Growth Metrics

Array Technologies (ARRY) Total Debt (2019 - 2026)

Array Technologies' quarterly Total Debt came in at $667.2 million in Q1 2026, down 1.74% year-on-year from $679.0 million in Q1 2025, and down 0.89% quarter-over-quarter from $673.2 million in Q4 2025.

Array Technologies has reported Total Debt for 8 years, with the latest figure at $667.2 million in Q1 2026.

  • For the quarter ending Q1 2026, Total Debt fell 1.74% year-over-year to $667.2 million; the trailing twelve-month figure through Mar 2026 stood at $667.2 million (down 1.74% YoY), and the FY2025 full-year result was $673.2 million, up 3.93% from the prior year.
  • Total Debt for Q1 2026 stood at $667.2 million, down from $673.2 million in the prior quarter.
  • The five-year high for Total Debt was $845.1 million in Q2 2022, with the low at $647.8 million in Q4 2024.
  • Average Total Debt over 5 years is $700.6 million, with a median of $680.2 million recorded in 2024.
  • Year-over-year, Total Debt jumped 138.91% in 2022 and slipped 16.66% in 2023.
  • Tracing ARRY's Total Debt over 5 years: stood at $759.0 million in 2022, then dropped by 10.09% to $682.4 million in 2023, then fell by 5.08% to $647.8 million in 2024, then grew by 3.93% to $673.2 million in 2025, then retreated 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 26.65 Bn 24.22 Bn 486.13 Mn 425.78 Mn
2 Nextpower 17.99 Bn 16.90 Bn 297.38 Mn -
3 Canadian Solar 15.11 Bn 15.69 Bn 124.40 Mn 5.34 Bn
4 Enphase Energy 8.19 Bn 7.26 Bn 100.39 Mn 572.51 Mn
5 Solaredge Technologies 3.80 Bn 3.25 Bn 68.28 Mn -
6 Sunrun 3.38 Bn 4.27 Bn 543.70 Mn 443.39 Mn
7 Shoals Technologies 1.60 Bn 1.60 Bn 41.01 Mn 181.75 Mn
8 Array Technologies 1.25 Bn 1.05 Bn 63.00 Mn 667.21 Mn
9 JinkoSolar Holding 677.44 Mn 2.29 Bn 147.66 Mn 2.78 Bn
10 Tigo Energy 288.14 Mn 276.56 Mn 10.79 Mn -

Historic Data

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DateValue
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
Mar 31, 2021 401.25 Mn
Dec 31, 2020 428.28 Mn
Dec 31, 2019 6.29 Mn