Array Technologies, Inc. (ARRY) Income Tax Expense
The tax expense for Array Technologies, Inc. (ARRY) is $23.02 Million with a year-over-year change of +326.07%. Income tax expense is the amount a company pays in federal, state, and foreign income taxes based on its taxable income for the period.
ARRY Tax Expense Chart
Current Tax Expense
$23.02M
$23.02 Million
Year-over-Year Change
+326.07%
vs. $-10.18M prior year
Historical Data
8
Years of data available
Annual Tax Expense History
| Year | Tax Expense | YoY Change | % Change |
|---|---|---|---|
| 2025 | $23.02M | +$33.20M | +326.07% |
| 2024 | $-10.18M | $-50.10M | -125.51% |
| 2023 | $39.92M | +$49.30M | +525.37% |
| 2022 | $-9.38M | +$1.33M | +12.45% |
| 2021 | $-10.72M | $-29.42M | -157.30% |
| 2020 | $18.70M | $-6.13M | -24.68% |
| 2019 | $24.83M | +$44.77M | +224.59% |
| 2018 | $-19.93M | — | — |
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