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.

PeriodRangeOrderChangeYoYQoQFiguresAs-reported fiscal years.

Line item	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 YoY+10.5%	27.9B YoY-15.7%	33.1B YoY-10.8%	37.1B YoY+7.7%	34.5B YoY+20.2%
	3.47B YoY+5.3%	3.29B YoY-20.6%	4.15B YoY-14.2%	4.84B YoY+15.1%	4.20B YoY+31.7%
Cost of revenue	27.4B YoY+11.2%	24.6B YoY-14.9%	29.0B YoY-10.3%	32.3B YoY+6.6%	30.3B YoY+18.8%
Selling, general & administrative	2.39B YoY+7.8%	2.22B YoY-8.1%	2.41B YoY-6.0%	2.57B YoY+5.4%	2.44B YoY+16.7%
Restructuring	—	—	8.88M YoY+26.9%	6.99M YoY-58.1%	16.7M YoY-18.7%
Amortization of intangibles	19.8M YoY-32.9%	29.5M YoY-5.4%	31.2M YoY-10.1%	34.7M YoY-6.0%	36.9M YoY-3.9%
Provision for credit losses	37.1M YoY+4836.0%	751K YoY-99.0%	72.0M YoY+108.1%	34.6M YoY+391.4%	7.04M YoY-73.9%
Operating income	822M YoY+7.0%	769M YoY-47.8%	1.47B YoY-28.9%	2.07B YoY+32.9%	1.56B YoY+74.0%
Net interest income	-215M YoY+20.3%	-270M YoY+17.9%	-329M YoY-77.1%	-186M YoY-40.9%	-132M YoY+4.0%
Equity-method income	3.20M YoY+133.8%	1.37M YoY-78.6%	6.41M YoY-16.4%	7.66M YoY+118.5%	3.51M YoY+760.6%
Pre-tax income	718M YoY+46.7%	489M YoY-58.0%	1.16B YoY-38.2%	1.88B YoY+31.2%	1.44B
Income tax	148M YoY+54.7%	95.8M YoY-62.4%	255M YoY-43.2%	449M YoY+37.8%	326M YoY+88.6%
	571M YoY+45.7%	392M YoY-56.6%	904M YoY-36.7%	1.43B YoY+28.8%	1.11B YoY+89.6%
Net income to non-controlling interest	-1.57M YoY-209.7%	1.43M YoY-75.5%	5.86M YoY-29.2%	8.27M YoY+264.3%	2.27M YoY+12.1%
	$10.93 YoY+49.9%	$7.29 YoY-54.0%	$15.84 YoY-27.3%	$21.80 YoY+44.4%	$15.10 YoY+103.2%
EPS (basic)	$11.03 YoY+49.9%	$7.36 YoY-54.1%	$16.03 YoY-27.2%	$22.01 YoY+44.0%	$15.29 YoY+104.1%
	51.8M YoY-2.8%	53.3M YoY-5.5%	56.4M YoY-13.1%	64.8M YoY-10.5%	72.5M YoY-7.1%
	52.3M YoY-2.9%	53.8M YoY-5.7%	57.0M YoY-12.9%	65.5M YoY-10.8%	73.4M YoY-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 YoY+39.4%	18.4B YoY+0.4%	18.3B YoY-0.1%	18.3B YoY+15.4%	15.9B YoY+20.8%
Cash & equivalents	306M YoY+62.3%	189M YoY-13.4%	218M YoY+23.3%	177M YoY-20.4%	222M YoY-40.5%
Accounts receivable	19.7B YoY+51.5%	13.0B YoY+6.5%	12.2B YoY-0.7%	12.3B YoY+10.8%	11.1B YoY+20.8%
Inventory	5.08B YoY+7.9%	4.71B YoY-9.2%	5.19B YoY-2.5%	5.32B YoY+26.6%	4.20B YoY+27.8%
Other current assets	533M YoY+13.0%	472M YoY-31.0%	684M YoY+31.2%	521M YoY+51.0%	345M YoY+20.4%
	29.1B YoY+33.6%	21.8B YoY+0.1%	21.7B YoY-0.2%	21.8B YoY+11.4%	19.5B YoY+14.6%
