Array Technologies (ARRY) Net Margin (2019 - 2026)
Array Technologies (ARRY) posted Net Margin of 2.47% for Q2 2026, up 140.7% on a QoQ basis from 6.06% in Q1 2026, and down 539.0% year-over-year from 0.56% in Q2 2025.
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Array Technologies (ARRY) Net Margin (2019 - 2026) Analysis & Trends
Array Technologies has reported Net Margin for 8 years, with the latest figure at 2.47% in Q2 2026.
- On a quarterly basis, Net Margin fell 539.0% year-over-year to 2.47% in Q2 2026; TTM through Jun 2026 was 12.48%, a 1022.0% increase from a year earlier, with the FY2025 full-year figure at 8.72%, up 2360.0% from the prior year.
- Net Margin was 2.47% for Q2 2026 at Array Technologies, up from 6.06% 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 9.93%, with a median of 1.26% recorded in 2025.
- The sharpest annual moves came in 2024 and 2025: Net Margin tumbled 7002 bps in 2024, then surged 7184 bps in 2025.
- Over 5 years, Net Margin 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 jumped by 103 bps to 2.47% in 2026.
- The last three Net Margin figures came in at 2.47% (Q2 2026), 6.06% (Q1 2026), and 71.3% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.22 Bn | 20.49 Bn | 605.00 Mn | 40.01% |
| 2 | Nextpower | 12.33 Bn | 11.12 Bn | 335.85 Mn | 17.68% |
| 3 | Enphase Energy | 4.91 Bn | 3.98 Bn | 175.01 Mn | 12.36% |
| 4 | Solaredge Technologies | 2.21 Bn | 1.63 Bn | 95.15 Mn | -8.88% |
| 5 | T1 Energy | 1.31 Bn | 1.09 Bn | 49.10 Mn | -17.80% |
| 6 | Shoals Technologies | 1.18 Bn | 1.17 Bn | 49.53 Mn | 7.43% |
| 7 | Canadian Solar | 883.88 Mn | -582.63 Mn | 168.48 Mn | -6.36% |
| 8 | Array Technologies | 700.86 Mn | 393.56 Mn | 99.60 Mn | 2.47% |
| 9 | JinkoSolar Holding | 611.42 Mn | -2.07 Bn | 75.62 Mn | -5.64% |
| 10 | Toyo | 132.84 Mn | 22.80 Mn | 36.97 Mn | 14.73% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.47% |
| 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% |