Array Technologies (ARRY) Interest Expenses (2019 - 2026)
Array Technologies (ARRY) posted Interest Expenses of $5.79 million for Q2 2026, down 34.0% from $8.77 million a year earlier but up 4.0% from the prior quarter.
Array Technologies (ARRY) Interest Expenses (2019 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Interest Expenses at Array Technologies was $21.88 million, down 35.8% year-over-year; for FY2025, it was $27.33 million, down 21.5% from FY2024.
- Annual Interest Expenses shows a five-year compound annual growth rate of 12.6% (FY2020 to FY2025).
- In prior years, Array Technologies' Interest Expenses was $34.83 million in FY2024 (-21.3%), $44.23 million in FY2023 (+20.5%), $36.69 million in FY2022 (+2.8%) and $35.68 million in FY2021 (+135.9%).
- Quarterly Interest Expenses has run from a low of $5.05 million in Q3 2025 to a high of $13.11 million in Q3 2021 over five years.
- On a year-over-year basis, Interest Expenses has declined in each of the last four quarters, with an average decline of 23.3% over the last eight quarters.
- The strongest year-over-year quarter for Interest Expenses in the past five years was Q4 2022, with growth of 86.3%; the weakest was Q4 2025, with a decline of 39.1%.
- According to Business Quant data, Interest Expenses for the three prior quarters was $5.56 million (Q1 2026), $5.48 million (Q4 2025) and $5.05 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 256.40 Bn | 217.48 Bn | 2.36 Bn | -73.00 Mn |
| 2 | Bloom Energy | 85.45 Bn | 77.27 Bn | 355.57 Mn | 8.91 Mn |
| 3 | First Solar | 19.01 Bn | 9.97 Bn | 605.00 Mn | 5.56 Mn |
| 4 | BWX Technologies | 12.64 Bn | 10.94 Bn | 202.31 Mn | 5.28 Mn |
| 5 | Generac Holdings | 12.53 Bn | 11.36 Bn | 521.81 Mn | 16.79 Mn |
| 6 | Nextpower | 12.03 Bn | 7.92 Bn | 335.85 Mn | - |
| 7 | EnerSys | 6.62 Bn | 4.81 Bn | 313.36 Mn | 10.60 Mn |
| 8 | Enphase Energy | 4.21 Bn | -653.40 Mn | 175.01 Mn | 327,000.00 |
| 9 | Mirion Technologies | 3.51 Bn | 1.39 Bn | 133.10 Mn | 8.40 Mn |
| 10 | Array Technologies | 614.49 Mn | -359.42 Mn | 99.60 Mn | 5.79 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.79 Mn |
| Mar 31, 2026 | 5.56 Mn |
| Dec 31, 2025 | 5.48 Mn |
| Sep 30, 2025 | 5.05 Mn |
| Jun 30, 2025 | 8.77 Mn |
| Mar 31, 2025 | 8.04 Mn |
| Dec 31, 2024 | 9.01 Mn |
| Sep 30, 2024 | 8.26 Mn |
| Jun 30, 2024 | 8.61 Mn |
| Mar 31, 2024 | 8.94 Mn |
| Dec 31, 2023 | 8.86 Mn |
| Sep 30, 2023 | 13.06 Mn |
| Jun 30, 2023 | 11.58 Mn |
| Mar 31, 2023 | 10.73 Mn |
| Dec 31, 2022 | 12.88 Mn |
| Sep 30, 2022 | 8.83 Mn |
| Jun 30, 2022 | 8.02 Mn |
| Mar 31, 2022 | 6.94 Mn |
| Dec 31, 2021 | 6.92 Mn |
| Sep 30, 2021 | 13.11 Mn |
Array Technologies Interest Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-expenses&ticker=ARRY&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "ticker": "ARRY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=interest-expenses&ticker=ARRY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();