ARW
$227.00-1.40%
as of close, Sep 30, 2026
☾ AH $227.00 -1.40%
ARW financial statements
The full income statement, balance sheet, and cash-flow statement for Arrow Electronics Inc. (ARW), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-06 52.9M2024-09 52.6M2024-12 52.2M2025-03 51.9M2025-06 51.5M2025-09 51.5M2025-12 51.1M2026-04 51.1M2026-07 50.9M-3.9% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
As-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 30.9B+10.5% | 27.9B-15.7% | 33.1B-10.8% | 37.1B+7.7% | 34.5B+20.2% | |
| 3.47B+5.3% | 3.29B-20.6% | 4.15B-14.2% | 4.84B+15.1% | 4.20B+31.7% | ||
| Cost of revenue | 27.4B+11.2% | 24.6B-14.9% | 29.0B-10.3% | 32.3B+6.6% | 30.3B+18.8% | |
| Selling, general & administrative | 2.39B+7.8% | 2.22B-8.1% | 2.41B-6.0% | 2.57B+5.4% | 2.44B+16.7% | |
| Restructuring | — | — | 8.88M+26.9% | 6.99M-58.1% | 16.7M-18.7% | |
| Amortization of intangibles | 19.8M-32.9% | 29.5M-5.4% | 31.2M-10.1% | 34.7M-6.0% | 36.9M-3.9% | |
| Provision for credit losses | 37.1M+4836.0% | 751K-99.0% | 72.0M+108.1% | 34.6M+391.4% | 7.04M-73.9% | |
| Operating income | 822M+7.0% | 769M-47.8% | 1.47B-28.9% | 2.07B+32.9% | 1.56B+74.0% | |
| Net interest income | -215M+20.3% | -270M+17.9% | -329M-77.1% | -186M-40.9% | -132M+4.0% | |
| Equity-method income | 3.20M+133.8% | 1.37M-78.6% | 6.41M-16.4% | 7.66M+118.5% | 3.51M+760.6% | |
| Pre-tax income | 718M+46.7% | 489M-58.0% | 1.16B-38.2% | 1.88B+31.2% | 1.44B | |
| Income tax | 148M+54.7% | 95.8M-62.4% | 255M-43.2% | 449M+37.8% | 326M+88.6% | |
| 571M+45.7% | 392M-56.6% | 904M-36.7% | 1.43B+28.8% | 1.11B+89.6% | ||
| Net income to non-controlling interest | -1.57M-209.7% | 1.43M-75.5% | 5.86M-29.2% | 8.27M+264.3% | 2.27M+12.1% | |
| $10.93+49.9% | $7.29-54.0% | $15.84-27.3% | $21.80+44.4% | $15.10+103.2% | ||
| EPS (basic) | $11.03+49.9% | $7.36-54.1% | $16.03-27.2% | $22.01+44.0% | $15.29+104.1% | |
| Weighted-avg shares (basic) | 51.8M-2.8% | 53.3M-5.5% | 56.4M-13.1% | 64.8M-10.5% | 72.5M-7.1% | |
| Weighted-avg shares (diluted) | 52.3M-2.9% | 53.8M-5.7% | 57.0M-12.9% | 65.5M-10.8% | 73.4M-6.7% | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 25.7B+39.4% | 18.4B+0.4% | 18.3B-0.1% | 18.3B+15.4% | 15.9B+20.8% | ||
| Cash & equivalents | 306M+62.3% | 189M-13.4% | 218M+23.3% | 177M-20.4% | 222M-40.5% | |
| Accounts receivable | 19.7B+51.5% | 13.0B+6.5% | 12.2B-0.7% | 12.3B+10.8% | 11.1B+20.8% | |
| Inventory | 5.08B+7.9% | 4.71B-9.2% | 5.19B-2.5% | 5.32B+26.6% | 4.20B+27.8% | |
| Other current assets | 533M+13.0% | 472M-31.0% | 684M+31.2% | 521M+51.0% | 345M+20.4% | |
