Company / SG&A Expense
Array Technologies, Inc. SG&A Expense History
FY2018-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest SG&A Expense
$198.6M
FY2025
5-year range
$41.2M / $198.6M
FY2021-FY2025
Trend
+23.7%
vs FY2024
Sector context
#218 of 311
Industrials
What the data says
At $199M, Array Technologies, Inc.'s sg&a expense ranks #94 of 311 in the Industrials sector. SG&A Expense has increased for 4 consecutive years, from $41M in FY2021 to $199M in FY2025.
Based on SEC 10-K filings.
$199M in FY2025 with a 5-year CAGR of +33.5%.
Increased from $160M to $199M over the past 2 years.
Industrials sector context is included.
SG&A Expense over time
Growth rates
- 3-Year CAGR
- +52.8%
- 5-Year CAGR
- +33.5%
- 10-Year CAGR
- -
Sector benchmark
#94 of 311 in IndustrialsTop 30% of 311This company $198.6M Sector average $849.8M
▼
-76.6% below sector average
Key checks
Key Insights
- Array Technologies, Inc.'s sg&a expense has grown for 4 consecutive years.
- 5-year CAGR of +33.5%, indicating consistent growth.
- In FY2025, sg&a expense increased 23.7% year-over-year.
- Ranks #218 out of 311 companies in the Industrials sector.
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 | SG&A ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $198.6M | +23.7% |
| FY2024 | $160.6M | +0.6% |
| FY2023 | $159.5M | +186.8% |
| FY2022 | $55.6M | +35.0% |
| FY2021 | $41.2M | -12.1% |
| FY2020 | $46.9M | +13.7% |
| FY2019 | $41.2M | -12.1% |
| FY2018 | $46.9M | - |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026