Array Technologies (ARRY) Total Debt (2019 - 2026)
Array Technologies (ARRY) recorded quarterly Total Debt of $667.2 million in Q1 2026, down 0.89% quarter-over-quarter from $673.2 million in Q4 2025, and down 1.74% on a YoY basis from $679.0 million in Q1 2025.
Array Technologies (ARRY) Total Debt (2019 - 2026) Analysis & Trends
Array Technologies' Total Debt history runs 8 years deep, the most recent figure standing at $667.2 million for Q1 2026.
- In Q1 2026, Total Debt fell 1.74% year-over-year to $667.2 million; the TTM figure through Mar 2026 stood at $667.2 million (down 1.74% YoY), while the FY2025 annual figure was $673.2 million, up 3.93% from the prior year.
- Total Debt was $667.2 million for Q1 2026 at Array Technologies, down from $673.2 million in the prior quarter.
- In the past five years, Total Debt ranged from a high of $845.1 million in Q2 2022 to a low of $647.8 million in Q4 2024.
- Historically, Total Debt has averaged $700.6 million across 5 years, with a median of $680.2 million in 2024.
- The sharpest annual moves came in 2022 and 2023: Total Debt surged 138.91% in 2022, then retreated 16.66% in 2023.
- A 5-year view of Total Debt shows it stood at $759.0 million in 2022, then slipped by 10.09% to $682.4 million in 2023, then declined by 5.08% to $647.8 million in 2024, then climbed by 3.93% to $673.2 million in 2025, then fell by 0.89% to $667.2 million in 2026.
- The last three Total Debt figures came in at $667.2 million (Q1 2026), $673.2 million (Q4 2025), and $676.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 28.68 Bn | 26.25 Bn | 486.13 Mn | 425.78 Mn |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn | - |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn | 572.51 Mn |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn | - |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 Mn | 443.39 Mn |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn | 181.75 Mn |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn | 667.21 Mn |
| 8 | JinkoSolar Holding | 596.69 Mn | 2.20 Bn | 147.66 Mn | 2.78 Bn |
| 9 | Tigo Energy | 209.39 Mn | 197.82 Mn | 10.79 Mn | - |
| 10 | Skycorp Solar | 110.38 Mn | 103.60 Mn | - | 2.05 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 667.21 Mn |
| Dec 31, 2025 | 673.22 Mn |
| Sep 30, 2025 | 676.04 Mn |
| Jun 30, 2025 | 660.15 Mn |
| Mar 31, 2025 | 678.99 Mn |
| Dec 31, 2024 | 647.76 Mn |
| Sep 30, 2024 | 650.19 Mn |
| Jun 30, 2024 | 680.74 Mn |
| Mar 31, 2024 | 680.20 Mn |
| Dec 31, 2023 | 682.42 Mn |
| Sep 30, 2023 | 660.69 Mn |
| Jun 30, 2023 | 704.29 Mn |
| Mar 31, 2023 | 740.21 Mn |
| Dec 31, 2022 | 759.04 Mn |
| Sep 30, 2022 | 725.11 Mn |
| Jun 30, 2022 | 845.05 Mn |
| Mar 31, 2022 | 778.25 Mn |
| Dec 31, 2021 | 712.83 Mn |
| Sep 30, 2021 | 303.51 Mn |
| Jun 30, 2021 | 495.85 Mn |