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
DateValue
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%