Array Technologies, Inc. (ARRY) Gross Margin: 23.66%
Is Array Technologies, Inc.’s gross margin high or low?
Array Technologies, Inc.'s gross margin of 23.66% is 12% above its 5-year average of 21.06%, around the middle of its 5-year range (8.00%–32.50%).
As of Saturday, June 20, 2026. 15.12% below its 12-month average of 27.88%.
ARRY Gross Margin Chart
ARRY Average Gross Margin Chart
ARRY Current vs Average Gross Margin Chart
ARRY Gross Margin Metrics
GROSS MARGIN
23.66%
GROSS MARGIN AVG TTM
27.88%
GROSS MARGIN AVG 3Y
23.77%
GROSS MARGIN AVG 5Y
21.06%
GROSS MARGIN AVG 10Y
N/A
GROSS MARGIN AVG 15Y
N/A
GROSS MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
-15.12%
CURRENT VS 3Y AVG
-0.48%
CURRENT VS 5Y AVG
+12.36%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
ARRY Competitors' Gross Margin
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Array Technologies, Inc. (ARRY) | $1.23B | 23.66% | 27.88% | 23.77% | 21.06% |
| Emeren Group, Ltd. (SOL)vs › | $995.64M | 33.95% | 24.94% | 28.59% | 27.63% |
| enCore Energy Corp. (EU)vs › | $320.48M | 22.33% | 5.06% | 14.79% | 9.86% |
| Helmerich & Payne, Inc. (HP)vs › | $3.49B | 11.29% | 20.61% | 19.84% | 12.13% |
| California Resources Corporation (CRC)vs › | $4.91B | 37.83% | 40.13% | 45.19% | 42.41% |
| Weatherford International plc (WFRD)vs › | $6.59B | 45.89% | 28.16% | 30.12% | 28.30% |
| Enphase Energy, Inc. (ENPH)vs › | $6.89B | 44.23% | 46.97% | 45.48% | 44.46% |
| Antero Midstream Corporation (AM)vs › | $10.31B | 64.52% | 64.44% | 63.13% | 63.71% |
| Coterra Energy Inc. (CTRA)vs › | $24.72B | 39.00% | 39.05% | 47.66% | 46.04% |
| Venture Global, Inc. (VG)vs › | $26.91B | 44.58% | 57.82% | 64.86% | 51.88% |
Gross Margin Analysis
Gross Margin
23.7%
(Revenue - COGS) / Revenue
Array Technologies, Inc. Gross Margin Formula & Definition
Gross Margin = Gross Profit / Revenue
Gross margin is the percentage of revenue remaining after the cost of goods sold, reflecting core product profitability.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Array Technologies, Inc. Gross Margin FAQ
- What is the gross margin for Array Technologies, Inc. (ARRY)?
- The gross margin for ARRY stock is 23.66%.
- Is Array Technologies, Inc.'s gross margin high or low?
- Array Technologies, Inc.'s gross margin of 23.66% is 12% above its 5-year average of 21.06%, around the middle of its 5-year range (8.00%–32.50%).
- What is the TTM average gross margin for Array Technologies, Inc. (ARRY)?
- The TTM average gross margin for ARRY stock is 27.88%.
- What is the 3Y average gross margin for Array Technologies, Inc. (ARRY)?
- The 3Y average gross margin for ARRY stock is 23.77%.
- What is the 5Y average gross margin for Array Technologies, Inc. (ARRY)?
- The 5Y average gross margin for ARRY stock is 21.06%.
Array Technologies, Inc. Gross Margin History
| DATE | GROSS MARGIN |
|---|---|
| 2025-12-31 | 23.25% |
| 2024-12-31 | 32.50% |
| 2023-12-31 | 26.36% |
| 2022-12-31 | 12.99% |
| 2021-12-31 | 8.00% |
| 2020-12-31 | 23.24% |
| 2019-12-31 | 23.27% |
| 2018-12-31 | 3.97% |
Related Metrics
About Array Technologies, Inc.
Array Technologies, Inc. (ARRY) develops, manufactures, and provides solar tracking solutions and complementary products for customers both within the United States and internationally. A key offering is the DuraTrack HZ v3, a system designed for single-axis solar panel tracking. Additionally, the company offers SmarTrack, an intelligent software powered by machine learning that continuously determines the optimal alignment for solar arrays in real time to maximize energy output. This enterprise was established in 1989 and its corporate headquarters are situated in Albuquerque, New Mexico.
- Sector
- Energy
- Industry
- Solar
- CEO
- Kevin G. Hostetler