Array Technologies (ARRY) Tax Provisions (2019 - 2026)
Array Technologies (ARRY) posted Tax Provisions of $7.4 million for Q2 2026, up 247.74% on a QoQ basis from $2.1 million in Q1 2026, and down 45.66% year-over-year from $13.6 million in Q2 2025.
Analysis
Array Technologies (ARRY) Tax Provisions (2019 - 2026) Analysis & Trends
Array Technologies has reported Tax Provisions for 8 years, with the latest figure at $7.4 million in Q2 2026.
- On a quarterly basis, Tax Provisions fell 45.66% year-over-year to $7.4 million in Q2 2026; TTM through Jun 2026 was $12.4 million, a 1325.43% increase from a year earlier, with the FY2025 full-year figure at $23.0 million, up 326.07% from the prior year.
- Tax Provisions was $7.4 million for Q2 2026 at Array Technologies, up from $2.1 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 $2.9 million, with a median of $6.9 million recorded in 2023.
- The sharpest annual moves came in 2022 and 2025: Tax Provisions sank 967.24% in 2022, then soared 401.07% in 2025.
- Over 5 years, Tax Provisions stood at $13.8 million in 2022, then sank by 78.19% to $3.0 million in 2023, then tumbled by 869.4% to -$23.2 million in 2024, then surged by 69.45% to -$7.1 million in 2025, then jumped by 204.49% to $7.4 million in 2026.
- The last three Tax Provisions figures came in at $7.4 million (Q2 2026), $2.1 million (Q1 2026), and -$7.1 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 21.88 Bn | 20.15 Bn | 605.00 Mn | 36.81 Mn |
| 2 | Nextpower | 12.39 Bn | 11.18 Bn | 335.85 Mn | 33.57 Mn |
| 3 | Enphase Energy | 4.85 Bn | 3.91 Bn | 175.01 Mn | 25.82 Mn |
| 4 | Solaredge Technologies | 2.15 Bn | 1.57 Bn | 95.15 Mn | 2.33 Mn |
| 5 | T1 Energy | 1.36 Bn | 1.15 Bn | 49.10 Mn | 781,000.00 |
| 6 | Shoals Technologies | 1.18 Bn | 1.17 Bn | 49.53 Mn | 3.36 Mn |
| 7 | Canadian Solar | 910.82 Mn | -555.68 Mn | 168.48 Mn | -16.34 Mn |
| 8 | Array Technologies | 687.01 Mn | 379.71 Mn | 99.60 Mn | 7.40 Mn |
| 9 | JinkoSolar Holding | 638.26 Mn | -2.04 Bn | 75.62 Mn | 24.12 Mn |
| 10 | Toyo | 131.23 Mn | 21.19 Mn | 36.97 Mn | -4.03 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 7.40 Mn |
| Mar 31, 2026 | 2.13 Mn |
| Dec 31, 2025 | -7.08 Mn |
| Sep 30, 2025 | 9.94 Mn |
| Jun 30, 2025 | 13.62 Mn |
| Mar 31, 2025 | 6.53 Mn |
| Dec 31, 2024 | -23.18 Mn |
| Sep 30, 2024 | 3.90 Mn |
| Jun 30, 2024 | 7.81 Mn |
| Mar 31, 2024 | 1.30 Mn |
| Dec 31, 2023 | 3.01 Mn |
| Sep 30, 2023 | 7.23 Mn |
| Jun 30, 2023 | 21.40 Mn |
| Mar 31, 2023 | 8.32 Mn |
| Dec 31, 2022 | 13.82 Mn |
| Sep 30, 2022 | 10.00 Mn |
| Jun 30, 2022 | -18.44 Mn |
| Mar 31, 2022 | -14.74 Mn |
| Dec 31, 2021 | -5.22 Mn |
| Sep 30, 2021 | -5.40 Mn |