ARROW ELECTRONICS, INC.
For the period ended Jun 28, 2025. Filed Jul 31, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 28, 2025 · Filed Jul 31, 2025
ARW$191.84+5.9%Stored close · as of Nov 9, 2026
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Consolidated Statements of Operations
(In thousands except per share data)
| | | | | | | | | | | | | | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| · · Quarter Ended · · Six Months Ended · | |||||||||||||
| · · June 28, · · June 29, · · June 28, · · June 29, · | |||||||||||||
| · 2025 · 2024 · 2025 · 2024 | |||||||||||||
| Sales | | $7,579,947 | | $6,892,868 | | $14,393,964 | | $13,817,128 | | ||||
| Cost of sales | | 6,731,290 | | 6,046,424 | | 12,771,315 | | 12,112,858 | | ||||
| Gross profit | | 848,657 | | 846,444 | | 1,622,649 | | 1,704,270 | | ||||
| Operating expenses: | | | | | | ||||||||
| Selling, general, and administrative | | 600,990 | | 552,595 | | 1,163,306 | | 1,135,921 | | ||||
| Depreciation and amortization | | 35,162 | | 41,037 | | 70,972 | | 82,764 | | ||||
| Restructuring, integration, and other | | 21,919 | | 40,537 | | 39,232 | | 87,393 | | ||||
| | | 658,071 | | 634,169 | | 1,273,510 | | 1,306,078 | | ||||
| Operating income | | 190,586 | | 212,275 | | 349,139 | | 398,192 | | ||||
| Equity in (losses) earnings of affiliated companies | | (659) | | 1,254 | | 661 | | 910 | | ||||
| Gain (loss) on investments, net | | 103,976 | | (4,615) | | 104,116 | | (4,517) | | ||||
| Loss on extinguishment of debt | | | — | | | (1,657) | | | — | | | (1,657) | |
| Post-retirement expense | | (664) | | (980) | | (1,286) | | (1,913) | | ||||
| Interest and other financing expense, net | | (60,283) | | (66,891) | | (116,465) | | (146,495) | | ||||
| Income before income taxes | | 232,956 | | 139,386 | | 336,165 | | 244,520 | | ||||
| Provision for income taxes | | 45,934 | | 29,762 | | 69,279 | | 51,798 | | ||||
| Consolidated net income | | 187,022 | | 109,624 | | 266,886 | | 192,722 | | ||||
| Noncontrolling interests | | (727) | | 926 | | (583) | | 423 | | ||||
| Net income attributable to shareholders | | $187,749 | | $108,698 | | $267,469 | | $192,299 | | ||||
| | | | | | | | | | | | | | |
| Net income per share: | | | | | | ||||||||
| Basic | | $3.62 | | $2.03 | | $5.14 | | $3.56 | | ||||
| Diluted | | $3.59 | | $2.01 | | $5.09 | | $3.53 | | ||||
| Weighted-average shares outstanding: | | | | | | ||||||||
| Basic | | 51,856 | | 53,640 | | 52,057 | | 53,944 | | ||||
| Diluted | | 52,342 | | 54,181 | | 52,504 | | 54,496 | | ||||
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