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| 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 |