Array Technologies (ARRY) Operating Income (2019 - 2026)

Array Technologies (ARRY) recorded quarterly Operating Income of $7.1 million in Q1 2026, up 104.8% quarter-over-quarter from -$148.1 million in Q4 2025, and down 73.94% on a YoY basis from $27.3 million in Q1 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 was $7.1 million for Q1 2026 at Array Technologies, up from -$148.1 million in the prior quarter.
  • In the past five years, Operating Income ranged from a high of $96.2 million in Q2 2023 to a low of -$148.1 million in Q4 2025.
  • Historically, Operating Income has averaged -$3.1 million across 5 years, with a median of $17.2 million in 2022.
  • The sharpest annual moves came in 2022 and 2023: Operating Income plunged 2222.65% in 2022, then soared 821.88% in 2023.
  • A 5-year view of Operating Income shows it stood at $16.3 million in 2022, then jumped by 84.84% to $30.2 million in 2023, then plunged by 571.03% to -$142.3 million in 2024, then retreated by 4.05% to -$148.1 million in 2025, then soared 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 28.68 Bn 26.25 Bn 486.13 Mn 345.30 Mn
2 Nextpower 18.03 Bn 16.93 Bn 297.38 Mn 153.59 Mn
3 Enphase Energy 7.16 Bn 6.23 Bn 100.39 Mn -29.64 Mn
4 Solaredge Technologies 3.68 Bn 3.13 Bn 68.28 Mn -55.04 Mn
5 Sunrun 3.02 Bn 3.91 Bn 543.70 Mn -43.51 Mn
6 Shoals Technologies 1.75 Bn 1.75 Bn 41.01 Mn 7.72 Mn
7 Array Technologies 1.19 Bn 987.00 Mn 63.00 Mn 7.11 Mn
8 JinkoSolar Holding 596.69 Mn 2.20 Bn 147.66 Mn -85.26 Mn
9 Tigo Energy 209.39 Mn 197.82 Mn 10.79 Mn -2.41 Mn
10 Skycorp Solar 110.38 Mn 103.60 Mn - -

Historic Data

Download Data
DateValue
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