Array Technologies, Inc. manufactures and supplies solar tracking systems and related products in the United States and internationally. Its products include DuraTrack HZ v3, a single-axis solar tracking system; and SmarTrack, a machine learning software that is used to identify the optimal position for a solar array in real time to increase energy production. The company was founded in 1989 and is headquartered in Albuquerque, New Mexico.
Revenue of Array Technologies, Inc. (ARRY)
Revenue in 2023 (TTM): $1.58 B
According to Array Technologies, Inc.'s latest financial reports the company's current revenue (TTM) is $1.58 B. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of Array Technologies, Inc.
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2023 | $1.58 B | $376.62 M | $271.91 M | $177.16 M | $137.24 M |
| 2022 | $1.64 B | $227.28 M | $81.21 M | $-4,952,000 | $4.43 M |
| 2021 | $853.32 M | $82.86 M | $3 M | $-61,121,000 | $-50,403,000 |
| 2020 | $872.66 M | $202.8 M | $146.82 M | $77.78 M | $59.07 M |
| 2019 | $647.9 M | $150.76 M | $111.33 M | $64.58 M | $39.75 M |
| 2018 | $290.78 M | $11.56 M | $-34,028,000 | $-80,696,000 | $-60,764,000 |