Company / Operating Margin
Array Technologies, Inc. Operating Margin History
FY2018-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Margin
-2.3%
FY2025
5-year range
-24.8% / 13.6%
FY2021-FY2025
Trend
+90.9%
vs FY2024
Sector context
#264 of 304
Industrials
What the data says
Array Technologies, Inc.'s operating margin of -2.3% is lower than 87% of companies in the Industrials sector (FY2025). Operating Margin has fluctuated over the past 8 years, ranging from -24.8% in FY2024 to 13.6% in FY2023.
Based on SEC 10-K filings.
-2.3% in FY2025 with a 5-year CAGR of +18.8%.
Declined from 13.6% to -2.3% over the past 2 years.
Industrials sector context is included.
Operating Margin over time
Growth rates
- 3-Year Change
- -13.2pp
- 5-Year Change
- +18.8pp
- 10-Year Change
- -
Sector benchmark
Bottom 13% in IndustrialsTop 87% of 304This company -2.3% Sector average -843.0%
▼
+99.7% above sector average
Key checks
Key Insights
- In FY2025, operating margin increased 90.9% year-over-year.
- Currently 840.7pp above the Industrials sector average.
- Peak operating margin was recorded in FY2023.
- Lowest operating margin in the period was in FY2024.
Company context
Key Data Points
- Altman Z-Score 0.76 (distress zone, below 1.8 threshold)
- Negative profit margin: -26.3%
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Operating MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | -2.3% | +90.9% |
| FY2024 | -24.8% | -282.5% |
| FY2023 | 13.6% | +24.5% |
| FY2022 | 10.9% | -15.2% |
| FY2021 | 12.9% | +161.1% |
| FY2020 | -21.1% | -263.5% |
| FY2019 | 12.9% | +161.2% |
| FY2018 | -21.0% | - |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026