Arrow Electronics, Inc. (ARW) financial statements: income statement, balance sheet and cash flow
Arrow Electronics, Inc.'s income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), Arrow Electronics, Inc. reported revenue of $30.9B (+10.5% year on year) and net income of $571.3M (+45.7% year on year).
Income statement
Arrow Electronics, Inc. income statement, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Sales
$30.9B
$27.9B
$33.1B
$37.1B
Cost of sales
$27.4B
$24.6B
$29.0B
$32.3B
Gross profit
$3.5B
$3.3B
$4.1B
$4.8B
Selling, general, and administrative
$2.4B
$2.2B
$2.4B
$2.6B
Depreciation and amortization
$137.8M
$163.0M
$181.1M
$187.4M
Restructuring, integration, and other
$116.1M
$142.9M
$83.9M
$13.7M
Total operating expenses
$2.6B
$2.5B
$2.7B
$2.8B
Operating income
$822.2M
$768.6M
$1.5B
$2.1B
Equity in earnings of affiliated companies
$3.2M
$1.4M
$6.4M
$7.7M
Gain (loss) on investments, net
$109.9M
($4.8M)
$19.3M
($2.9M)
Loss on extinguishment of debt
$0
($1.7M)
—
—
Post-retirement expense, net
($2.3M)
—
—
—
Interest and other financing expense, net
($215.1M)
($269.8M)
($328.7M)
($185.6M)
Income before income taxes
$717.9M
$489.3M
$1.2B
$1.9B
Provision for income taxes
$148.2M
$95.8M
$255.0M
$449.0M
Consolidated net income
$569.7M
$393.5M
$909.4M
$1.4B
Noncontrolling interests
($1.6M)
$1.4M
$5.9M
$8.3M
Net income attributable to shareholders
$571.3M
$392.1M
$903.5M
$1.4B
Basic (in dollars per share)
$11.03
$7.36
$16.03
$22.01
Diluted (in dollars per share)
$10.93
$7.29
$15.84
$21.80
Basic (in shares)
51.8M
53.3M
56.4M
64.8M
Diluted (in shares)
52.3M
53.8M
57.0M
65.5M
Arrow Electronics, Inc. income statement, quarters
Line item
Jul 4, 2026 · Q3
Apr 4, 2026 · Q2
Sep 27, 2025 · Q3
Jun 28, 2025 · Q2
Sales
$10.0B
$9.5B
$7.7B
$7.6B
Cost of sales
$8.9B
$8.4B
$6.9B
$6.7B
Gross profit
$1.1B
$1.1B
$835.3M
$848.7M
Selling, general, and administrative
$688.1M
$656.1M
$587.9M
$601.0M
Depreciation and amortization
$35.6M
$36.1M
$32.8M
$35.2M
Restructuring, integration, and other
$24.1M
$36.7M
$35.6M
$21.9M
Total operating expenses
$747.9M
$728.9M
$656.3M
$658.1M
Operating income
$377.3M
$361.6M
$179.0M
$190.6M
Equity in earnings (losses) of affiliated companies
$2.1M
$896.0K
$463.0K
($659.0K)
Gain on investments, net
$12.0M
($5.8M)
$4.9M
$104.0M
Post-retirement expense
($999.0K)
($962.0K)
($664.0K)
($664.0K)
Interest and other financing expense, net
($37.3M)
($48.5M)
($54.9M)
($60.3M)
Income before income taxes
$353.1M
$307.3M
$128.8M
$233.0M
Provision for income taxes
$80.3M
$71.2M
$19.5M
$45.9M
Consolidated net income
$272.8M
$236.0M
$109.3M
$187.0M
Noncontrolling interests
$124.0K
$924.0K
$69.0K
($727.0K)
Net income attributable to shareholders
$272.7M
$235.1M
$109.2M
