Array Technologies ARRY
NASDAQ ARRY
$4.48 -0.22 (-4.68%)
As of: Sep 9, 2026 · 3:59 PM EDT

Array Technologies (ARRY) Tax Rate (2019 - 2026)

Array Technologies (ARRY) posted Tax Rate of 23.33% for Q2 2026, down 54.78% on a QoQ basis from 51.59% in Q1 2026, and down 61.0% year-over-year from 59.81% in Q2 2025.

Analysis

Array Technologies (ARRY) Tax Rate (2019 - 2026) Analysis & Trends

Array Technologies has reported Tax Rate for 8 years, with the latest figure at 23.33% in Q2 2026.

  • On a quarterly basis, Tax Rate fell 61.0% year-over-year to 23.33% in Q2 2026; TTM through Jun 2026 was 16.85%, a 1643.0% decrease from a year earlier, with the FY2025 full-year figure at 78.78%, down 8285.0% from the prior year.
  • Tax Rate was 23.33% for Q2 2026 at Array Technologies, down from 51.59% in the prior quarter.
  • The five-year high for Tax Rate was 161.63% in Q4 2022, with the low at 2.84% in Q3 2024.
  • Average Tax Rate over 5 years is 33.78%, with a median of 23.58% recorded in 2023.
  • The sharpest annual moves came in 2022 and 2023: Tax Rate soared 14239 bps in 2022, then slumped 14815 bps in 2023.
  • Over 5 years, Tax Rate stood at 161.63% in 2022, then sank 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 jumped by 403 bps to 23.33% in 2026.
  • The last three Tax Rate figures came in at 23.33% (Q2 2026), 51.59% (Q1 2026), and 4.63% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 First Solar 21.97 Bn 20.25 Bn 605.00 Mn 8.01%
2 Nextpower 12.81 Bn 11.60 Bn 335.85 Mn 16.88%
3 Enphase Energy 4.81 Bn 3.87 Bn 175.01 Mn 41.71%
4 Solaredge Technologies 2.10 Bn 1.52 Bn 95.15 Mn -8.19%
5 T1 Energy 1.29 Bn 1.14 Bn 49.10 Mn -2.16%
6 Shoals Technologies 1.20 Bn 1.18 Bn 49.53 Mn 21.67%
7 Canadian Solar 896.45 Mn 597.20 Mn 168.48 Mn 24.26%
8 Array Technologies 708.44 Mn 401.13 Mn 99.60 Mn 23.33%
9 JinkoSolar Holding 627.24 Mn -480.04 Mn 75.62 Mn -12.60%
10 Toyo 133.94 Mn 23.90 Mn 36.97 Mn -18.80%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 23.33%
Mar 31, 2026 51.59%
Dec 31, 2025 4.63%
Sep 30, 2025 22.88%
Jun 30, 2025 23.94%
Mar 31, 2025 28.07%
Dec 31, 2024 15.45%
Sep 30, 2024 -2.84%
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%
Jun 30, 2022 78.58%
Mar 31, 2022 36.24%
Dec 31, 2021 19.24%
Sep 30, 2021 16.40%