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Side-by-side financial comparison of Array Technologies, Inc. (ARRY) and GERMAN AMERICAN BANCORP, INC. (GABC). Click either name above to swap in a different company.

Array Technologies, Inc. is the larger business by last-quarter revenue ($226.0M vs $126.7M, roughly 1.8× GERMAN AMERICAN BANCORP, INC.). On growth, GERMAN AMERICAN BANCORP, INC. posted the faster year-over-year revenue change (39.7% vs -17.9%). GERMAN AMERICAN BANCORP, INC. produced more free cash flow last quarter ($154.0M vs $36.2M). Over the past eight quarters, GERMAN AMERICAN BANCORP, INC.'s revenue compounded faster (22.7% CAGR vs 21.4%).

ATI Technologies Inc. was a Canadian semiconductor technology corporation based in Markham, Ontario, that specialized in the development of graphics processing units and chipsets. Founded in 1985, the company listed publicly in 1993 and was acquired by AMD in 2006. As a major fabless semiconductor company, ATI conducted research and development in-house and outsourced the manufacturing and assembly of its products. With the decline and eventual bankruptcy of 3dfx in 2000, ATI and its chief ri...

American Express Company or Amex is an American bank holding company and multinational financial services corporation that specializes in payment cards. It is headquartered at 200 Vesey Street, also known as American Express Tower, in the Battery Park City neighborhood of Lower Manhattan.

ARRY vs GABC — Head-to-Head

Bigger by revenue
ARRY
ARRY
1.8× larger
ARRY
$226.0M
$126.7M
GABC
Growing faster (revenue YoY)
GABC
GABC
+57.6% gap
GABC
39.7%
-17.9%
ARRY
More free cash flow
GABC
GABC
$117.8M more FCF
GABC
$154.0M
$36.2M
ARRY
Faster 2-yr revenue CAGR
GABC
GABC
Annualised
GABC
22.7%
21.4%
ARRY

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ARRY
ARRY
GABC
GABC
Revenue
$226.0M
$126.7M
Net Profit
$35.7M
Gross Margin
8.6%
Operating Margin
-65.5%
34.6%
Net Margin
28.2%
Revenue YoY
-17.9%
39.7%
Net Profit YoY
53.7%
EPS (diluted)
$-1.06
$0.98

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ARRY
ARRY
GABC
GABC
Q4 25
$226.0M
$126.7M
Q3 25
$393.5M
$126.5M
Q2 25
$362.2M
$123.2M
Q1 25
$302.4M
$111.1M
Q4 24
$275.2M
$90.7M
Q3 24
$231.4M
$88.5M
Q2 24
$255.8M
$90.5M
Q1 24
$153.4M
$84.1M
Net Profit
ARRY
ARRY
GABC
GABC
Q4 25
$35.7M
Q3 25
$33.5M
$35.1M
Q2 25
$43.3M
$31.4M
Q1 25
$16.7M
$10.5M
Q4 24
$23.2M
Q3 24
$-141.4M
$21.0M
Q2 24
$25.7M
$20.5M
Q1 24
$2.2M
$19.0M
Gross Margin
ARRY
ARRY
GABC
GABC
Q4 25
8.6%
Q3 25
26.9%
Q2 25
26.8%
Q1 25
25.3%
Q4 24
28.5%
Q3 24
33.8%
Q2 24
33.6%
Q1 24
35.9%
Operating Margin
ARRY
ARRY
GABC
GABC
Q4 25
-65.5%
34.6%
Q3 25
11.6%
34.6%
Q2 25
12.8%
31.8%
Q1 25
9.0%
12.0%
Q4 24
-51.7%
31.6%
Q3 24
-57.3%
29.0%
Q2 24
15.5%
29.4%
Q1 24
5.5%
27.6%
Net Margin
ARRY
ARRY
GABC
GABC
Q4 25
28.2%
Q3 25
8.5%
27.7%
Q2 25
11.9%
25.5%
Q1 25
5.5%
9.5%
Q4 24
25.6%
Q3 24
-61.1%
23.8%
Q2 24
10.0%
22.7%
Q1 24
1.4%
22.6%
EPS (diluted)
ARRY
ARRY
GABC
GABC
Q4 25
$-1.06
$0.98
Q3 25
$0.12
$0.94
Q2 25
$0.19
$0.84
Q1 25
$0.02
$0.30
Q4 24
$-0.94
$0.79
Q3 24
$-1.02
$0.71
Q2 24
$0.08
$0.69
Q1 24
$-0.07
$0.64

