Growth Metrics

Array Technologies (ARRY) Invested Capital (2019 - 2026)

Array Technologies' quarterly Invested Capital came in at $106.7 million in Q1 2026, down 66.68% year-on-year from $320.2 million in Q1 2025, and down 17.35% quarter-over-quarter from $129.1 million in Q4 2025.

Array Technologies has reported Invested Capital for 8 years, with the latest figure at $106.7 million in Q1 2026.

  • For the quarter ending Q1 2026, Invested Capital fell 66.68% year-over-year to $106.7 million; the trailing twelve-month figure through Mar 2026 stood at $106.7 million (down 66.68% YoY), and the FY2025 full-year result was $129.1 million, down 56.88% from the prior year.
  • Invested Capital for Q1 2026 stood at $106.7 million, down from $129.1 million in the prior quarter.
  • The five-year high for Invested Capital was $898.1 million in Q1 2023, with the low at $106.7 million in Q1 2026.
  • Average Invested Capital over 5 years is $481.0 million, with a median of $524.7 million recorded in 2022.
  • Year-over-year, Invested Capital jumped 129.67% in 2022 and slumped 66.68% in 2026.
  • Tracing ARRY's Invested Capital over 5 years: stood at $538.1 million in 2022, then climbed by 25.42% to $674.8 million in 2023, then tumbled by 55.63% to $299.4 million in 2024, then slumped by 56.88% to $129.1 million in 2025, then decreased by 17.35% to $106.7 million in 2026.
  • The last three Invested Capital figures came in at $106.7 million (Q1 2026), $129.1 million (Q4 2025), and $288.3 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 First Solar 26.65 Bn 24.22 Bn 486.13 Mn 10.21 Bn
2 Nextpower 17.99 Bn 16.90 Bn 297.38 Mn 2.33 Bn
3 Canadian Solar 15.11 Bn 15.69 Bn 124.40 Mn 9.95 Bn
4 Enphase Energy 8.19 Bn 7.26 Bn 100.39 Mn 1.67 Bn
5 Solaredge Technologies 3.80 Bn 3.25 Bn 68.28 Mn 410.72 Mn
6 Sunrun 3.38 Bn 4.27 Bn 543.70 Mn 3.63 Bn
7 Shoals Technologies 1.60 Bn 1.60 Bn 41.01 Mn 601.65 Mn
8 Array Technologies 1.25 Bn 1.05 Bn 63.00 Mn 106.71 Mn
9 JinkoSolar Holding 677.44 Mn 2.29 Bn 147.66 Mn 3.94 Bn
10 Tigo Energy 288.14 Mn 276.56 Mn 10.79 Mn 40.85 Mn

Historic Data

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DateValue
Mar 31, 2026 106.71 Mn
Dec 31, 2025 129.10 Mn
Sep 30, 2025 288.30 Mn
Jun 30, 2025 249.13 Mn
Mar 31, 2025 320.23 Mn
Dec 31, 2024 299.43 Mn
Sep 30, 2024 481.49 Mn
Jun 30, 2024 616.56 Mn
Mar 31, 2024 647.32 Mn
Dec 31, 2023 674.85 Mn
Sep 30, 2023 644.45 Mn
Jun 30, 2023 653.08 Mn
Mar 31, 2023 898.13 Mn
Dec 31, 2022 538.08 Mn
Sep 30, 2022 524.73 Mn
Jun 30, 2022 523.18 Mn
Mar 31, 2022 582.53 Mn
Dec 31, 2021 234.29 Mn
Sep 30, 2021 304.98 Mn
Jun 30, 2021 425.83 Mn
Mar 31, 2021 327.56 Mn
Dec 31, 2020 -80.90 Mn
Sep 30, 2020 377.26 Mn
Jun 30, 2020 383.64 Mn
Dec 31, 2019 361.10 Mn
Sep 30, 2019 277.57 Mn