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

Array Technologies' (ARRY) quarterly Change in Taxes came in at $3.8 million in Q4 2024, up 42.16% year-on-year from $2.7 million in Q1 2024, and up 292.48% quarter-over-quarter from -$2.0 million in Q3 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 $3.8 million for Q4 2024.

  • On a quarterly basis, Change in Taxes rose 42.16% year-over-year to $3.8 million in Q4 2024; TTM through Dec 2024 was -$863000.0, a 144.58% decrease from a year earlier, with the FY2025 full-year figure at -$540000.0, up 37.43% from the prior year.
  • Change in Taxes improved to $3.8 million in Q4 2024 per ARRY's latest filing, from -$2.0 million in the prior quarter.
  • Across five years, Change in Taxes topped out at $23.2 million in Q1 2020 and bottomed at -$29.2 million in Q3 2020.
  • The 5-year median for Change in Taxes is $782000.0 (2021), against an average of -$78300.0.
  • Biggest YoY gain for Change in Taxes was 1516.53% in 2022; the steepest drop was 551.32% in 2022.
  • Year by year, Change in Taxes stood at $286000.0 in 2020, then slumped by 298.95% to -$569000.0 in 2021, then tumbled by 551.32% to -$3.7 million in 2022, then jumped by 171.94% to $2.7 million in 2023, then jumped by 42.16% to $3.8 million in 2024.
  • Per Business Quant, the three latest ARRY Change in Taxes figures stand at $3.8 million (Q4 2024), -$2.0 million (Q3 2024), and -$3.6 million (Q2 2024).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Taxes (Qtr)
1 First Solar 22.08 Bn 19.65 Bn 486.13 Mn 29.50 Mn
2 Nextpower 15.32 Bn 14.23 Bn 297.38 Mn -
3 Enphase Energy 4.98 Bn 4.05 Bn 100.39 Mn -
4 JinkoSolar Holding 3.20 Bn -107.75 Mn 147.66 Mn -
5 Solaredge Technologies 2.60 Bn 2.04 Bn 68.28 Mn -
6 Sunrun 2.35 Bn 687.09 Mn 407.49 Mn -
7 Shoals Technologies 1.55 Bn 1.55 Bn 41.01 Mn -
8 Canadian Solar 925.64 Mn 166.07 Mn 124.40 Mn -
9 Array Technologies 843.55 Mn 642.85 Mn 63.00 Mn -
10 Toyo 182.74 Mn 106.10 Mn 47.76 Mn -

Historic Data

Download Data
DateValue
Dec 31, 2024 3.79 Mn
Dec 31, 2024 3.79 Mn
Sep 30, 2024 -1.97 Mn
Sep 30, 2024 -1.97 Mn
Jun 30, 2024 -3.62 Mn
Jun 30, 2024 -3.62 Mn
Mar 31, 2024 935,000.00
Mar 31, 2024 935,000.00
Dec 31, 2023 2.67 Mn
Dec 31, 2023 2.67 Mn
Sep 30, 2023 -10.57 Mn
Sep 30, 2023 -10.57 Mn
Jun 30, 2023 4.89 Mn
Jun 30, 2023 4.89 Mn
Mar 31, 2023 4.95 Mn
Mar 31, 2023 4.95 Mn
Dec 31, 2022 -3.71 Mn
Dec 31, 2022 -3.71 Mn
Sep 30, 2022 10.17 Mn
Sep 30, 2022 10.17 Mn