Arrow Financial financials
$37.31−1.27%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $242.6M | $223.1M | $191.7M | $160.5M | $147.9M | $144.6M | $138.3M | $125.5M | $112.3M | $104.7M |
| Gross profit | $165.6M | $139.8M | $133.9M | $149.2M | $142.7M | $131.9M | $116.6M | $113.0M | $105.3M | $99.4M |
| Gross margin | 68.3% | 62.7% | 69.9% | 93.0% | 96.5% | 91.2% | 84.3% | 90.0% | 93.8% | 94.9% |
| Operating income | $55.4M | $37.4M | $37.5M | $62.9M | $64.4M | $51.9M | $47.1M | $45.3M | $39.9M | $37.7M |
| Net income | $44.0M | $29.7M | $30.1M | $48.8M | $49.9M | $40.8M | $37.5M | $36.3M | $29.3M | $26.5M |
| Net margin | 18.1% | 13.3% | 15.7% | 30.4% | 33.7% | 28.2% | 27.1% | 28.9% | 26.1% | 25.3% |
| Diluted EPS | $2.65 | $1.77 | $1.77 | $2.86 | $2.92 | $2.42 | $2.22 | $2.16 | $1.76 | $1.60 |
| EBITDA | $55.4M | $37.4M | $37.5M | $62.9M | $64.4M | $51.9M | $47.1M | $45.3M | $39.9M | $37.7M |
| Operating cash flow | $41.3M | $34.5M | $20.6M | $59.7M | $68.2M | $42.3M | $43.9M | $42.0M | $37.8M | $34.7M |
| Free cash flow | $39.3M | $32.2M | $16.2M | $46.9M | $62.6M | $39.7M | $37.7M | $38.7M | $36.6M | $34.1M |
| Diluted shares | 16.5M | 16.7M | 17.0M | 17.1M | 17.1M | 16.9M | 16.9M | 16.8M | 16.7M | 16.6M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $29.1M | $27.4M | $36.8M | $31.9M | $27.0M | $42.1M |
| Short-term investments | $757.9M | $697.9M | $741.9M | $789.9M | $1.19B | $929.6M |
| Total debt | $24.3M | $28.6M | $46.5M | $74.8M | $65.0M | $65.0M |
| Total assets | $4.45B | $4.31B | $4.17B | $3.97B | $4.03B | $3.69B |
| Total liabilities | $4.01B | $3.91B | $3.79B | $3.62B | $3.66B | $3.35B |
| Shareholders' equity | $431.9M | $400.9M | $379.8M | $353.5M | $371.2M | $334.4M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology