Company / Cost of Revenue
Array Technologies, Inc. Cost of Revenue History
FY2018-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Cost of Revenue
$985.6M
FY2025
5-year range
$497.1M / $1.2B
FY2021-FY2025
Trend
+59.4%
vs FY2024
Sector context
#160 of 245
Industrials
What the data says
At $986M, Array Technologies, Inc.'s cost of revenue ranks #86 of 245 in the Industrials sector. Cost of Revenue has fluctuated over the past 8 years, ranging from $279M in FY2020 to $1.2B in FY2023.
Based on SEC 10-K filings.
$986M in FY2025 with a 5-year CAGR of +28.7%.
Improved from $1.2B to $986M over the past 2 years.
Industrials sector context is included.
Cost of Revenue over time
Growth rates
- 3-Year CAGR
- +13.7%
- 5-Year CAGR
- +28.7%
- 10-Year CAGR
- -
Sector benchmark
#86 of 245 in IndustrialsTop 35% of 245This company $985.6M Sector average $4.3B
▼
-77.3% below sector average
Key checks
Key Insights
- 5-year CAGR of +28.7%, indicating consistent growth.
- In FY2025, cost of revenue increased 59.4% year-over-year.
- Ranks #160 out of 245 companies in the Industrials sector.
- Peak cost of revenue was recorded in FY2023.
Company context
Key Data Points
- Altman Z-Score 0.76 (distress zone, below 1.8 threshold)
- Negative profit margin: -26.3%
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Cost of RevenueValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $985.6M | +59.4% |
| FY2024 | $618.1M | -46.8% |
| FY2023 | $1.2B | +73.3% |
| FY2022 | $669.9M | +34.7% |
| FY2021 | $497.1M | +78.0% |
| FY2020 | $279.2M | -43.8% |
| FY2019 | $497.1M | +78.0% |
| FY2018 | $279.2M | - |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026