Array Technologies ARRY
NASDAQ ARRY
$4.51 +0.03 (+0.78%)
As of: Sep 10, 2026 · 12:39 PM EDT

Array Technologies (ARRY) Net Income (2019 - 2026)

Array Technologies (ARRY) posted Net Income of $24.3 million for Q2 2026, up 1117.98% on a QoQ basis from $2.0 million in Q1 2026, and down 43.78% year-over-year from $43.3 million in Q2 2025.

Analysis

Array Technologies (ARRY) Net Income (2019 - 2026) Analysis & Trends

Array Technologies has reported Net Income for 8 years, with the latest figure at $24.3 million in Q2 2026.

  • On a quarterly basis, Net Income fell 43.78% year-over-year to $24.3 million in Q2 2026; TTM through Jun 2026 was -$85.9 million, a 58.75% increase from a year earlier, with the FY2025 full-year figure at -$52.2 million, up 78.27% from the prior year.
  • Net Income was $24.3 million for Q2 2026 at Array Technologies, up from $2.0 million in the prior quarter.
  • The five-year high for Net Income was $65.1 million in Q2 2023, with the low at -$145.7 million in Q4 2025.
  • Average Net Income over 5 years is -$6.9 million, with a median of $18.0 million recorded in 2023.
  • The sharpest annual moves came in 2023 and 2024: Net Income jumped 1396.12% in 2023, then plunged 755.91% in 2024.
  • Over 5 years, Net Income stood at -$5.3 million in 2022, then soared by 467.16% to $19.3 million in 2023, then slumped by 755.91% to -$126.9 million in 2024, then decreased by 14.87% to -$145.7 million in 2025, then surged by 116.69% to $24.3 million in 2026.
  • The last three Net Income figures came in at $24.3 million (Q2 2026), $2.0 million (Q1 2026), and -$145.7 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Income (Qtr)
1 First Solar 22.33 Bn 20.60 Bn 605.00 Mn 422.57 Mn
2 Nextpower 12.26 Bn 11.04 Bn 335.85 Mn 165.36 Mn
3 Enphase Energy 4.86 Bn 3.92 Bn 175.01 Mn 36.08 Mn
4 Solaredge Technologies 2.05 Bn 1.47 Bn 95.15 Mn -30.75 Mn
5 T1 Energy 1.31 Bn 1.09 Bn 49.10 Mn -43.54 Mn
6 Shoals Technologies 1.17 Bn 1.15 Bn 49.53 Mn 12.14 Mn
7 Canadian Solar 877.81 Mn -588.69 Mn 168.48 Mn -85.77 Mn
8 Array Technologies 694.70 Mn 387.40 Mn 99.60 Mn 24.32 Mn
9 JinkoSolar Holding 613.25 Mn -2.07 Bn 75.62 Mn -214.75 Mn
10 Toyo 132.44 Mn 22.39 Mn 36.97 Mn 25.47 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 24.32 Mn
Mar 31, 2026 2.00 Mn
Dec 31, 2025 -145.74 Mn
Sep 30, 2025 33.50 Mn
Jun 30, 2025 43.26 Mn
Mar 31, 2025 16.75 Mn
Dec 31, 2024 -126.87 Mn
Sep 30, 2024 -141.40 Mn
Jun 30, 2024 25.70 Mn
Mar 31, 2024 2.17 Mn
Dec 31, 2023 19.34 Mn
Sep 30, 2023 23.10 Mn
Jun 30, 2023 65.12 Mn
Mar 31, 2023 29.64 Mn
Dec 31, 2022 -5.27 Mn
Sep 30, 2022 40.64 Mn
Jun 30, 2022 -5.02 Mn
Mar 31, 2022 -25.94 Mn
Dec 31, 2021 -21.91 Mn
Sep 30, 2021 -27.52 Mn