Arrow Electronics, Inc. (ARW) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 9.47B | 8.75B | 7.71B | 7.58B | 6.81B | 7.28B | 6.82B | 6.89B | 6.92B | 7.85B | 8.01B | 8.51B | 8.74B | 9.32B | 9.27B | 9.46B | 9.07B | 9.02B | 8.51B | 8.56B |
| Revenue Growth % | 39.03% | 20.1% | 13.03% | 9.97% | -1.59% | -7.21% | -14.78% | -19.05% | -20.74% | -15.81% | -13.59% | -10% | -3.72% | 3.4% | 8.86% | 10.49% | 8.21% | 6.65% | 17.72% | 29.61% |
| Cost of Goods Sold | 8.42B | 7.74B | 6.88B | 6.73B | 6.04B | 6.48B | 6.04B | 6.05B | 6.07B | 6.86B | 7.03B | 7.45B | 7.62B | 8.12B | 8.08B | 8.22B | 7.87B | 7.82B | 7.44B | 7.56B |
| COGS % of Revenue | 88.87% | 88.47% | 89.17% | 88.8% | 88.64% | 88.97% | 88.5% | 87.72% | 87.61% | 87.39% | 87.77% | 87.48% | 87.25% | 87.06% | 87.19% | 86.93% | 86.69% | 86.73% | 87.36% | 88.32% |
| Gross Profit | 1.05B | 1.01B | 835.31M | 848.66M | 773.99M | 803.31M | 784.83M | 846.44M | 857.83M | 989.55M | 979.6M | 1.07B | 1.11B | 1.21B | 1.19B | 1.24B | 1.21B | 1.2B | 1.08B | 1B |
| Gross Margin % | 11.13% | 11.53% | 10.83% | 11.2% | 11.36% | 11.03% | 11.5% | 12.28% | 12.39% | 12.61% | 12.23% | 12.52% | 12.75% | 12.94% | 12.81% | 13.07% | 13.31% | 13.27% | 12.64% | 11.68% |
| Gross Profit Growth % | 36.23% | 25.57% | 6.43% | 0.26% | -9.77% | -18.82% | -19.88% | -20.6% | -22.98% | -17.95% | -17.47% | -13.76% | -7.76% | 0.8% | 10.33% | 23.61% | 29.82% | 29.52% | 36.42% | 33.27% |
| Operating Expenses | 656.14M | 673.44M | 656.31M | 658.07M | 615.44M | 608.21M | 609.57M | 634.17M | 671.91M | 672.87M | 639.51M | 673.8M | 689.96M | 681.57M | 684.22M | 703.39M | 697.13M | 684.45M | 670.91M | 659.58M |
| OpEx % of Revenue | 6.93% | 7.7% | 8.51% | 8.68% | 9.03% | 8.35% | 8.93% | 9.2% | 9.7% | 8.57% | 7.99% | 7.91% | 7.9% | 7.31% | 7.38% | 7.43% | 7.68% | 7.59% | 7.88% | 7.7% |
| Selling, General & Admin | 656.14M | 639.46M | 587.87M | 601.65M | 562.32M | 548.9M | 535.49M | 553.58M | 583.33M | 591.31M | 564M | 618M | 643.28M | 635.98M | 635.24M | 654.48M | 644.81M | 633.75M | 627.14M | 603.52M |
| SG&A % of Revenue | 6.93% | 7.31% | 7.62% | 7.94% | 8.25% | 7.54% | 7.85% | 8.03% | 8.42% | 7.53% | 7.04% | 7.26% | 7.36% | 6.82% | 6.86% | 6.92% | 7.11% | 7.03% | 7.37% | 7.05% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Operating Income | 398.27M | 335.32M | 179.01M | 190.59M | 158.55M | 195.1M | 175.26M | 212.28M | 185.92M | 316.68M | 340.08M | 392.25M | 422.15M | 522.6M | 502.69M | 532.83M | 510.38M | 511.93M | 404.87M | 340.52M |
