Array Technologies (ARRY) Income Statement: Revenue & Earnings

Array Technologies Income Statement Analysis

Revenue, earnings, and profit margins in billions USD

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Array Technologies, Inc. income statement - Annual data in billions USD
Breakdown	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Revenue & Gross Profit
Revenue	0.92	1.58	1.64	0.85	0.87
Cost of Revenue	0.62	1.16	1.42	0.79	0.67
Gross Profit	0.30	0.42	0.21	0.07	0.20
Operating Expenses
Research & Development	0.00	0.01	0.00	0.00	0.00
Selling, General & Administrative	0.16	0.16	0.17	0.08	0.06
Operating Expenses	0.52	0.20	0.24	0.09	0.08
Operating Income	-0.23	0.22	-0.02	-0.02	0.12
Other Income/Expense
Interest Income	0.02	0.01	0.00	0.00	0.00
Interest Expense	0.03	-0.04	-0.04	0.04	-0.02
Other Income/Expense	-0.02	0.00	0.05	0.00	0.00
Income
Income Before Tax	-0.25	0.18	0.00	-0.06	0.08
Income Tax Expense	-0.01	0.04	-0.01	-0.01	0.02
Net Income	-0.24	0.14	0.00	-0.05	0.06
Net Income - Continuous Operations	-0.24	0.14	0.00	-0.05	0.00
Net Income - Discontinued Operations	0.00	0.00	0.00	0.00	0.00
EBITDA	-0.16	0.26	0.13	0.00	0.15
EBIT	-0.25	0.22	0.03	-0.03	0.12
Depreciation & Amortization	0.05	0.04	0.08	0.01	0.03
Earnings Per Share
Basic EPS	-2.00	1.00	-	-1.00	-
Diluted EPS	-2.00	1.00	-	-1.00	-
Basic Shares Outstanding	0.15	0.15	0.15	0.13	0.12
Diluted Shares Outstanding	0.15	0.15	0.15	0.13	0.12