Array Technologies (ARRY) Change in Taxes (2019 - 2024)

Array Technologies (ARRY) recorded quarterly Change in Taxes of -$33000.0 in Q4 2024, down 101.17% quarter-over-quarter from $2.8 million in Q3 2024, and down 101.24% on a YoY basis from $2.7 million in Q1 2024.

Array Technologies (ARRY) Change in Taxes (2019 - 2024) Analysis & Trends

Array Technologies' Change in Taxes history runs 6 years deep, the most recent figure standing at -$33000.0 for Q4 2024.

  • In Q4 2024, Change in Taxes fell 101.24% year-over-year to -$33000.0; the TTM figure through Dec 2024 stood at $4.1 million (up 112.4% YoY), while the FY2025 annual figure was $6.8 million, up 66.56% from the prior year.
  • Change in Taxes was -$33000.0 for Q4 2024 at Array Technologies, down from $2.8 million in the prior quarter.
  • In the past five years, Change in Taxes ranged from a high of $21.9 million in Q1 2022 to a low of -$14.9 million in Q2 2022.
  • Historically, Change in Taxes has averaged $443050.0 across 5 years, with a median of -$17500.0 in 2024.
  • The sharpest annual moves came in 2020 and 2022: Change in Taxes soared 2035.02% in 2020, then sank 645.35% in 2022.
  • A 5-year view of Change in Taxes shows it stood at $9.9 million in 2020, then slumped by 84.21% to $1.6 million in 2021, then tumbled by 645.35% to -$8.6 million in 2022, then surged by 131.14% to $2.7 million in 2023, then plunged by 101.24% to -$33000.0 in 2024.
  • The last three Change in Taxes figures came in at -$33000.0 (Q4 2024), $2.8 million (Q3 2024), and $1.3 million (Q2 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Taxes (Qtr)
1 First Solar 28.68 Bn 26.25 Bn 486.13 Mn 29.50 Mn
2 Nextpower 18.03 Bn 16.93 Bn 297.38 Mn -
3 Enphase Energy 7.16 Bn 6.23 Bn 100.39 Mn -
4 Solaredge Technologies 3.68 Bn 3.13 Bn 68.28 Mn -
5 Sunrun 3.02 Bn 3.91 Bn 543.70 Mn -
6 Shoals Technologies 1.75 Bn 1.75 Bn 41.01 Mn -
7 Array Technologies 1.19 Bn 987.00 Mn 63.00 Mn -
8 JinkoSolar Holding 596.69 Mn 2.20 Bn 147.66 Mn -
9 Tigo Energy 209.39 Mn 197.82 Mn 10.79 Mn -
10 Skycorp Solar 110.38 Mn 103.60 Mn - -

Historic Data

Download Data
DateValue
Dec 31, 2024 -33,000.00
Dec 31, 2024 -33,000.00
Sep 30, 2024 2.83 Mn
Sep 30, 2024 2.83 Mn
Jun 30, 2024 1.32 Mn
Jun 30, 2024 1.32 Mn
Mar 31, 2024 -2,000.00
Mar 31, 2024 -2,000.00
Dec 31, 2023 2.67 Mn
Dec 31, 2023 2.67 Mn
Sep 30, 2023 2.49 Mn
Sep 30, 2023 2.49 Mn
Jun 30, 2023 -2.85 Mn
Jun 30, 2023 -2.85 Mn
Mar 31, 2023 -369,000.00
Mar 31, 2023 -369,000.00
Dec 31, 2022 -8.56 Mn
Dec 31, 2022 -8.56 Mn
Sep 30, 2022 -4.11 Mn
Sep 30, 2022 -4.11 Mn