Array Technologies (ARRY) Total Debt (2019 - 2026)
Array Technologies (ARRY) posted Total Debt of $668.7 million for Q2 2026, little changed on a QoQ basis from $667.2 million in Q1 2026, and down 3.62% year-over-year from $693.8 million in Q2 2025.
Analysis
Array Technologies (ARRY) Total Debt (2019 - 2026) Analysis & Trends
Array Technologies has reported Total Debt for 8 years, with the latest figure at $668.7 million in Q2 2026.
- On a quarterly basis, Total Debt fell 3.62% year-over-year to $668.7 million in Q2 2026; TTM through Jun 2026 was $668.7 million, a 3.62% decrease from a year earlier, with the FY2025 full-year figure at $673.2 million, down 0.6% from the prior year.
- Total Debt was $668.7 million for Q2 2026 at Array Technologies, roughly flat from $667.2 million in the prior quarter.
- The five-year high for Total Debt was $845.1 million in Q2 2022, with the low at $667.2 million in Q1 2026.
- Average Total Debt over 5 years is $715.3 million, with a median of $681.7 million recorded in 2023.
- The sharpest annual moves came in 2022 and 2023: Total Debt surged 154.62% in 2022, then dropped 12.44% in 2023.
- Over 5 years, Total Debt stood at $759.0 million in 2022, then dropped by 10.09% to $682.4 million in 2023, then fell by 0.75% to $677.3 million in 2024, then fell by 0.6% to $673.2 million in 2025, then slipped by 0.67% to $668.7 million in 2026.
- The last three Total Debt figures came in at $668.7 million (Q2 2026), $667.2 million (Q1 2026), and $673.2 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 21.97 Bn | 20.25 Bn | 605.00 Mn | 37.64 Mn |
| 2 | Nextpower | 12.81 Bn | 11.60 Bn | 335.85 Mn | - |
| 3 | Enphase Energy | 4.81 Bn | 3.87 Bn | 175.01 Mn | 572.84 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 | 600.89 Mn |
| 6 | Shoals Technologies | 1.20 Bn | 1.18 Bn | 49.53 Mn | 196.75 Mn |
| 7 | Canadian Solar | 896.45 Mn | 597.20 Mn | 168.48 Mn | 6.38 Bn |
| 8 | Array Technologies | 708.44 Mn | 401.13 Mn | 99.60 Mn | 668.72 Mn |
| 9 | JinkoSolar Holding | 627.24 Mn | -480.04 Mn | 75.62 Mn | 5.44 Bn |
| 10 | Toyo | 133.94 Mn | 23.90 Mn | 36.97 Mn | 28.74 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 668.72 Mn |
| Mar 31, 2026 | 667.21 Mn |
| Dec 31, 2025 | 673.22 Mn |
| Sep 30, 2025 | 680.97 Mn |
| Jun 30, 2025 | 693.85 Mn |
| Mar 31, 2025 | 678.99 Mn |
| Dec 31, 2024 | 677.28 Mn |
| Sep 30, 2024 | 676.37 Mn |
| Jun 30, 2024 | 680.74 Mn |
| Mar 31, 2024 | 680.20 Mn |
| Dec 31, 2023 | 682.42 Mn |
| Sep 30, 2023 | 697.65 Mn |
| Jun 30, 2023 | 739.94 Mn |
| Mar 31, 2023 | 774.59 Mn |
| Dec 31, 2022 | 759.04 Mn |
| Sep 30, 2022 | 772.80 Mn |
| Jun 30, 2022 | 845.05 Mn |
| Mar 31, 2022 | 826.43 Mn |
| Dec 31, 2021 | 715.36 Mn |
| Sep 30, 2021 | 303.51 Mn |