| Operating Margin % | 4.2% | 3.83% | 2.32% | 2.51% | 2.33% | 2.68% | 2.57% | 3.08% | 2.69% | 4.03% | 4.25% | 4.61% | 4.83% | 5.61% | 5.42% | 5.63% | 5.62% | 5.68% | 4.76% | 3.98% |
| Operating Income Growth % | 151.19% | 71.87% | 2.14% | -10.22% | -14.72% | -38.39% | -48.46% | -45.88% | -55.96% | -39.4% | -32.35% | -26.38% | -17.29% | 2.08% | 24.16% | 56.47% | 70.41% | 59.28% | 69.98% | 73.19% |
| EBITDA | 434.32M | 369.3M | 211.8M | 225.75M | 194.36M | 234.74M | 215.85M | 253.31M | 227.64M | 359.85M | 385.09M | 438.51M | 468.83M | 568.19M | 548.92M | 580.08M | 558.68M | 560.13M | 452.92M | 389.06M |
| EBITDA Margin % | 4.58% | 4.22% | 2.75% | 2.98% | 2.85% | 3.22% | 3.16% | 3.67% | 3.29% | 4.58% | 4.81% | 5.15% | 5.37% | 6.09% | 5.92% | 6.13% | 6.16% | 6.21% | 5.32% | 4.54% |
| EBITDA Growth % | 123.46% | 57.32% | -1.88% | -10.88% | -14.62% | -34.77% | -43.95% | -42.23% | -51.44% | -36.67% | -29.85% | -24.4% | -16.08% | 1.44% | 21.2% | 49.1% | 59.7% | 51.46% | 58.97% | 59.83% |
| D&A (Non-Cash Add-back) | 36.05M | 33.98M | 32.79M | 35.16M | 35.81M | 39.64M | 40.59M | 41.04M | 41.73M | 43.17M | 45.01M | 46.26M | 46.68M | 45.59M | 46.23M | 47.25M | 48.3M | 48.2M | 48.05M | 48.54M |
| EBIT | 398.27M | 296.74M | 194.8M | 293.24M | 47.03M | 200.96M | 179.04M | 206.28M | 186.3M | 332.08M | 334.46M | 395M | 431.53M | 533M | 500.04M | 524.41M | 512.34M | 514.04M | 406.15M | 346M |
| Net Interest Income | 48.48M | -43.76M | -66.01M | -60.28M | -56.18M | -60.39M | -62.95M | -66.89M | -79.6M | -82.05M | -82.18M | -84.83M | -79.66M | -62.22M | -50.94M | -38.51M | -33.98M | -34.72M | -32.67M | -30.68M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4.51M | 0 | 0 | 0 |
| Interest Expense | -48.48M | 43.76M | 66.01M | 60.28M | 56.18M | 60.39M | 62.95M | 66.89M | 79.6M | 82.05M | 82.18M | 84.83M | 79.66M | 62.22M | 50.94M | 38.51M | 38.49M | 34.72M | 32.67M | 30.68M |
| Other Income/Expense | -91.01M | -82.34M | -50.22M | 42.37M | -55.49M | -66.4M | -59.17M | -72.89M | -80.78M | -66.65M | -87.8M | -82.08M | -70.28M | -51.82M | -53.59M | -46.92M | -32.02M | -32.61M | -31.39M | -25.21M |
| Pretax Income | 307.26M | 252.97M | 128.79M | 232.96M | 103.06M | 128.7M | 116.09M | 139.39M | 105.13M | 250.03M | 252.28M | 310.17M | 351.87M | 470.78M | 449.11M | 485.91M | 478.36M | 479.33M | 373.48M | 315.31M |
| Pretax Margin % | 3.24% | 2.89% | 1.67% | 3.07% | 1.51% | 1.77% | 1.7% | 2.02% | 1.52% | 3.19% | 3.15% | 3.64% | 4.03% | 5.05% | 4.85% | 5.14% | 5.27% | 5.32% | 4.39% | 3.68% |
