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

Array Technologies' (ARRY) quarterly Net Margin came in at 6.06% in Q1 2026, down 682.0% year-on-year from 1.04% in Q1 2025, and up 91.5% quarter-over-quarter from 71.3% in Q4 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.

  • On a quarterly basis, Net Margin fell 682.0% year-over-year to 6.06% in Q1 2026; TTM through Mar 2026 was 10.61%, a 1591.0% increase from a year earlier, with the FY2025 full-year figure at 8.72%, up 2360.0% from the prior year.
  • Net Margin grew to 6.06% in Q1 2026 per ARRY's latest filing, from 71.3% in the prior quarter.
  • Across five years, Net Margin topped out at 10.32% in Q2 2023 and bottomed at 71.3% in Q4 2025.
  • The 5-year median for Net Margin is 0.76% (2025), against an average of 10.66%.
  • Across the five-year window, Net Margin plunged 7002 bps in 2024 and soared 7184 bps in 2025, its largest moves.
  • Year by year, Net Margin stood at 4.29% in 2022, then jumped by 141 bps to 1.76% in 2023, then tumbled by 3017 bps to 51.32% in 2024, then tumbled by 39 bps to 71.3% in 2025, then jumped by 91 bps to 6.06% in 2026.
  • Per Business Quant, the three latest ARRY Net Margin figures stand at 6.06% (Q1 2026), 71.3% (Q4 2025), and 4.67% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 First Solar 22.08 Bn 19.65 Bn 486.13 Mn 33.19%
2 Nextpower 15.32 Bn 14.23 Bn 297.38 Mn 17.10%
3 Enphase Energy 4.98 Bn 4.05 Bn 100.39 Mn -2.62%
4 JinkoSolar Holding 3.20 Bn -107.75 Mn 147.66 Mn 129.61%
5 Solaredge Technologies 2.60 Bn 2.04 Bn 68.28 Mn -18.48%
6 Sunrun 2.35 Bn 687.09 Mn 407.49 Mn -41.17%
7 Shoals Technologies 1.55 Bn 1.55 Bn 41.01 Mn -0.21%
8 Canadian Solar 925.64 Mn 166.07 Mn 124.40 Mn 7.09%
9 Array Technologies 843.55 Mn 642.85 Mn 63.00 Mn -6.06%
10 Toyo 182.74 Mn 106.10 Mn 47.76 Mn 19.90%

Historic Data

Download Data
DateValue
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%