Name: ARRY Income Statement - Array Technologies Revenue & EPS | Ledgeburg
Creator: Ledgeburg
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Revenue, Cost of Revenue, Gross Profit, Operating Expenses, Operating Income, Net Income, EPS Basic, EPS Diluted

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ARRY - Array Technologies, Inc.

USD | NASDAQ | Technology

ARRY Income Statement - Array Technologies Revenue & EPS | Ledgeburg

(in millions of USD, except per-share data)	Q1 FY 26	Q4 FY 25	Q3 FY 25	Q2 FY 25	Q1 FY 25	Q4 FY 24	Q3 FY 24	Q2 FY 24	Q1 FY 24	Q4 FY 23	Q3 FY 23	Q2 FY 23	Q1 FY 23	Q4 FY 22	Q3 FY 22	Q2 FY 22	Q1 FY 22	Q4 FY 21	Q3 FY 21	Q2 FY 21	Q1 FY 21	Q4 FY 20	Q3 FY 20	Q2 FY 20	Q1 FY 20	Q3 FY 19
Revenues
Revenues	223.4	226.0	393.5	362.2	302.4	275.2	231.4	255.8	153.4	341.6	350.4	507.7	376.8	402.1	515.0	419.9

Source: SEC EDGAR company filings. Figures as reported (US GAAP)

(in millions of USD, except per-share data)	TTM	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Revenues
Revenues	1,205.2	1,284.1	915.8	1,576.6	1,637.5	853.3	872.7	647.9	290.8
Cost of Revenue	920.1	985.6	618.1	1,161.0	1,424.8	785.0	669.9	497.1	279.2
Gross Profit	285.1	298.6	297.7	415.6	212.7	68.3	202.8	150.8	11.6
Operating Expenses
Research & Development	10.5	9.9	6.7	8.5	4.2	-	-	-	-
Selling General & Administrative	-	-	-	-
Operating Income
Operating Income	(49.2)	(29.0)	(227.0)	214.1	(18.1)	(24.7)	95.2	83.4	(61.2)
Non-Operating
Interest Income	-	-	-	-	-	-	-	-	-
Interest Expense	24.9	27.3	34.8	44.2	36.7
Tax & Net
Income Tax Expense	18.6	23.0	(10.2)	39.9	(9.4)	(10.7)	18.7	24.8	(19.9)
Net Income From Continuing Ops	(67.0)	(52.2)	(240.4)	137.2
Per Share
EPS Basic	(0.84)	(0.73)	(1.95)	0.57	(0.29)	(0.51)	0.49	0.33	(0.51)
EPS Diluted	(0.84)	(0.73)	(1.95)	0.56	(0.29)
Supplementary Data
EBITDA	(20.2)	(2.8)	(190.9)	253.1	82.9	1.2	122.7	110.7	(32.8)
EBIT	(49.2)	(29.0)	(227.0)	214.1	(18.1)

Source: SEC EDGAR company filings. Figures as reported (US GAAP)

Operating Expenses
Research & Development	3.0	2.7	2.3	2.5	2.4	1.4	1.6	1.8	1.9	2.1	2.0	2.3	2.1	-	-	-	-	-	-	-	-	-	-	-	-	-
Selling General & Administrative	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Selling & Marketing	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
General & Administrative	50.4	57.5	52.2	45.0	43.9	45.7	40.1	37.0	37.8	43.7	37.4	40.3	38.1	37.7	38.7	28.9	45.4
Depreciation & Amortization	8.1	8.2	7.0	5.6	5.3	8.7	8.9	8.9	9.6	5.6	9.6	9.2	14.5	30.2	21.3	26.0
Amortization of Intangibles	13.0	13.4	10.6	8.7	8.5	11.8	11.9	11.8	12.9	12.9	12.8	12.6	13.9	26.0	24.6	25.8
Other Operating Expenses	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Operating Expenses	55.9	167.4	60.2	50.7	49.1	220.7	211.0	46.4	46.7	54.0	47.2	50.2	50.1	53.3	59.4	53.3

