Company / Income Tax
Array Technologies, Inc. Income Tax History
FY2018-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Income Tax
$23.0M
FY2025
5-year range
-$10.2M / $39.9M
FY2021-FY2025
Trend
+326.1%
vs FY2024
Sector context
#223 of 357
Industrials
What the data says
Income Tax changed +326% YoY in FY2025, a notable deviation from the 7-year average annual change of +80%.
Based on SEC 10-K filings.
$23M in FY2025 with a 3-year CAGR of +7.2%.
Improved from $40M to $23M over the past 2 years.
Industrials sector context is included.
Income Tax over time
Growth rates
- 3-Year CAGR
- +7.2%
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Sector benchmark
#135 of 357 in IndustrialsTop 38% of 357This company $23.0M Sector average $123.9M
▼
-81.4% below sector average
Key checks
Key Insights
- 3-year CAGR of +7.2%, indicating consistent growth.
- In FY2025, income tax increased 326.1% year-over-year.
- Ranks #223 out of 357 companies in the Industrials sector.
- Peak income tax was recorded in FY2023.
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 | Income TaxValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $23.0M | +326.1% |
| FY2024 | -$10.2M | -125.5% |
| FY2023 | $39.9M | +113.4% |
| FY2022 | $18.7M | -24.7% |
| FY2021 | $24.8M | +224.6% |
| FY2020 | -$19.9M | -180.3% |
| FY2019 | $24.8M | +224.6% |
| FY2018 | -$19.9M | - |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026