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| 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 |