Array Technologies (ARRY) Operating Income (2019 - 2026)
Array Technologies (ARRY) reported Operating Income of $34.77 million for Q2 2026, down 25.0% from $46.38 million a year earlier but up 389.0% from the prior quarter.
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Analysis
Array Technologies (ARRY) Operating Income (2019 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Array Technologies' Operating Income came in at -$60.78 million; for FY2025, it came in at -$29 million.
- By year, Operating Income came in at -$227.01 million in FY2024, $214.12 million in FY2023, -$18.13 million in FY2022 and -$24.74 million in FY2021.
- Five-year quarterly Operating Income spans a low of -$148.11 million in Q4 2025 and a high of $96.24 million in Q2 2023.
- Year over year, Operating Income gained in two of the last four quarters, with growth averaging 35.6%.
- The high point for year-over-year Operating Income in five years was Q1 2025 (growth of 224.3%); the low point was Q1 2024 (a decline of 82.3%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $7.11 million (Q1 2026), -$148.11 million (Q4 2025) and $45.45 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 18.07 Bn | 9.02 Bn | 605.00 Mn | 450.39 Mn |
| 2 | Canadian Solar | 600.12 Mn | -4.27 Bn | 168.48 Mn | -71.06 Mn |
| 3 | Ads-Tec Energy Public | 560.85 Mn | 478.54 Mn | - | - |
| 4 | Hyliion Holdings | 530.43 Mn | 196.33 Mn | 366,000.00 | -15.30 Mn |
| 5 | Array Technologies | 485.12 Mn | -488.78 Mn | 99.60 Mn | 34.77 Mn |
| 6 | Energy Vault Holdings | 471.44 Mn | 258.00 Mn | 5.38 Mn | -24.66 Mn |
| 7 | Ballard Power Systems | 430.12 Mn | -1.65 Bn | 4.08 Mn | -16.84 Mn |
| 8 | JinkoSolar Holding | 427.24 Mn | -10.55 Bn | 75.62 Mn | -211.70 Mn |
| 9 | Wallbox | 416.11 Mn | 290.14 Mn | - | - |
| 10 | Terra Innovatum Global | 222.66 Mn | -70.13 Mn | - | -6.08 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 34.77 Mn |
| 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 |
API Access
Array Technologies Operating Income API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-income&ticker=ARRY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "ticker": "ARRY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-income&ticker=ARRY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();