Property, plant & equipment	475M YoY+1.1%	469M YoY-11.6%	531M YoY-11.0%	596M YoY-12.6%	683M YoY-14.6%
Operating lease right-of-use	249M YoY-0.9%	251M YoY-6.8%	270M YoY-2.9%	278M YoY+3.6%	268M YoY-12.4%
Goodwill	2.12B YoY+3.2%	2.06B YoY+0.2%	2.05B YoY+1.1%	2.03B YoY-2.5%	2.08B YoY-1.7%
Intangible assets	77.0M YoY-20.4%	96.7M YoY-24.1%	127M YoY-19.9%	159M YoY-18.4%	195M YoY-16.6%
Other non-current assets	687M YoY+1.4%	678M YoY+8.0%	627M YoY+9.2%	575M YoY-7.4%	620M YoY-8.2%
	18.8B YoY+49.1%	12.6B YoY-4.2%	13.2B YoY+6.4%	12.4B YoY+9.4%	11.3B YoY+24.0%
Accounts payable	17.4B YoY+57.4%	11.0B YoY+9.7%	10.1B YoY-3.7%	10.5B YoY+8.8%	9.62B YoY+21.2%
Accrued liabilities	1.46B YoY+18.0%	1.24B YoY-15.4%	1.46B YoY+9.3%	1.34B YoY+1.0%	1.33B YoY+28.2%
Short-term & current debt	341M YoY-2.6%	350M YoY-78.8%	1.65B YoY+180.4%	590M YoY+54.2%	383M YoY+141.2%
Current lease liability	76.5M YoY+11.0%	68.9M YoY-7.1%	74.2M YoY+6.9%	69.5M YoY+3.7%	67.0M YoY-5.4%
Long-term debt	3.08B YoY+11.2%	2.77B YoY+28.8%	2.15B YoY-32.3%	3.18B YoY+41.8%	2.24B YoY+7.0%
Non-current lease liability	187M YoY-5.9%	198M YoY-5.5%	210M YoY-7.5%	227M YoY+2.4%	222M YoY-14.9%
Operating lease liability (total)	263M YoY-1.6%	267M YoY-6.0%	284M YoY-4.1%	297M YoY+2.7%	289M YoY-12.9%
Other non-current liabilities	489M YoY-5.2%	516M YoY+1.7%	507M YoY-12.4%	579M YoY-7.2%	624M YoY-7.7%
	6.58B YoY+14.3%	5.76B YoY-0.8%	5.81B YoY+4.7%	5.55B YoY+5.0%	5.28B YoY+3.8%
Common stock	55.8M YoY+0.4%	55.6M YoY-3.6%	57.7M YoY-54.0%	125M YoY+0.0%	125M YoY+0.0%
Additional paid-in capital	587M YoY+4.4%	562M YoY+1.6%	553M YoY-54.2%	1.21B YoY+1.6%	1.19B YoY+2.1%
Retained earnings	6.55B YoY+9.6%	5.98B YoY+3.3%	5.79B YoY-37.2%	9.21B YoY+18.3%	7.79B YoY+16.6%
Treasury stock	484M YoY+47.4%	328M YoY+10.2%	298M YoY-93.6%	4.64B YoY+27.8%	3.63B YoY+30.7%
Accumulated other comprehensive income	-127M YoY+75.1%	-509M YoY-70.9%	-298M YoY+18.4%	-365M YoY-90.6%	-192M YoY-82.7%
Non-controlling interest	74.0M YoY+5.1%	70.4M YoY-2.0%	71.8M YoY+10.5%	65.0M YoY+11.0%	58.6M YoY-1.8%
Total equity incl. non-controlling	6.66B YoY+14.2%	5.83B YoY-0.8%	5.88B YoY+4.7%	5.61B YoY+5.1%	5.34B YoY+3.7%
Total liabilities & equity	29.1B YoY+33.6%	21.8B YoY+0.1%	21.7B YoY-0.2%	21.8B YoY+11.4%	19.5B YoY+14.6%
	55.8M YoY+0.4%	55.6M YoY-3.6%	57.7M YoY-54.0%	125M YoY+0.0%	125M YoY+0.0%
	51.1M YoY-2.1%	52.2M YoY-3.1%	53.8M YoY-7.7%	58.3M YoY-13.9%	67.7M YoY-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 YoY-94.3%	1.13B YoY+60.2%	705M YoY+2232.7%	-33.1M YoY-107.9%	419M YoY-69.2%
Depreciation & amortization	138M YoY-15.5%	163M YoY-10.0%	181M YoY-3.3%	187M YoY-4.0%	195M YoY+3.2%
Intangible amortization	19.8M YoY-32.9%	29.5M YoY-5.4%	31.2M YoY-10.1%	34.7M YoY-6.0%	36.9M YoY-3.9%
Share-based compensation	27.9M YoY-19.5%	34.6M YoY-16.7%	41.6M YoY-3.2%	42.9M YoY+18.9%	36.1M YoY+2.3%
Deferred income taxes	-36.2M YoY+63.8%	-99.9M YoY-6.3%	-94.0M YoY-620.2%	-13.1M YoY-152.7%	24.7M YoY-16.7%
Change in receivables	6.34B YoY+526.0%	1.01B YoY+634.8%	-189M YoY-113.2%	1.43B YoY-32.2%	2.11B YoY+289.6%
Change in inventory	286M YoY+168.0%	-421M YoY-202.2%	-139M YoY-112.0%	1.17B YoY+21.4%	961M YoY+493.2%
Change in payables	6.11B YoY+459.1%	1.09B YoY+338.9%	-457M YoY-148.4%	946M YoY-46.5%	1.77B YoY+132.2%
	23.6M YoY+125.0%	-94.4M YoY-30.6%	-72.3M YoY-25.3%	-57.7M YoY+4.0%	-60.1M YoY+56.7%
Capital expenditure	101M YoY+9.2%	92.7M YoY+11.3%	83.3M YoY+5.6%	78.8M YoY-5.1%	83.1M YoY-32.8%
Free cash flow	-37.2M YoY-103.6%	1.04B YoY+66.8%	622M YoY+655.9%	-112M YoY-133.3%	336M YoY-72.8%
Acquisitions	0.00	0.00	0.00	0.00	0.00
Other investing activities	—	—	—	0.00	0.00 YoY-100.0%
	-206M YoY+78.5%	-957M YoY-43.6%	-666M YoY-706.9%	110M YoY+123.7%	-463M YoY+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 YoY-39.0%	265M YoY-65.6%	770M YoY-26.6%	1.05B YoY+15.1%	912M YoY+88.4%
Dividends paid	0.00	0.00	0.00	0.00	0.00
Other financing activities	-148K YoY+85.8%	-1.04M YoY-633.1%	-142K YoY-3.6%	-137K YoY+13.8%	-159K YoY-12.8%
FX effect on cash	236M YoY+317.9%	-108M YoY-246.0%	74.2M YoY+215.5%	-64.3M YoY-36.8%	-47.0M YoY-159.1%
Net change in cash	118M YoY+502.3%	-29.2M YoY-171.1%	41.1M YoY+190.9%	-45.3M YoY+70.1%	-151M YoY-306.0%
Interest paid	163M YoY-18.0%	199M YoY-27.4%	274M YoY+56.1%	176M YoY+55.3%	113M YoY-18.2%
Income taxes paid	195M YoY-15.3%	231M YoY-57.2%	538M YoY+40.1%	384M YoY+73.9%	221M YoY+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 YoY-4.6%	5.90B YoY-10.9%	6.62B YoY+2.9%	6.43B YoY-29.2%	9.09B YoY+25.2%
P/E	9.9× YoY-34.5%	15.1× YoY+140.6%	6.3× YoY+40.9%	4.4× YoY-45.9%	8.2× YoY-34.0%
P/S	0.2× YoY-13.7%	0.2× YoY+10.4%	0.2× YoY+9.6%	0.2× YoY-33.7%	0.3× YoY+4.1%
P/B	0.9× YoY-16.6%	1.0× YoY-15.1%	1.2× YoY-1.6%	1.2× YoY-28.7%	1.7× YoY+20.6%
P/FCF	—	5.7× YoY-61.7%	14.9×	—	27.1× YoY+360.8%
	10.1% YoY+52.8%	6.6% YoY-58.4%	16.0% YoY-29.0%	22.5% YoY+84.7%	12.2% YoY+51.4%
	—	17.6% YoY+161.3%	6.7%	—	3.7% YoY-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.