$187.7M
Basic (in dollars per share)
$5.32
$4.58
$2.11
$3.62
Diluted (in dollars per share)
$5.26
$4.55
$2.09
$3.59
Basic (in shares)
51.3M
51.3M
51.7M
51.9M
Diluted (in shares)
51.9M
51.7M
52.1M
52.3M
Balance sheet
Arrow Electronics, Inc. balance sheet, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Cash and cash equivalents
$306.5M
$188.8M
$218.1M
$176.9M
Accounts receivable, net
$19.7B
$13.0B
$12.2B
$12.3B
Inventories
$5.1B
$4.7B
$5.2B
$5.3B
Other current assets
$533.0M
$471.9M
$684.1M
$521.3M
Total current assets
$25.7B
$18.4B
$18.3B
$18.3B
Land
$5.7M
$5.7M
$5.7M
$5.7M
Buildings and improvements
$199.4M
$194.1M
$195.6M
$184.2M
Machinery and equipment
$1.7B
$1.6B
$1.6B
$1.6B
Property, plant, and equipment, gross
$1.9B
$1.8B
$1.8B
$1.8B
Less: Accumulated depreciation and amortization
($1.4B)
($1.4B)
($1.3B)
($1.2B)
Property, plant, and equipment, net
$474.6M
$469.3M
$530.7M
$596.5M
Investments in affiliated companies
$59.3M
$57.3M
$62.7M
$65.1M
Intangible assets, net
$77.0M
$96.7M
$127.4M
$159.1M
Goodwill
$2.1B
$2.1B
$2.1B
$2.0B
Other assets
$687.0M
$677.7M
$627.3M
$574.5M
Total assets
$29.1B
$21.8B
$21.7B
$21.8B
Accounts payable
$17.4B
$11.0B
$10.1B
$10.5B
Accrued expenses
$1.5B
$1.2B
$1.5B
$1.3B
Short-term borrowings, including current portion of long-term debt
$341.0K
$350.0M
$1.7B
$589.9M
Total current liabilities
$18.8B
$12.6B
$13.2B
$12.4B
Long-term debt
$3.1B
$2.8B
$2.2B
$3.2B
Other liabilities
$489.3M
$516.2M
$507.4M
$579.3M
Common stock, par value $1: Authorized - 160,000 shares in both 2025 and 2024 Issued - 55,838 and 55,592 shares in 2025 and 2024, respectively
55.8M
55.6M
57.7M
125.4M
Capital in excess of par value
$587.0M
$562.1M
$553.3M
$1.2B
Treasury stock (4,768 and 3,420 shares in 2025 and 2024, respectively), at cost
-483.6M
-328.1M
-297.7M
-4.6B
Retained earnings
$6.6B
$6.0B
$5.8B
$9.2B
Accumulated other comprehensive loss
($126.6M)
($509.3M)
($298.0M)
($365.3M)
Total shareholders' equity
$6.6B
$5.8B
$5.8B
$5.5B
Noncontrolling interests
$74.0M
$70.4M
$71.8M
$65.0M
Total equity
$6.7B
$5.8B
$5.9B
$5.6B
Total liabilities and equity
$29.1B
$21.8B
$21.7B
$21.8B
Arrow Electronics, Inc. balance sheet, quarters
Line item
Jul 4, 2026
Apr 4, 2026
Sep 27, 2025
Jun 28, 2025
Cash and cash equivalents
$244.6M
$286.5M
$213.6M
$222.0M
Accounts receivable, net
$28.0B
$26.0B
$15.7B
$15.3B
Inventories
$5.9B
$5.7B
$4.7B
$4.7B
Other current assets
$796.0M
$584.8M
$539.9M
$603.7M
Total current assets
$35.0B
$32.6B
$21.1B
$20.8B
Land
$5.7M
$5.7M
$5.7M
$5.7M
Buildings and improvements
$205.8M
$208.8M
$194.7M
$196.6M
Machinery and equipment
$1.7B
$1.7B
$1.7B
$1.7B
Property, plant, and equipment, gross
$1.9B
$1.9B
$1.9B
$1.9B
Less: Accumulated depreciation and amortization
