Array Technologies
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. Array Technologies's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 4% to $1,576,551,000. The net income raised on $137,240,000 and profit margin reached 9%. Total operating expenses were $201,427,000.
Profit Margin
| 2010 | 53.88M | -77.63M | -144.08% |
|---|---|---|---|
| 2011 | 71.90M | -56.32M | -78.34% |
| 2012 | 85.13M | -23.58M | -27.7% |
| 2013 | 69.58M | -73.2M | -105.2% |
| 2018 | 290.78M | -60.76M | -20.9% |
| 2019 | 647.89M | 39.74M | 6.13% |
| 2020 | 872.66M | 59.07M | 6.77% |
| 2021 | 853.31M | -50.40M | -5.91% |
| 2022 | 1.63B | 4.43M | 0.27% |
| 2023 | 1.57B | 137.24M | 8.71% |
ARRY Income Statement (2010 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2013 | 2012 | 2011 | 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 1.57B | 1.63B | 853.31M | 872.66M | 647.89M | 290.78M | 69.58M | 85.13M | 71.90M | 53.88M |
Cost of revenue | 1.16B | 1.41B | 770.45M | 669.86M | 497.13M | 279.22M | 30.07M | 24.26M | 28.91M | 28.32M |
Gross profit | 415.55M | 227.27M | 82.85M | 202.80M | 150.76M | 11.55M | 39.50M | 60.87M | 42.98M | 25.55M |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 59.42M | 56.71M | 0 | 0 |
Selling and marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total operating expenses | 201.42M | 249.91M | 104.90M | 81.14M | 66.71M | 73.58M | 109.12M | 96.18M | 108.67M | 117.93M |
Operating income | 214.12M | -18.13M | -24.74M | 95.21M | 83.40M | -61.20M | -50.68M | -11.04M | -36.77M | -64.05M |
Other income (expenses), net | -36.96M | 51.20M | -3.60M | -17.43M | -673K | 378K | -11.25M | -12.53M | 19.55M | 13.58M |
Income before tax | 177.15M | -4.95M | -61.12M | 77.77M | 64.57M | -80.69M | -61.94M | -23.58M | -56.32M | -77.63M |
Income tax expense | 39.91M | -9.38M | -10.71M | 18.70M | 24.83M | -19.93M | 11.25M | 0 | 0 | 0 |
Net income | 137.24M | 4.43M | -50.40M | 59.07M | 39.74M | -60.76M | -73.2M | -23.58M | -56.32M | -77.63M |
Earnings per share | ||||||||||
Basic EPS | 0.57 | 0.02 | -0.39 | 0.47 | 0.31 | -0.48 | -0.54 | -0.17 | -1.01 | -1.54 |
Diluted EPS | 0.56 | 0.02 | -0.39 | 0.47 | 0.31 | -0.48 | -0.54 | -0.33 | -1.01 | -1.54 |
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