Array Technologies (ARRY) Operating Expenses (2019 - 2026)
Array Technologies (ARRY) posted quarterly Operating Expenses of $55.9 million for Q1 2026, up 13.74% year-over-year from $49.1 million in Q1 2025, and down 66.62% quarter-over-quarter from $167.4 million in Q4 2025.
Array Technologies (ARRY) Operating Expenses (2019 - 2026) Analysis & Trends
Array Technologies' Operating Expenses history runs 8 years deep, the most recent figure standing at $55.9 million for Q1 2026.
- In Q1 2026, Operating Expenses rose 13.74% year-over-year to $55.9 million; the TTM figure through Mar 2026 stood at $334.3 million (down 36.58% YoY), while the FY2025 annual figure 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.
- The 5-year median for Operating Expenses is $54.0 million (2023), against an average of $79.3 million.
- The sharpest annual moves came in 2024 and 2025: Operating Expenses surged 347.26% in 2024, then plunged 71.46% in 2025.
- Array Technologies' Operating Expenses stood at $60.5 million in 2022, then slipped by 10.77% to $54.0 million in 2023, then soared by 308.57% to $220.7 million in 2024, then fell by 24.12% to $167.4 million in 2025, then tumbled by 66.62% to $55.9 million in 2026.
- Business Quant data shows ARRY's Operating Expenses at $55.9 million in Q1 2026, $167.4 million in Q4 2025, and $60.2 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 23.03 Bn | 21.30 Bn | 605.00 Mn | 154.62 Mn |
| 2 | Nextpower | 13.25 Bn | 12.03 Bn | 335.85 Mn | 144.95 Mn |
| 3 | Enphase Energy | 5.07 Bn | 4.13 Bn | 175.01 Mn | 123.50 Mn |
| 4 | Sunrun | 2.24 Bn | 2.24 Bn | 527.54 Mn | 835.20 Mn |
| 5 | Solaredge Technologies | 1.89 Bn | 1.31 Bn | 95.15 Mn | 111.20 Mn |
| 6 | Shoals Technologies | 1.24 Bn | 1.22 Bn | 49.53 Mn | 30.80 Mn |
| 7 | Canadian Solar | 991.33 Mn | -596.96 Mn | 124.40 Mn | 188.46 Mn |
| 8 | JinkoSolar Holding | 831.90 Mn | -2.48 Bn | 147.66 Mn | -232.93 Mn |
| 9 | Array Technologies | 727.79 Mn | 420.48 Mn | 99.60 Mn | 64.84 Mn |
| 10 | Toyo | 170.12 Mn | 93.48 Mn | 47.76 Mn | -11.49 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |