Array Technologies (ARRY) FCF Margin (2019 - 2026)
Array Technologies (ARRY) recorded quarterly FCF Margin of 16.53% in Q1 2026, down 164.28% quarter-over-quarter from 25.72% in Q4 2025, and down 1143.0% on a YoY basis from 1.58% in Q1 2025.
Array Technologies (ARRY) FCF Margin (2019 - 2026) Analysis & Trends
Array Technologies' FCF Margin history runs 8 years deep, the most recent figure standing at 16.53% for Q1 2026.
- In Q1 2026, FCF Margin fell 1143.0% year-over-year to 16.53%; the TTM figure through Mar 2026 stood at 6.66% (down 143.0% YoY), while the FY2025 annual figure was 7.93%, down 809.0% from the prior year.
- FCF Margin was 16.53% for Q1 2026 at Array Technologies, down from 25.72% in the prior quarter.
- In the past five years, FCF Margin ranged from a high of 29.4% in Q1 2024 to a low of 17.45% in Q1 2022.
- Historically, FCF Margin has averaged 10.11% across 5 years, with a median of 11.13% in 2023.
- The sharpest annual moves came in 2022 and 2025: FCF Margin surged 6804 bps in 2022, then slumped 3450 bps in 2025.
- A 5-year view of FCF Margin shows it stood at 23.26% in 2022, then advanced by 11 bps to 25.94% in 2023, then fell by 22 bps to 20.3% in 2024, then gained by 27 bps to 25.72% in 2025, then slumped 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 | 28.68 Bn | 26.25 Bn | 486.13 Mn | -31.93% |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn | 14.00% |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn | 32.11% |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn | -0.56% |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 Mn | 1.41% |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn | -29.72% |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn | -16.53% |
| 8 | JinkoSolar Holding | 596.69 Mn | 2.20 Bn | 147.66 Mn | - |
| 9 | Tigo Energy | 209.39 Mn | 197.82 Mn | 10.79 Mn | -37.55% |
| 10 | Skycorp Solar | 110.38 Mn | 103.60 Mn | - | - |
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% |