Array Technologies (ARRY) Times Interest Earned (2019 - 2026)
Array Technologies (ARRY) posted Times Interest Earned of 6.01 for Q2 2026, up 370.18% on a QoQ basis from 1.28 in Q1 2026, and up 13.6% year-over-year from 5.29 in Q2 2025.
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Array Technologies (ARRY) Times Interest Earned (2019 - 2026) Analysis & Trends
Array Technologies has reported Times Interest Earned for 8 years, with the latest figure at 6.01 in Q2 2026.
- On a quarterly basis, Times Interest Earned rose 13.6% year-over-year to 6.01 in Q2 2026; TTM through Jun 2026 was 2.78, a 52.99% increase from a year earlier, with the FY2025 full-year figure at 1.06, up 83.72% from the prior year.
- Times Interest Earned was 6.01 for Q2 2026 at Array Technologies, up from 1.28 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 0.73, with a median of 2.51 recorded in 2023.
- The sharpest annual moves came in 2022 and 2023: Times Interest Earned slumped 1825.94% in 2022, then jumped 600.15% in 2023.
- Over 5 years, Times Interest Earned 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 jumped by 122.24% to 6.01 in 2026.
- The last three Times Interest Earned figures came in at 6.01 (Q2 2026), 1.28 (Q1 2026), and 27.02 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Times Interest Earned (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.26 Bn | 20.53 Bn | 605.00 Mn | 80.96 |
| 2 | Nextpower | 12.25 Bn | 11.04 Bn | 335.85 Mn | - |
| 3 | Enphase Energy | 4.86 Bn | 3.93 Bn | 175.01 Mn | 157.55 |
| 4 | Solaredge Technologies | 2.25 Bn | 1.67 Bn | 95.15 Mn | -1.30 |
| 5 | T1 Energy | 1.29 Bn | 1.08 Bn | 49.10 Mn | - |
| 6 | Shoals Technologies | 1.19 Bn | 1.18 Bn | 49.53 Mn | 5.39 |
| 7 | Canadian Solar | 877.81 Mn | -588.69 Mn | 168.48 Mn | -1.12 |
| 8 | Array Technologies | 700.09 Mn | 392.79 Mn | 99.60 Mn | 6.01 |
| 9 | JinkoSolar Holding | 608.82 Mn | -2.07 Bn | 75.62 Mn | -3.71 |
| 10 | Toyo | 131.54 Mn | 21.49 Mn | 36.97 Mn | 81.10 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.01 |
| 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 |