ARRY
Array Technologies Inc
NASDAQ: ARRY · TECHNOLOGY · SOLAR
$7.48
-5.67% today
Updated 2026-04-29
Market cap
$1.14B
P/E ratio
—
P/S ratio
0.89x
EPS (TTM)
$-0.73
Dividend yield
—
52W range
$5 – $12
Volume
6.2M
Array Technologies Inc (ARRY) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $45.00B | $36.97M | $28.81M | $24.98M | $53.88M | $71.90M | $85.14M | $69.58M | $42.08M | $51.91M | $137.88M | $150.85M | $290.78M | $647.90M | $872.66M | $853.32M | $1.64B | $1.58B | $915.81M | $1.28B |
| Revenue growth (YoY) | — | -99.9% | -22.1% | -13.3% | +115.7% | +33.4% | +18.4% | -18.3% | -39.5% | +23.4% | +165.6% | +9.4% | +92.8% | +122.8% | +34.7% | -2.2% | +91.9% | -3.7% | -41.9% | +40.2% |
| Cost of revenue | $39.61B | $24.94M | $21.36M | $19.86M | $28.32M | $28.92M | $24.26M | $30.08M | $45.97M | $44.39M | $23.17M | $35.40M | $279.23M | $497.14M | $669.86M | $785.02M | $1.42B | $1.16B | $618.13M | $1.01B |
| Gross profit | $5.39B | $12.03M | $7.44M | $5.13M | $25.56M | $42.98M | $60.87M | $39.50M | $-3.89M | $7.52M | $114.71M | $115.46M | $11.55M | $150.76M | $202.80M | $68.30M | $212.72M | $415.55M | $297.68M | $272.35M |
| Gross margin | 12.0% | 32.6% | 25.8% | 20.5% | 47.4% | 59.8% | 71.5% | 56.8% | -9.2% | 14.5% | 83.2% | 76.5% | 4.0% | 23.3% | 23.2% | 8.0% | 13.0% | 26.4% | 32.5% | 21.2% |
| R&D | $33.38B | $57.46M | $90.35M | $89.56M | — | $56.72M | $56.72M | $59.42M | $49.82M | $54.44M | $160.66M | $178.20M | $185.82M | — | — | — | $26.36M | — | — | $18.70M |
| SG&A | $13.79B | $13.64M | $15.59M | $18.02M | $17.12M | $16.26M | $15.20M | $19.62M | $21.91M | $31.43M | $36.27M | $39.34M | $46.88M | $41.21M | $55.63M | $80.97M | $150.78M | $159.53M | $160.57M | $198.61M |
| Operating income | $-38.94B | $-54.46M | $-94.30M | $-117.79M | $-61.88M | $-40.82M | $-11.96M | $-50.68M | $-75.54M | $19.62M | $-81.97M | $-104.47M | $-61.21M | $83.41M | $95.21M | $-24.74M | $-18.13M | $214.12M | $-227.00M | $84.34M |
| Operating margin | -86.5% | -147.3% | -327.3% | -471.5% | -114.9% | -56.8% | -14.0% | -72.8% | -179.5% | 37.8% | -59.4% | -69.3% | -21.0% | 12.9% | 10.9% | -2.9% | -1.1% | 13.6% | -24.8% | 6.6% |
| EBITDA | $-29.91B | $-48.08M | $-88.20M | $-111.18M | $-55.54M | $-33.20M | $-6.88M | $-41.86M | $-65.78M | $29.12M | $-74.06M | $-94.94M | $-33.24M | $110.69M | $149.13M | $509000.00 | $132.80M | $276.21M | $-162.97M | $45.40M |
| EBITDA margin | -66.5% | -130.1% | -306.2% | -445.0% | -103.1% | -46.2% | -8.1% | -60.2% | -156.3% | 56.1% | -53.7% | -62.9% | -11.4% | 17.1% | 17.1% | 0.1% | 8.1% | 17.5% | -17.8% | 3.5% |
| EBIT | $-38.94B | $-54.46M | $-94.30M | $-117.79M | $-61.88M | $-40.82M | $-11.96M | $-50.68M | $-75.54M | $19.62M | $-81.97M | $-104.47M | $-61.65M | $83.38M | $121.65M | $-25.44M | $31.74M | $221.39M | $-215.75M | $-1.89M |
| Interest expense | $669.68M | $979000.00 | $1.99M | $10.02M | $15.75M | $15.51M | $11.62M | $11.26M | $9.72M | $10.25M | $10.87M | $12.33M | $19.04M | $18.80M | $15.13M | $35.48M | $36.69M | $44.23M | $34.83M | $27.33M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $-40.28B | $-56.42M | $-98.27M | $-138.13M | $-93.38M | $-71.83M | $-35.20M | $-73.20M | $-94.97M | $-878000.00 | $-103.71M | $-129.13M | $-60.76M | $39.74M | $59.07M | $-50.40M | $4.43M | $137.24M | $-240.39M | $-52.23M |
| Net income growth (YoY) | — | +99.9% | -74.2% | -40.6% | +32.4% | +23.1% | +51.0% | -107.9% | -29.7% | +99.1% | -11712.5% | -24.5% | +52.9% | +165.4% | +48.6% | -185.3% | +108.8% | +2996.6% | -275.2% | +78.3% |
| Profit margin | -89.5% | -152.6% | -341.1% | -552.9% | -173.3% | -99.9% | -41.4% | -105.2% | -225.7% | -1.7% | -75.2% | -85.6% | -20.9% | 6.1% | 6.8% | -5.9% | 0.3% | 8.7% | -26.2% | -4.1% |