Array Technologies (ARRY) Tax Rate (2019 - 2026)
Array Technologies (ARRY) posted quarterly Tax Rate of 51.59% for Q1 2026, up 2367.0% year-over-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.
- In Q1 2026, Tax Rate rose 2367.0% year-over-year to 51.59%; the TTM figure through Mar 2026 stood at 38.48% (down 4065.0% YoY), while the FY2025 annual figure was 78.78%, down 8285.0% from the prior year.
- Tax Rate for Q1 2026 stood at 51.59%, up from 4.63% in the prior quarter.
- The five-year high for Tax Rate was 161.63% in Q4 2022, with the low at 2.8% in Q3 2024.
- The 5-year median for Tax Rate is 23.74% (2023), against an average of 34.37%.
- The sharpest annual moves came in 2022 and 2023: Tax Rate surged 14237 bps in 2022, then slumped 14815 bps in 2023.
- Array Technologies' Tax Rate stood at 161.63% in 2022, then sank by 92 bps to 13.48% in 2023, then rose by 15 bps to 15.45% in 2024, then slumped by 70 bps to 4.63% in 2025, then surged by 1014 bps to 51.59% in 2026.
- Business Quant data shows ARRY's Tax Rate at 51.59% in Q1 2026, 4.63% in Q4 2025, and 22.88% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 23.03 Bn | 21.30 Bn | 605.00 Mn | 8.01% |
| 2 | Nextpower | 13.25 Bn | 12.03 Bn | 335.85 Mn | 16.88% |
| 3 | Enphase Energy | 5.07 Bn | 4.13 Bn | 175.01 Mn | 41.71% |
| 4 | Sunrun | 2.24 Bn | 2.24 Bn | 527.54 Mn | 1.87% |
| 5 | Solaredge Technologies | 1.89 Bn | 1.31 Bn | 95.15 Mn | -8.19% |
| 6 | Shoals Technologies | 1.24 Bn | 1.22 Bn | 49.53 Mn | 21.67% |
| 7 | Canadian Solar | 991.33 Mn | -596.96 Mn | 124.40 Mn | -3.52% |
| 8 | JinkoSolar Holding | 831.90 Mn | -2.48 Bn | 147.66 Mn | -31.47% |
| 9 | Array Technologies | 727.79 Mn | 420.48 Mn | 99.60 Mn | 23.33% |
| 10 | Toyo | 170.12 Mn | 93.48 Mn | 47.76 Mn | -16.30% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 23.33% |
| Jun 30, 2026 | 23.33% |
| Jun 30, 2026 | 23.33% |
| 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% |