Array Technologies, Inc. (ARRY) Interest Expense
The interest expense for Array Technologies, Inc. (ARRY) is $27.33 Million with a year-over-year change of -21.52%. Interest expense is the cost a company incurs for borrowed funds, including interest on bonds, loans, and other forms of debt financing.
ARRY Interest Expense Chart
Current Interest Expense
$27.33M
$27.33 Million
Year-over-Year Change
-21.52%
vs. $34.83M prior year
Historical Data
8
Years of data available
Annual Interest Expense History
| Year | Interest Expense | YoY Change | % Change |
|---|---|---|---|
| 2025 | $27.33M | $-7.49M | -21.52% |
| 2024 | $34.83M | $-9.40M | -21.26% |
| 2023 | $44.23M | +$7.54M | +20.53% |
| 2022 | $36.69M | +$1.01M | +2.83% |
| 2021 | $35.68M | +$20.55M | +135.86% |
| 2020 | $15.13M | $-3.67M | -19.51% |
| 2019 | $18.80M | $-246,000 | -1.29% |
| 2018 | $19.04M | — | — |
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