Array Technologies, Inc.
NASDAQ:ARRY
7.4 (USD) • At close June 5, 2025
Overview | Financials
Numbers are in millions (except for per share data and ratios) USD.
| 2025 Q1 | 2024 Q4 | 2024 Q3 | 2024 Q2 | 2024 Q1 | 2023 Q4 | 2023 Q3 | 2023 Q2 | 2023 Q1 | 2022 Q4 | 2022 Q3 | 2022 Q2 | 2022 Q1 | 2021 Q4 | 2021 Q3 | 2021 Q2 | 2021 Q1 | 2020 Q4 | 2020 Q3 | 2020 Q2 | 2020 Q1 | 2019 Q4 | 2019 Q3 | 2019 Q2 | 2019 Q1 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue
| 302.363 | 275.232 | 231.406 | 255.766 | 153.403 | 341.615 | 350.438 | 507.725 | 376.773 | 402.071 | 515.024 | 419.865 | 300.586 | 212.522 | 188.686 | 196.516 | 248.24 | 180.566 | 139.462 | 114.916 | 437.718 | 224.71 | 197.772 | 112.709 | 112.709 |
| Cost of Revenue
| 225.935 | 196.913 | 153.091 | 178.69 | 107.94 | 266.953 | 263.059 | 357.683 | 275.594 | 321.551 | 438.441 | 379.919 | 273.999 | 209.587 | 182.789 | 176.009 | 202.074 | 145.114 | 112.731 | 92.714 | 319.302 | 164.114 | 150.845 | 91.09 | 91.09 |
| Gross Profit
| 76.428 | 78.319 | 78.315 | 77.076 | 45.463 | 74.662 | 87.379 | 150.042 | 101.179 | 80.52 | 76.583 | 39.946 | 26.587 | 2.935 | 5.897 | 20.507 | 46.166 | 35.452 | 26.731 | 22.202 | 118.416 | 60.596 | 46.927 | 21.619 | 21.619 |
| Gross Profit Ratio
| 0.253 | 0.285 | 0.338 | 0.301 | 0.296 | 0.219 | 0.249 | 0.296 | 0.269 | 0.2 | 0.149 | 0.095 | 0.088 | 0.014 | 0.031 | 0.104 | 0.186 | 0.196 | 0.192 | 0.193 | 0.271 | 0.27 | 0.237 | 0.192 | 0.192 |
| Reseach & Development Expenses
| 0 | 0 | 0 | 0 | 3.639 | 0 | 0 | 0 | 3.639 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| General & Administrative Expenses
| 43.945 | 45.663 | 40.149 | 36.971 | 37.784 | 43.71 | 37.432 | 40.25 | 38.142 | 42.896 | 38.703 | 28.936 | 45.425 | 22.695 | 18.493 | 15.113 | 24.673 | 20.862 | 11.873 | 11.192 | 11.707 | 13.913 | 10.239 | 7.955 | 7.955 |
| Selling & Marketing Expenses
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| SG&A
| 43.945 | 45.663 | 40.149 | 36.971 | 37.784 | 43.71 | 37.432 | 40.25 | 38.142 | 42.896 | 38.703 | 28.936 | 45.425 | 22.695 | 18.493 | 15.113 | 24.673 | 20.862 | 11.873 | 11.192 | 11.707 | 13.913 | 10.239 | 7.955 | 7.955 |
| Other Expenses
| 5.199 | 175.002 | 170.841 | -1.794 | 0.814 | -0.888 | -0.446 | 0.125 | 0.194 | 2.816 | -1.092 | -0.371 | 0.743 | -0.408 | -0.297 | -0.122 | -0.078 | -0.142 | -0.029 | -2.242 | 0.108 | -0.139 | -0.008 | 0 | 0 |
| Operating Expenses
| 49.144 | 220.665 | 210.99 | 36.971 | 37.784 | 43.71 | 46.984 | 53.096 | 52.383 | 71.63 | 59.961 | 54.956 | 68.662 | 28.676 | 24.477 | 21.094 | 30.657 | 27.259 | 18.247 | 17.561 | 18.081 | 20.28 | 16.61 | 14.278 | 14.278 |
| Operating Income