($1.5B)
($1.5B)
($1.4B)
($1.4B)
Property, plant, and equipment, net
$460.8M
$471.5M
$475.8M
$474.6M
Investments in affiliated companies
$62.1M
$59.2M
$58.1M
$57.8M
Intangible assets, net
$67.5M
$72.3M
$81.8M
$86.6M
Goodwill
$2.1B
$2.1B
$2.1B
$2.1B
Other assets
$687.8M
$686.8M
$655.4M
$663.2M
Total assets
$38.4B
$36.0B
$24.5B
$24.3B
Accounts payable
$27.1B
$24.7B
$13.1B
$13.2B
Accrued expenses
$1.5B
$1.4B
$1.3B
$1.3B
Short-term borrowings, including current portion of long-term debt
$117.5M
$113.4M
$10.8M
$455.6M
Total current liabilities
$28.7B
$26.3B
$14.4B
$15.0B
Long-term debt
$2.1B
$2.4B
$3.1B
$2.4B
Other liabilities
$502.5M
$498.5M
$490.4M
$499.4M
Common stock, par value $1: Authorized - 160,000 shares in both 2026 and 2025 Issued - 56,094 and 55,838 shares in 2026 and 2025, respectively
56.1M
56.0M
55.8M
55.8M
Capital in excess of par value
$613.6M
$595.7M
$579.7M
$589.5M
Treasury stock (5,119 and 4,768 shares in 2026 and 2025, respectively), at cost
-554.3M
-511.1M
-432.8M
-432.4M
Retained earnings
$7.1B
$6.8B
$6.4B
$6.2B
Accumulated other comprehensive loss
($170.0M)
($186.1M)
($159.4M)
($127.3M)
Total shareholders' equity
$7.0B
$6.7B
$6.4B
$6.3B
Noncontrolling interests
$73.7M
$74.0M
$74.9M
$75.2M
Total equity
$7.1B
$6.8B
$6.5B
$6.4B
Total liabilities and equity
$38.4B
$36.0B
$24.5B
$24.3B
Cash flow statement
Arrow Electronics, Inc. cash flow statement, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Consolidated net income
$569.7M
$393.5M
$909.4M
$1.4B
Depreciation and amortization
$137.8M
$163.0M
$181.1M
$187.4M
Amortization of stock-based compensation
$27.9M
$34.6M
$41.6M
$42.9M
Equity in earnings of affiliated companies
($3.2M)
($1.4M)
($6.4M)
($7.7M)
Deferred income taxes
($36.2M)
($99.9M)
($94.0M)
($13.1M)
Loss on extinguishment of debt
$0
$1.7M
—
—
(Gain) loss on investments, net
($110.3M)
$5.3M
($12.5M)
—
Other
$351.0K
$5.3M
$22.6M
$3.6M
Accounts receivable, net
($6.3B)
($1.0B)
$189.4M
($1.4B)
Inventories
($286.2M)
$421.1M
$139.3M
($1.2B)
Accounts payable
$6.1B
$1.1B
($457.4M)
$945.8M
Accrued expenses
$60.4M
($140.9M)
$38.6M
$102.2M
Other assets and liabilities
($62.0M)
$268.7M
($246.3M)
($136.1M)
Net cash provided by operating activities
$64.0M
$1.1B
$705.4M
($33.1M)
Acquisition of property, plant, and equipment
($101.3M)
($92.7M)
($83.3M)
($78.8M)
Proceeds from sale of property, plant, and equipment
$0
$5.2M
$0
$0
Cash consideration paid for acquired businesses, net of cash acquired
$0
($34.8M)
—
—
Proceeds from settlement of net investment hedges
$24.9M
$10.6M
$10.7M
—
Proceeds from sale of investments in equity securities
$100.0M
—
—
—
Other
$0
$17.3M
—
—
Net cash provided by (used for) investing activities
$23.6M
($94.4M)
($72.3M)
