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ARRY Q2 2023 Earnings — Array Technologies, Inc. Revenue & Financial Results | Market Cap Arena
ARRY
Array Technologies, Inc.
$1B
Q2 2023 Earnings
Energy
Solar
Income Statement
Revenue
$508M
+20.9% YoY
Gross Profit
$146M
28.8% margin
Operating Income
$96M
19.0% margin
Net Income
$65M
12.8% margin
EPS (Diluted)
$0.34
QoQ Revenue Growth
+34.8%
Cash Flow
Operating Cash Flow
$21M
Free Cash Flow
$15M
Stock-Based Comp.
$5M
Balance Sheet
Total Assets
$1.9B
Total Liabilities
$1.2B
Stockholders' Equity
$612M
Cash & Equivalents
$156M
Year-over-Year Comparison
Metric
Current
Year Ago
Change
Revenue
$508M
$420M
+20.9%
Gross Profit
$146M
$40M
+266.5%
Operating Income
$96M
-$13M
+821.9%
Net Income
$65M
-$5M
+1397.1%
← FY 2023
All Quarters
Q3 2023 →