Growth Metrics

Array Technologies (ARRY) Operating Expenses (2019 - 2026)

Array Technologies' quarterly Operating Expenses came in at $55.9 million in Q1 2026, up 13.74% year-on-year from $49.1 million in Q1 2025, and down 66.62% quarter-over-quarter from $167.4 million in Q4 2025.

Array Technologies has reported Operating Expenses for 8 years, with the latest figure at $55.9 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses rose 13.74% year-over-year to $55.9 million; the trailing twelve-month figure through Mar 2026 stood at $334.3 million (down 36.58% YoY), and the FY2025 full-year result was $327.5 million, down 37.57% from the prior year.
  • Operating Expenses for Q1 2026 stood at $55.9 million, down from $167.4 million in the prior quarter.
  • The five-year high for Operating Expenses was $220.7 million in Q4 2024, with the low at $46.4 million in Q2 2024.
  • Average Operating Expenses over 5 years is $79.3 million, with a median of $54.0 million recorded in 2023.
  • Year-over-year, Operating Expenses surged 347.26% in 2024 and sank 71.46% in 2025.
  • Tracing ARRY's Operating Expenses over 5 years: stood at $60.5 million in 2022, then declined by 10.77% to $54.0 million in 2023, then surged by 308.57% to $220.7 million in 2024, then decreased by 24.12% to $167.4 million in 2025, then tumbled by 66.62% to $55.9 million in 2026.
  • The last three Operating Expenses figures came in at $55.9 million (Q1 2026), $167.4 million (Q4 2025), and $60.2 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 First Solar 26.65 Bn 24.22 Bn 486.13 Mn 140.83 Mn
2 Nextpower 17.99 Bn 16.90 Bn 297.38 Mn 143.79 Mn
3 Canadian Solar 15.11 Bn 15.69 Bn 124.40 Mn 188.46 Mn
4 Enphase Energy 8.19 Bn 7.26 Bn 100.39 Mn 130.04 Mn
5 Solaredge Technologies 3.80 Bn 3.25 Bn 68.28 Mn 123.32 Mn
6 Sunrun 3.38 Bn 4.27 Bn 543.70 Mn 765.74 Mn
7 Shoals Technologies 1.60 Bn 1.60 Bn 41.01 Mn 33.29 Mn
8 Array Technologies 1.25 Bn 1.05 Bn 63.00 Mn 55.90 Mn
9 JinkoSolar Holding 677.44 Mn 2.29 Bn 147.66 Mn -232.93 Mn
10 Tigo Energy 288.14 Mn 276.56 Mn 10.79 Mn 13.20 Mn

Historic Data

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DateValue
Mar 31, 2026 55.90 Mn
Dec 31, 2025 167.44 Mn
Sep 30, 2025 60.22 Mn
Jun 30, 2025 50.75 Mn
Mar 31, 2025 49.14 Mn
Dec 31, 2024 220.67 Mn
Sep 30, 2024 210.99 Mn
Jun 30, 2024 46.35 Mn
Mar 31, 2024 46.68 Mn
Dec 31, 2023 54.01 Mn
Sep 30, 2023 47.17 Mn
Jun 30, 2023 50.16 Mn
Mar 31, 2023 50.08 Mn
Dec 31, 2022 60.53 Mn
Sep 30, 2022 59.39 Mn
Jun 30, 2022 53.28 Mn
Mar 31, 2022 64.93 Mn
Dec 31, 2021 15.74 Mn
Sep 30, 2021 25.41 Mn
Jun 30, 2021 21.08 Mn
Mar 31, 2021 30.81 Mn
Dec 31, 2020 37.69 Mn
Sep 30, 2020 31.84 Mn
Jun 30, 2020 20.99 Mn
Mar 31, 2020 17.07 Mn
Dec 31, 2019 20.10 Mn
Sep 30, 2019 18.58 Mn