Array Technologies (ARRY) Tax Rate (2019 - 2026)
Array Technologies (ARRY) recorded quarterly Tax Rate of 50.91% in Q1 2026, up 999.79% quarter-over-quarter from 4.63% in Q4 2025, and up 2299.0% on a YoY basis from 2.12% in Q1 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 50.91% for Q1 2026.
- In Q1 2026, Tax Rate rose 2299.0% year-over-year to 50.91%; the TTM figure through Mar 2026 stood at 38.42% (down 4060.0% YoY), while the FY2025 annual figure was 78.78%, down 8285.0% from the prior year.
- Tax Rate was 50.91% for Q1 2026 at Array Technologies, up from 4.63% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 161.43% in Q4 2022 to a low of 2.8% in Q3 2024.
- Historically, Tax Rate has averaged 34.32% across 5 years, with a median of 23.74% in 2023.
- The sharpest annual moves came in 2022 and 2023: Tax Rate soared 14217 bps in 2022, then sank 14795 bps in 2023.
- A 5-year view of Tax Rate shows it stood at 161.43% in 2022, then sank by 92 bps to 13.48% in 2023, then gained by 15 bps to 15.45% in 2024, then tumbled by 70 bps to 4.63% in 2025, then jumped 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 | 28.68 Bn | 26.25 Bn | 486.13 Mn | 2.18% |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn | 5.66% |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn | 46.43% |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn | -2.29% |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 Mn | -2.43% |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn | 23.06% |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn | 50.91% |
| 8 | JinkoSolar Holding | 596.69 Mn | 2.20 Bn | 147.66 Mn | -31.47% |
| 9 | Tigo Energy | 209.39 Mn | 197.82 Mn | 10.79 Mn | 8.57% |
| 10 | Skycorp Solar | 110.38 Mn | 103.60 Mn | - | - |
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% |