Arrow Electronics Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	30,853	27,923	33,107	37,124	34,477
Revenue Growth (YoY)	10.49%	-15.66%	-10.82%	7.68%	20.24%
Cost of Revenue	27,396	24,570	28,958	32,288	30,275
Gross Profit	3,457	3,353	4,149	4,837	4,202
Selling, General & Admin	2,393	2,222	2,479	2,571	2,453
Other Operating Expenses	7.83	12.16	26.56	3.96	-1.28
Operating Expenses	2,538	2,397	2,686	2,762	2,647
Operating Income	918.23	956.03	1,463	2,075	1,556
Interest Expense	-210	-253.5	-340.5	-209.3	-127.8
Interest & Investment Income	46.8	54.5	66.4	33.7	14.7
Earnings From Equity Investments	3.2	1.37	6.41	7.66	3.51
Currency Exchange Gain (Loss)	3.43	6.75	7.46	8.81	8.81
Other Non Operating Income (Expenses)	-55.33	-77.58	-62.08	-18.85	-27.43
EBT Excluding Unusual Items	706.33	687.56	1,140	1,897	1,428
Merger & Restructuring Charges	-96.74	-184.94	-27.95	-6.62	-16.67
Gain (Loss) on Sale of Investments	109.89	-4.83	19.28	-2.86	12.95
Legal Settlements	-	-	62.2	-	12.5
Other Unusual Items	-1.55	-8.47	-29.4	-3.16	-
Pretax Income	717.93	489.32	1,164	1,884	1,436
Income Tax Expense	148.23	95.81	254.99	448.99	325.91
Earnings From Continuing Operations	569.69	393.51	909.36	1,435	1,110
Minority Interest in Earnings	1.57	-1.43	-5.86	-8.27	-2.27
Net Income	571.27	392.07	903.51	1,427	1,108
Net Income to Common	571.27	392.07	903.51	1,427	1,108
Net Income Growth	45.70%	-56.61%	-36.68%	28.76%	89.62%
Shares Outstanding (Basic)	52	53	56	65	72
Shares Outstanding (Diluted)	52	54	57	65	73
Shares Change (YoY)	-2.87%	-5.68%	-12.86%	-10.81%	-6.68%
EPS (Basic)	11.03	7.36	16.03	22.01	15.29
EPS (Diluted)	10.93	7.29	15.84	21.80	15.10
EPS Growth	49.93%	-53.98%	-27.34%	44.37%	103.23%
Free Cash Flow	-37.2	1,038	622.16	-111.91	335.93
Free Cash Flow Per Share	-0.71	19.29	10.91	-1.71	4.58
Gross Margin	11.20%	12.01%	12.53%	13.03%	12.19%
Operating Margin	2.98%	3.42%	4.42%	5.59%	4.51%
Profit Margin	1.85%	1.40%	2.73%	3.84%	3.21%
Free Cash Flow Margin	-0.12%	3.72%	1.88%	-0.30%	0.97%
EBITDA	1,056	1,119	1,644	2,262	1,751
EBITDA Margin	3.42%	4.01%	4.96%	6.09%	5.08%
D&A For EBITDA	137.75	162.99	181.12	187.38	195.12
EBIT	918.23	956.03	1,463	2,075	1,556
EBIT Margin	2.98%	3.42%	4.42%	5.59%	4.51%
Effective Tax Rate	20.65%	19.58%	21.90%	23.83%	22.69%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.