Array Technologies (ARRY) Operating Income (2019 - 2026)
Array Technologies (ARRY) posted quarterly Operating Income of $7.1 million for Q1 2026, down 73.94% year-over-year from $27.3 million in Q1 2025, and up 104.8% quarter-over-quarter from -$148.1 million in Q4 2025.
Array Technologies (ARRY) Operating Income (2019 - 2026) Analysis & Trends
Array Technologies' Operating Income history runs 8 years deep, the most recent figure standing at $7.1 million for Q1 2026.
- In Q1 2026, Operating Income fell 73.94% year-over-year to $7.1 million; the TTM figure through Mar 2026 stood at -$49.2 million (up 76.38% YoY), while the FY2025 annual figure 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.
- The 5-year median for Operating Income is $17.2 million (2022), against an average of -$3.1 million.
- The sharpest annual moves came in 2022 and 2023: Operating Income tumbled 2222.65% in 2022, then surged 821.88% in 2023.
- Array Technologies' Operating Income stood at $16.3 million in 2022, then soared by 84.84% to $30.2 million in 2023, then tumbled by 571.03% to -$142.3 million in 2024, then fell by 4.05% to -$148.1 million in 2025, then surged by 104.8% to $7.1 million in 2026.
- Business Quant data shows ARRY's Operating Income at $7.1 million in Q1 2026, -$148.1 million in Q4 2025, and $45.5 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 23.03 Bn | 21.30 Bn | 605.00 Mn | 450.39 Mn |
| 2 | Nextpower | 13.25 Bn | 12.03 Bn | 335.85 Mn | 190.91 Mn |
| 3 | Enphase Energy | 5.07 Bn | 4.13 Bn | 175.01 Mn | 51.52 Mn |
| 4 | Sunrun | 2.24 Bn | 2.24 Bn | 527.54 Mn | 34.79 Mn |
| 5 | Solaredge Technologies | 1.89 Bn | 1.31 Bn | 95.15 Mn | -16.05 Mn |
| 6 | Shoals Technologies | 1.24 Bn | 1.22 Bn | 49.53 Mn | 18.72 Mn |
| 7 | Canadian Solar | 991.33 Mn | -596.96 Mn | 124.40 Mn | -64.06 Mn |
| 8 | JinkoSolar Holding | 831.90 Mn | -2.48 Bn | 147.66 Mn | -85.26 Mn |
| 9 | Array Technologies | 727.79 Mn | 420.48 Mn | 99.60 Mn | 34.77 Mn |
| 10 | Toyo | 170.12 Mn | 93.48 Mn | 47.76 Mn | 36.27 Mn |
Historic Data
Download 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 |