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.
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Analysis
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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | First Solar | 18.07 Bn | 9.02 Bn | 605.00 Mn |
| 2 | Canadian Solar | 600.12 Mn | -4.27 Bn | 168.48 Mn |
| 3 | Ads-Tec Energy Public | 560.85 Mn | 478.54 Mn | - |
| 4 | Hyliion Holdings | 530.43 Mn | 196.33 Mn | 366,000.00 |
| 5 | Array Technologies | 485.12 Mn | -488.78 Mn | 99.60 Mn |
| 6 | Energy Vault Holdings | 471.44 Mn | 258.00 Mn | 5.38 Mn |
| 7 | Ballard Power Systems | 430.12 Mn | -1.65 Bn | 4.08 Mn |
| 8 | JinkoSolar Holding | 427.24 Mn | -10.55 Bn | 75.62 Mn |
| 9 | Wallbox | 416.11 Mn | 290.14 Mn | - |
| 10 | Terra Innovatum Global | 222.66 Mn | -70.13 Mn | - |
Historic Data
Download Data
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 |
API Access
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_KEYimport 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();