Growth Metrics

Array Technologies (ARRY) Net Cash Flow (2019 - 2026)

Array Technologies' quarterly Net Cash Flow came in at -$44.5 million in Q1 2026, down 159.94% year-on-year from $74.3 million in Q1 2025, and down 296.84% quarter-over-quarter from $22.6 million in Q4 2025.

Array Technologies has reported Net Cash Flow for 8 years, with the latest figure at -$44.5 million in Q1 2026.

  • For the quarter ending Q1 2026, Net Cash Flow fell 159.94% year-over-year to -$44.5 million; the trailing twelve-month figure through Mar 2026 stood at -$151.6 million (down 302.39% YoY), and the FY2025 full-year result was -$124.2 million, down 193.66% from the prior year.
  • Net Cash Flow for Q1 2026 stood at -$44.5 million, down from $22.6 million in the prior quarter.
  • The five-year high for Net Cash Flow was $71.5 million in Q4 2023, with the low at -$325.5 million in Q1 2022.
  • Average Net Cash Flow over 5 years is -$9.3 million, with a median of $18.2 million recorded in 2023.
  • Peak annual rise in Net Cash Flow reached 1044.31% in 2025, while the deepest fall reached 426.4% in 2025.
  • Tracing ARRY's Net Cash Flow over 5 years: stood at $68.8 million in 2022, then rose by 3.81% to $71.5 million in 2023, then plunged by 41.22% to $42.0 million in 2024, then tumbled by 46.12% to $22.6 million in 2025, then plunged by 296.84% to -$44.5 million in 2026.
  • The last three Net Cash Flow figures came in at -$44.5 million (Q1 2026), $22.6 million (Q4 2025), and -$155.8 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Cash Flow (Qtr)
1 First Solar 26.65 Bn 24.22 Bn 486.13 Mn -435.62 Mn
2 Nextpower 17.99 Bn 16.90 Bn 297.38 Mn 142.35 Mn
3 Canadian Solar 15.11 Bn 15.69 Bn 124.40 Mn -341.77 Mn
4 Enphase Energy 8.19 Bn 7.26 Bn 100.39 Mn 28.07 Mn
5 Solaredge Technologies 3.80 Bn 3.25 Bn 68.28 Mn 5.98 Mn
6 Sunrun 3.38 Bn 4.27 Bn 543.70 Mn -147.72 Mn
7 Shoals Technologies 1.60 Bn 1.60 Bn 41.01 Mn -5.44 Mn
8 Array Technologies 1.25 Bn 1.05 Bn 63.00 Mn -44.54 Mn
9 JinkoSolar Holding 677.44 Mn 2.29 Bn 147.66 Mn -
10 Tigo Energy 288.14 Mn 276.56 Mn 10.79 Mn 3.90 Mn

Historic Data

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DateValue
Mar 31, 2026 -44.54 Mn
Mar 31, 2026 -44.54 Mn
Dec 31, 2025 22.63 Mn
Dec 31, 2025 22.63 Mn
Sep 30, 2025 -155.81 Mn
Sep 30, 2025 -155.81 Mn
Jun 30, 2025 26.16 Mn
Jun 30, 2025 26.16 Mn
Mar 31, 2025 -17.14 Mn
Mar 31, 2025 -17.14 Mn
Dec 31, 2024 42.00 Mn
Dec 31, 2024 42.00 Mn
Sep 30, 2024 47.74 Mn
Sep 30, 2024 47.74 Mn
Jun 30, 2024 2.29 Mn
Jun 30, 2024 2.29 Mn
Mar 31, 2024 40.54 Mn
Mar 31, 2024 40.54 Mn
Dec 31, 2023 71.46 Mn
Dec 31, 2023 71.46 Mn
Sep 30, 2023 24.30 Mn
Sep 30, 2023 24.30 Mn
Jun 30, 2023 -553,000.00
Jun 30, 2023 -553,000.00
Mar 31, 2023 18.17 Mn
Mar 31, 2023 18.17 Mn
Dec 31, 2022 68.83 Mn
Dec 31, 2022 68.83 Mn
Sep 30, 2022 12.44 Mn
Sep 30, 2022 12.44 Mn
Jun 30, 2022 9.75 Mn
Jun 30, 2022 9.75 Mn
Mar 31, 2022 -325.53 Mn
Mar 31, 2022 -325.53 Mn
Dec 31, 2021 251.28 Mn
Dec 31, 2021 251.28 Mn
Sep 30, 2021 98.71 Mn
Sep 30, 2021 98.71 Mn
Jun 30, 2021 -1.45 Mn
Jun 30, 2021 -1.45 Mn
Mar 31, 2021 -89.31 Mn
Mar 31, 2021 -89.31 Mn
Dec 31, 2020 81.30 Mn
Dec 31, 2020 81.30 Mn
Sep 30, 2020 -10.84 Mn
Sep 30, 2020 -10.84 Mn
Jun 30, 2020 -64.84 Mn
Jun 30, 2020 -64.84 Mn
Mar 31, 2020 -258.44 Mn
Mar 31, 2020 -258.44 Mn
Dec 31, 2019 358.41 Mn
Dec 31, 2019 358.41 Mn