Arrow Financial Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	204.38	198.03	167.88	163.07	180.14	175.09
Revenue Growth (YoY)	18.31%	17.96%	2.95%	-9.48%	2.88%	6.43%
Gross Profit	204.38	198.03	167.88	163.07	180.14	175.09
Selling, General & Admin	68.29	66.57	62.65	56.27	54.38	51.65
Other Operating Expenses	38.27	43.64	39.8	40.16	31.95	26.67
Total Operating Expenses	106.56	110.21	102.45	96.43	86.33	78.32
Operating Income	97.82	87.82	65.43	66.64	93.81	96.77
Pretax Income	64.6	55.39	37.36	37.52	62.91	64.4
Provision for Income Taxes	13.47	11.44	7.65	7.45	14.11	14.55
Net Income	51.13	43.95	29.71	30.08	48.8	49.86
Net Income to Common	51.13	43.95	29.71	30.08	48.8	49.86
Net Income Growth	80.29%	47.95%	-1.22%	-38.37%	-2.12%	22.12%
Shares Outstanding (Basic)	16	17	17	17	17	17
Shares Outstanding (Diluted)	16	17	17	17	17	17
Shares Change (YoY)	-1.63%	-1.43%	-1.71%	-0.13%	0.38%	0.57%
EPS (Basic)	3.09	2.65	1.77	1.77	2.86	2.93
EPS (Diluted)	3.09	2.65	1.77	1.77	2.86	2.93
EPS Growth	81.77%	49.72%	-	-38.11%	-2.39%	21.20%
Shares Outstanding	16.53	16.45	16.74	16.94	16.55	16.52
Free Cash Flow	41.34	36.19	28.87	13.5	45.46	61.07
Free Cash Flow Growth	14.22%	25.35%	113.88%	-70.31%	-25.55%	64.24%
Free Cash Flow Per Share	2.51	2.19	1.72	0.79	2.67	3.59
Dividends Per Share	1.160	1.140	1.090	1.060	1.030	0.960
Dividend Growth	1.75%	4.59%	2.83%	2.91%	7.29%	3.00%
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	47.86%	44.35%	38.98%	40.87%	52.08%	55.27%
Profit Margin	25.02%	22.20%	17.70%	18.44%	27.09%	28.47%
FCF Margin	20.23%	18.28%	17.20%	8.28%	25.24%	34.88%
EBITDA	103.28	93.24	70.79	73.36	101.36	104.6
EBITDA Margin	50.53%	47.08%	42.17%	44.98%	56.27%	59.74%
EBIT	97.82	87.82	65.43	66.64	93.81	96.77
EBIT Margin	47.86%	44.35%	38.98%	40.87%	52.08%	55.27%
Effective Tax Rate	20.86%	20.65%	20.47%	19.84%	22.43%	22.59%

Updated May 8, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q