Array Technologies, Inc. (ARRY) quarterly income statement — complete revenue, gross profit & net income history
| Sales/Revenue | 223.41M | 226.04M | 393.49M | 362.24M | 302.36M | 275.23M | 231.41M | 255.77M | 153.4M | 341.62M | 350.44M | 507.73M |
| Revenue Growth % | -26.11% | -17.87% | 70.04% | 41.63% | 97.1% | -19.43% | -33.97% | -49.63% | -59.28% | -15.04% | -31.96% | 20.93% |
| Cost of Goods Sold | 160.41M | 214.96M | 287.82M | 265.12M | 225.94M | 196.91M | 153.09M | 169.81M | 98.31M | 257.39M | 263.06M | 361.32M |
| COGS % of Revenue | 71.8% | 95.1% | 73.15% | 73.19% | 74.72% | 71.54% | 66.16% | 66.39% | 64.09% | 75.34% | 75.07% | 71.17% |
| Gross Profit | 63M | 11.08M | 105.67M | 97.12M | 76.43M | 78.32M | 78.31M | 85.95M | 55.09M | 84.23M | 87.38M | 146.4M |
| Gross Margin % | 28.2% | 4.9% | 26.85% | 26.81% | 25.28% | 28.46% | 33.84% | 33.61% | 35.91% | 24.66% | 24.93% | 28.83% |
| Gross Profit Growth % | -17.56% | -85.85% | 34.93% | 13% | 38.73% | -7.02% | -10.37% | -41.29% | -43.52% | 4.61% | 14.1% | 266.5% |
| Operating Expenses | 55.9M | 56.27M | 59.21M | 50.75M | 49.14M | 220.66M | 210.99M | 46.35M | 46.68M | 54.01M | 47.17M | 50.16M |
| OpEx % of Revenue | 25.02% | 24.89% | 15.05% | 14.01% | 16.25% | 80.17% | 91.18% | 18.12% | 30.43% | 15.81% | 13.46% | 9.88% |
| Selling, General & Admin | 50.4M | 57.47M | 52.25M | 44.95M | 43.95M | 45.66M | 40.15M | 36.97M | 37.78M | 43.71M | 37.43M | 40.25M |
| SG&A % of Revenue | 22.56% | 25.42% | 13.28% | 12.41% | 14.53% | 16.59% | 17.35% | 14.46% | 24.63% | 12.8% | 10.68% | 7.93% |
| Research & Development | 0 | 5M | 0 | 0 | 3.64M | 31.56M | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | 2.21% | - | - | 1.2% | 11.47% | - | - | - | - | - | - |
| Other Operating Expenses | 1000K | -1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Operating Income | 7.11M | -45.18M | 46.47M | 46.38M | 27.28M | -142.35M | -132.68M | 39.6M | 8.41M | 30.22M | 40.2M | 96.24M |
| Operating Margin % | 3.18% | -19.99% | 11.81% | 12.8% | 9.02% | -51.72% | -57.33% | 15.48% | 5.48% | 8.85% | 11.47% | 18.96% |
| Operating Income Growth % | -73.94% | 68.26% | 135.02% | 17.11% | 224.27% | -571.03% | -430% | -58.85% | -82.27% | 307.5% | 133.83% | 821.88% |
| EBITDA | 15.19M | -35.34M | 58.63M | 56.27M | 36.85M | -129.5M | -123.8M | 52.57M | 22.18M | 43.81M | 53.75M | 109.4M |
| EBITDA Margin % | 6.8% | -15.63% | 14.9% | 15.53% | 12.19% | -47.05% | -53.5% | 20.56% | 14.46% | 12.82% | 15.34% | 21.55% |
| EBITDA Growth % | -58.8% | 72.71% | 147.36% | 7.04% | 66.18% | -395.59% | -330.32% | -51.94% | -64.22% | 17.55% | 26.9% | 751.03% |
