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Array Technologies, Inc. (ARRY)

Nasdaq: ARRY · Semiconductors & Related Devices · Albuquerque, NM · filing with the SEC since 2020
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Grade3.9
◀ Past 3.1● Present 3.9▶ Future 4.8
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Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts in thousands. The fiscal year ends in December.
Income statement, by fiscal year, newest first
Fiscal yearFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018
Period endingDec 31, 2025Dec 31, 2024Dec 31, 2023Dec 31, 2022Dec 31, 2021Dec 31, 2020Dec 31, 2019Dec 31, 2018
Report filedFeb 25, 2026Mar 3, 2025Feb 28, 2024Mar 22, 2023Apr 6, 2022Mar 10, 2021··
Revenue1,284,141915,8071,576,5511,637,546853,318872,662647,899290,783
Cost of revenue985,588618,1301,161,0001,424,828r785,017r669,861497,138279,228
Gross profit298,553297,677415,551212,718r68,301r202,801150,76111,555
Research and development9,9006,7008,5004,200····
General and administrative198,612160,567159,535150,77780,97455,63441,21246,878
Total operating expenses327,548524,682201,427230,851r93,042r107,58967,35272,761
Operating income-28,995-227,005214,124-18,133-24,74195,21283,409-61,206
Interest expense27,33134,82544,22936,69435,684r15,12918,79719,043
Other income (expense), net-992-1,008-1,0152,789-905-2,305-33-447
Total non-operating income (expense)-222-23,571-36,96713,181-36,380-17,434-18,830-19,490
Income before income taxes-29,217-250,576177,157-4,952-61,12177,77864,579-80,696
Income tax expense23,018-10,18239,917-9,384-10,71818,70524,834-19,932
Net income-52,235-240,394137,2404,432-50,40359,07339,745-60,764
Net income to common shareholders-112,032-296,06485,549-43,622-66,11859,07339,745·
Earnings per share, basic-0.73-1.950.57-0.29-0.510.490.33-0.51
Earnings per share, diluted-0.73-1.950.56-0.29-0.510.490.33-0.51
Weighted average shares, basic152,537151,754150,942149,819129,984121,467119,994119,994
Weighted average shares, diluted152,537151,754152,022149,819129,984121,514119,994119,994
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it soldus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
Cost of revenue what it cost to make or buy what it soldus-gaap:CostOfRevenue
Gross profit revenue less the cost of what it soldus-gaap:GrossProfit
Research and development spent on inventing what it sells nextus-gaap:ResearchAndDevelopmentExpense
General and administrative the cost of running the company itselfus-gaap:GeneralAndAdministrativeExpense
Total operating expenses the running costs togetherus-gaap:OperatingExpenses
Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss
Interest expense what its borrowing costus-gaap:InterestExpenseNonoperating
us-gaap:InterestExpense
Other income (expense), net gains and costs outside the businessus-gaap:OtherNonoperatingIncomeExpense
Total non-operating income (expense) everything outside the business, togetherus-gaap:NonoperatingIncomeExpense
Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit
Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss
Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic
Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic
Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted
Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic
Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding
SI Assistanton ARRY · research, not advice