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Array Technologies, Inc. income statement

In fiscal 2025, Array Technologies, Inc. reported revenue of $1.28bn, up 40.2% on the year before, operating income of −$29.0m (a -2.3% margin) and net income of −$52.2m, or −$0.73 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year2018Dec 20182019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMJun 2026
Revenue2916488738531,6381,5779161,2841,185
Cost of revenue2794976707851,4251,161618986897
Gross profit1215120368213416298299288
Research and development————4971013
General and administrative47415681151160161199214
Operating income−618395−25−18214−227−29−61
Interest expense191915363744352722
Income before tax−816578−61−5177−251−29−74
Income tax−202519−11−940−102312
Net income−614059−504137−240−52−86
Diluted EPS−$0.51$0.33$0.49−$0.51−$0.29$0.56−$1.95−$0.73−$0.56
Diluted shares (average)120m120m122m130m150m152m152m153m153m
EBITDA−33111123183253−191−3−29

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Array Technologies, Inc.'s SEC filings (10-K and 10-Q), retrieved October 20, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Array Technologies, Inc.