ARRY FY 2022 Earnings — Array Technologies, Inc. Revenue & Financial Results | Market Cap Arena

ARRYArray Technologies, Inc.

$1B

FY 2022 Earnings

Income Statement

Revenue

$1.6B+91.9% YoY

Gross Profit

$213M13.0% margin

Operating Income

-$18M-1.1% margin

Net Income

$4M0.3% margin

EPS (Diluted)

$-0.29

Cash Flow

Operating Cash Flow

$141M

Free Cash Flow

$131M

Stock-Based Comp.

$15M

Balance Sheet

Total Assets

$1.7B

Total Liabilities

$1.3B

Stockholders' Equity

$424M

Cash & Equivalents

$134M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.6B	$853M	+91.9%
Gross Profit	$213M	$68M	+211.4%
Operating Income	-$18M	-$25M	+26.7%
Net Income	$4M	-$50M	+108.8%