Arrow Electronics, Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $30.85B | $27.92B | $33.11B | $37.12B | $34.48B | $28.67B | $28.92B | $29.68B |
| Cost of Revenue | $27.39B | $24.63B | $28.96B | $32.29B | $30.27B | $25.48B | $25.62B | $25.98B |
| Gross Profit | $3.47B | $3.29B | $4.15B | $4.84B | $4.20B | $3.19B | $3.30B | $3.70B |
| Gross Margin | 11.2% | 11.8% | 12.5% | 13.0% | 12.2% | 11.1% | 11.4% | 12.5% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $2.39B | $2.22B | $2.41B | $2.57B | $2.44B | $2.09B | $2.19B | $2.30B |
| Operating Income | $822.2M | $768.6M | $1.47B | $2.07B | $1.56B | $894.5M | $107.7M | $1.15B |
| Operating Margin | 2.7% | 2.8% | 4.4% | 5.6% | 4.5% | 3.1% | 0.4% | 3.9% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $717.9M | $489.3M | $1.16B | $1.88B | $1.44B | — | — | — |
| Income Tax Expense | $148.2M | $95.8M | $255.0M | $449.0M | $325.9M | $172.8M | $88.3M | $187.8M |
| Net Income | $571.3M | $392.1M | $903.5M | $1.43B | $1.11B | $584.4M | $-204.1M | $716.2M |
| Net Margin | 1.9% | 1.4% | 2.7% | 3.8% | 3.2% | 2.0% | -0.7% | 2.4% |
| EPS (Basic) | $11.03 | $7.36 | $16.03 | $22.01 | $15.29 | $7.49 | $-2.44 | $8.19 |
| EPS (Diluted) | $10.93 | $7.29 | $15.84 | $21.80 | $15.10 | $7.43 | $-2.44 | $8.10 |
| Shares Outstanding (Basic) | 51.8M | 53.3M | 56.4M | 64.8M | 72.5M | 78.0M | 83.6M | 87.5M |
| Shares Outstanding (Diluted) | 52.3M | 53.8M | 57.0M | 65.5M | 73.4M | 78.6M | 83.6M | 88.4M |
| Dividends Per Share | — | — | — | — | — | — | — | — |