ARRY Q3 2024 Earnings — Array Technologies, Inc. Revenue & Financial Results | Market Cap Arena

ARRYArray Technologies, Inc.

$1B

Q3 2024 Earnings

Income Statement

Revenue

$231M-34.0% YoY

Gross Profit

$78M33.8% margin

Operating Income

-$133M-57.3% margin

Net Income

-$141M-61.1% margin

EPS (Diluted)

$-1.02

QoQ Revenue Growth

-9.5%

Cash Flow

Operating Cash Flow

$45M

Free Cash Flow

$44M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$1.6B

Total Liabilities

$1.1B

Stockholders' Equity

$457M

Cash & Equivalents

$332M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$231M	$350M	-34.0%
Gross Profit	$78M	$87M	-10.4%
Operating Income	-$133M	$40M	-430.0%
Net Income	-$141M	$23M	-712.0%