Array Technologies (ARRY) Interest Expenses (2019 - 2026)
Array Technologies (ARRY) posted quarterly Interest Expenses of $28.4 million for Q1 2026, up 12.47% year-over-year from $25.2 million in Q1 2025, and up 216.31% quarter-over-quarter from $9.0 million in Q4 2025.
Array Technologies (ARRY) Interest Expenses (2019 - 2026) Analysis & Trends
Array Technologies' Interest Expenses history runs 8 years deep, the most recent figure standing at $28.4 million for Q1 2026.
- In Q1 2026, Interest Expenses rose 12.47% year-over-year to $28.4 million; the TTM figure through Mar 2026 stood at $28.4 million (up 12.47% YoY), while the FY2025 annual figure was $27.3 million, down 29.3% from the prior year.
- Interest Expenses for Q1 2026 stood at $28.4 million, up from $9.0 million in the prior quarter.
- The five-year high for Interest Expenses was $40.6 million in Q2 2023, with the low at $6.9 million in Q1 2022.
- The 5-year median for Interest Expenses is $25.2 million (2025), against an average of $22.8 million.
- The sharpest annual moves came in 2023 and 2024: Interest Expenses surged 447.68% in 2023, then slumped 78.78% in 2024.
- Array Technologies' Interest Expenses stood at $12.9 million in 2022, then slumped by 31.25% to $8.9 million in 2023, then gained by 1.69% to $9.0 million in 2024, then declined by 0.39% to $9.0 million in 2025, then jumped by 216.31% to $28.4 million in 2026.
- Business Quant data shows ARRY's Interest Expenses at $28.4 million in Q1 2026, $9.0 million in Q4 2025, and $38.2 million in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 23.09 Bn | 21.36 Bn | 605.00 Mn | 5.56 Mn |
| 2 | Nextpower | 13.09 Bn | 11.87 Bn | 335.85 Mn | - |
| 3 | Enphase Energy | 5.06 Bn | 4.12 Bn | 175.01 Mn | 327,000.00 |
| 4 | Sunrun | 2.20 Bn | 2.20 Bn | 527.54 Mn | - |
| 5 | Solaredge Technologies | 1.89 Bn | 1.31 Bn | 95.15 Mn | 12.38 Mn |
| 6 | Shoals Technologies | 1.21 Bn | 1.20 Bn | 49.53 Mn | 3.47 Mn |
| 7 | Canadian Solar | 979.54 Mn | -608.75 Mn | 124.40 Mn | -48.46 Mn |
| 8 | JinkoSolar Holding | 835.57 Mn | -2.47 Bn | 147.66 Mn | - |
| 9 | Array Technologies | 723.94 Mn | 416.64 Mn | 99.60 Mn | 5.79 Mn |
| 10 | Toyo | 177.47 Mn | 100.83 Mn | 47.76 Mn | -785,260.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 28.26 Mn |
| Jun 30, 2026 | 28.26 Mn |
| Mar 31, 2026 | 28.38 Mn |
| Mar 31, 2026 | 28.38 Mn |
| Dec 31, 2025 | 8.97 Mn |
| Dec 31, 2025 | 8.97 Mn |
| Sep 30, 2025 | 38.25 Mn |
| Sep 30, 2025 | 38.25 Mn |
| Jun 30, 2025 | 25.61 Mn |
| Jun 30, 2025 | 25.61 Mn |
| Mar 31, 2025 | 25.23 Mn |
| Mar 31, 2025 | 25.23 Mn |
| Dec 31, 2024 | 9.01 Mn |
| Dec 31, 2024 | 9.01 Mn |
| Sep 30, 2024 | 39.04 Mn |
| Sep 30, 2024 | 39.04 Mn |
| Jun 30, 2024 | 8.61 Mn |
| Jun 30, 2024 | 8.61 Mn |
| Mar 31, 2024 | 39.80 Mn |
| Mar 31, 2024 | 39.80 Mn |