ARRY Q4 2022 Earnings — Array Technologies, Inc. Revenue & Financial Results | Market Cap Arena

ARRYArray Technologies, Inc.

$1B

Q4 2022 Earnings

Income Statement

Revenue

$402M+89.2% YoY

Gross Profit

$81M20.0% margin

Operating Income

$7M1.8% margin

Net Income

-$9M-2.3% margin

EPS (Diluted)

$-0.06

QoQ Revenue Growth

-21.9%

Cash Flow

Operating Cash Flow

$97M

Free Cash Flow

$94M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$1.7B

Total Liabilities

$1.3B

Stockholders' Equity

$424M

Cash & Equivalents

$134M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$402M	$213M	+89.2%
Gross Profit	$81M	$3M	+2643.4%
Operating Income	$7M	-$27M	+127.1%
Net Income	-$9M	-$28M	+67.1%