($57.7M)
Change in short-term and other borrowings
($592.0K)
($1.2B)
$866.0M
$258.8M
Proceeds from (repayments of) long-term bank borrowings, net
$302.8M
$470.3M
($1.0B)
$1.2B
Redemption of notes
($350.0M)
($1.0B)
($300.0M)
($350.0M)
Net proceeds from note offering
$0
$989.6M
$496.3M
$0
Proceeds from exercise of stock options
$3.5M
$5.4M
$17.0M
$17.3M
Repurchases of common stock
($161.7M)
($265.1M)
($770.2M)
($1.0B)
Settlement of forward-starting interest rate swap
$0
$0
$56.7M
—
Other
($148.0K)
($1.0M)
($142.0K)
($137.0K)
Net cash used for financing activities
($206.1M)
($956.8M)
($666.2M)
$109.8M
Effect of exchange rate changes on cash
$236.1M
($108.4M)
$74.2M
($64.3M)
Net increase (decrease) in cash and cash equivalents
$117.7M
($29.2M)
$41.1M
($45.3M)
Cash and cash equivalents at beginning of year
$188.8M
$218.1M
$176.9M
$222.2M
Cash and cash equivalents at end of year
$306.5M
$188.8M
$218.1M
$176.9M
Arrow Electronics, Inc. cash flow statement, quarters
Line item
Jul 4, 2026 · YTD
Apr 4, 2026 · Q2
Sep 27, 2025 · YTD
Jun 28, 2025 · YTD
Consolidated net income:
$508.9M
$236.0M
$376.1M
$266.9M
Depreciation and amortization
$71.7M
$36.1M
$103.8M
$71.0M
Amortization of stock-based compensation
$22.4M
$9.6M
$20.4M
$30.2M
Equity in earnings of affiliated companies
($3.0M)
($896.0K)
($1.1M)
($661.0K)
Deferred income taxes
$12.4M
$9.8M
$5.2M
$5.3M
Loss on disposition of businesses, net
$22.8M
—
—
—
Gain on investments, net
($6.0M)
$5.9M
($109.4M)
($103.9M)
Other
($173.0K)
$8.1M
($77.0K)
($302.0K)
Accounts receivable, net
($8.3B)
($6.3B)
($2.3B)
($1.9B)
Inventories
($876.3M)
($656.5M)
$65.2M
$46.4M
Accounts payable
$9.8B
$7.4B
$1.9B
$1.9B
Accrued expenses
$112.6M
$6.9M
($94.4M)
($81.7M)
Other assets and liabilities
($263.7M)
($65.5M)
($81.0M)
($140.8M)
Net cash provided by operating activities
$1.0B
$699.8M
($135.9M)
$145.8M
Acquisition of property, plant, and equipment
($53.2M)
($32.1M)
($73.9M)
($43.6M)
Proceeds from settlement of net investment hedges
$0
—
$24.9M
$24.9M
Proceeds from sale of investments in equity securities
$0
—
$100.0M
$100.0M
Net cash (used for) provided by investing activities
($53.2M)
($32.1M)
$51.0M
$81.3M
Change in short-term and other borrowings
$7.3M
$2.7M
$9.9M
$454.8M
Repayments of long-term bank borrowings, net
($923.2M)
($623.1M)
$338.2M
($413.7M)
Redemption of notes
$0
—
($350.0M)
($350.0M)
Proceeds from exercise of stock options
$10.4M
$5.0M
$3.4M
$3.2M
Repurchases of common stock
($75.1M)
($33.3M)
($110.8M)
($110.1M)
Other
($153.0K)
—
$0
$0
Net cash used for financing activities
($980.8M)
($648.7M)
($109.4M)
($415.9M)
Effect of exchange rate changes on cash
($45.9M)
($38.9M)
$219.1M
$222.1M
Net (decrease) increase in cash and cash equivalents