Array Technologies (ARRY) Times Interest Earned (2019 - 2026)
Array Technologies' quarterly Times Interest Earned came in at $1.28 in Q1 2026, down 62.37% year-on-year from $3.4 in Q1 2025, and up 104.73% quarter-over-quarter from -$27.02 in Q4 2025.
Array Technologies has reported Times Interest Earned for 8 years, with the latest figure at $1.28 in Q1 2026.
- For the quarter ending Q1 2026, Times Interest Earned fell 62.37% year-over-year to $1.28; the trailing twelve-month figure through Mar 2026 stood at -$1.98 (up 67.77% YoY), and the FY2025 full-year result was -$1.06, up 83.72% from the prior year.
- Times Interest Earned for Q1 2026 stood at $1.28, up from -$27.02 in the prior quarter.
- The five-year high for Times Interest Earned was $9.01 in Q3 2025, with the low at -$27.02 in Q4 2025.
- Average Times Interest Earned over 5 years is -$1.12, with a median of $1.95 recorded in 2022.
- Year-over-year, Times Interest Earned tumbled 1825.94% in 2022 and surged 600.15% in 2023.
- Tracing ARRY's Times Interest Earned over 5 years: stood at $1.27 in 2022, then soared by 168.84% to $3.41 in 2023, then plunged by 563.19% to -$15.8 in 2024, then plunged by 70.95% to -$27.02 in 2025, then soared by 104.73% to $1.28 in 2026.
- The last three Times Interest Earned figures came in at $1.28 (Q1 2026), -$27.02 (Q4 2025), and $9.01 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Times Interest Earned (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 26.65 Bn | 24.22 Bn | 486.13 Mn | 45.35 |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn | - |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn | 1.32 |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn | -46.83 |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn | - |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn | - |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn | 2.66 |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn | 1.28 |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn | - |
| 10 | Tigo Energy | 288.14 Mn | 276.56 Mn | 10.79 Mn | -2,410.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.28 |
| Dec 31, 2025 | -27.02 |
| Sep 30, 2025 | 9.01 |
| Jun 30, 2025 | 5.29 |
| Mar 31, 2025 | 3.40 |
| Dec 31, 2024 | -15.80 |
| Sep 30, 2024 | -16.05 |
| Jun 30, 2024 | 4.60 |
| Mar 31, 2024 | 0.94 |
| Dec 31, 2023 | 3.41 |
| Sep 30, 2023 | 3.08 |
| Jun 30, 2023 | 8.31 |
| Mar 31, 2023 | 4.42 |
| Dec 31, 2022 | 1.27 |
| Sep 30, 2022 | 1.95 |
| Jun 30, 2022 | -1.66 |
| Mar 31, 2022 | -5.52 |
| Dec 31, 2021 | -2.89 |
| Sep 30, 2021 | -1.49 |
| Jun 30, 2021 | -0.09 |
| Mar 31, 2021 | 1.71 |
| Dec 31, 2020 | -0.33 |
| Sep 30, 2020 | -7.59 |
| Jun 30, 2020 | 0.50 |
| Mar 31, 2020 | 19.38 |
| Dec 31, 2019 | 8.23 |
| Sep 30, 2019 | 6.31 |