Array Technologies (ARRY) Total Debt (2019 - 2026)
Array Technologies (ARRY) posted Total Debt of $657.75 million for Q2 2026, down 5.2% from $693.85 million a year earlier and down 1.3% from the prior quarter.
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Analysis
Array Technologies (ARRY) Total Debt (2019 - 2026) Analysis & Trends
At the end of FY2025, Array Technologies' Total Debt came in at $668.98 million, down 1.2% from FY2024.
- Annual Total Debt has declined for three consecutive years, though with a five-year compound annual growth rate of 9.3% (FY2020 to FY2025).
- In prior years, Array Technologies' Total Debt was $677.28 million in FY2024 (-0.8%), $682.42 million in FY2023 (-10.1%), $759.04 million in FY2022 (+6.1%) and $715.36 million in FY2021 (+67.0%).
- The Q2 2026 figure stands as the lowest quarterly Total Debt since Q3 2021.
- On a year-over-year basis, Total Debt has declined in each of the last three quarters, with an average decline of 1.2% over the last eight quarters.
- The strongest year-over-year quarter for Total Debt in the past five years was Q3 2022, with growth of 154.6%; the weakest was Q2 2023, with a decline of 12.4%.
- According to Business Quant data, Total Debt for the three prior quarters was $666.42 million (Q1 2026), $668.98 million (Q4 2025) and $680.97 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 18.07 Bn | 9.02 Bn | 605.00 Mn | 37.64 Mn |
| 2 | Canadian Solar | 600.12 Mn | -4.27 Bn | 168.48 Mn | 6.38 Bn |
| 3 | Ads-Tec Energy Public | 560.85 Mn | 478.54 Mn | - | 49.29 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 | 657.75 Mn |
| 6 | Energy Vault Holdings | 471.44 Mn | 258.00 Mn | 5.38 Mn | 243.01 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 | 5.45 Bn |
| 9 | Wallbox | 416.11 Mn | 290.14 Mn | - | 238.51 Mn |
| 10 | Terra Innovatum Global | 222.66 Mn | -70.13 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 657.75 Mn |
| Mar 31, 2026 | 666.42 Mn |
| Dec 31, 2025 | 668.98 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 | 740.21 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 |
API Access
Array Technologies Total 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=total-debt&ticker=ARRY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-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=total-debt&ticker=ARRY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();