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
Download Data| Date | Value |
|---|---|
| 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 |