Array Technologies financials
$3.99+4.18%
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 |
|---|---|---|---|---|---|---|
| Revenue | $1.28B | $915.8M | $1.58B | $1.64B | $853.3M | $872.7M |
| Gross profit | $298.6M | $297.7M | $415.6M | $212.7M | $68.3M | $202.8M |
| Gross margin | 23.2% | 32.5% | 26.4% | 13.0% | 8.0% | 23.2% |
| Operating income | -$29.0M | -$227.0M | $214.1M | $24.6M | -$24.7M | $95.2M |
| Net income | -$112.0M | -$296.1M | $85.5M | -$43.6M | -$66.1M | $59.1M |
| Net margin | −8.7% | −32.3% | 5.4% | −2.7% | −7.7% | 6.8% |
| Diluted EPS | $-0.73 | $-1.95 | $0.56 | $-0.29 | $-0.51 | $0.49 |
| EBITDA | $120.9M | $153.7M | $268.9M | $78.4M | $3.9M | $149.1M |
| Operating cash flow | $101.8M | $154.0M | $232.0M | $146.0M | -$265.9M | -$122.2M |
| Free cash flow | $79.8M | $146.7M | $215.0M | $135.4M | -$269.2M | -$123.5M |
| Diluted shares | 152.5M | 151.8M | 152.0M | 149.8M | 130.0M | 121.5M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $244.4M | $363.0M | $249.1M | $133.9M | $367.7M | $108.4M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| Total debt | $669.0M | $677.3M | $682.4M | $759.0M | $715.4M | $428.3M |
| Total assets | $1.45B | $1.43B | $1.71B | $1.71B | $1.14B | $656.0M |
| Total liabilities | $1.19B | $1.14B | $1.10B | $1.28B | $974.7M | $736.9M |
| Shareholders' equity | -$206.3M | -$118.1M | $259.2M | $124.3M | -$69.2M | -$80.9M |
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