Array Technologies ARRY
NASDAQ ARRY
$4.39 -0.09 (-2.12%)
As of: Sep 10, 2026 · 10:21 AM EDT

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

Array Technologies (ARRY) posted Operating Income of $34.8 million for Q2 2026, up 389.03% on a QoQ basis from $7.1 million in Q1 2026, and down 25.04% year-over-year from $46.4 million in Q2 2025.

Analysis

Array Technologies (ARRY) Operating Income (2019 - 2026) Analysis & Trends

Array Technologies has reported Operating Income for 8 years, with the latest figure at $34.8 million in Q2 2026.

  • On a quarterly basis, Operating Income fell 25.04% year-over-year to $34.8 million in Q2 2026; TTM through Jun 2026 was -$60.8 million, a 69.81% increase from a year earlier, with the FY2025 full-year figure at -$29.0 million, up 87.23% from the prior year.
  • Operating Income was $34.8 million for Q2 2026 at Array Technologies, up from $7.1 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.
  • Average Operating Income over 5 years is -$1.0 million, with a median of $22.2 million recorded in 2022.
  • The sharpest annual moves came in 2022 and 2023: Operating Income tumbled 2222.65% in 2022, then jumped 821.88% in 2023.
  • Over 5 years, Operating Income stood at $16.3 million in 2022, then surged by 84.84% to $30.2 million in 2023, then tumbled by 571.03% to -$142.3 million in 2024, then decreased by 4.05% to -$148.1 million in 2025, then jumped by 123.47% to $34.8 million in 2026.
  • The last three Operating Income figures came in at $34.8 million (Q2 2026), $7.1 million (Q1 2026), and -$148.1 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 First Solar 21.55 Bn 19.83 Bn 605.00 Mn 450.39 Mn
2 Nextpower 12.00 Bn 10.79 Bn 335.85 Mn 190.91 Mn
3 Enphase Energy 4.58 Bn 3.64 Bn 175.01 Mn 51.52 Mn
4 Solaredge Technologies 1.85 Bn 1.26 Bn 95.15 Mn -16.05 Mn
5 T1 Energy 1.29 Bn 1.08 Bn 49.10 Mn -22.78 Mn
6 Shoals Technologies 1.14 Bn 1.13 Bn 49.53 Mn 18.72 Mn
7 Canadian Solar 860.97 Mn -605.53 Mn 168.48 Mn -71.06 Mn
8 Array Technologies 671.63 Mn 364.32 Mn 99.60 Mn 34.77 Mn
9 JinkoSolar Holding 601.61 Mn -2.08 Bn 75.62 Mn -211.70 Mn
10 Toyo 129.43 Mn 19.38 Mn 36.97 Mn 22.56 Mn
Historic Data

Historic Data

Download Data
DateValue
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