Array Technologies (ARRY) Tax Rate (2019 - 2026)
Array Technologies (ARRY) reported Tax Rate of 23.33% for Q2 2026, down 0.61 percentage points from 23.94% a year earlier and down 28.26 percentage points from the prior quarter.
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Analysis
Array Technologies (ARRY) Tax Rate (2019 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Array Technologies' Tax Rate came in at -16.85%, down 16.43 percentage points year-over-year; for FY2025, it was -78.78%, down 82.85 percentage points from FY2024.
- Tax Rate has declined for three consecutive years, with a five-year change of -102.83 percentage points (FY2020 to FY2025).
- By year, Tax Rate came in at 4.06% in FY2024 (-18.47 pp), 22.53% in FY2023 (-166.97 pp), 189.50% in FY2022 (+171.96 pp) and 17.54% in FY2021 (-6.51 pp).
- Five-year quarterly Tax Rate spans a low of -2.84% in Q3 2024 and a high of 161.63% in Q4 2022.
- Year over year, Tax Rate gained in four of the last eight quarters, with an average year-over-year change of +0.53 percentage points.
- The high point for year-over-year Tax Rate in five years was Q4 2022 (a gain of 142.39 percentage points); the low point was Q4 2023 (a drop of 148.15 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 51.59% (Q1 2026), 4.63% (Q4 2025) and 22.88% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 256.40 Bn | 217.48 Bn | 2.36 Bn | 29.84% |
| 2 | Bloom Energy | 85.45 Bn | 77.27 Bn | 355.57 Mn | 0.75% |
| 3 | First Solar | 19.01 Bn | 9.97 Bn | 605.00 Mn | 8.01% |
| 4 | BWX Technologies | 12.64 Bn | 10.94 Bn | 202.31 Mn | 21.56% |
| 5 | Generac Holdings | 12.53 Bn | 11.36 Bn | 521.81 Mn | 24.61% |
| 6 | Nextpower | 12.03 Bn | 7.92 Bn | 335.85 Mn | 16.88% |
| 7 | EnerSys | 6.62 Bn | 4.81 Bn | 313.36 Mn | 13.75% |
| 8 | Enphase Energy | 4.21 Bn | -653.40 Mn | 175.01 Mn | 41.71% |
| 9 | Mirion Technologies | 3.51 Bn | 1.39 Bn | 133.10 Mn | 28.32% |
| 10 | Array Technologies | 614.49 Mn | -359.42 Mn | 99.60 Mn | 23.33% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 23.33% |
| Mar 31, 2026 | 51.59% |
| Sep 30, 2025 | 22.88% |
| Jun 30, 2025 | 23.94% |
| Mar 31, 2025 | 28.07% |
| Jun 30, 2024 | 23.31% |
| Mar 31, 2024 | 37.59% |
| Dec 31, 2023 | 13.48% |
| Sep 30, 2023 | 23.84% |
| Jun 30, 2023 | 24.74% |
| Mar 31, 2023 | 21.93% |
| Dec 31, 2022 | 161.63% |
| Sep 30, 2022 | 19.75% |
| Mar 31, 2021 | 27.10% |
| Mar 31, 2020 | 23.43% |
| Dec 31, 2019 | 24.43% |
| Sep 30, 2019 | 23.72% |
API Access
Array Technologies Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=ARRY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "ARRY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=ARRY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();