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ARW

Arrow Electronics, Inc.

ARW

Arrow Electronics, Inc. • NYSE
$108.01 ▲ 0.10% (+0.11)
Market Cap $5.56 B
52w High $134.74
52w Low $86.50
Dividend Yield 0%
P/E 11.92
Volume 178.34K
Outstanding Shares 51.51M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $7.713B ▲ $656.307M ▼ $109.193M ▼ 1.416% ▼ $2.11 ▼ $227.594M ▼
Q2-2025 $7.58B ▲ $658.071M ▲ $187.749M ▲ 2.477% ▲ $3.62 ▲ $328.401M ▲
Q1-2025 $6.814B ▼ $615.439M ▲ $79.72M ▼ 1.17% ▼ $1.53 ▼ $82.693M ▼
Q4-2024 $7.283B ▲ $608.207M ▼ $99.208M ▼ 1.362% ▼ $1.88 ▼ $240.593M ▲
Q3-2024 $6.823B $609.566M $100.567M 1.474% $1.9 $219.634M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $213.612M ▼ $24.526B ▲ $18.051B ▲ $6.401B ▲
Q2-2025 $221.97M ▼ $24.253B ▲ $17.844B ▲ $6.334B ▲
Q1-2025 $231.882M ▲ $21.401B ▼ $15.403B ▼ $5.925B ▲
Q4-2024 $188.807M ▼ $21.758B ▲ $15.926B ▲ $5.761B ▼
Q3-2024 $248M $20.935B $14.899B $5.963B

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $109.262M ▼ $-281.684M ▼ $-30.276M ▼ $306.523M ▲ $-8.358M ▲ $-238.087M ▼
Q2-2025 $187.022M ▲ $-205.896M ▼ $106.24M ▲ $-73.832M ▲ $-9.912M ▼ $-224.514M ▼
Q1-2025 $79.864M ▼ $351.679M ▲ $-24.979M ▲ $-342.116M ▼ $43.075M ▲ $326.7M ▲
Q4-2024 $99.888M ▼ $326.464M ▲ $-41.416M ▼ $-201.441M ▼ $-59.193M ▼ $303.916M ▲
Q3-2024 $100.897M $80.558M $-7.842M $-120.477M $34.991M $62.039M

Revenue by Products

Product Q4-2024Q1-2025Q2-2025Q3-2025
Global Components
Global Components
 $4.81Bn ▲$4.78Bn ▼$5.28Bn ▲$5.56Bn ▲
Global ECS
Global ECS
 $2.47Bn ▲$2.04Bn ▼$2.30Bn ▲$2.16Bn ▼

Five-Year Company Overview

Income Statement

Income Statement Arrow’s revenue and profits have clearly come off the peak they reached a couple of years ago. Sales climbed strongly coming out of 2020 but have declined for two straight years, reflecting a cyclical slowdown in electronics demand. Profit margins improved meaningfully during the upcycle, then narrowed again as volumes softened and pricing became tougher. Even so, profitability today still looks better than it did before the pandemic, just well below the boom years. Overall, this is a solid but cyclical earnings profile: still profitable, but currently in a down phase of the cycle with much lower earnings per share than at the recent peak.

Balance Sheet

Balance Sheet The balance sheet looks steady rather than spectacular. Total assets have been broadly flat for several years, suggesting the company is managing its inventory and receivables fairly tightly as demand cools. Debt has crept up compared with a few years ago, but not to alarming levels, and shareholder equity has inched higher, which supports solvency. Cash on hand is relatively modest, which is typical for a large distributor that relies on credit lines and working capital management. Overall, Arrow appears reasonably well capitalized, but it does not have a large cash cushion and remains reliant on smooth financing and inventory turnover.

Cash Flow

Cash Flow Cash generation has been choppy, heavily influenced by swings in inventory and customer payment timing. There was a notably weak year earlier in the period when operating cash flow dipped around the peak of the cycle, likely as working capital was tied up in stock. More recently, cash flow has improved significantly, with healthy free cash flow in the last two years even as reported earnings dropped, helped by unwinding prior inventory builds. Capital spending remains modest and consistent, which keeps cash needs low. In short, cash flow is volatile year to year but, over time, the business has shown it can convert earnings into cash fairly well.

Competitive Edge

Competitive Edge Arrow holds a strong position as one of the largest global distributors of electronic components and enterprise IT solutions. Its scale, worldwide logistics network, and deep relationships with both suppliers and customers create meaningful barriers to entry. The company is more than a middleman: it offers engineering help, design support, and sophisticated supply-chain services that make it harder for customers to switch away. Compared with peers, Arrow’s added focus on enterprise computing and cloud services, especially through its ECS segment, helps diversify it beyond pure components distribution. The main risks are intense price competition in distribution and the highly cyclical nature of end markets, but Arrow’s size and integration into customers’ workflows give it a durable competitive footing.

Innovation and R&D

Innovation and R&D Arrow’s innovation is less about traditional laboratory R&D and more about building digital platforms, engineering capabilities, and new service offerings. ArrowSphere, its cloud commerce platform, is a central asset, allowing partners to manage complex cloud, cybersecurity, and software environments through a single interface. The company is also investing in engineering centers, such as its new hub in India, to support customers with AI at the edge, IoT, and advanced sensing designs. Recent moves into AI-focused managed and professional services signal a push up the value chain, helping partners deploy and maintain modern AI solutions. Strategic partnerships and selective acquisitions in software, cloud, and storage further extend these capabilities. Overall, Arrow’s innovation effort is aimed at making it an indispensable technical and cloud partner, not just a parts supplier.

Summary

Arrow today looks like a mature, cyclical tech distributor that has been working hard to reinvent itself as a higher-value solutions provider. Financially, it is coming off an unusually strong upcycle: revenues and profits have retreated from their highs, but margins are still better than the pre-pandemic period, and the company remains solidly profitable. The balance sheet is sound with manageable leverage and stable equity, and recent years have produced good free cash flow as working capital has been released. Strategically, Arrow’s scale, relationships, and service depth give it a solid moat in a tough, low-margin industry. Its push into cloud, software, and AI services via platforms like ArrowSphere and its engineering network is a key long-term opportunity, but execution and end-market cyclicality will continue to drive results from year to year. Overall, this is a large, entrenched player navigating a down cycle while investing to become more of a technology solutions partner than a traditional distributor.

NEWS

November 12, 2025 · 4:02 PM UTC

Arrow Electronics to Present at Upcoming Investor Conferences

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November 12, 2025 · 3:00 PM UTC

Arrow Electronics Recognized as 2025 Microsoft Distribution Partner of the Year

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October 30, 2025 · 4:02 PM UTC

Arrow Electronics Reports Third-Quarter 2025 Results

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October 21, 2025 · 5:13 PM UTC

Arrow Electronics to Host Third-quarter 2025 Earnings Conference Call

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September 16, 2025 · 4:05 PM UTC

Arrow Electronics Announces Leadership Change

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