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
DateValue
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