| 29.1B+33.6% | 21.8B+0.1% | 21.7B-0.2% | 21.8B+11.4% | 19.5B+14.6% | ||
| Property, plant & equipment | 475M+1.1% | 469M-11.6% | 531M-11.0% | 596M-12.6% | 683M-14.6% | |
| Operating lease right-of-use | 249M-0.9% | 251M-6.8% | 270M-2.9% | 278M+3.6% | 268M-12.4% | |
| Goodwill | 2.12B+3.2% | 2.06B+0.2% | 2.05B+1.1% | 2.03B-2.5% | 2.08B-1.7% | |
| Intangible assets | 77.0M-20.4% | 96.7M-24.1% | 127M-19.9% | 159M-18.4% | 195M-16.6% | |
| Other non-current assets | 687M+1.4% | 678M+8.0% | 627M+9.2% | 575M-7.4% | 620M-8.2% | |
| 18.8B+49.1% | 12.6B-4.2% | 13.2B+6.4% | 12.4B+9.4% | 11.3B+24.0% | ||
| Accounts payable | 17.4B+57.4% | 11.0B+9.7% | 10.1B-3.7% | 10.5B+8.8% | 9.62B+21.2% | |
| Accrued liabilities | 1.46B+18.0% | 1.24B-15.4% | 1.46B+9.3% | 1.34B+1.0% | 1.33B+28.2% | |
| Short-term & current debt | 341M-2.6% | 350M-78.8% | 1.65B+180.4% | 590M+54.2% | 383M+141.2% | |
| Current lease liability | 76.5M+11.0% | 68.9M-7.1% | 74.2M+6.9% | 69.5M+3.7% | 67.0M-5.4% | |
| Long-term debt | 3.08B+11.2% | 2.77B+28.8% | 2.15B-32.3% | 3.18B+41.8% | 2.24B+7.0% | |
| Non-current lease liability | 187M-5.9% | 198M-5.5% | 210M-7.5% | 227M+2.4% | 222M-14.9% | |
| Operating lease liability (total) | 263M-1.6% | 267M-6.0% | 284M-4.1% | 297M+2.7% | 289M-12.9% | |
| Other non-current liabilities | 489M-5.2% | 516M+1.7% | 507M-12.4% | 579M-7.2% | 624M-7.7% | |
| 6.58B+14.3% | 5.76B-0.8% | 5.81B+4.7% | 5.55B+5.0% | 5.28B+3.8% | ||
| Common stock | 55.8M+0.4% | 55.6M-3.6% | 57.7M-54.0% | 125M+0.0% | 125M+0.0% | |
| Additional paid-in capital | 587M+4.4% | 562M+1.6% | 553M-54.2% | 1.21B+1.6% | 1.19B+2.1% | |
| Retained earnings | 6.55B+9.6% | 5.98B+3.3% | 5.79B-37.2% | 9.21B+18.3% | 7.79B+16.6% | |
| Treasury stock | 484M+47.4% | 328M+10.2% | 298M-93.6% | 4.64B+27.8% | 3.63B+30.7% | |
| Accumulated other comprehensive income | -127M+75.1% | -509M-70.9% | -298M+18.4% | -365M-90.6% | -192M-82.7% | |
| Non-controlling interest | 74.0M+5.1% | 70.4M-2.0% | 71.8M+10.5% | 65.0M+11.0% | 58.6M-1.8% | |
| Total equity incl. non-controlling | 6.66B+14.2% | 5.83B-0.8% | 5.88B+4.7% | 5.61B+5.1% | 5.34B+3.7% | |
| Total liabilities & equity | 29.1B+33.6% | 21.8B+0.1% | 21.7B-0.2% | 21.8B+11.4% | 19.5B+14.6% | |
| Common shares issued | 55.8M+0.4% | 55.6M-3.6% | 57.7M-54.0% | 125M+0.0% | 125M+0.0% | |
| Shares outstanding (cover) | 51.1M-2.1% | 52.2M-3.1% | 53.8M-7.7% | 58.3M-13.9% | 67.7M-9.3% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 64.0M-94.3% | 1.13B+60.2% | 705M+2232.7% | -33.1M-107.9% | 419M-69.2% | ||
| Depreciation & amortization | 138M-15.5% | 163M-10.0% | 181M-3.3% | 187M-4.0% | 195M+3.2% | |
