Array Technologies, Inc. (ARRY)

NASDAQ: ARRY · Real-Time Price · USD

5.08

-0.03 (-0.59%)

At close: Mar 28, 2025, 4:00 PM

5.04

-0.04 (-0.79%)

After-hours: Mar 28, 2025, 7:42 PM EDT

Array Technologies Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2019 - 2018
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2019 - 2018
Revenue	915.81	1,577	1,638	853.32	872.66	Upgrade
Revenue Growth (YoY)	-41.91%	-3.72%	91.90%	-2.22%	34.69%	Upgrade
Cost of Revenue	622.13	1,161	1,425	785.02	669.86	Upgrade
Gross Profit	293.68	415.55	212.72	68.3	202.8	Upgrade
Selling, General & Admin	160.57	159.54	145.18	80.97	55.63	Upgrade
Operating Expenses	196.65	198.46	229.76	90.35	81.15	Upgrade
Operating Income	97.02	217.09	-17.04	-22.05	121.65	Upgrade
Interest Expense	-34.83	-44.23	-36.69	-35.68	-15.13	Upgrade
Interest & Investment Income	16.78	8.33	3.18	0.21	-	Upgrade
Currency Exchange Gain (Loss)	-4.52	-0.05	1.16	-	-	Upgrade
Other Non Operating Income (Expenses)	-1.01	-1.02	2.79	-0.91	-2.31	Upgrade
EBT Excluding Unusual Items	73.45	180.12	-46.61	-58.43	104.22	Upgrade
Merger & Restructuring Charges	-	-	-5.6	-	-	Upgrade
Impairment of Goodwill	-236	-	-	-	-	Upgrade
Asset Writedown	-91.9	-	-	-	-	Upgrade
Legal Settlements	-	-	42.75	-	-	Upgrade
Other Unusual Items	3.88	-2.96	4.51	-2.7	-26.44	Upgrade
Pretax Income	-250.58	177.16	-4.95	-61.12	77.78	Upgrade
Income Tax Expense	-10.18	39.92	-9.38	-10.72	18.71	Upgrade
Net Income	-240.39	137.24	4.43	-50.4	59.07	Upgrade
Preferred Dividends & Other Adjustments	55.67	51.69	48.05	15.72	-	Upgrade
Net Income to Common	-296.06	85.55	-43.62	-66.12	59.07	Upgrade
Net Income Growth	-	2996.57%	-	-	48.63%	Upgrade
Shares Outstanding (Basic)	152	151	150	130	121	Upgrade
Shares Outstanding (Diluted)	152	152	150	130	122	Upgrade
Shares Change (YoY)	-0.18%	1.47%	15.26%	6.97%	1.27%	Upgrade
EPS (Basic)	-1.95	0.57	-0.29	-0.51	0.49	Upgrade
EPS (Diluted)	-1.95	0.56	-0.29	-0.51	0.49	Upgrade
EPS Growth	-	-	-	-	47.37%	Upgrade
Free Cash Flow	146.68	214.97	130.87	-266.54	-123.54	Upgrade
Free Cash Flow Per Share	0.97	1.41	0.87	-2.05	-1.02	Upgrade
Gross Margin	32.07%	26.36%	12.99%	8.00%	23.24%	Upgrade
Operating Margin	10.59%	13.77%	-1.04%	-2.58%	13.94%	Upgrade
Profit Margin	-32.33%	5.43%	-2.66%	-7.75%	6.77%	Upgrade
Free Cash Flow Margin	16.02%	13.63%	7.99%	-31.24%	-14.16%	Upgrade
EBITDA	135.25	257.36	69.46	-10.66	149.13	Upgrade
EBITDA Margin	14.77%	16.32%	4.24%	-1.25%	17.09%	Upgrade
D&A For EBITDA	38.22	40.27	86.5	11.39	27.47	Upgrade
EBIT	97.02	217.09	-17.04	-22.05	121.65	Upgrade
EBIT Margin	10.59%	13.77%	-1.04%	-2.58%	13.94%	Upgrade
Effective Tax Rate	-	22.53%	-	-	24.05%	Upgrade

Updated Mar 3, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q