| Income Tax | 71.23M | 59.43M | 19.53M | 45.93M | 23.34M | 28.82M | 15.2M | 29.76M | 22.04M | 53.82M | 52.24M | 72.38M | 76.55M | 116.72M | 105.5M | 114.41M | 112.36M | 107.84M | 82.93M | 74.11M |
| Effective Tax Rate % | 23.18% | 23.49% | 15.16% | 19.72% | 22.65% | 22.39% | 13.09% | 21.35% | 20.96% | 21.53% | 20.71% | 23.34% | 21.75% | 24.79% | 23.49% | 23.55% | 23.49% | 22.5% | 22.2% | 23.5% |
| Net Income | 235.11M | 194.6M | 109.19M | 187.75M | 79.72M | 99.21M | 100.57M | 108.7M | 83.6M | 194.54M | 198.66M | 236.56M | 273.75M | 349.4M | 342.4M | 370.33M | 364.75M | 371.21M | 290.03M | 240.64M |
| Net Margin % | 2.48% | 2.23% | 1.42% | 2.48% | 1.17% | 1.36% | 1.47% | 1.58% | 1.21% | 2.48% | 2.48% | 2.78% | 3.13% | 3.75% | 3.69% | 3.91% | 4.02% | 4.12% | 3.41% | 2.81% |
| Net Income Growth % | 194.91% | 96.16% | 8.58% | 72.73% | -4.64% | -49% | -49.38% | -54.05% | -69.46% | -44.32% | -41.98% | -36.12% | -24.95% | -5.87% | 18.06% | 53.89% | 76.79% | 57.24% | 74.65% | 81.2% |
| Net Income (Continuing) | 236.03M | 193.55M | 109.26M | 187.02M | 79.72M | 99.89M | 100.9M | 109.62M | 83.1M | 196.21M | 200.04M | 237.79M | 275.32M | 354.06M | 343.61M | 371.5M | 366M | 371.49M | 290.55M | 241.2M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 74.05M | 73.99M | 74.89M | 75.18M | 72.41M | 70.38M | 72.98M | 70.75M | 70.19M | 71.84M | 68.21M | 68.13M | 69.65M | 65M | 56.94M | 57.82M | 58.93M | 58.55M | 59.15M | 59.54M |
| EPS (Diluted) | 4.55 | 3.75 | 2.09 | 3.59 | 1.51 | 1.86 | 1.88 | 2.01 | 1.53 | 3.54 | 3.53 | 4.12 | 4.60 | 5.66 | 5.27 | 5.54 | 5.31 | 5.26 | 4.00 | 3.23 |
| EPS Growth % | 201.32% | 101.61% | 11.17% | 78.61% | -1.31% | -47.46% | -46.74% | -51.21% | -66.74% | -37.46% | -33.02% | -25.63% | -13.37% | 7.6% | 31.75% | 71.52% | 95.22% | 70.78% | 87.79% | 92.26% |
| EPS (Basic) | 4.58 | 3.78 | 2.11 | 3.62 | 1.53 | 1.88 | 1.90 | 2.03 | 1.54 | 3.58 | 3.57 | 4.17 | 4.66 | 5.71 | 5.33 | 5.60 | 5.38 | 5.34 | 4.05 | 3.27 |
| Diluted Shares Outstanding | 51.71M | 51.9M | 52.14M | 52.67M | 52.67M | 53.8M | 53.48M | 54.18M | 54.81M | 55.02M | 56.3M | 57.35M | 59.48M | 61.74M | 64.98M | 66.85M | 68.75M | 70.55M | 72.57M | 74.61M |
| Basic Shares Outstanding | 51.32M | 51.43M | 51.7M | 52.27M | 52.27M | 53.28M | 53.01M | 53.64M | 54.25M | 54.4M | 55.6M | 56.72M | 58.73M | 61.17M | 64.23M | 66.08M | 67.84M | 69.56M | 71.67M | 73.69M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |