The table below shows Array Technologies, Inc.'s income statement line items across its last 6 fiscal years, exactly as reported in the company's audited annual filings. All figures are in US dollars; negative values appear in red.
Line item
FY 2025
FY 2024
FY 2023
FY 2022
FY 2021
FY 2020
Revenue
$1.28B
$915.81M
$1.58B
$1.64B
$853.32M
$872.66M
Cost of revenue
$985.59M
$618.13M
$1.16B
$1.42B
$785.02M
$669.86M
Gross profit
$298.55M
$297.68M
$415.55M
$212.72M
$68.30M
$202.80M
R&D
$9.90M
$6.70M
$8.50M
$4.20M
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ARRY annual revenue (10-K history)
Array Technologies, Inc. reported annual revenue of $1.28B for fiscal year 2025. That is up 40.2% from $915.81M in fiscal 2024. Over the 8 fiscal years shown, annual revenue grew from $290.78M (FY 2018) to $1.28B. Figures come from the company's audited annual reports as filed with the SEC.