Array Technologies (ARRY) Change in Taxes (2019 - 2024)
Array Technologies' quarterly Change in Taxes came in at -$33000.0 in Q4 2024, down 101.24% year-on-year from $2.7 million in Q1 2024, and down 101.17% quarter-over-quarter from $2.8 million in Q3 2024.
Array Technologies has reported Change in Taxes for 6 years, with the latest figure at -$33000.0 in Q4 2024.
- For the quarter ending Q4 2024, Change in Taxes fell 101.24% year-over-year to -$33000.0; the trailing twelve-month figure through Dec 2024 stood at $4.1 million (up 112.4% YoY), and the FY2025 full-year result was $6.8 million, up 66.56% from the prior year.
- Change in Taxes for Q4 2024 stood at -$33000.0, down from $2.8 million in the prior quarter.
- The five-year high for Change in Taxes was $21.9 million in Q1 2022, with the low at -$14.9 million in Q2 2022.
- Average Change in Taxes over 5 years is $443050.0, with a median of -$17500.0 recorded in 2024.
- Year-over-year, Change in Taxes surged 2035.02% in 2020 and sank 645.35% in 2022.
- Tracing ARRY's Change in Taxes over 5 years: stood at $9.9 million in 2020, then sank by 84.21% to $1.6 million in 2021, then slumped by 645.35% to -$8.6 million in 2022, then soared by 131.14% to $2.7 million in 2023, then tumbled 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 | 26.65 Bn | 24.22 Bn | 486.13 Mn | 29.50 Mn |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn | - |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn | 5.79 Mn |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn | - |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn | - |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn | - |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn | - |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn | - |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn | - |
| 10 | Tigo Energy | 288.14 Mn | 276.56 Mn | 10.79 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 |
| Jun 30, 2022 | -14.86 Mn |
| Jun 30, 2022 | -14.86 Mn |
| Mar 31, 2022 | 21.92 Mn |
| Mar 31, 2022 | 21.92 Mn |
| Dec 31, 2021 | 1.57 Mn |
| Dec 31, 2021 | 1.57 Mn |
| Sep 30, 2021 | -862,000.00 |
| Sep 30, 2021 | -862,000.00 |
| Jun 30, 2021 | -10.88 Mn |
| Jun 30, 2021 | -10.88 Mn |
| Mar 31, 2021 | 2.07 Mn |
| Mar 31, 2021 | 2.07 Mn |
| Dec 31, 2020 | 9.95 Mn |
| Dec 31, 2020 | 9.95 Mn |
| Sep 30, 2020 | -12.11 Mn |
| Sep 30, 2020 | -12.11 Mn |
| Jun 30, 2020 | 19.32 Mn |
| Jun 30, 2020 | 19.32 Mn |
| Mar 31, 2020 | -628,000.00 |
| Mar 31, 2020 | -628,000.00 |
| Dec 31, 2019 | -514,000.00 |
| Dec 31, 2019 | -514,000.00 |