ARRY
Income statement / Annual
Last year (2023), Array Technologies, Inc.'s total revenue was $1.58 B,
a decrease of 3.72% from the previous year.
In 2023, Array Technologies, Inc.'s net income was $137.24 M.
See Array Technologies, Inc.’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
| Operating Revenue |
$1.58 B
|
$1.64 B
|
$853.32 M
|
$872.66 M
|
$647.90 M
|
$290.78 M
|
| Cost of Revenue |
$1.20 B |
$1.41 B |
$770.46 M |
$669.86 M |
$497.14 M |
$279.23 M |
| Gross Profit |
$376.62 M |
$227.28 M |
$82.86 M |
$202.80 M |
$150.76 M |
$11.56 M |
| Gross Profit Ratio |
0.24 |
0.14 |
0.1 |
0.23 |
0.23 |
0.04 |
| Research and Development
Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative
Expenses |
$159.54 M
|
$150.78 M
|
$80.97 M
|
$55.63 M
|
$41.21 M
|
$46.88 M
|
| Selling & Marketing
Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling, General &
Administrative Expenses |
$159.54 M
|
$150.78 M
|
$80.97 M
|
$55.63 M
|
$41.21 M
|
$46.88 M
|
| Other Expenses |
-$1.02 M |
$2.79 M |
-$905,000.00 |
-$2.31 M |
-$33,000.00 |
-$447,000.00 |
| Operating Expenses |
$159.54 M |
$249.92 M |
$104.90 M |
$81.15 M |
$66.71 M |
$73.59 M |
| Cost And Expenses |
$1.36 B |
$1.66 B |
$875.36 M |
$751.01 M |
$563.85 M |
$352.81 M |
| Interest Income |
$8.33 M |
$3.18 M |
$209,000.00 |
$0.00 |
$0.00 |
$0.00 |
| Interest Expense |
$44.23 M |
$33.51 M |
$35.48 M |
$15.13 M |
$18.80 M |
$19.04 M |
| Depreciation &
Amortization |
$54.83 M
|
$101.06 M
|
$25.95 M
|
$27.47 M
|
$27.30 M
|
$28.41 M
|
| EBITDA |
$271.91 M
|
$81.21 M
|
$3.00 M
|
$146.82 M
|
$111.33 M
|
-$34.03 M
|
| EBITDA Ratio |
0.17 |
0.05 |
0 |
0.17 |
0.17 |
-0.12 |
| Operating Income Ratio
|
0.14
|
-0.01
|
-0.03
|
0.11
|
0.13
|
-0.21
|
| Total Other
Income/Expenses Net |
-$39.93 M
|
$51.20 M
|
-$3.60 M
|
-$28.75 M
|
-$673,000.00
|
$378,000.00
|
| Income Before Tax |
$177.16 M |
-$4.95 M |
-$61.12 M |
$77.78 M |
$64.58 M |
-$80.70 M |
| Income Before Tax Ratio
|
0.11
|
-0
|
-0.07
|
0.09
|
0.1
|
-0.28
|
| Income Tax Expense |
$39.92 M |
-$9.38 M |
-$10.72 M |
$18.71 M |
$24.83 M |
-$19.93 M |
| Net Income |
$137.24 M |
$4.43 M |
-$50.40 M |
$59.07 M |
$39.75 M |
-$60.76 M |
| Net Income Ratio |
0.09 |
0 |
-0.06 |
0.07 |
0.06 |
-0.21 |
| EPS |
0.91 |
0.0296 |
-0.39 |
0.47 |
0.31 |
-0.48 |
| EPS Diluted |
0.9 |
0.0296 |
-0.39 |
0.47 |
0.31 |
-0.48 |
| Weighted Average Shares
Out |
$150.94 M
|
$149.82 M
|
$129.98 M
|
$126.99 M
|
$126.99 M
|
$126.99 M
|
| Weighted Average Shares
Out Diluted |
$152.02 M
|
$149.82 M
|
$129.98 M
|
$126.99 M
|
$126.99 M
|
$126.99 M
|
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