Array Technologies (ARRY) Tax Provisions (2019 - 2026)
Array Technologies' quarterly Tax Provisions came in at $2.1 million in Q1 2026, down 67.69% year-on-year from $6.5 million in Q1 2025, and up 129.69% quarter-over-quarter from -$7.1 million in Q4 2025.
Array Technologies has reported Tax Provisions for 8 years, with the latest figure at $2.1 million in Q1 2026.
- For the quarter ending Q1 2026, Tax Provisions fell 67.69% year-over-year to $2.1 million; the trailing twelve-month figure through Mar 2026 stood at $18.6 million (up 470.05% YoY), and the FY2025 full-year result was $23.0 million, up 326.07% from the prior year.
- Tax Provisions for Q1 2026 stood at $2.1 million, up from -$7.1 million in the prior quarter.
- The five-year high for Tax Provisions was $21.4 million in Q2 2023, with the low at -$23.2 million in Q4 2024.
- Average Tax Provisions over 5 years is $2.7 million, with a median of $6.5 million recorded in 2025.
- Year-over-year, Tax Provisions slumped 967.24% in 2022 and surged 400.0% in 2025.
- Tracing ARRY's Tax Provisions over 5 years: stood at $13.8 million in 2022, then tumbled by 78.17% to $3.0 million in 2023, then tumbled by 869.4% to -$23.2 million in 2024, then jumped by 69.48% to -$7.1 million in 2025, then surged by 129.69% to $2.1 million in 2026.
- The last three Tax Provisions figures came in at $2.1 million (Q1 2026), -$7.1 million (Q4 2025), and $9.9 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 26.65 Bn | 24.22 Bn | 486.13 Mn | 7.72 Mn |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn | 9.03 Mn |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn | 4.18 Mn |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn | -6.45 Mn |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn | 1.29 Mn |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn | 7.07 Mn |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn | -89,000.00 |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn | 2.10 Mn |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn | 54.98 Mn |
| 10 | Tigo Energy | 288.14 Mn | 276.56 Mn | 10.79 Mn | -164,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.10 Mn |
| Dec 31, 2025 | -7.07 Mn |
| Sep 30, 2025 | 9.94 Mn |
| Jun 30, 2025 | 13.62 Mn |
| Mar 31, 2025 | 6.50 Mn |
| Dec 31, 2024 | -23.18 Mn |
| Sep 30, 2024 | 3.85 Mn |
| Jun 30, 2024 | 7.81 Mn |
| Mar 31, 2024 | 1.30 Mn |
| Dec 31, 2023 | 3.01 Mn |
| Sep 30, 2023 | 7.20 Mn |
| Jun 30, 2023 | 21.40 Mn |
| Mar 31, 2023 | 8.32 Mn |
| Dec 31, 2022 | 13.80 Mn |
| Sep 30, 2022 | 10.00 Mn |
| Jun 30, 2022 | -18.40 Mn |
| Mar 31, 2022 | -14.74 Mn |
| Dec 31, 2021 | -5.23 Mn |
| Sep 30, 2021 | -5.36 Mn |
| Jun 30, 2021 | -1.83 Mn |
| Mar 31, 2021 | 1.70 Mn |
| Dec 31, 2020 | 605,000.00 |
| Sep 30, 2020 | 1.42 Mn |
| Jun 30, 2020 | -5.83 Mn |
| Mar 31, 2020 | 22.54 Mn |
| Dec 31, 2019 | 8.66 Mn |
| Sep 30, 2019 | 5.66 Mn |