Array Technologies (ARRY) Short term Debt (2019 - 2026)
Array Technologies (ARRY) recorded Short term Debt of $9.46 million in Q1 2026, down 72.5% from $34.47 million a year earlier and down 8.3% from the prior quarter.
Array Technologies (ARRY) Short term Debt (2019 - 2026) Analysis & Trends
At the end of FY2025, Array Technologies reported Short term Debt of $10.32 million, down 66.4% from FY2024.
- Annual Short term Debt has a five-year compound annual growth rate of 19.1% (FY2020 to FY2025).
- Across earlier years, Short term Debt came in at $30.71 million in FY2024 (+43.0%), $21.47 million in FY2023 (-44.5%), $38.69 million in FY2022 (+799.8%) and $4.3 million in FY2021 (-0.3%).
- The Q1 2026 figure is the lowest quarterly Short term Debt since Q4 2021.
- On a year-over-year basis, Short term Debt has declined for three consecutive quarters, with an average decline of 11.0% over the last eight quarters.
- Peak year-over-year performance for Short term Debt in the last five years was growth of 799.8% in Q4 2022, against a decline of 72.5% in Q1 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at $10.32 million (Q4 2025), $22.6 million (Q3 2025) and $36.26 million (Q2 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | GE Vernova | 252.99 Bn | 214.06 Bn | 2.36 Bn |
| 2 | Bloom Energy | 81.25 Bn | 73.07 Bn | 355.57 Mn |
| 3 | First Solar | 18.82 Bn | 9.78 Bn | 605.00 Mn |
| 4 | BWX Technologies | 12.55 Bn | 10.85 Bn | 202.31 Mn |
| 5 | Generac Holdings | 12.21 Bn | 11.04 Bn | 521.81 Mn |
| 6 | Nextpower | 11.82 Bn | 7.71 Bn | 335.85 Mn |
| 7 | EnerSys | 6.67 Bn | 4.86 Bn | 313.36 Mn |
| 8 | Enphase Energy | 4.36 Bn | -500.13 Mn | 175.01 Mn |
| 9 | Mirion Technologies | 3.45 Bn | 1.34 Bn | 133.10 Mn |
| 10 | Array Technologies | 620.65 Mn | -353.26 Mn | 99.60 Mn |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 9.46 Mn |
| Dec 31, 2025 | 10.32 Mn |
| Sep 30, 2025 | 22.60 Mn |
| Jun 30, 2025 | 36.26 Mn |
| Mar 31, 2025 | 34.47 Mn |
| Dec 31, 2024 | 30.71 Mn |
| Sep 30, 2024 | 28.06 Mn |
| Jun 30, 2024 | 29.22 Mn |
| Mar 31, 2024 | 22.50 Mn |
| Dec 31, 2023 | 21.47 Mn |
| Sep 30, 2023 | 38.77 Mn |
| Jun 30, 2023 | 37.45 Mn |
| Mar 31, 2023 | 34.38 Mn |
| Dec 31, 2022 | 38.69 Mn |
| Sep 30, 2022 | 47.69 Mn |
| Jun 30, 2022 | 51.49 Mn |
| Mar 31, 2022 | 48.18 Mn |
| Dec 31, 2021 | 4.30 Mn |
| Sep 30, 2021 | 4.30 Mn |
| Jun 30, 2021 | 4.30 Mn |
Array Technologies Short term Debt 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=short-term-debt&ticker=ARRY&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "short-term-debt", "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=short-term-debt&ticker=ARRY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();