Array Technologies (FRA:9AY) Tax Provision: €-16 Mil (TTM As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:9AY Array Technologies Inc FRA:9AY
67 GF Score
Price €4.84
GF Value €7.64
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Array Technologies Tax Provision?

Array Technologies FRA:9AY +8.47% 67 Tax Provision is €-16 Mil as of Mar. 2026. GuruFocus rates FRA:9AY with a GF Score™ of 67/100 and a GF Value™ of €7.64 (Possible Value Trap). The stock has 3 warning signs investors should review.

Array Technologies's tax provision for the three months ended in Mar. 2026 was €-2 Mil. Its tax provision for the trailing twelve months (TTM) ended in Mar. 2026 was €-16 Mil.


Array Technologies Tax Provision Historical Data

* Premium members only.

The historical data trend for Array Technologies's Tax Provision can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Array Technologies Tax Provision Chart

Array Technologies Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Tax Provision
Get a 7-Day Free Trial 9.49 8.86 -36.60 9.72 -19.66

Array Technologies Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Tax Provision Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -6.04 -11.81 -8.47 6.04 -1.84
FRA:9AY
67GF Score
Array Technologies Inc FRA:9AY
Tax Provision is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Array Technologies Tax Provision Calculation

Tax to be paid.

Tax Provision for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €-16 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Tax Provision →
What does a Tax Provision of €-16 Mil mean?
Array Technologies (FRA:9AY) has a Tax Provision of €-16 Mil as of Mar. 2026. Provision for taxes is the amount of tax the company owes based on pre-tax income. View historical data on Array Technologies and its competitors.
Is Array Technologies' Tax Provision too high?
Array Technologies' current Tax Provision is €-16 Mil. Overall, Array Technologies has a GF Score™ of 67/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Array Technologies' Tax Provision compare to JKS and CSIQ?
Array Technologies' Tax Provision of €-16 Mil can be compared against companies in the Semiconductors industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Provision for a Semiconductors company?
A good Tax Provision depends on the Semiconductors industry context. However, Tax Provision should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Provision mean?
A high Tax Provision can signal that a stock is expensive relative to its fundamentals. Provision for taxes is the amount of tax the company owes based on pre-tax income. View historical data on Array Technologies and its competitors. Array Technologies's current Tax Provision is €-16 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Array Technologies stock overvalued right now?
Based on GuruFocus' analysis, Array Technologies (FRA:9AY) is currently considered Possible Value Trap. The stock's GF Value™ is €7.64, compared to a current price of €4.84 — trading 36.7% below its estimated fair value. The current Tax Provision is €-16 Mil. Array Technologies' overall GF Score™ is 67/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Provision calculated?
Tax Provision is calculated from a company's financial statements. For Array Technologies (FRA:9AY), the current Tax Provision is €-16 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Array Technologies (FRA:9AY) Overvalued in 2026?

Based on GuruFocus' analysis, Array Technologies stock appears to be undervalued. The current stock price of €4.84 is trading 36.7% below its estimated GF Value™ of €7.64. GuruFocus considers Array Technologies to be Possible Value Trap.

Key valuation signals for FRA:9AY:

  • Tax Provision: €-16 Mil
  • GF Value™: €7.64 vs. price of €4.84 (36.7% below fair value)
  • GF Score™: 67/100 with 3 warning signs

No single metric tells the full story. See the FRA:9AY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Array Technologies Business Description

Other Exchanges ARRY:USA9AY:Germany
Address 3901 Midway Place NE, Albuquerque, NM, USA, 87109
Array Technologies Inc manufacturer of ground-mounting systems used in solar energy projects. The company's segments include: the Array legacy operating segment (Array Legacy Operations) and the STI Operations operating segment (STI Operations). It derives maximum revenue from the Array legacy operating segment. Its product is an integrated system of steel supports, electric motors, gearboxes, and electronic controllers referred to as a single-axis tracker that moves solar panels throughout the day to maintain an optimal orientation to the sun, which increases their energy production. Geographically, the company's operations are in the United States, Australia, Spain, Brazil, and the rest of the world, with the United States deriving the majority of the revenue.
67GF Score

Get the complete analysis for FRA:9AY

Tax Provision is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€4.84
Price
€7.64
GF Value