| Intangible amortization | 19.8M-32.9% | 29.5M-5.4% | 31.2M-10.1% | 34.7M-6.0% | 36.9M-3.9% | |
| Share-based compensation | 27.9M-19.5% | 34.6M-16.7% | 41.6M-3.2% | 42.9M+18.9% | 36.1M+2.3% | |
| Deferred income taxes | -36.2M+63.8% | -99.9M-6.3% | -94.0M-620.2% | -13.1M-152.7% | 24.7M-16.7% | |
| Change in receivables | 6.34B+526.0% | 1.01B+634.8% | -189M-113.2% | 1.43B-32.2% | 2.11B+289.6% | |
| Change in inventory | 286M+168.0% | -421M-202.2% | -139M-112.0% | 1.17B+21.4% | 961M+493.2% | |
| Change in payables | 6.11B+459.1% | 1.09B+338.9% | -457M-148.4% | 946M-46.5% | 1.77B+132.2% | |
| 23.6M+125.0% | -94.4M-30.6% | -72.3M-25.3% | -57.7M+4.0% | -60.1M+56.7% | ||
| Capital expenditure | 101M+9.2% | 92.7M+11.3% | 83.3M+5.6% | 78.8M-5.1% | 83.1M-32.8% | |
| Free cash flow | -37.2M-103.6% | 1.04B+66.8% | 622M+655.9% | -112M-133.3% | 336M-72.8% | |
| Acquisitions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other investing activities | — | — | — | 0.00 | 0.00-100.0% | |
| -206M+78.5% | -957M-43.6% | -666M-706.9% | 110M+123.7% | -463M+62.2% | ||
| Long-term debt issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Long-term debt repaid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 162M-39.0% | 265M-65.6% | 770M-26.6% | 1.05B+15.1% | 912M+88.4% | |
| Dividends paid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other financing activities | -148K+85.8% | -1.04M-633.1% | -142K-3.6% | -137K+13.8% | -159K-12.8% | |
| FX effect on cash | 236M+317.9% | -108M-246.0% | 74.2M+215.5% | -64.3M-36.8% | -47.0M-159.1% | |
| Net change in cash | 118M+502.3% | -29.2M-171.1% | 41.1M+190.9% | -45.3M+70.1% | -151M-306.0% | |
| Interest paid | 163M-18.0% | 199M-27.4% | 274M+56.1% | 176M+55.3% | 113M-18.2% | |
| Income taxes paid | 195M-15.3% | 231M-57.2% | 538M+40.1% | 384M+73.9% | 221M+38.1% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 5.63B-4.6% | 5.90B-10.9% | 6.62B+2.9% | 6.43B-29.2% | 9.09B+25.2% | |
| P/E | 9.9×-34.5% | 15.1×+140.6% | 6.3×+40.9% | 4.4×-45.9% | 8.2×-34.0% | |
| P/S | 0.2×-13.7% | 0.2×+10.4% | 0.2×+9.6% | 0.2×-33.7% | 0.3×+4.1% | |
| P/B | 0.9×-16.6% | 1.0×-15.1% | 1.2×-1.6% | 1.2×-28.7% | 1.7×+20.6% | |
| P/FCF | — | 5.7×-61.7% | 14.9× | — | 27.1×+360.8% | |
| Earnings yield | 10.1%+52.8% | 6.6%-58.4% | 16.0%-29.0% | 22.5%+84.7% | 12.2%+51.4% | |
| FCF yield | — | 17.6%+161.3% | 6.7% | — | 3.7%-78.3% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: ARW’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all ARW filings on SEC EDGAR → Not investment advice.