Array Technologies (ARRY) Tax Rate (2019 - 2026)
Array Technologies' (ARRY) quarterly Tax Rate came in at 51.59% in Q1 2026, up 2367.0% year-on-year from 2.09% in Q1 2025, and up 1014.46% quarter-over-quarter from 4.63% in Q4 2025.
Array Technologies (ARRY) Tax Rate (2019 - 2026) Analysis & Trends
Array Technologies' Tax Rate history runs 8 years deep, the most recent figure standing at 51.59% for Q1 2026.
- On a quarterly basis, Tax Rate rose 2367.0% year-over-year to 51.59% in Q1 2026; TTM through Mar 2026 was 38.48%, a 4065.0% decrease from a year earlier, with the FY2025 full-year figure at 78.78%, down 8285.0% from the prior year.
- Tax Rate climbed to 51.59% in Q1 2026 per ARRY's latest filing, from 4.63% in the prior quarter.
- Across five years, Tax Rate topped out at 161.63% in Q4 2022 and bottomed at 2.8% in Q3 2024.
- The 5-year median for Tax Rate is 23.74% (2023), against an average of 34.37%.
- Across the five-year window, Tax Rate surged 14237 bps in 2022 and tumbled 14815 bps in 2023, its largest moves.
- Year by year, Tax Rate stood at 161.63% in 2022, then plunged by 92 bps to 13.48% in 2023, then gained by 15 bps to 15.45% in 2024, then sank by 70 bps to 4.63% in 2025, then soared by 1014 bps to 51.59% in 2026.
- Per Business Quant, the three latest ARRY Tax Rate figures stand at 51.59% (Q1 2026), 4.63% (Q4 2025), and 22.88% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.08 Bn | 19.65 Bn | 486.13 Mn | 2.18% |
| 2 | Nextpower | 15.32 Bn | 14.23 Bn | 297.38 Mn | 5.66% |
| 3 | Enphase Energy | 4.98 Bn | 4.05 Bn | 100.39 Mn | 46.76% |
| 4 | JinkoSolar Holding | 3.20 Bn | -107.75 Mn | 147.66 Mn | -31.47% |
| 5 | Solaredge Technologies | 2.60 Bn | 2.04 Bn | 68.28 Mn | -2.29% |
| 6 | Sunrun | 2.35 Bn | 687.09 Mn | 407.49 Mn | -2.43% |
| 7 | Shoals Technologies | 1.55 Bn | 1.55 Bn | 41.01 Mn | 23.06% |
| 8 | Canadian Solar | 925.64 Mn | 166.07 Mn | 124.40 Mn | -3.52% |
| 9 | Array Technologies | 843.55 Mn | 642.85 Mn | 63.00 Mn | 51.59% |
| 10 | Toyo | 182.74 Mn | 106.10 Mn | 47.76 Mn | -16.30% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 51.59% |
| Mar 31, 2026 | 51.59% |
| Mar 31, 2026 | 51.59% |
| Dec 31, 2025 | 4.63% |
| Dec 31, 2025 | 4.63% |
| Dec 31, 2025 | 4.63% |
| Sep 30, 2025 | 22.88% |
| Sep 30, 2025 | 22.88% |
| Sep 30, 2025 | 22.88% |
| Jun 30, 2025 | 23.94% |
| Jun 30, 2025 | 23.94% |
| Jun 30, 2025 | 23.94% |
| Mar 31, 2025 | 27.92% |
| Mar 31, 2025 | 27.92% |
| Mar 31, 2025 | 27.92% |
| Dec 31, 2024 | 15.45% |
| Dec 31, 2024 | 15.45% |
| Dec 31, 2024 | 15.45% |
| Sep 30, 2024 | -2.80% |
| Sep 30, 2024 | -2.80% |