Array Technologies (ARRY) Net Margin (2019 - 2026)
Array Technologies' 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 has reported Net Margin for 8 years, with the latest figure at 6.06% in Q1 2026.
- For the quarter ending Q1 2026, Net Margin fell 682.0% year-over-year to 6.06%; the trailing twelve-month figure through Mar 2026 stood at 10.61% (up 1591.0% YoY), and the FY2025 full-year result was 8.72%, up 2360.0% from the prior year.
- Net Margin for Q1 2026 stood at 6.06%, up from 71.3% in the prior quarter.
- The five-year high for Net Margin was 10.32% in Q2 2023, with the low at 71.3% in Q4 2025.
- Average Net Margin over 5 years is 10.66%, with a median of 0.76% recorded in 2025.
- Year-over-year, Net Margin plunged 7002 bps in 2024 and soared 7184 bps in 2025.
- Tracing ARRY's Net Margin over 5 years: stood at 4.29% in 2022, then surged by 141 bps to 1.76% in 2023, then plunged by 3017 bps to 51.32% in 2024, then plunged by 39 bps to 71.3% in 2025, then surged 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 | 26.65 Bn | 24.22 Bn | 486.13 Mn | 33.19% |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn | 17.10% |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn | -7.09% |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn | -2.63% |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn | -18.48% |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn | -41.17% |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn | -0.21% |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn | -6.06% |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn | -3.78% |
| 10 | Tigo Energy | 288.14 Mn | 276.56 Mn | 10.79 Mn | -6.95% |
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% |
| Mar 31, 2021 | 1.84% |
| Dec 31, 2020 | -5.41% |
| Sep 30, 2020 | -5.19% |
| Jun 30, 2020 | 2.08% |
| Mar 31, 2020 | 16.83% |
| Dec 31, 2019 | 11.92% |
| Sep 30, 2019 | 9.20% |