Array Technologies (ARRY) Operating Income (2019 - 2026)
Array Technologies' quarterly Operating Income came in at $7.1 million in Q1 2026, down 73.94% year-on-year from $27.3 million in Q1 2025, and up 104.8% quarter-over-quarter from -$148.1 million in Q4 2025.
Array Technologies has reported Operating Income for 8 years, with the latest figure at $7.1 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Income fell 73.94% year-over-year to $7.1 million; the trailing twelve-month figure through Mar 2026 stood at -$49.2 million (up 76.38% YoY), and the FY2025 full-year result was -$29.0 million, up 87.23% from the prior year.
- Operating Income for Q1 2026 stood at $7.1 million, up from -$148.1 million in the prior quarter.
- The five-year high for Operating Income was $96.2 million in Q2 2023, with the low at -$148.1 million in Q4 2025.
- Average Operating Income over 5 years is -$3.1 million, with a median of $17.2 million recorded in 2022.
- Year-over-year, Operating Income plunged 2222.65% in 2022 and surged 821.88% in 2023.
- Tracing ARRY's Operating Income over 5 years: stood at $16.3 million in 2022, then surged by 84.84% to $30.2 million in 2023, then tumbled by 571.03% to -$142.3 million in 2024, then decreased by 4.05% to -$148.1 million in 2025, then jumped by 104.8% to $7.1 million in 2026.
- The last three Operating Income figures came in at $7.1 million (Q1 2026), -$148.1 million (Q4 2025), and $45.5 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 26.65 Bn | 24.22 Bn | 486.13 Mn | 345.30 Mn |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn | 153.59 Mn |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn | -64.06 Mn |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn | -29.64 Mn |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn | -55.04 Mn |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn | -43.51 Mn |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn | 7.72 Mn |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn | 7.11 Mn |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn | -85.26 Mn |
| 10 | Tigo Energy | 288.14 Mn | 276.56 Mn | 10.79 Mn | -2.41 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 7.11 Mn |
| Dec 31, 2025 | -148.11 Mn |
| Sep 30, 2025 | 45.45 Mn |
| Jun 30, 2025 | 46.38 Mn |
| Mar 31, 2025 | 27.28 Mn |
| Dec 31, 2024 | -142.35 Mn |
| Sep 30, 2024 | -132.68 Mn |
| Jun 30, 2024 | 39.60 Mn |
| Mar 31, 2024 | 8.41 Mn |
| Dec 31, 2023 | 30.22 Mn |
| Sep 30, 2023 | 40.21 Mn |
| Jun 30, 2023 | 96.24 Mn |
| Mar 31, 2023 | 47.46 Mn |
| Dec 31, 2022 | 16.35 Mn |
| Sep 30, 2022 | 17.19 Mn |
| Jun 30, 2022 | -13.33 Mn |
| Mar 31, 2022 | -38.34 Mn |
| Dec 31, 2021 | -20.01 Mn |
| Sep 30, 2021 | -19.52 Mn |
| Jun 30, 2021 | -574,000.00 |
| Mar 31, 2021 | 15.36 Mn |
| Dec 31, 2020 | -2.24 Mn |
| Sep 30, 2020 | -5.11 Mn |
| Jun 30, 2020 | 1.21 Mn |
| Mar 31, 2020 | 101.35 Mn |
| Dec 31, 2019 | 40.49 Mn |
| Sep 30, 2019 | 28.35 Mn |