Array Technologies (ARRY) Net Income (2019 - 2026)
Array Technologies (ARRY) posted quarterly Net Income of $2.0 million for Q1 2026, down 88.1% year-over-year from $16.8 million in Q1 2025, and up 101.37% quarter-over-quarter from -$145.7 million in Q4 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 88.1% year-over-year to $2.0 million; the TTM figure through Mar 2026 stood at -$67.0 million (up 70.33% YoY), while the FY2025 annual figure was -$52.2 million, up 78.27% from the prior year.
- Net Income for Q1 2026 stood at $2.0 million, up from -$145.7 million in the prior quarter.
- The five-year high for Net Income was $65.2 million in Q2 2023, with the low at -$145.7 million in Q4 2025.
- The 5-year median for Net Income is $16.8 million (2025), against an average of -$8.8 million.
- The sharpest annual moves came in 2023 and 2024: Net Income jumped 1397.07% in 2023, then plunged 755.91% in 2024.
- Array Technologies' Net Income stood at -$5.3 million in 2022, then jumped by 467.16% to $19.3 million in 2023, then slumped by 755.91% to -$126.9 million in 2024, then dropped by 14.88% to -$145.7 million in 2025, then soared by 101.37% to $2.0 million in 2026.
- Business Quant data shows ARRY's Net Income at $2.0 million in Q1 2026, -$145.7 million in Q4 2025, and $33.5 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.96 Bn | 21.23 Bn | 605.00 Mn | 422.57 Mn |
| 2 | Nextpower | 13.17 Bn | 11.95 Bn | 335.85 Mn | 165.36 Mn |
| 3 | Enphase Energy | 5.12 Bn | 4.18 Bn | 175.01 Mn | 36.08 Mn |
| 4 | Sunrun | 2.25 Bn | 2.25 Bn | 527.54 Mn | -208.17 Mn |
| 5 | Solaredge Technologies | 1.90 Bn | 1.32 Bn | 95.15 Mn | -30.75 Mn |
| 6 | Shoals Technologies | 1.22 Bn | 1.21 Bn | 49.53 Mn | 12.14 Mn |
| 7 | Canadian Solar | 984.93 Mn | -603.36 Mn | 124.40 Mn | 130.80 Mn |
| 8 | JinkoSolar Holding | 839.49 Mn | -2.47 Bn | 147.66 Mn | -228.75 Mn |
| 9 | Array Technologies | 721.63 Mn | 414.33 Mn | 99.60 Mn | 24.32 Mn |
| 10 | Toyo | 177.47 Mn | 100.83 Mn | 47.76 Mn | 39.48 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 24.32 Mn |
| Mar 31, 2026 | 2.00 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 | 65.17 Mn |
| Mar 31, 2023 | 29.66 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 | -21.90 Mn |
| Sep 30, 2021 | -27.56 Mn |