Abstract We investigated the interannual variations in the annual mean and seasonal cycle of upward shortwave radiation at the top of the atmosphere (TOA SW↑) over the Arctic using the Clouds and the Earth’s Radiant Energy System (CERES) observation data during 2001–20. The annual mean TOA SW↑ over the Arctic showed a decreasing trend from 2001 to 2012 (−2.5 W m−2 decade−1) and had a large interannual variability after 2012. The standard deviation of detrended TOA SW↑ increased from 0.4 W m−2 in 2001–12 to 1.1 W m−2 in 2012–20. Over land, TOA SW↑ variation was related to snow cover in May; snow cover, cloud fraction, and cloud optical depth (COD) in June; and cloud fraction and COD in July. Over ocean, TOA SW↑ variation in June and July was linked to sea ice cover. TOA SW↑ variation over ocean in June and July after 2012 was highly related to the North Atlantic Oscillation (NAO). This study suggests that changes in the large annual mean TOA SW↑ variability after 2012 are explained by the timing of land snow and sea ice melt in spring and summer and cloud variability over land in summer.