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.
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 Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 256.40 Bn | 217.48 Bn | 2.36 Bn | 653.00 Mn |
| 2 | Bloom Energy | 85.45 Bn | 77.27 Bn | 355.57 Mn | 182.24 Mn |
| 3 | First Solar | 19.01 Bn | 9.97 Bn | 605.00 Mn | 450.39 Mn |
| 4 | BWX Technologies | 12.64 Bn | 10.94 Bn | 202.31 Mn | 114.14 Mn |
| 5 | Generac Holdings | 12.53 Bn | 11.36 Bn | 521.81 Mn | 210.43 Mn |
| 6 | Nextpower | 12.03 Bn | 7.92 Bn | 335.85 Mn | 190.91 Mn |
| 7 | EnerSys | 6.62 Bn | 4.81 Bn | 313.36 Mn | 151.41 Mn |
| 8 | Enphase Energy | 4.21 Bn | -653.40 Mn | 175.01 Mn | 51.52 Mn |
| 9 | Mirion Technologies | 3.51 Bn | 1.39 Bn | 133.10 Mn | 17.90 Mn |
| 10 | Array Technologies | 614.49 Mn | -359.42 Mn | 99.60 Mn | 34.77 Mn |
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 |
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_KEY
import 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();