| D&A (Non-Cash Add-back) | 8.08M | 9.85M | 12.17M | 9.9M | 9.57M | 12.85M | 8.88M | 12.97M | 13.76M | 13.59M | 13.54M | 13.16M |
| EBIT | 0 | -147.34M | 48.49M | 65.65M | 31.32M | -141.04M | -145.77M | 42.12M | 12.41M | 32.35M | 43.39M | 98.09M |
| Net Interest Income | 0 | -3.73M | -2.07M | -4.97M | -4.72M | -4.92M | -4.04M | -3.83M | -5.26M | -6.65M | -9.64M | -10.11M |
| Interest Income | 2.39M | 1.76M | 2.98M | 3.8M | 3.32M | 4.09M | 4.22M | 4.78M | 3.68M | 2.21M | 3.42M | 1.47M |
| Interest Expense | -5.56M | 5.48M | 5.05M | 8.77M | 8.04M | 9.01M | 8.26M | 8.61M | 8.94M | 8.86M | 13.06M | 11.58M |
| Other Income/Expense | -2.98M | -107.64M | -3.02M | 10.5M | -4M | -7.7M | -4.83M | -6.09M | -4.95M | -6.72M | -9.88M | -9.72M |
| Pretax Income | 4.13M | -152.82M | 43.44M | 56.88M | 23.28M | -150.05M | -137.5M | 33.51M | 3.47M | 23.5M | 30.33M | 86.52M |
| Pretax Margin % | 1.85% | -67.61% | 11.04% | 15.7% | 7.7% | -54.52% | -59.42% | 13.1% | 2.26% | 6.88% | 8.65% | 17.04% |
| Income Tax | 2.13M | -7.07M | 9.94M | 13.62M | 6.53M | -23.15M | 3.85M | 7.81M | 1.3M | 409K | 7.23M | 21.35M |
| Effective Tax Rate % | 51.59% | 4.63% | 22.88% | 23.94% | 28.07% | 15.43% | -2.8% | 23.31% | 37.59% | 1.74% | 23.84% | 24.68% |
| Net Income | 2M | -145.75M | 33.5M | 43.26M | 16.75M | -126.9M | -141.35M | 25.7M | 2.17M | 23.09M | 23.1M | 65.17M |
| Net Margin % | 0.89% | -64.48% | 8.51% | 11.94% | 5.54% | -46.11% | -61.08% | 10.05% | 1.41% | 6.76% | 6.59% | 12.83% |
| Net Income Growth % | -88.07% | -14.85% | 123.7% | 68.35% | 673.49% | -649.7% | -711.98% | -60.56% | -92.69% | 353.41% | -43.17% | 1397.07% |
| Net Income (Continuing) | 2M | -145.75M | 33.5M | 43.26M | 16.75M | -126.9M | -141.35M | 25.7M | 2.17M | 23.09M | 23.1M | 65.17M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.09 | -1.06 | 0.12 | 0.19 | 0.02 | -0.93 | -1.02 | 0.08 | -0.07 | 0.04 | 0.07 | 0.34 |
| EPS Growth % | -696.03% | -13.98% | 111.76% | 142.04% | 120.16% | -2454.43% | -1652.51% | -76.91% | -144.06% | 165.29% | -75.67% | 409.09% |
| EPS (Basic) | -0.09 | -1.06 | 0.12 | 0.19 | 0.02 | -0.93 | -1.02 | 0.08 | -0.07 | 0.04 | 0.07 | 0.34 |
| Diluted Shares Outstanding | 152.96M | 152.75M | 154.09M | 153.07M | 152.78M | 151.75M | 151.92M | 152.21M | 151.35M | 152.11M | 152.32M | 152.13M |
| Basic Shares Outstanding | 152.96M | 152.75M | 152.73M | 152.58M | 152.08M | 151.75M | 151.92M | 151.8M | 151.35M | 151.18M | 151.07M | 150.92M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - |