Array Technologies annual net debt
2019
2020
2021
2022
2023
2024
2025
Array Technologies Net Debt Growth & History (ARRY)
Array Technologies's net debt was $521.8M for fiscal 2025.
View full Array Technologies company overviewArray Technologies annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $521.8M | $186.8M | +55.75% |
| 2024 | 2024-12-31 | $335.0M | −$123.5M | −26.94% |
| 2023 | 2023-12-31 | $458.6M | −$187.0M | −28.97% |
| 2022 | 2022-12-31 | $645.5M | $286.6M | +79.84% |
| 2021 | 2021-12-31 | $359.0M | $39.1M | +12.23% |
| 2020 | 2020-12-31 | $319.8M | $574.2M | — |
| 2019 | 2019-12-31 | −$254.3M | — | — |
Array Technologies quarterly net debt
Q4.19
Q3.20
Q4.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $445.6M | $129.0M | +40.75% |
| Q1 2026 | 2026-03-31 | $562.5M | $231.8M | +70.11% |
| Q4 2025 | 2025-12-31 | $521.8M | $186.8M | +55.75% |
| Q3 2025 | 2025-09-30 | $486.1M | $142.1M | +41.31% |
| Q2 2025 | 2025-06-30 | $316.6M | −$81.8M | −20.54% |
| Q1 2025 | 2025-03-31 | $330.7M | −$61.9M | −15.77% |
| Q4 2024 | 2024-12-31 | $335.0M | −$123.5M | −26.94% |
| Q3 2024 | 2024-09-30 | $344.0M | −$179.6M | −34.31% |
| Q2 2024 | 2024-06-30 | $398.4M | −$185.5M | −31.77% |
| Q1 2024 | 2024-03-31 | $392.6M | −$199.9M | −33.74% |
| Q4 2023 | 2023-12-31 | $458.6M | −$187.0M | −28.97% |
| Q3 2023 | 2023-09-30 | $523.6M | −$186.4M | −26.25% |
| Q2 2023 | 2023-06-30 | $584.0M | −$210.0M | −26.45% |
| Q1 2023 | 2023-03-31 | $592.5M | −$184.5M | −23.75% |
| Q4 2022 | 2022-12-31 | $645.5M | $286.6M | +79.84% |
| Q3 2022 | 2022-09-30 | $710.0M | $513.6M | +261.54% |
| Q2 2022 | 2022-06-30 | $794.0M | $302.8M | +61.66% |
| Q1 2022 | 2022-03-31 | $776.9M | $387.8M | +99.64% |
| Q4 2021 | 2021-12-31 | $359.0M | $39.1M | +12.23% |
| Q3 2021 | 2021-09-30 | $196.4M | $223.5M | — |
| Q2 2021 | 2021-06-30 | $491.2M | — | — |
| Q1 2021 | 2021-03-31 | $389.2M | — | — |
| Q4 2020 | 2020-12-31 | $319.8M | $574.2M | — |
| Q3 2020 | 2020-09-30 | −$27.1M | — | — |
| Q4 2019 | 2019-12-31 | −$254.3M | — | — |
Array Technologies net debt trends
Over the last five fiscal years, Array Technologies's net debt increased from $319.8M to $521.8M, a change of $202.0M. The latest reported quarter, Q2 2026, shows $445.6M.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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