Array Technologies (ARRY) Receivables (2019 - 2026)
Array Technologies (ARRY) recorded quarterly Receivables of $402.8 million in Q1 2026, up 10.55% quarter-over-quarter from $364.4 million in Q4 2025, and up 5.44% on a YoY basis from $382.0 million in Q1 2025.
Array Technologies (ARRY) Receivables (2019 - 2026) Analysis & Trends
Array Technologies' Receivables history runs 8 years deep, the most recent figure standing at $402.8 million for Q1 2026.
- In Q1 2026, Receivables rose 5.44% year-over-year to $402.8 million; the TTM figure through Mar 2026 stood at $402.8 million (up 5.44% YoY), while the FY2025 annual figure was $364.4 million, down 1.48% from the prior year.
- Receivables was $402.8 million for Q1 2026 at Array Technologies, up from $364.4 million in the prior quarter.
- In the past five years, Receivables ranged from a high of $644.0 million in Q2 2023 to a low of $341.7 million in Q1 2024.
- Historically, Receivables has averaged $466.6 million across 5 years, with a median of $477.6 million in 2025.
- The sharpest annual moves came in 2022 and 2024: Receivables surged 198.97% in 2022, then plunged 39.72% in 2024.
- A 5-year view of Receivables shows it stood at $522.7 million in 2022, then slipped by 16.82% to $434.8 million in 2023, then fell by 14.93% to $369.8 million in 2024, then decreased by 1.48% to $364.4 million in 2025, then increased by 10.55% to $402.8 million in 2026.
- The last three Receivables figures came in at $402.8 million (Q1 2026), $364.4 million (Q4 2025), and $497.5 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 28.68 Bn | 26.25 Bn | 486.13 Mn | 1.41 Bn |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn | 950.30 Mn |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn | 336.42 Mn |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn | 277.70 Mn |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 Mn | 237.93 Mn |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn | 193.96 Mn |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn | 402.83 Mn |
| 8 | JinkoSolar Holding | 596.69 Mn | 2.20 Bn | 147.66 Mn | 1.99 Bn |
| 9 | Tigo Energy | 209.39 Mn | 197.82 Mn | 10.79 Mn | 14.17 Mn |
| 10 | Skycorp Solar | 110.38 Mn | 103.60 Mn | - | 11.38 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 402.83 Mn |
| Dec 31, 2025 | 364.38 Mn |
| Sep 30, 2025 | 497.48 Mn |
| Jun 30, 2025 | 477.61 Mn |
| Mar 31, 2025 | 382.04 Mn |
| Dec 31, 2024 | 369.84 Mn |
| Sep 30, 2024 | 359.61 Mn |
| Jun 30, 2024 | 388.22 Mn |
| Mar 31, 2024 | 341.70 Mn |
| Dec 31, 2023 | 434.76 Mn |
| Sep 30, 2023 | 501.74 Mn |
| Jun 30, 2023 | 644.00 Mn |
| Mar 31, 2023 | 536.72 Mn |
| Dec 31, 2022 | 522.70 Mn |
| Sep 30, 2022 | 622.13 Mn |
| Jun 30, 2022 | 559.68 Mn |
| Mar 31, 2022 | 526.92 Mn |
| Dec 31, 2021 | 347.23 Mn |
| Sep 30, 2021 | 231.22 Mn |
| Jun 30, 2021 | 187.21 Mn |