Array Technologies (ARRY) Free Cash Flow (2019 - 2026)
Array Technologies (ARRY) recorded Free Cash Flow of $113.65 million in Q2 2026, up 205.4% from $37.21 million a year earlier.
Array Technologies (ARRY) Free Cash Flow (2019 - 2026) Analysis & Trends
On a TTM basis, Array Technologies' Free Cash Flow came in at $134.73 million as of Jun 30, 2026, up 14.6% year-over-year; for FY2025, it came in at $79.81 million, down 44.1% from FY2024.
- Across earlier years, Free Cash Flow came in at $142.7 million in FY2024 (-33.6%), $214.97 million in FY2023 (+64.3%), $130.87 million in FY2022 and -$266.54 million in FY2021.
- The Q2 2026 figure is the highest quarterly Free Cash Flow since Q4 2019.
- On a year-over-year basis, Free Cash Flow rose in 1 of the last five quarters, with growth averaging 9.3%.
- Peak year-over-year performance for Free Cash Flow in the last five years was growth of 205.4% in Q2 2026, against a decline of 87.8% in Q2 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at -$36.93 million (Q1 2026), $36.16 million (Q4 2025) and $21.85 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 240.47 Bn | 191.57 Bn | 3.11 Bn | 5.41 Bn |
| 2 | Bloom Energy | 66.79 Bn | 56.69 Bn | 417.10 Mn | -180.63 Mn |
| 3 | First Solar | 19.16 Bn | 10.11 Bn | 605.00 Mn | -306.22 Mn |
| 4 | BWX Technologies | 12.76 Bn | 11.06 Bn | 202.31 Mn | 114.97 Mn |
| 5 | Generac Holdings | 12.37 Bn | 12.37 Bn | 516.04 Mn | - |
| 6 | Nextpower | 12.30 Bn | 12.30 Bn | 345.32 Mn | - |
| 7 | EnerSys | 6.29 Bn | 4.48 Bn | 313.36 Mn | 217.74 Mn |
| 8 | Mirion Technologies | 4.46 Bn | 2.83 Bn | 131.50 Mn | 47.30 Mn |
| 9 | Enphase Energy | 3.33 Bn | -980.39 Mn | 127.12 Mn | -11.37 Mn |
| 10 | Array Technologies | 562.38 Mn | -411.53 Mn | 99.60 Mn | 113.65 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 113.65 Mn |
| Mar 31, 2026 | -36.93 Mn |
| Dec 31, 2025 | 36.16 Mn |
| Sep 30, 2025 | 21.85 Mn |
| Jun 30, 2025 | 37.21 Mn |
| Mar 31, 2025 | -15.41 Mn |
| Dec 31, 2024 | 44.61 Mn |
| Sep 30, 2024 | 43.86 Mn |
| Jun 30, 2024 | 1.83 Mn |
| Mar 31, 2024 | 45.11 Mn |
| Dec 31, 2023 | 88.61 Mn |
| Sep 30, 2023 | 69.43 Mn |
| Jun 30, 2023 | 15.00 Mn |
| Mar 31, 2023 | 41.93 Mn |
| Dec 31, 2022 | 93.54 Mn |
| Sep 30, 2022 | 101.99 Mn |
| Jun 30, 2022 | -12.21 Mn |
| Mar 31, 2022 | -52.45 Mn |
| Dec 31, 2021 | -98.46 Mn |
| Sep 30, 2021 | -32.78 Mn |
Array Technologies Free Cash Flow 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=free-cash-flow&ticker=ARRY&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "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=free-cash-flow&ticker=ARRY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();