Array Technologies (ARRY) Free Cash Flow (2019 - 2026)
Array Technologies' quarterly Free Cash Flow came in at -$36.9 million in Q1 2026, down 139.65% year-on-year from $93.2 million in Q1 2025, and down 163.53% quarter-over-quarter from $58.1 million in Q4 2025.
Array Technologies has reported Free Cash Flow for 8 years, with the latest figure at -$36.9 million in Q1 2026.
- For the quarter ending Q1 2026, Free Cash Flow fell 139.65% year-over-year to -$36.9 million; the trailing twelve-month figure through Mar 2026 stood at $80.3 million (down 6.84% YoY), and the FY2025 full-year result was $101.8 million, down 30.61% from the prior year.
- Free Cash Flow for Q1 2026 stood at -$36.9 million, down from $58.1 million in the prior quarter.
- The five-year high for Free Cash Flow was $102.0 million in Q3 2022, with the low at -$52.5 million in Q1 2022.
- Average Free Cash Flow over 5 years is $32.8 million, with a median of $41.9 million recorded in 2023.
- Year-over-year, Free Cash Flow surged 1937.79% in 2025 and slumped 139.65% in 2026.
- Tracing ARRY's Free Cash Flow over 5 years: stood at $93.5 million in 2022, then slipped by 5.27% to $88.6 million in 2023, then sank by 36.93% to $55.9 million in 2024, then advanced by 4.03% to $58.1 million in 2025, then slumped by 163.53% to -$36.9 million in 2026.
- The last three Free Cash Flow figures came in at -$36.9 million (Q1 2026), $58.1 million (Q4 2025), and $21.8 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 26.65 Bn | 24.22 Bn | 486.13 Mn | -333.40 Mn |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn | 123.32 Mn |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn | 201.34 Mn |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn | 90.83 Mn |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn | -1.73 Mn |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn | 10.21 Mn |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn | -41.78 Mn |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn | -36.93 Mn |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn | - |
| 10 | Tigo Energy | 288.14 Mn | 276.56 Mn | 10.79 Mn | -9.46 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -36.93 Mn |
| Mar 31, 2026 | -36.93 Mn |
| Dec 31, 2025 | 58.14 Mn |
| Dec 31, 2025 | 58.14 Mn |
| Sep 30, 2025 | 21.85 Mn |
| Sep 30, 2025 | 21.85 Mn |
| Jun 30, 2025 | 37.21 Mn |
| Jun 30, 2025 | 37.21 Mn |
| Mar 31, 2025 | -15.41 Mn |
| Mar 31, 2025 | -15.41 Mn |
| Dec 31, 2024 | 55.89 Mn |
| Dec 31, 2024 | 55.89 Mn |
| Sep 30, 2024 | 43.86 Mn |
| Sep 30, 2024 | 43.86 Mn |
| Jun 30, 2024 | 1.83 Mn |
| Jun 30, 2024 | 1.83 Mn |
| Mar 31, 2024 | 45.11 Mn |
| Mar 31, 2024 | 45.11 Mn |
| Dec 31, 2023 | 88.61 Mn |
| Dec 31, 2023 | 88.61 Mn |
| Sep 30, 2023 | 69.43 Mn |
| Sep 30, 2023 | 69.43 Mn |
| Jun 30, 2023 | 15.00 Mn |
| Jun 30, 2023 | 15.00 Mn |
| Mar 31, 2023 | 41.93 Mn |
| Mar 31, 2023 | 41.93 Mn |
| Dec 31, 2022 | 93.54 Mn |
| Dec 31, 2022 | 93.54 Mn |
| Sep 30, 2022 | 101.99 Mn |
| Sep 30, 2022 | 101.99 Mn |
| Jun 30, 2022 | -12.21 Mn |
| Jun 30, 2022 | -12.21 Mn |
| Mar 31, 2022 | -52.45 Mn |
| Mar 31, 2022 | -52.45 Mn |
| Dec 31, 2021 | -98.46 Mn |
| Dec 31, 2021 | -98.46 Mn |
| Sep 30, 2021 | -32.78 Mn |
| Sep 30, 2021 | -32.78 Mn |
| Jun 30, 2021 | -92.59 Mn |
| Jun 30, 2021 | -92.59 Mn |
| Mar 31, 2021 | -42.72 Mn |
| Mar 31, 2021 | -42.72 Mn |
| Dec 31, 2020 | 103.57 Mn |
| Dec 31, 2020 | 103.57 Mn |
| Sep 30, 2020 | 21.06 Mn |
| Sep 30, 2020 | 21.06 Mn |
| Jun 30, 2020 | -47.42 Mn |
| Jun 30, 2020 | -47.42 Mn |
| Mar 31, 2020 | -200.74 Mn |
| Mar 31, 2020 | -200.74 Mn |
| Dec 31, 2019 | 398.38 Mn |
| Dec 31, 2019 | 398.38 Mn |