Array Technologies (ARRY) Net Margin (2019 - 2026)
Array Technologies (ARRY) recorded quarterly Net Margin of 6.06% in Q1 2026, up 91.5% quarter-over-quarter from 71.3% in Q4 2025, and down 682.0% on a YoY basis from 1.04% in Q1 2025.
Array Technologies (ARRY) Net Margin (2019 - 2026) Analysis & Trends
Array Technologies' Net Margin history runs 8 years deep, the most recent figure standing at 6.06% for Q1 2026.
- In Q1 2026, Net Margin fell 682.0% year-over-year to 6.06%; the TTM figure through Mar 2026 stood at 10.61% (up 1591.0% YoY), while the FY2025 annual figure was 8.72%, up 2360.0% from the prior year.
- Net Margin was 6.06% for Q1 2026 at Array Technologies, up from 71.3% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 10.32% in Q2 2023 to a low of 71.3% in Q4 2025.
- Historically, Net Margin has averaged 10.66% across 5 years, with a median of 0.76% in 2025.
- The sharpest annual moves came in 2024 and 2025: Net Margin plunged 7002 bps in 2024, then jumped 7184 bps in 2025.
- A 5-year view of Net Margin shows it stood at 4.29% in 2022, then jumped by 141 bps to 1.76% in 2023, then sank by 3017 bps to 51.32% in 2024, then sank by 39 bps to 71.3% in 2025, then jumped by 91 bps to 6.06% in 2026.
- The last three Net Margin figures came in at 6.06% (Q1 2026), 71.3% (Q4 2025), and 4.67% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 28.68 Bn | 26.25 Bn | 486.13 Mn | 33.19% |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn | 17.10% |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn | -2.63% |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn | -18.48% |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 Mn | -41.17% |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn | -0.21% |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn | -6.06% |
| 8 | JinkoSolar Holding | 596.69 Mn | 2.20 Bn | 147.66 Mn | -3.78% |
| 9 | Tigo Energy | 209.39 Mn | 197.82 Mn | 10.79 Mn | -6.95% |
| 10 | Skycorp Solar | 110.38 Mn | 103.60 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -6.06% |
| Dec 31, 2025 | -71.30% |
| Sep 30, 2025 | 4.67% |
| Jun 30, 2025 | 7.86% |
| Mar 31, 2025 | 0.76% |
| Dec 31, 2024 | -51.32% |
| Sep 30, 2024 | -67.17% |
| Jun 30, 2024 | 4.67% |
| Mar 31, 2024 | -7.39% |
| Dec 31, 2023 | 1.76% |
| Sep 30, 2023 | 2.86% |
| Jun 30, 2023 | 10.32% |
| Mar 31, 2023 | 4.55% |
| Dec 31, 2022 | -4.29% |
| Sep 30, 2022 | 5.51% |
| Jun 30, 2022 | -4.10% |
| Mar 31, 2022 | -12.49% |
| Dec 31, 2021 | -14.62% |
| Sep 30, 2021 | -17.51% |
| Jun 30, 2021 | -2.81% |