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