| 27.284 | -142.346 | -132.675 | 40.105 | 7.679 | 30.952 | 40.205 | 96.241 | 47.458 | 7.416 | 17.194 | -13.332 | -38.344 | -27.366 | -19.516 | -0.574 | 15.361 | -2.24 | -5.107 | 1.211 | 101.348 | 40.494 | 28.349 | 7.283 | 7.283 |
| Operating Income Ratio
| 0.09 | -0.517 | -0.573 | 0.157 | 0.05 | 0.091 | 0.115 | 0.19 | 0.126 | 0.018 | 0.033 | -0.032 | -0.128 | -0.129 | -0.103 | -0.003 | 0.062 | -0.012 | -0.037 | 0.011 | 0.232 | 0.18 | 0.143 | 0.065 | 0.065 |
| Total Other Income Expenses Net
| -4.004 | -7.703 | -4.829 | -6.094 | -4.945 | -6.725 | -9.762 | -9.724 | -9.5 | 1.132 | 33.446 | -10.128 | -2.336 | 0.24 | -13.406 | -6.773 | -9.087 | -6.958 | -0.702 | -4.653 | -5.121 | -5.057 | -4.5 | -4.636 | -4.636 |
| Income Before Tax
| 23.28 | -150.049 | -137.504 | 33.508 | 3.469 | 22.355 | 30.443 | 87.211 | 36.008 | -0.385 | 50.64 | -23.46 | -40.68 | -34.48 | -32.922 | -7.347 | 6.274 | -9.198 | -5.809 | -3.442 | 96.227 | 35.437 | 23.849 | 2.648 | 2.648 |
| Income Before Tax Ratio
| 0.077 | -0.545 | -0.594 | 0.131 | 0.023 | 0.065 | 0.087 | 0.172 | 0.096 | -0.001 | 0.098 | -0.056 | -0.135 | -0.162 | -0.174 | -0.037 | 0.025 | -0.051 | -0.042 | -0.03 | 0.22 | 0.158 | 0.121 | 0.023 | 0.023 |
| Income Tax Expense
| 6.534 | -23.146 | 3.85 | 7.81 | 1.304 | 3.013 | 7.229 | 22.403 | 9.876 | 8.725 | 9.996 | -18.436 | -14.743 | -6.759 | -5.361 | -1.83 | 1.698 | 0.574 | 1.423 | -5.834 | 22.542 | 8.657 | 5.658 | 5.26 | 5.26 |
| Net Income
| 16.746 | -126.903 | -141.354 | 25.698 | 2.165 | 23.086 | 23.214 | 64.808 | 29.635 | -9.11 | 40.644 | -17.206 | -25.937 | -27.721 | -27.561 | -5.517 | 4.576 | -9.772 | -7.232 | 2.392 | 73.685 | 26.78 | 18.191 | -2.612 | -2.612 |
| Net Income Ratio
| 0.055 | -0.461 | -0.611 | 0.1 | 0.014 | 0.068 | 0.066 | 0.128 | 0.079 | -0.023 | 0.079 | -0.041 | -0.086 | -0.13 | -0.146 | -0.028 | 0.018 | -0.054 | -0.052 | 0.021 | 0.168 | 0.119 | 0.092 | -0.023 | -0.023 |
| EPS
| 0.02 | -0.84 | -0.93 | 0.17 | 0.014 | 0.15 | 0.15 | 0.34 | 0.17 | -0.061 | 0.27 | -0.11 | -0.17 | -0.21 | -0.21 | -0.043 | 0.04 | -0.078 | -0.057 | 0.019 | 0.58 | 0.22 | 0.14 | -0.021 | -0.021 |
| EPS Diluted
| 0.02 | -0.84 | -0.93 | 0.17 | 0.014 | 0.15 | 0.15 | 0.34 | 0.17 | -0.061 | 0.27 | -0.11 | -0.17 | -0.21 | -0.21 | -0.043 | 0.04 | -0.078 | -0.057 | 0.019 | 0.58 | 0.22 | 0.14 | -0.021 | -0.021 |
| EBITDA
| 40.886 | -128.196 | -136.888 | 55.093 | 26.173 | 40.902 | 57.007 | 110.479 | 60.041 | 44.454 | 84.34 | 11.177 | -17.724 | -13.928 | -12.09 | 5.896 | 21.99 | 4.505 | 1.727 | 5.851 | 107.196 | 47.785 | 37.147 | 14.112 | 14.112 |
| EBITDA Ratio
| 0.135 | -0.466 | -0.592 | 0.215 | 0.171 | 0.12 | 0.163 | 0.218 | 0.159 | 0.111 | 0.164 | 0.027 | -0.059 | -0.066 | -0.064 | 0.03 | 0.089 | 0.025 | 0.012 | 0.051 | 0.245 | 0.213 | 0.188 | 0.125 | 0.125 |