ARRY
Array Technologies, Inc.
NASDAQ · Energy · Solar · US
$4.55
+0.27%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 1.2B | 1.3B | 915.8M | 1.6B | 1.6B |
| Cost of Revenue | 897.4M | 985.6M | 618.1M | 1.2B | 1.4B |
| Gross Profit | 287.6M | 298.6M | 297.7M | 415.6M | 212.7M |
| Operating Expenses | |||||
| R&D Expense | — | — | — | — | — |
| SG&A Expense | 214.4M | 198.6M | 160.6M | 159.5M | 150.8M |
| General & Admin Expense | 214.4M | 198.6M | 160.6M | 159.5M | 150.8M |
| Selling & Marketing Expense | — | — | — | — | — |
| Other Expenses | 33.8M | 26.2M | 364.1M | 41.9M | 80.1M |
| Total Operating Expenses | 248.2M | 224.8M | 524.7M | 201.4M | 230.9M |
| Cost and Expenses | 1.1B | 1.2B | 1.1B | 1.4B | 1.7B |
| Operating Income (EBIT) | 39.4M | 73.7M | (227.0M) | 214.1M | (18.1M) |
| Non-Operating | |||||
| Interest Income | 9.5M | 11.9M | 16.8M | 8.3M | 3.2M |
| Interest Expense | 21.9M | 27.3M | 34.8M | 44.2M | 36.7M |
| Net Interest Income | (12.4M) | (15.5M) | (18.0M) | (35.9M) | (33.5M) |
| Other Non-Op Income/Expense | (112.9M) | (103.0M) | (23.6M) | (37.0M) | 13.2M |
| Non-Operating Income (excl Interest) | 94.1M | 75.6M | (11.3M) | (7.3M) | (49.9M) |
| EBT (Pre-Tax Income) | (73.5M) | (29.2M) | (250.6M) | 177.2M | (5.0M) |
| Income Tax Expense | 12.4M | 23.0M | (10.2M) | 39.9M | (9.4M) |
| Bottom Line | |||||
| Net Income | (85.9M) | (52.2M) | (240.4M) | 137.2M | 4.4M |
| Earnings from Cont. Ops | (85.9M) | (52.2M) | (240.4M) | 137.2M | 4.4M |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | (147.9M) | (112.0M) | (296.1M) | 85.5M | (43.6M) |
| Per Share | |||||
| Basic EPS | ($0.98) | ($0.73) | ($1.95) | $0.57 | ($0.29) |
| Diluted EPS | ($0.98) | ($0.73) | ($1.95) | $0.56 | ($0.29) |
| Revenue Per Share | $7.70 | $8.42 | $6.03 | $10.44 | $10.93 |
| Shares | |||||
| Basic Shares Outstanding | 153.9M | 152.5M | 151.8M | 150.9M | 149.8M |
| Diluted Shares Outstanding | 155.7M | 152.5M | 151.8M | 152.0M | 149.8M |
| Profitability Metrics | |||||
| EBITDA | 4.2M | 45.4M | (163.0M) | 276.2M | 132.8M |
| D&A | 58.9M | 47.3M | 52.8M | 54.8M | 101.1M |
| EBIT | (54.7M) | (1.9M) | (215.8M) | 221.4M | 31.7M |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026