The present disclosure provides an array substrate, a display panel and a display device. The array substrate includes: a base substrate; a low temperature poly-silicon thin film transistor located on the base substrate and including a poly-silicon active layer and a first gate which are laminated on the base substrate; an oxide thin film transistor located on the base substrate and including an oxide active layer and a second gate which are laminated on the base substrate; and a light shielding layer, where an overlapping area of a projection of the light shielding layer on the base substrate and an orthographic projection of the oxide active layer on the base substrate is S1, an overlapping area of the projection of the light shielding layer on the base substrate and an orthographic projection of the poly-silicon active layer on the base substrate is S2, and S1 is greater than S2.