Company / Net Income
Array Technologies, Inc. Net Income History
FY2018-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Net Income
-$52.2M
FY2025
5-year range
-$240.4M / $137.2M
FY2021-FY2025
Trend
+78.3%
vs FY2024
Sector context
#312 of 360
Industrials
What the data says
Array Technologies, Inc.'s net income of -$52M is lower than 87% of companies in the Industrials sector (FY2025). Net Income has fluctuated over the past 8 years, ranging from -$240M in FY2024 to $137M in FY2023.
Based on SEC 10-K filings.
-$52M in FY2025.
Declined from $137M to -$52M over the past 2 years.
Industrials sector context is included.
Net Income over time
Growth rates
- 3-Year CAGR
- -
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Sector benchmark
Bottom 13% in IndustrialsTop 87% of 360This company -$52.2M Sector average $540.0M
▼
-109.7% below sector average
Key checks
Key Insights
- In FY2025, net income increased 78.3% year-over-year.
- Ranks #312 out of 360 companies in the Industrials sector.
- Peak net income was recorded in FY2023.
- Lowest net income in the period was in FY2024.
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 | Net IncomeValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | -$52.2M | +78.3% |
| FY2024 | -$240.4M | -275.2% |
| FY2023 | $137.2M | +132.3% |
| FY2022 | $59.1M | +48.6% |
| FY2021 | $39.7M | +165.4% |
| FY2020 | -$60.8M | -252.9% |
| FY2019 | $39.7M | +165.4% |
| FY2018 | -$60.8M | - |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026