For the year ending 2025-12-31, ARRY made $1,284,141K in revenue. -$112,032K in net income. Net profit margin of -8.72%.
| Income Statement | 2025-12-31 | 2024-12-31 | ||
|---|---|---|---|---|
| Revenue | 1,284,141 | 915,807 | ||
| Cost of product and service revenue | 938,552 | 603,572 | ||
| Inventory valuation charge | 29,516 | - | ||
| Amortization of developed technology and backlog | 17,520 | 14,558 | ||
| Total cost of revenue | 985,588 | 618,130 | ||
| Gross profit | 298,553 | 297,677 | ||
| General and administrative | 198,612 | 160,567 | ||
| Change in fair value of contingent consideration | 177 | 125 | ||
| Depreciation and amortization | 26,199 | 36,086 | ||
| Long-lived assets impairment | 0 | 91,904 | ||
| Goodwill impairment | 102,560 | 236,000 | ||
| Total operating expenses | 327,548 | 524,682 | ||
| (loss) income from operations | -28,995 | -227,005 | ||
| Interest income | 11,852 | 16,777 | ||
| Interest expense | 27,331 | 34,825 | ||
| Foreign currency gain (loss), net | 2,042 | -4,515 | ||
| Gain on extinguishment of debt, net | 14,207 | - | ||
| Other expense, net | -992 | -1,008 | ||
| Total other expense | -222 | -23,571 | ||
| (loss) income before income tax expense (benefit) | -29,217 | -250,576 | ||
| Income tax expense (benefit) | 23,018 | -10,182 | ||
| Net (loss) income | -52,235 | -240,394 | ||
| Preferred dividends and accretion | - | 55,670 | ||
| Net (loss) income to common shareholders, basic | - | -296,064 | ||
| Preferred dividends and accretion | 59,797 | - | ||
| Net (loss) income to common shareholders, diluted | -112,032 | -296,064 | ||
| Basic EPS | -0.73 | -1.95 | ||
| Diluted EPS | -0.73 | -1.95 | ||
| Basic Average Shares | 152,537,000 | 151,754,000 | ||
| Diluted Average Shares | 152,537,000 | 151,754,000 | ||
Array Technologies, Inc. (ARRY)
Array Technologies, Inc. (ARRY)