Growth Metrics

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

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DateValue
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