ARRY Q4 2024 Earnings — Array Technologies, Inc. Revenue & Financial Results | Market Cap Arena

ARRYArray Technologies, Inc.

$1B

Q4 2024 Earnings

Income Statement

Revenue

$275M-19.4% YoY

Gross Profit

$78M28.5% margin

Operating Income

-$142M-51.7% margin

Net Income

-$127M-46.1% margin

EPS (Diluted)

$-0.93

QoQ Revenue Growth

+18.9%

Cash Flow

Operating Cash Flow

$58M

Free Cash Flow

$45M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$1.4B

Total Liabilities

$1.1B

Stockholders' Equity

$289M

Cash & Equivalents

$363M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$275M	$342M	-19.4%
Gross Profit	$78M	$84M	-7.0%
Operating Income	-$142M	$30M	-571.0%
Net Income	-$127M	$23M	-649.7%