Array Technologies Gross Profit 2011-2026 | ARRY

Gross profit is a key indicator of how efficiently a company produces or sells its products. This metric helps assess a business’s ability to generate revenue at the initial stage, before accounting for all other expenses. Regular analysis of gross profit allows companies to respond in a timely manner to changes in cost of goods, pricing strategy, and market conditions.

Calculation formula:
Gross Profit = Revenue – Cost of Goods Sold (COGS)

Revenue — all cash inflows from the sale of goods or services.
Cost of Goods Sold — direct costs related to the production or acquisition of goods:

Raw materials and supplies

Wages of production personnel

Depreciation of equipment

Transportation and warehousing costs (if directly related to production)

Importance for business:

Assessing core business profitability
If gross profit is declining, it may indicate rising production costs or falling sales.
Financial planning
Gross profit is the basis for calculating other key metrics, such as operating and net profit.
Benchmarking against competitors
Gross profit analysis helps compare the efficiency of different companies within the same industry.
Insights into pricing effectiveness
If gross profit is low, the company may be pricing too low or failing to control costs effectively.

Reasons for a decline in gross profit:

Increase in raw material and supply costs
Rising production expenses
Price reductions due to competition
Decrease in sales volume
Currency exchange rate fluctuations (for imports/exports)

Gross profit is an important metric, but it does not provide a complete picture of a company’s financial health, as it does not account for administrative and selling expenses, taxes, debt burden, or depreciation.

Annual Gross Profit Array Technologies

2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
299 M	298 M	416 M	227 M	82.9 M	203 M	151 M	114 M	115 M	115 M	7.52 M	-3.89 M	39.5 M	60.9 M	43 M

All numbers in USD currency

Indicator range from annual reports

Maximum	Minimum	Average
416 M	-3.89 M	144 M

Quarterly Gross Profit Array Technologies

2025-Q3	2025-Q2	2025-Q1	2024-Q3	2024-Q2	2024-Q1	2023-Q3	2023-Q2	2023-Q1	2022-Q4	2022-Q3	2022-Q2	2022-Q1	2021-Q4	2021-Q3	2021-Q2	2021-Q1	2020-Q4	2020-Q3	2020-Q2	2020-Q1	2019-Q4	2019-Q3	2019-Q2	2019-Q1	2018-Q4	2018-Q3	2018-Q2	2018-Q1	2017-Q4	2017-Q3	2017-Q2	2017-Q1	2016-Q4	2016-Q3	2016-Q2	2016-Q1	2015-Q4	2015-Q3	2015-Q2	2015-Q1	2014-Q4	2014-Q3	2014-Q2	2014-Q1	2013-Q4	2013-Q3	2013-Q2	2013-Q1	2012-Q4	2012-Q3	2012-Q2	2012-Q1	2011-Q4	2011-Q3	2011-Q2	2011-Q1
106 M	97.1 M	76.4 M	78.3 M	86 M	55.1 M	87.4 M	146 M	97.5 M	-	76.6 M	39.9 M	26.6 M	-	5.9 M	20.5 M	46.2 M	-	26.7 M	22.2 M	118 M	-	46.9 M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

All numbers in USD currency

Indicator range from quarterly reporting

Maximum	Minimum	Average
146 M	5.9 M	66.3 M

Gross Profit of other stocks in the Solar industry

Issuer	Gross Profit	Price	% 24h	Market Cap	Country
First Solar FSLR	2.12 B	$ 190.65	-2.52 %	$ 20.4 B	USA
JinkoSolar Holding Co., Ltd. JKS	10.1 B	$ 22.92	-4.02 %	$ 4.78 B	China
Maxeon Solar Technologies, Ltd. MAXN	-249 M	$ 1.15	8.49 %	$ 7.36 M	Singapore
Enphase Energy ENPH	1.06 B	$ 31.3	-6.96 %	$ 4.27 B	USA
SolarEdge Technologies SEDG	196 M	$ 43.12	-4.37 %	$ 2.54 B	Israel
Shoals Technologies Group SHLS	167 M	$ 6.35	-3.2 %	$ 1.06 B	USA
Sunnova Energy International NOVA	84.1 M	-	-	$ 27.3 M	USA
Sunrun RUN	213 M	$ 13.0	-1.74 %	$ 2.89 B	USA
SPI Energy Co., Ltd. SPI	14.5 M	-	-12.26 %	$ 19.9 M	China
SunPower Corporation SPWR	114 M	$ 1.12	-6.3 %	$ 195 M	USA
Sunworks SUNW	71.3 M	-	-40.48 %	$ 1.97 M	USA
Beam Global BEEM	7.3 M	$ 1.46	-5.19 %	$ 21.3 M	USA
Canadian Solar CSIQ	909 M	$ 11.9	-7.03 %	$ 733 M	China