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ARRY Q1 2022 Earnings — Array Technologies, Inc. Revenue & Financial Results | Market Cap Arena
ARRY
Array Technologies, Inc.
$1B
Q1 2022 Earnings
Energy
Solar
Income Statement
Revenue
$301M
+21.1% YoY
Gross Profit
$27M
8.8% margin
Operating Income
-$38M
-12.8% margin
Net Income
-$26M
-8.6% margin
EPS (Diluted)
$-0.17
QoQ Revenue Growth
+41.4%
Cash Flow
Operating Cash Flow
-$50M
Free Cash Flow
-$52M
Stock-Based Comp.
$5M
Balance Sheet
Total Assets
$1.7B
Total Liabilities
$1.3B
Stockholders' Equity
$390M
Cash & Equivalents
$49M
Year-over-Year Comparison
Metric
Current
Year Ago
Change
Revenue
$301M
$248M
+21.1%
Gross Profit
$27M
$46M
-42.4%
Operating Income
-$38M
$15M
-349.6%
Net Income
-$26M
$5M
-666.8%
Revenue Segments
Array
$251M
83%
STI
$50M
17%
← FY 2022
All Quarters
Q2 2022 →