Bn | 1.39 Bn | 133.10 Mn | 21.25% |
| 10 | Array Technologies | 614.49 Mn | -359.42 Mn | 99.60 Mn | 14.16% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 14.16% |
| Mar 31, 2026 | 10.06% |
| Dec 31, 2025 | -58.60% |
| Sep 30, 2025 | 14.45% |
| Jun 30, 2025 | 15.37% |
| Mar 31, 2025 | 12.19% |
| Dec 31, 2024 | -47.05% |
| Sep 30, 2024 | -51.92% |
| Jun 30, 2024 | 20.38% |
| Mar 31, 2024 | 14.46% |
| Dec 31, 2023 | 12.82% |
| Sep 30, 2023 | 15.24% |
| Jun 30, 2023 | 21.49% |
| Mar 31, 2023 | 16.45% |
| Dec 31, 2022 | 10.56% |
| Sep 30, 2022 | 8.17% |
| Jun 30, 2022 | 3.06% |
| Mar 31, 2022 | -4.90% |
| Dec 31, 2021 | -12.77% |
| Sep 30, 2021 | -6.90% |
API Access
Array Technologies EBITDA Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebitda-margin&ticker=ARRY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "ticker": "ARRY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebitda-margin&ticker=ARRY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();