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| Date | Value |
|---|---|
| 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 |