Growth Metrics

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 🔒
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
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