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

Array Technologies' (ARRY) quarterly Tax Rate came in at 51.59% in Q1 2026, up 2367.0% year-on-year from 2.09% in Q1 2025, and up 1014.46% quarter-over-quarter from 4.63% in Q4 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 51.59% for Q1 2026.

  • On a quarterly basis, Tax Rate rose 2367.0% year-over-year to 51.59% in Q1 2026; TTM through Mar 2026 was 38.48%, a 4065.0% decrease from a year earlier, with the FY2025 full-year figure at 78.78%, down 8285.0% from the prior year.
  • Tax Rate climbed to 51.59% in Q1 2026 per ARRY's latest filing, from 4.63% in the prior quarter.
  • Across five years, Tax Rate topped out at 161.63% in Q4 2022 and bottomed at 2.8% in Q3 2024.
  • The 5-year median for Tax Rate is 23.74% (2023), against an average of 34.37%.
  • Across the five-year window, Tax Rate surged 14237 bps in 2022 and tumbled 14815 bps in 2023, its largest moves.
  • Year by year, Tax Rate stood at 161.63% in 2022, then plunged by 92 bps to 13.48% in 2023, then gained by 15 bps to 15.45% in 2024, then sank by 70 bps to 4.63% in 2025, then soared by 1014 bps to 51.59% in 2026.
  • Per Business Quant, the three latest ARRY Tax Rate figures stand at 51.59% (Q1 2026), 4.63% (Q4 2025), and 22.88% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 First Solar 22.08 Bn 19.65 Bn 486.13 Mn 2.18%
2 Nextpower 15.32 Bn 14.23 Bn 297.38 Mn 5.66%
3 Enphase Energy 4.98 Bn 4.05 Bn 100.39 Mn 46.76%
4 JinkoSolar Holding 3.20 Bn -107.75 Mn 147.66 Mn -31.47%
5 Solaredge Technologies 2.60 Bn 2.04 Bn 68.28 Mn -2.29%
6 Sunrun 2.35 Bn 687.09 Mn 407.49 Mn -2.43%
7 Shoals Technologies 1.55 Bn 1.55 Bn 41.01 Mn 23.06%
8 Canadian Solar 925.64 Mn 166.07 Mn 124.40 Mn -3.52%
9 Array Technologies 843.55 Mn 642.85 Mn 63.00 Mn 51.59%
10 Toyo 182.74 Mn 106.10 Mn 47.76 Mn -16.30%

Historic Data

Download Data
DateValue
Mar 31, 2026 51.59%
Mar 31, 2026 51.59%
Mar 31, 2026 51.59%
Dec 31, 2025 4.63%
Dec 31, 2025 4.63%
Dec 31, 2025 4.63%
Sep 30, 2025 22.88%
Sep 30, 2025 22.88%
Sep 30, 2025 22.88%
Jun 30, 2025 23.94%
Jun 30, 2025 23.94%
Jun 30, 2025 23.94%
Mar 31, 2025 27.92%
Mar 31, 2025 27.92%
Mar 31, 2025 27.92%
Dec 31, 2024 15.45%
Dec 31, 2024 15.45%
Dec 31, 2024 15.45%
Sep 30, 2024 -2.80%
Sep 30, 2024 -2.80%