Array Historical Income Statement
| ARRY Stock | USD 5.10 0.13 2.49% |
Historical analysis of Array Technologies income statement accounts such as Interest Expense of 34.1 M, Selling General Administrative of 152.5 M or Total Revenue of 870 M can show how well Array Technologies performed in making a profits. Evaluating Array Technologies income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Array Technologies's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Array Technologies latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Array Technologies is a good buy for the upcoming year.
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About Array Income Statement Analysis
Array Technologies Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Array Technologies shareholders. The income statement also shows Array investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Array Technologies Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Array Technologies generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Array Technologies. It is also known as Array Technologies overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Most accounts from Array Technologies' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Array Technologies current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Array Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more information on how to buy Array Stock please use our How to Invest in Array Technologies guide.Interest Income is likely to rise to about 17.6 M in 2025, whereas Depreciation And Amortization is likely to drop slightly above 50.1 M in 2025.
| 2022 | 2023 | 2024 | 2025 (projected) | Total Operating Expenses | 249.9M | 201.4M | 524.7M | 498.4M | Cost Of Revenue | 1.4B | 1.2B | 618.1M | 587.2M |
Array Technologies income statement Correlations
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Array Technologies Account Relationship Matchups
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Array Technologies income statement Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Depreciation And Amortization | 27.5M | 25.9M | 101.1M | 54.8M | 52.8M | 50.1M | |
| Interest Expense | 15.1M | 35.5M | 33.5M | 44.2M | 34.8M | 34.1M | |
| Selling General Administrative | 55.6M | 81.0M | 150.8M | 159.5M | 160.6M | 152.5M | |
| Total Revenue | 872.7M | 853.3M | 1.6B | 1.6B | 915.8M | 870.0M | |
| Gross Profit | 202.8M | 82.9M | 227.3M | 415.6M | 297.7M | 282.8M | |
| Other Operating Expenses | 751.0M | 875.4M | 1.7B | 1.4B | 1.1B | 1.1B | |
| Operating Income | 95.2M | (24.7M) | (18.1M) | 214.1M | (227.0M) | (238.4M) | |
| Ebit | 121.7M | (25.6M) | (19.9M) | 221.4M | (215.8M) | (226.5M) | |
| Ebitda | 149.1M | 300K | 81.2M | 276.2M | (163.0M) | (171.1M) | |
| Cost Of Revenue | 669.9M | 770.5M | 1.4B | 1.2B | 618.1M | 587.2M | |
| Total Operating Expenses | 81.1M | 104.9M | 249.9M | 201.4M | 524.7M | 498.4M | |
| Net Income | 59.1M | (50.4M) | 4.4M | 137.2M | (240.4M) | (252.4M) | |
| Income Before Tax | 77.8M | (61.1M) | (5.0M) | 177.2M | (250.6M) | (263.1M) | |
| Total Other Income Expense Net | (17.4M) | (36.4M) | 13.2M | (37.0M) | (23.6M) | (22.4M) | |
| Income Tax Expense | 18.7M | (10.7M) | (9.4M) | 39.9M | (10.2M) | (9.7M) | |
| Tax Provision | 18.7M | (10.7M) | (9.4M) | 53.3M | (10.2M) | (9.7M) | |
| Net Interest Income | (15.1M) | (35.5M) | (33.5M) | (41.3M) | (18.0M) | (19.0M) | |
| Net Income From Continuing Ops | 59.1M | (50.4M) | 4.4M | 108.9M | (240.4M) | (228.4M) | |
| Reconciled Depreciation | 27.5M | 25.9M | 101.1M | 67.3M | 52.8M | 51.9M | |
| Net Income Applicable To Common Shares | 39.7M | 59.1M | (66.1M) | (43.6M) | (39.3M) | (37.3M) |
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Additional Tools for Array Stock Analysis
When running Array Technologies' price analysis, check to measure Array Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Array Technologies is operating at the current time. Most of Array Technologies' value examination focuses on studying past and present price action to predict the probability of Array Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Array Technologies' price. Additionally, you may evaluate how the addition of Array Technologies to your portfolios can decrease your overall portfolio volatility.