Array Technologies (ARRY) Net Income (2019 - 2026)
Array Technologies (ARRY) recorded quarterly Net Income of $2.0 million in Q1 2026, up 101.39% quarter-over-quarter from -$145.7 million in Q4 2025, and down 87.93% on a YoY basis from $16.8 million in Q1 2025.
Array Technologies (ARRY) Net Income (2019 - 2026) Analysis & Trends
Array Technologies' Net Income history runs 8 years deep, the most recent figure standing at $2.0 million for Q1 2026.
- In Q1 2026, Net Income fell 87.93% year-over-year to $2.0 million; the TTM figure through Mar 2026 stood at -$67.0 million (up 70.34% YoY), while the FY2025 annual figure was -$52.2 million, up 78.27% from the prior year.
- Net Income was $2.0 million for Q1 2026 at Array Technologies, up from -$145.7 million in the prior quarter.
- In the past five years, Net Income ranged from a high of $65.1 million in Q2 2023 to a low of -$145.7 million in Q4 2025.
- Historically, Net Income has averaged -$8.8 million across 5 years, with a median of $16.8 million in 2025.
- The sharpest annual moves came in 2023 and 2024: Net Income soared 1386.9% in 2023, then sank 755.91% in 2024.
- A 5-year view of Net Income shows it stood at -$5.3 million in 2022, then surged by 468.35% to $19.3 million in 2023, then tumbled by 755.91% to -$126.9 million in 2024, then declined by 14.88% to -$145.7 million in 2025, then soared by 101.39% to $2.0 million in 2026.
- The last three Net Income figures came in at $2.0 million (Q1 2026), -$145.7 million (Q4 2025), and $33.5 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 28.68 Bn | 26.25 Bn | 486.13 Mn | 346.62 Mn |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn | 150.60 Mn |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn | -7.45 Mn |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn | -57.37 Mn |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 Mn | -297.33 Mn |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn | -297,000.00 |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn | 2.03 Mn |
| 8 | JinkoSolar Holding | 596.69 Mn | 2.20 Bn | 147.66 Mn | -228.75 Mn |
| 9 | Tigo Energy | 209.39 Mn | 197.82 Mn | 10.79 Mn | -1.75 Mn |
| 10 | Skycorp Solar | 110.38 Mn | 103.60 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.03 Mn |
| Dec 31, 2025 | -145.75 Mn |
| Sep 30, 2025 | 33.50 Mn |
| Jun 30, 2025 | 43.26 Mn |
| Mar 31, 2025 | 16.78 Mn |
| Dec 31, 2024 | -126.87 Mn |
| Sep 30, 2024 | -141.35 Mn |
| Jun 30, 2024 | 25.70 Mn |
| Mar 31, 2024 | 2.17 Mn |
| Dec 31, 2023 | 19.34 Mn |
| Sep 30, 2023 | 23.13 Mn |
| Jun 30, 2023 | 65.12 Mn |
| Mar 31, 2023 | 29.64 Mn |
| Dec 31, 2022 | -5.25 Mn |
| Sep 30, 2022 | 40.64 Mn |
| Jun 30, 2022 | -5.06 Mn |
| Mar 31, 2022 | -25.94 Mn |
| Dec 31, 2021 | -21.90 Mn |
| Sep 30, 2021 | -27.56 Mn |
| Jun 30, 2021 | -5.52 Mn |