ARRY Q2 2021 Earnings — Array Technologies, Inc. Revenue & Financial Results | Market Cap Arena

ARRYArray Technologies, Inc.

$1B

Q2 2021 Earnings

Income Statement

Revenue

$197M+71.0% YoY

Gross Profit

$21M10.4% margin

Operating Income

-$574,000-0.3% margin

Net Income

-$6M-2.8% margin

EPS (Diluted)

$-0.04

QoQ Revenue Growth

-20.8%

Cash Flow

Operating Cash Flow

-$92M

Free Cash Flow

-$93M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$622M

Total Liabilities

$691M

Stockholders' Equity

-$69M

Cash & Equivalents

$18M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$197M	$115M	+71.0%
Gross Profit	$21M	$22M	-7.6%
Operating Income	-$574,000	$1M	-147.4%
Net Income	-$6M	$2M	-330.6%