Array Technologies (ARRY) Interest Expenses (2019 - 2026)

Array Technologies (ARRY) recorded quarterly Interest Expenses of $5.6 million in Q1 2026, up 1.48% quarter-over-quarter from $5.5 million in Q4 2025, and down 30.77% on a YoY basis from $8.0 million in Q1 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 $5.6 million for Q1 2026.

  • In Q1 2026, Interest Expenses fell 30.77% year-over-year to $5.6 million; the TTM figure through Mar 2026 stood at $24.9 million (down 26.71% YoY), while the FY2025 annual figure was $27.3 million, down 21.52% from the prior year.
  • Interest Expenses was $5.6 million for Q1 2026 at Array Technologies, up from $5.5 million in the prior quarter.
  • In the past five years, Interest Expenses ranged from a high of $13.1 million in Q3 2023 to a low of $5.0 million in Q3 2025.
  • Historically, Interest Expenses has averaged $8.7 million across 5 years, with a median of $8.8 million in 2025.
  • The sharpest annual moves came in 2022 and 2025: Interest Expenses soared 86.29% in 2022, then slumped 39.14% in 2025.
  • A 5-year view of Interest Expenses shows it stood at $12.9 million in 2022, then tumbled by 31.25% to $8.9 million in 2023, then advanced by 1.69% to $9.0 million in 2024, then plunged by 39.14% to $5.5 million in 2025, then increased 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) Interest Expense (Qtr)
1 First Solar 28.68 Bn 26.25 Bn 486.13 Mn 7.62 Mn
2 Nextpower 18.03 Bn 16.93 Bn 297.38 Mn -
3 Enphase Energy 7.16 Bn 6.23 Bn 100.39 Mn 633,000.00
4 Solaredge Technologies 3.68 Bn 3.13 Bn 68.28 Mn -
5 Sunrun 3.02 Bn 3.91 Bn 543.70 Mn -
6 Shoals Technologies 1.75 Bn 1.75 Bn 41.01 Mn 2.90 Mn
7 Array Technologies 1.19 Bn 987.00 Mn 63.00 Mn 5.56 Mn
8 JinkoSolar Holding 596.69 Mn 2.20 Bn 147.66 Mn -
9 Tigo Energy 209.39 Mn 197.82 Mn 10.79 Mn 1,000.00
10 Skycorp Solar 110.38 Mn 103.60 Mn - -

Historic Data

Download Data
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