Array Technologies (ARRY) FCF Margin (2019 - 2026)
Array Technologies' quarterly FCF Margin came in at 16.53% in Q1 2026, down 1143.0% year-on-year from 1.58% in Q1 2025, and down 164.28% quarter-over-quarter from 25.72% in Q4 2025.
Array Technologies has reported FCF Margin for 8 years, with the latest figure at 16.53% in Q1 2026.
- For the quarter ending Q1 2026, FCF Margin fell 1143.0% year-over-year to 16.53%; the trailing twelve-month figure through Mar 2026 stood at 6.66% (down 143.0% YoY), and the FY2025 full-year result was 7.93%, down 809.0% from the prior year.
- FCF Margin for Q1 2026 stood at 16.53%, down from 25.72% in the prior quarter.
- The five-year high for FCF Margin was 29.4% in Q1 2024, with the low at 17.45% in Q1 2022.
- Average FCF Margin over 5 years is 10.11%, with a median of 11.13% recorded in 2023.
- Year-over-year, FCF Margin jumped 6804 bps in 2022 and slumped 3450 bps in 2025.
- Tracing ARRY's FCF Margin over 5 years: stood at 23.26% in 2022, then climbed by 11 bps to 25.94% in 2023, then retreated by 22 bps to 20.3% in 2024, then advanced by 27 bps to 25.72% in 2025, then sank by 164 bps to 16.53% in 2026.
- The last three FCF Margin figures came in at 16.53% (Q1 2026), 25.72% (Q4 2025), and 5.55% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 26.65 Bn | 24.22 Bn | 486.13 Mn | -31.93% |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn | 14.00% |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn | 16.54% |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn | 32.11% |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn | -0.56% |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn | 1.41% |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn | -29.72% |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn | -16.53% |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn | - |
| 10 | Tigo Energy | 288.14 Mn | 276.56 Mn | 10.79 Mn | -37.55% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -16.53% |
| Dec 31, 2025 | 25.72% |
| Sep 30, 2025 | 5.55% |
| Jun 30, 2025 | 10.27% |
| Mar 31, 2025 | -5.10% |
| Dec 31, 2024 | 20.30% |
| Sep 30, 2024 | 18.95% |
| Jun 30, 2024 | 0.71% |
| Mar 31, 2024 | 29.40% |
| Dec 31, 2023 | 25.94% |
| Sep 30, 2023 | 19.81% |
| Jun 30, 2023 | 2.95% |
| Mar 31, 2023 | 11.13% |
| Dec 31, 2022 | 23.26% |
| Sep 30, 2022 | 19.80% |
| Jun 30, 2022 | -2.91% |
| Mar 31, 2022 | -17.45% |
| Dec 31, 2021 | -44.78% |
| Sep 30, 2021 | -17.37% |
| Jun 30, 2021 | -47.12% |
| Mar 31, 2021 | -17.21% |
| Dec 31, 2020 | 57.36% |
| Sep 30, 2020 | 15.10% |
| Jun 30, 2020 | -41.27% |
| Mar 31, 2020 | -45.86% |
| Dec 31, 2019 | 177.28% |