Array Technologies, Inc. (ARRY)
NASDAQ: ARRY · Real-Time Price · USD
5.95
+0.45 (8.18%)
At close: May 9, 2025, 4:00 PM
6.36
+0.41 (6.89%)
Pre-market: May 12, 2025, 8:23 AM EDT
Array Technologies Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | 2018 - 2019 |
|---|---|---|---|---|---|---|---|
Period Ending | Mar '25 Mar 31, 2025 | 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 | 2018 - 2019 |
| Revenue | 1,065 | 915.81 | 1,577 | 1,638 | 853.32 | 872.66 | Upgrade
|
| Revenue Growth (YoY) | -21.31% | -41.91% | -3.72% | 91.90% | -2.22% | 34.69% | Upgrade
|
| Cost of Revenue | 745.75 | 622.13 | 1,161 | 1,425 | 785.02 | 669.86 | Upgrade
|
| Gross Profit | 319.02 | 293.68 | 415.55 | 212.72 | 68.3 | 202.8 | Upgrade
|
| Selling, General & Admin | 166.73 | 160.57 | 159.54 | 145.18 | 80.97 | 55.63 | Upgrade
|
| Operating Expenses | 198.54 | 196.65 | 198.46 | 229.76 | 90.35 | 81.15 | Upgrade
|
| Operating Income | 120.48 | 97.02 | 217.09 | -17.04 | -22.05 | 121.65 | Upgrade
|
| Interest Expense | -33.92 | -34.83 | -44.23 | -36.69 | -35.68 | -15.13 | Upgrade
|
| Interest & Investment Income | 16.42 | 16.78 | 8.33 | 3.18 | 0.21 | - | Upgrade
|
| Currency Exchange Gain (Loss) | -3.33 | -4.52 | -0.05 | 1.16 | - | - | Upgrade
|
| Other Non Operating Income (Expenses) | -1.8 | -1.01 | -1.02 | 2.79 | -0.91 | -2.31 | Upgrade
|
| EBT Excluding Unusual Items | 97.85 | 73.45 | 180.12 | -46.61 | -58.43 | 104.22 | Upgrade
|
| Merger & Restructuring Charges | - | - | - | -5.6 | - | - | Upgrade
|
| Impairment of Goodwill | -236 | -236 | - | - | - | - | Upgrade
|
| Asset Writedown | -91.9 | -91.9 | - | - | - | - | Upgrade
|
| Legal Settlements | - | - | - | 42.75 | - | - | Upgrade
|
| Other Unusual Items | -0.71 | 3.88 | -2.96 | 4.51 | -2.7 | -26.44 | Upgrade
|
| Pretax Income | -230.77 | -250.58 | 177.16 | -4.95 | -61.12 | 77.78 | Upgrade
|
| Income Tax Expense | -4.95 | -10.18 | 39.92 | -9.38 | -10.72 | 18.71 | Upgrade
|
| Net Income | -225.81 | -240.39 | 137.24 | 4.43 | -50.4 | 59.07 | Upgrade
|
| Preferred Dividends & Other Adjustments | 56.61 | 55.67 | 51.69 | 48.05 | 15.72 | - | Upgrade
|
| Net Income to Common | -282.42 | -296.06 | 85.55 | -43.62 | -66.12 | 59.07 | Upgrade
|
| Net Income Growth | - | - | 2996.57% | - | - | 48.63% | Upgrade
|
| Shares Outstanding (Basic) | 152 | 152 | 151 | 150 | 130 | 121 | Upgrade
|
| Shares Outstanding (Diluted) | 152 | 152 | 152 | 150 | 130 | 122 | Upgrade
|
| Shares Change (YoY) | 0.02% | -0.18% | 1.47% | 15.26% | 6.97% | 1.27% | Upgrade
|
| EPS (Basic) | -1.86 | -1.95 | 0.57 | -0.29 | -0.51 | 0.49 | Upgrade
|
| EPS (Diluted) | -1.86 | -1.95 | 0.56 | -0.29 | -0.51 | 0.49 | Upgrade
|
| EPS Growth | - | - | - | - | - | 47.37% | Upgrade
|
| Free Cash Flow | 86.16 | 146.68 | 214.97 | 130.87 | -266.54 | -123.54 | Upgrade
|
| Free Cash Flow Per Share | 0.57 | 0.97 | 1.41 | 0.87 | -2.05 | -1.02 | Upgrade
|
| Gross Margin | 29.96% | 32.07% | 26.36% | 12.99% | 8.00% | 23.24% | Upgrade
|
| Operating Margin | 11.31% | 10.59% | 13.77% | -1.04% | -2.58% | 13.94% | Upgrade
|
| Profit Margin | -26.52% | -32.33% | 5.43% | -2.66% | -7.75% | 6.77% | Upgrade
|
| Free Cash Flow Margin | 8.09% | 16.02% | 13.63% | 7.99% | -31.24% | -14.16% | Upgrade
|
| EBITDA | 154.51 | 135.25 | 257.36 | 69.46 | -10.66 | 149.13 | Upgrade
|
| EBITDA Margin | 14.51% | 14.77% | 16.32% | 4.24% | -1.25% | 17.09% | Upgrade
|
| D&A For EBITDA | 34.03 | 38.22 | 40.27 | 86.5 | 11.39 | 27.47 | Upgrade
|
| EBIT | 120.48 | 97.02 | 217.09 | -17.04 | -22.05 | 121.65 | Upgrade
|
| EBIT Margin | 11.31% | 10.59% | 13.77% | -1.04% | -2.58% | 13.94% | Upgrade
|
| Effective Tax Rate | - | - | 22.53% | - | - | 24.05% | Upgrade
|
Updated May 6, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.