Array Technologies (ARRY) Free Cash Flow (2019 - 2026)

Array Technologies' (ARRY) 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 202.12% quarter-over-quarter from $36.2 million in Q4 2025.

Array Technologies (ARRY) Free Cash Flow (2019 - 2026) Analysis & Trends

Array Technologies' Free Cash Flow history runs 8 years deep, the most recent figure standing at -$36.9 million for Q1 2026.

  • On a quarterly basis, Free Cash Flow fell 139.65% year-over-year to -$36.9 million in Q1 2026; TTM through Mar 2026 was $58.3 million, a 32.34% decrease from a year earlier, with the FY2025 full-year figure at $79.8 million, down 45.59% from the prior year.
  • Free Cash Flow declined to -$36.9 million in Q1 2026 per ARRY's latest filing, from $36.2 million in the prior quarter.
  • Across five years, Free Cash Flow topped out at $102.0 million in Q3 2022 and bottomed at -$52.5 million in Q1 2022.
  • The 5-year median for Free Cash Flow is $37.2 million (2025), against an average of $31.5 million.
  • Across the five-year window, Free Cash Flow surged 1937.79% in 2025 and slumped 139.65% in 2026, its largest moves.
  • Year by year, Free Cash Flow stood at $93.5 million in 2022, then decreased by 5.27% to $88.6 million in 2023, then plunged by 36.93% to $55.9 million in 2024, then tumbled by 35.29% to $36.2 million in 2025, then plunged by 202.12% to -$36.9 million in 2026.
  • Per Business Quant, the three latest ARRY Free Cash Flow figures stand at -$36.9 million (Q1 2026), $36.2 million (Q4 2025), and $21.8 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 First Solar 22.08 Bn 19.65 Bn 486.13 Mn -333.40 Mn
2 Nextpower 15.32 Bn 14.23 Bn 297.38 Mn 123.32 Mn
3 Enphase Energy 4.98 Bn 4.05 Bn 100.39 Mn 90.83 Mn
4 JinkoSolar Holding 3.20 Bn -107.75 Mn 147.66 Mn -
5 Solaredge Technologies 2.60 Bn 2.04 Bn 68.28 Mn -1.73 Mn
6 Sunrun 2.35 Bn 687.09 Mn 407.49 Mn 10.21 Mn
7 Shoals Technologies 1.55 Bn 1.55 Bn 41.01 Mn -49.10 Mn
8 Canadian Solar 925.64 Mn 166.07 Mn 124.40 Mn 201.34 Mn
9 Array Technologies 843.55 Mn 642.85 Mn 63.00 Mn -36.93 Mn
10 Toyo 182.74 Mn 106.10 Mn 47.76 Mn 38.03 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -36.93 Mn
Mar 31, 2026 -36.93 Mn
Dec 31, 2025 36.16 Mn
Dec 31, 2025 36.16 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