ARRY Q3 2021 Earnings — Array Technologies, Inc. Revenue & Financial Results | Market Cap Arena

ARRYArray Technologies, Inc.

$1B

Q3 2021 Earnings

Income Statement

Revenue

$189M+35.3% YoY

Gross Profit

$6M3.1% margin

Operating Income

-$20M-10.3% margin

Net Income

-$28M-14.6% margin

EPS (Diluted)

$-0.21

QoQ Revenue Growth

-4.0%

Cash Flow

Operating Cash Flow

-$32M

Free Cash Flow

-$33M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$777M

Total Liabilities

$534M

Stockholders' Equity

$243M

Cash & Equivalents

$116M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$189M	$139M	+35.3%
Gross Profit	$6M	$27M	-77.9%
Operating Income	-$20M	-$5M	-282.1%
Net Income	-$28M	-$7M	-281.1%