Arrow Financial
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Arrow Financial's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 13% to $130,568,000. Profit margin reached 23%. Total operating expenses were $73,002,000.
Profit Margin
| 2014 | 89.41M | 23.36M | 26.13% |
|---|---|---|---|
| 2015 | 94.04M | 24.66M | 26.22% |
| 2016 | 99.39M | 26.53M | 26.7% |
| 2017 | 105.29M | 29.32M | 27.85% |
| 2018 | 112.96M | 36.27M | 32.11% |
| 2019 | 116.60M | 37.47M | 32.14% |
| 2020 | 131.86M | 40.82M | 30.96% |
| 2021 | 142.72M | 49.85M | 34.93% |
| 2022 | 149.24M | 48.79M | 32.7% |
| 2023 | 130.56M | 30.07M | 23.03% |
AROW Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 130.56M | 149.24M | 142.72M | 131.86M | 116.60M | 112.96M | 105.29M | 99.39M | 94.04M | 89.41M |
Cost of revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Gross profit | 130.56M | 149.24M | 142.72M | 131.86M | 116.60M | 112.96M | 105.29M | 99.39M | 94.04M | 89.41M |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 1.17M | 1.19M | 1.08M | 1.14M | 1.23M | 1.08M | 1.03M | 1.08M | 965K | 886K |
Total operating expenses | 73.00M | -82.56M | -78.32M | -79.99M | -69.52M | -55.17M | -104.36M | -98.27M | -92.69M | -88.17M |
Operating income | 2.43M | 66.67M | 64.40M | 51.86M | 47.07M | 57.79M | 927K | 1.11M | 1.35M | 1.23M |
Other income (expenses), net | 35.08M | -3.76M | 62.63M | -8.88M | 45.59M | -12.48M | -8.60M | 36.63M | -14.13M | -13.21M |
Income before tax | 37.52M | 62.91M | 64.40M | 51.86M | 47.07M | 45.30M | 39.85M | 37.74M | 35.27M | 33.53M |
Income tax expense | 7.44M | 14.11M | 14.54M | 11.03M | 9.6M | 9.02M | 10.52M | 11.21M | 10.61M | 10.17M |
Net income | 30.07M | 48.79M | 49.85M | 40.82M | 37.47M | 36.27M | 29.32M | 26.53M | 24.66M | 23.36M |
Earnings per share | ||||||||||
Basic EPS | 1.77 | 2.87 | 2.93 | 2.42 | 2.23 | 2.24 | 1.82 | 1.66 | 1.56 | 1.48 |
Diluted EPS | 1.77 | 2.86 | 2.92 | 2.41 | 2.22 | 2.22 | 1.81 | 1.65 | 1.55 | 1.47 |
| Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source |