Array Technologies (ARRY) Tax Rate (2019 - 2026)
Array Technologies' quarterly Tax Rate came in at 50.91% in Q1 2026, up 2299.0% year-on-year from 2.12% in Q1 2025, and up 999.79% quarter-over-quarter from 4.63% in Q4 2025.
Array Technologies has reported Tax Rate for 8 years, with the latest figure at 50.91% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate rose 2299.0% year-over-year to 50.91%; the trailing twelve-month figure through Mar 2026 stood at 38.42% (down 4060.0% YoY), and the FY2025 full-year result was 78.78%, down 8285.0% from the prior year.
- Tax Rate for Q1 2026 stood at 50.91%, up from 4.63% in the prior quarter.
- The five-year high for Tax Rate was 161.43% in Q4 2022, with the low at 2.8% in Q3 2024.
- Average Tax Rate over 5 years is 34.32%, with a median of 23.74% recorded in 2023.
- Year-over-year, Tax Rate surged 14217 bps in 2022 and sank 14795 bps in 2023.
- Tracing ARRY's Tax Rate over 5 years: stood at 161.43% in 2022, then plunged by 92 bps to 13.48% in 2023, then advanced by 15 bps to 15.45% in 2024, then slumped by 70 bps to 4.63% in 2025, then surged by 1000 bps to 50.91% in 2026.
- The last three Tax Rate figures came in at 50.91% (Q1 2026), 4.63% (Q4 2025), and 22.88% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 26.65 Bn | 24.22 Bn | 486.13 Mn | 2.18 |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn | 5.66 |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn | -62.89 |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn | 46.43 |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn | -2.29 |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn | -2.43 |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn | 23.06 |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn | 50.91 |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn | -31.47 |
| 10 | Tigo Energy | 288.14 Mn | 276.56 Mn | 10.79 Mn | 8.57 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 50.91 |
| Mar 31, 2026 | 50.91 |
| Dec 31, 2025 | 4.63 |
| Dec 31, 2025 | 4.63 |
| Sep 30, 2025 | 22.88 |
| Sep 30, 2025 | 22.88 |
| Jun 30, 2025 | 23.94 |
| Jun 30, 2025 | 23.94 |
| Mar 31, 2025 | 27.92 |
| Mar 31, 2025 | 27.92 |
| Dec 31, 2024 | 15.45 |
| Dec 31, 2024 | 15.45 |
| Sep 30, 2024 | -2.80 |
| Sep 30, 2024 | -2.80 |
| Jun 30, 2024 | 23.31 |
| Jun 30, 2024 | 23.31 |
| Mar 31, 2024 | 37.47 |
| Mar 31, 2024 | 37.47 |
| Dec 31, 2023 | 13.48 |
| Dec 31, 2023 | 13.48 |
| Sep 30, 2023 | 23.74 |
| Sep 30, 2023 | 23.74 |
| Jun 30, 2023 | 24.74 |
| Jun 30, 2023 | 24.74 |
| Mar 31, 2023 | 21.93 |
| Mar 31, 2023 | 21.93 |
| Dec 31, 2022 | 161.43 |
| Dec 31, 2022 | 161.43 |
| Sep 30, 2022 | 19.74 |
| Sep 30, 2022 | 19.74 |
| Jun 30, 2022 | 78.43 |
| Jun 30, 2022 | 78.43 |
| Mar 31, 2022 | 36.24 |
| Mar 31, 2022 | 36.24 |
| Dec 31, 2021 | 19.26 |
| Dec 31, 2021 | 19.26 |
| Sep 30, 2021 | 16.28 |
| Sep 30, 2021 | 16.28 |
| Jun 30, 2021 | 24.91 |
| Jun 30, 2021 | 24.91 |
| Mar 31, 2021 | 27.10 |
| Mar 31, 2021 | 27.10 |
| Dec 31, 2020 | -6.58 |
| Dec 31, 2020 | -6.58 |
| Sep 30, 2020 | -24.50 |
| Sep 30, 2020 | -24.50 |
| Jun 30, 2020 | 169.49 |
| Jun 30, 2020 | 169.49 |
| Mar 31, 2020 | 23.43 |
| Mar 31, 2020 | 23.43 |
| Dec 31, 2019 | 24.43 |
| Dec 31, 2019 | 24.43 |
| Sep 30, 2019 | 23.72 |
| Sep 30, 2019 | 23.72 |