ARRY FY 2023 Earnings — Array Technologies, Inc. Revenue & Financial Results | Market Cap Arena

ARRYArray Technologies, Inc.

$1B

FY 2023 Earnings

Income Statement

Revenue

$1.6B-3.7% YoY

Gross Profit

$416M26.4% margin

Operating Income

$214M13.6% margin

Net Income

$137M8.7% margin

EPS (Diluted)

$0.56

Cash Flow

Operating Cash Flow

$232M

Free Cash Flow

$215M

Stock-Based Comp.

$15M

Balance Sheet

Total Assets

$1.7B

Total Liabilities

$1.1B

Stockholders' Equity

$611M

Cash & Equivalents

$249M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.6B	$1.6B	-3.7%
Gross Profit	$416M	$213M	+95.4%
Operating Income	$214M	-$18M	+1280.9%
Net Income	$137M	$4M	+2996.6%