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
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%