Array Technologies (ARRY) Interest Expenses (2019 - 2026)
Array Technologies' quarterly Interest Expenses came in at $5.6 million in Q1 2026, down 30.77% year-on-year from $8.0 million in Q1 2025, and up 1.48% quarter-over-quarter from $5.5 million in Q4 2025.
Array Technologies has reported Interest Expenses for 8 years, with the latest figure at $5.6 million in Q1 2026.
- For the quarter ending Q1 2026, Interest Expenses fell 30.77% year-over-year to $5.6 million; the trailing twelve-month figure through Mar 2026 stood at $24.9 million (down 26.71% YoY), and the FY2025 full-year result was $27.3 million, down 21.52% from the prior year.
- Interest Expenses for Q1 2026 stood at $5.6 million, up from $5.5 million in the prior quarter.
- The five-year high for Interest Expenses was $13.1 million in Q3 2023, with the low at $5.0 million in Q3 2025.
- Average Interest Expenses over 5 years is $8.7 million, with a median of $8.8 million recorded in 2025.
- Year-over-year, Interest Expenses surged 86.29% in 2022 and slumped 39.14% in 2025.
- Tracing ARRY's Interest Expenses over 5 years: stood at $12.9 million in 2022, then slumped by 31.25% to $8.9 million in 2023, then climbed by 1.69% to $9.0 million in 2024, then tumbled by 39.14% to $5.5 million in 2025, then rose by 1.48% to $5.6 million in 2026.
- The last three Interest Expenses figures came in at $5.6 million (Q1 2026), $5.5 million (Q4 2025), and $5.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 26.65 Bn | 24.22 Bn | 486.13 Mn | 7.62 Mn |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn | - |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn | -48.46 Mn |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn | 633,000.00 |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn | - |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn | - |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn | 2.90 Mn |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn | 5.56 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 | 1,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 5.56 Mn |
| Mar 31, 2026 | 5.56 Mn |
| Dec 31, 2025 | 5.48 Mn |
| Dec 31, 2025 | 5.48 Mn |
| Sep 30, 2025 | 5.05 Mn |
| Sep 30, 2025 | 5.05 Mn |
| Jun 30, 2025 | 8.77 Mn |
| Jun 30, 2025 | 8.77 Mn |
| Mar 31, 2025 | 8.04 Mn |
| Mar 31, 2025 | 8.04 Mn |
| Dec 31, 2024 | 9.01 Mn |
| Dec 31, 2024 | 9.01 Mn |
| Sep 30, 2024 | 8.26 Mn |
| Sep 30, 2024 | 8.26 Mn |
| Jun 30, 2024 | 8.61 Mn |
| Jun 30, 2024 | 8.61 Mn |
| Mar 31, 2024 | 8.94 Mn |
| Mar 31, 2024 | 8.94 Mn |
| Dec 31, 2023 | 8.86 Mn |
| Dec 31, 2023 | 8.86 Mn |
| Sep 30, 2023 | 13.06 Mn |
| Sep 30, 2023 | 13.06 Mn |
| Jun 30, 2023 | 11.58 Mn |
| Jun 30, 2023 | 11.58 Mn |
| Mar 31, 2023 | 10.73 Mn |
| Mar 31, 2023 | 10.73 Mn |
| Dec 31, 2022 | 12.88 Mn |
| Dec 31, 2022 | 12.88 Mn |
| Sep 30, 2022 | 8.83 Mn |
| Sep 30, 2022 | 8.83 Mn |
| Jun 30, 2022 | 8.02 Mn |
| Jun 30, 2022 | 8.02 Mn |
| Mar 31, 2022 | 6.94 Mn |
| Mar 31, 2022 | 6.94 Mn |
| Dec 31, 2021 | 6.92 Mn |
| Dec 31, 2021 | 6.92 Mn |
| Sep 30, 2021 | 13.11 Mn |
| Sep 30, 2021 | 13.11 Mn |
| Jun 30, 2021 | 6.65 Mn |
| Jun 30, 2021 | 6.65 Mn |
| Mar 31, 2021 | 9.01 Mn |
| Mar 31, 2021 | 9.01 Mn |
| Dec 31, 2020 | 6.82 Mn |
| Dec 31, 2020 | 6.82 Mn |
| Sep 30, 2020 | 673,000.00 |
| Sep 30, 2020 | 673,000.00 |
| Jun 30, 2020 | 2.41 Mn |
| Jun 30, 2020 | 2.41 Mn |
| Mar 31, 2020 | 5.23 Mn |
| Mar 31, 2020 | 5.23 Mn |
| Dec 31, 2019 | 4.92 Mn |
| Dec 31, 2019 | 4.92 Mn |
| Sep 30, 2019 | 4.49 Mn |
| Sep 30, 2019 | 4.49 Mn |