ARRY FY 2024 Earnings — Array Technologies, Inc. Revenue & Financial Results | Market Cap Arena

ARRYArray Technologies, Inc.

$1B

FY 2024 Earnings

Income Statement

Revenue

$916M-41.9% YoY

Gross Profit

$298M32.5% margin

Operating Income

-$227M-24.8% margin

Net Income

-$240M-26.2% margin

EPS (Diluted)

$-1.95

Cash Flow

Operating Cash Flow

$154M

Free Cash Flow

$147M

Stock-Based Comp.

$10M

Balance Sheet

Total Assets

$1.4B

Total Liabilities

$1.1B

Stockholders' Equity

$289M

Cash & Equivalents

$363M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$916M	$1.6B	-41.9%
Gross Profit	$298M	$416M	-28.4%
Operating Income	-$227M	$214M	-206.0%
Net Income	-$240M	$137M	-275.2%