Array Technologies (ARRY) Interest Expenses (2019 - 2026)
Array Technologies' (ARRY) quarterly Interest Expenses came in at $28.4 million in Q1 2026, up 12.47% year-on-year from $25.2 million in Q1 2025, and up 417.68% quarter-over-quarter from $5.5 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.
- On a quarterly basis, Interest Expenses rose 12.47% year-over-year to $28.4 million in Q1 2026; TTM through Mar 2026 was $28.4 million, a 12.47% increase from a year earlier, with the FY2025 full-year figure at $27.3 million, down 29.3% from the prior year.
- Interest Expenses climbed to $28.4 million in Q1 2026 per ARRY's latest filing, from $5.5 million in the prior quarter.
- Across five years, Interest Expenses topped out at $40.6 million in Q2 2023 and bottomed at -$694000.0 in Q4 2022.
- The 5-year median for Interest Expenses is $25.2 million (2025), against an average of $21.8 million.
- Across the five-year window, Interest Expenses tumbled 110.04% in 2022 and soared 1266.14% in 2023, its largest moves.
- Year by year, Interest Expenses stood at -$694000.0 in 2022, then surged by 1266.14% to $8.1 million in 2023, then climbed by 11.07% to $9.0 million in 2024, then tumbled by 39.01% to $5.5 million in 2025, then soared by 417.68% to $28.4 million in 2026.
- Per Business Quant, the three latest ARRY Interest Expenses figures stand at $28.4 million (Q1 2026), $5.5 million (Q4 2025), and $38.2 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.08 Bn | 19.65 Bn | 486.13 Mn | 56.27 Mn |
| 2 | Nextpower | 15.32 Bn | 14.23 Bn | 297.38 Mn | 26.55 Mn |
| 3 | Enphase Energy | 4.98 Bn | 4.05 Bn | 100.39 Mn | 28.41 Mn |
| 4 | JinkoSolar Holding | 3.20 Bn | -107.75 Mn | 147.66 Mn | - |
| 5 | Solaredge Technologies | 2.60 Bn | 2.04 Bn | 68.28 Mn | 83.69 Mn |
| 6 | Sunrun | 2.35 Bn | 687.09 Mn | 407.49 Mn | 210.73 Mn |
| 7 | Shoals Technologies | 1.55 Bn | 1.55 Bn | 41.01 Mn | 2.90 Mn |
| 8 | Canadian Solar | 925.64 Mn | 166.07 Mn | 124.40 Mn | -48.46 Mn |
| 9 | Array Technologies | 843.55 Mn | 642.85 Mn | 63.00 Mn | 28.38 Mn |
| 10 | Toyo | 182.74 Mn | 106.10 Mn | 47.76 Mn | -785,260.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 28.38 Mn |
| Mar 31, 2026 | 28.38 Mn |
| Dec 31, 2025 | 5.48 Mn |
| Dec 31, 2025 | 5.48 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 | 8.99 Mn |
| Dec 31, 2024 | 8.99 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 |
| Dec 31, 2023 | 8.09 Mn |
| Dec 31, 2023 | 8.09 Mn |