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ARRY
ARRY
GABC
GABC
Cash + ST InvestmentsLiquidity on hand
$244.4M
Total DebtLower is stronger
$100.0M
Stockholders' EquityBook value
$-206.3M
$1.2B
Total Assets
$1.5B
$8.4B
Debt / EquityLower = less leverage
0.09×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ARRY
ARRY
GABC
GABC
Q4 25
$244.4M
Q3 25
$221.5M
Q2 25
$377.3M
Q1 25
$348.3M
Q4 24
$363.0M
Q3 24
$332.4M
Q2 24
$282.3M
Q1 24
$287.6M
Total Debt
ARRY
ARRY
GABC
GABC
Q4 25
$100.0M
Q3 25
Q2 25
Q1 25
Q4 24
$114.6M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
ARRY
ARRY
GABC
GABC
Q4 25
$-206.3M
$1.2B
Q3 25
$-46.7M
$1.1B
Q2 25
$-70.9M
$1.1B
Q1 25
$-97.8M
$1.0B
Q4 24
$-118.1M
$715.1M
Q3 24
$64.5M
$744.6M
Q2 24
$200.0M
$687.8M
Q1 24
$231.2M
$655.3M
Total Assets
ARRY
ARRY
GABC
GABC
Q4 25
$1.5B
$8.4B
Q3 25
$1.6B
$8.4B
Q2 25
$1.5B
$8.3B
Q1 25
$1.4B
$8.4B
Q4 24
$1.4B
$6.3B
Q3 24
$1.6B
$6.3B
Q2 24
$1.7B
$6.2B
Q1 24
$1.6B
$6.1B
Debt / Equity
ARRY
ARRY
GABC
GABC
Q4 25
0.09×
Q3 25
Q2 25
Q1 25
Q4 24
0.16×
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ARRY
ARRY
GABC
GABC
Operating Cash FlowLast quarter
$43.6M
$159.3M
Free Cash FlowOCF − Capex
$36.2M
$154.0M
FCF MarginFCF / Revenue
16.0%
121.6%
Capex IntensityCapex / Revenue
3.3%
4.2%
Cash ConversionOCF / Net Profit
4.46×
TTM Free Cash FlowTrailing 4 quarters
$79.8M
$267.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ARRY
ARRY
GABC
GABC
Q4 25
$43.6M
$159.3M
Q3 25
$27.4M
$51.8M
Q2 25
$43.8M
$26.9M
Q1 25
$-13.1M
$37.9M
Q4 24
$57.6M
$95.8M
Q3 24
$44.9M
$24.5M
Q2 24
$4.0M
$18.7M
Q1 24
$47.5M
$23.9M
Free Cash Flow
ARRY
ARRY
GABC
GABC
Q4 25
$36.2M
$154.0M
Q3 25
$21.9M
$50.1M
Q2 25
$37.2M
$26.2M
Q1 25
$-15.4M
$36.7M
Q4 24
$55.9M
$90.7M
Q3 24
$43.9M
$23.0M
Q2 24
$1.8M
$17.0M
Q1 24
$45.1M
$22.6M
FCF Margin
ARRY
ARRY
GABC
GABC
Q4 25
16.0%
121.6%
Q3 25
5.6%
39.6%
Q2 25
10.3%
21.2%
Q1 25
-5.1%
33.0%
Q4 24
20.3%
100.1%
Q3 24
19.0%
26.0%
Q2 24
0.7%
18.8%
Q1 24
29.4%
26.9%
Capex Intensity
ARRY
ARRY
GABC
GABC
Q4 25
3.3%
4.2%
Q3 25
1.4%
1.3%
Q2 25
1.8%
0.6%
Q1 25
0.8%
1.1%
Q4 24
0.6%
5.6%
Q3 24
0.5%
1.7%
Q2 24
0.8%
1.8%
Q1 24
1.6%
1.5%
Cash Conversion
ARRY
ARRY
GABC
GABC
Q4 25
4.46×
Q3 25
0.82×
1.48×
Q2 25
1.01×
0.86×
Q1 25
-0.78×
3.61×
Q4 24
4.13×
Q3 24
1.16×
Q2 24
0.15×
0.91×
Q1 24
21.94×
1.25×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ARRY
ARRY

Array Legacy Operations Segment$212.0M94%
STI Operations Segment$14.0M6%

GABC
GABC

Segment breakdown not available.

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