Array Technologies ARRY
NASDAQ ARRY
$4.48 -0.22 (-4.68%)
As of: Sep 9, 2026 · 3:59 PM EDT

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

Array Technologies (ARRY) posted Operating Expenses of $64.8 million for Q2 2026, up 16.0% on a QoQ basis from $55.9 million in Q1 2026, and up 27.77% year-over-year from $50.7 million in Q2 2025.

Analysis

Array Technologies (ARRY) Operating Expenses (2019 - 2026) Analysis & Trends

Array Technologies has reported Operating Expenses for 8 years, with the latest figure at $64.8 million in Q2 2026.

  • On a quarterly basis, Operating Expenses rose 27.77% year-over-year to $64.8 million in Q2 2026; TTM through Jun 2026 was $348.4 million, a 34.46% decrease from a year earlier, with the FY2025 full-year figure at $327.5 million, down 37.57% from the prior year.
  • Operating Expenses was $64.8 million for Q2 2026 at Array Technologies, up from $55.9 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 $78.5 million, with a median of $55.0 million recorded in 2023.
  • The sharpest annual moves came in 2024 and 2025: Operating Expenses jumped 347.26% in 2024, then plunged 71.46% in 2025.
  • Over 5 years, Operating Expenses 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 sank by 61.28% to $64.8 million in 2026.
  • The last three Operating Expenses figures came in at $64.8 million (Q2 2026), $55.9 million (Q1 2026), and $167.4 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 First Solar 21.97 Bn 20.25 Bn 605.00 Mn 154.62 Mn
2 Nextpower 12.81 Bn 11.60 Bn 335.85 Mn 144.95 Mn
3 Enphase Energy 4.81 Bn 3.87 Bn 175.01 Mn 123.50 Mn
4 Solaredge Technologies 2.10 Bn 1.52 Bn 95.15 Mn 111.20 Mn
5 T1 Energy 1.29 Bn 1.14 Bn 49.10 Mn 71.88 Mn
6 Shoals Technologies 1.20 Bn 1.18 Bn 49.53 Mn 30.80 Mn
7 Canadian Solar 896.45 Mn 597.20 Mn 168.48 Mn 239.53 Mn
8 Array Technologies 708.44 Mn 401.13 Mn 99.60 Mn 64.84 Mn
9 JinkoSolar Holding 627.24 Mn -480.04 Mn 75.62 Mn -287.32 Mn
10 Toyo 133.94 Mn 23.90 Mn 36.97 Mn -14.41 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 64.84 Mn
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