Array Technologies (ARRY) Short term Debt (2019 - 2026)
Array Technologies (ARRY) posted Short term Debt of $11.0 million for Q2 2026, up 7.09% on a QoQ basis from $10.2 million in Q1 2026, and down 69.73% year-over-year from $36.3 million in Q2 2025.
Analysis
Array Technologies (ARRY) Short term Debt (2019 - 2026) Analysis & Trends
Array Technologies has reported Short term Debt for 8 years, with the latest figure at $11.0 million in Q2 2026.
- On a quarterly basis, Short term Debt fell 69.73% year-over-year to $11.0 million in Q2 2026; TTM through Jun 2026 was $11.0 million, a 69.73% decrease from a year earlier, with the FY2025 full-year figure at $14.6 million, down 52.62% from the prior year.
- Short term Debt was $11.0 million for Q2 2026 at Array Technologies, up from $10.2 million in the prior quarter.
- The five-year high for Short term Debt was $51.5 million in Q2 2022, with the low at $10.2 million in Q1 2026.
- Average Short term Debt over 5 years is $31.0 million, with a median of $32.5 million recorded in 2023.
- The sharpest annual moves came in 2022 and 2026: Short term Debt surged 1097.53% in 2022, then slumped 70.27% in 2026.
- Over 5 years, Short term Debt stood at $38.7 million in 2022, then tumbled by 44.5% to $21.5 million in 2023, then soared by 43.04% to $30.7 million in 2024, then tumbled by 52.62% to $14.6 million in 2025, then slipped by 24.58% to $11.0 million in 2026.
- The last three Short term Debt figures came in at $11.0 million (Q2 2026), $10.2 million (Q1 2026), and $14.6 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | First Solar | 21.97 Bn | 20.25 Bn | 605.00 Mn |
| 2 | Nextpower | 12.81 Bn | 11.60 Bn | 335.85 Mn |
| 3 | Enphase Energy | 4.81 Bn | 3.87 Bn | 175.01 Mn |
| 4 | Solaredge Technologies | 2.10 Bn | 1.52 Bn | 95.15 Mn |
| 5 | T1 Energy | 1.29 Bn | 1.14 Bn | 49.10 Mn |
| 6 | Shoals Technologies | 1.20 Bn | 1.18 Bn | 49.53 Mn |
| 7 | Canadian Solar | 896.45 Mn | 597.20 Mn | 168.48 Mn |
| 8 | Array Technologies | 708.44 Mn | 401.13 Mn | 99.60 Mn |
| 9 | JinkoSolar Holding | 627.24 Mn | -480.04 Mn | 75.62 Mn |
| 10 | Toyo | 133.94 Mn | 23.90 Mn | 36.97 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 10.98 Mn |
| Mar 31, 2026 | 10.25 Mn |
| Dec 31, 2025 | 14.55 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 |