Operating Income
Operating Income	7.1	(148.1)	45.5	46.4	27.3	(142.3)	(132.7)	39.6	8.4	30.2	40.2	96.2	47.5	16.3	17.2	(13.3)	(38.3)	(20.0)	(19.5)	(0.6)	15.4	(2.2)	(5.1)	1.2	101.3	28.3

Non-Operating
Interest Income	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest Expense	5.6	5.5	5.0	8.8	8.0	9.0	8.3	8.6	8.9	10.3	13.1	10.1	10.7	12.9	8.8	8.0	6.9	6.9
Income From Equity Investments	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Non-Operating Income	(3.0)	(4.7)	(2.0)	10.5	(4.0)	(7.7)	(4.8)	(6.1)	(4.9)	(7.9)	(9.9)	(9.7)	(9.5)	(7.8)	33.4	(10.1)	(2.3)
Pre-Tax Income	4.1	(152.8)	43.4	56.9	23.3	(150.0)	(137.5)	33.5	3.5	22.4	30.3	86.5	38.0	8.5	50.6	(23.5)

Tax & Net
Income Tax Expense	2.1	(7.1)	9.9	13.6	6.5	(23.1)	3.9	7.8	1.3	3.0	7.2	21.4	8.3	13.8	10.0	(18.4)	(14.7)	(5.2)	(5.4)	(1.8)	1.7	0.6	1.4	(5.8)	22.5	5.7
Net Income From Continuing Ops	2.0	(145.7)	33.5	43.3	16.7	(126.9)	(141.4)	25.7	2.2	19.3	23.1	65.2	29.6	(5.3)	40.6	(5.0)	(25.9)
Net Income From Discontinued Ops	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income	2.0	(145.7)	33.5	43.3	16.7	(126.9)	(141.4)	25.7	2.2	19.3	23.1	65.2	29.6	(5.3)	40.6	(5.0)	(25.9)
Net Income Attributable To Parent	2.0	(145.7)	33.5	43.3	16.7	(126.9)	(141.4)	25.7	2.2	19.3	23.1	65.2	29.6	(5.3)	40.6	(5.0)
Less: Minority Interest	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Less: Preferred Dividends	15.5	15.4	15.1	14.8	14.4	14.3	14.1	13.7	13.5	11.8	13.1	13.5	13.2	12.0	12.3	12.2	11.6
Net Income To Common Shareholders	(13.5)	(161.2)	18.4	28.5	2.3	(141.2)	(155.4)	11.9	(11.3)	6.0	10.0	52.4	17.2	(17.3)	28.4

Per Share
EPS Basic	(0.09)	-	0.12	0.19	0.02	-	(1.02)	0.08	(0.07)	-	0.07	0.34	0.11	-	0.19	(0.11)	(0.25)	-	(0.25)	(0.04)	0.04	-	(0.06)	0.02	0.61	-
EPS Diluted	(0.09)	-	0.12	0.19	0.02	-	(1.02)	0.08	(0.07)	-	0.07	0.34	0.11	-	0.19	(0.11)	(0.25)	-
Shares Basic	153.0	-	152.7	152.6	152.1	-	151.9	151.8	151.4	-	151.1	150.9	150.6	-	150.3	150.2	148.3	-
Shares Diluted	153.0	-	154.1	153.1	152.8	-	151.9	152.2	151.4	-	152.3	152.1	151.8	-	151.4	150.2	148.3	-

Supplementary Data
EBITDA	15.2	(139.9)	52.4	52.0	32.6	(133.6)	(123.8)	48.5	18.0	35.9	49.8	105.4	62.0	46.5	38.5	12.7	(14.7)	(12.5)	(13.5)	5.4	21.8	5.6	1.3	7.6	108.2	34.7
EBIT	7.1	(148.1)	45.5	46.4	27.3	(142.3)	(132.7)	39.6	8.4	30.2	40.2	96.2	47.5	16.3	17.2	(13.3)	(38.3)	(20.0)	(19.5)