ARRY Stock Income Statements
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Quarterly Income Statements
Quarterly
|
Annual
| Unit: USD | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| revenue | 341,615,000 | 350,438,000 | 507,725,000 | 376,773,000 | 402,071,000 | 515,024,000 | 419,865,000 | 300,586,000 | 212,522,000 | 188,686,000 | 196,516,000 | 248,240,000 | 180,566,000 |
| cost of revenue | 266,952,999 | 263,059,000 | 357,683,000 | 275,594,000 | 321,551,000 | 438,441,000 | 379,919,000 | 273,999,000 | 209,587,000 | 182,789,000 | 176,009,000 | 202,074,000 | 145,114,000 |
| gross profit | 74,662,001 | 87,379,000 | 150,042,000 | 101,179,000 | 80,520,000 | 76,583,000 | 39,946,000 | 26,587,000 | 2,935,000 | 5,897,000 | 20,507,000 | 46,166,000 | 35,452,000 |
| operating expenses | |||||||||||||
| research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| sales, general and administrative | |||||||||||||
| total operating expenses | 43,710,000 | 46,984,000 | 53,096,000 | 52,383,000 | 71,630,000 | 59,961,000 | 54,956,000 | 68,662,000 | 28,676,000 | 24,477,000 | 21,094,000 | 30,657,000 | 27,259,000 |
| operating income | 30,952,000 | 40,205,000 | 96,241,000 | 47,458,000 | 7,416,000 | 17,194,000 | -13,332,000 | -38,344,000 | -27,366,000 | -19,516,000 | -574,000 | 15,361,000 | -2,240,000 |
| net income | 23,086,000 | 23,214,000 | 64,808,000 | 26,132,000 | -9,110,000 | 40,644,000 | -5,024,000 | -25,937,000 | -27,721,000 | -27,561,000 | -5,517,000 | 4,576,000 | -9,772,000 |