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Array Digital Infrastructure, Inc. (AD)
NYSE: AD · Real-Time Price · USD
27.84
+0.51 (1.87%)
At close: Nov 13, 2026, 4:00 PM EST
27.90
+0.06 (0.22%)
After-hours: Nov 13, 2026, 7:30 PM EST

AD Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits
Chart
Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
220.28162.96102.93100.474,1694,122
Revenue Growth
71.13%58.32%2.45%-97.59%1.14%2.11%
Gross Profit
12983.4829.9432.582,1982,214
Operating Income
6.93-49.23-119.83-118.8190191
Net Income
642.7648.76-39.454.4630155
Earnings Per Share
-0.56-0.460.630.351.77
EPS Growth
---78.96%-80.23%-32.44%

Revenue by Segment
Chart
Fiscal Year
TTMFY 2025FY 2024FY 2023
Period EndingSep '26 Dec '25 Dec '24 Dec '23
Site Rental
211.66154.65102.61100.38
Services
8.628.310.320.09
Revenue (Total)
-162.96102.93100.47

Cash & Debt
Chart
Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
233.57113.4143.73150273156
Total Debt
1,1891,1991,7364,0304,2363,749
Net Cash (Debt)
-955.53-1,086-1,592-3,880-3,963-3,593
Net Cash Growth
------
Net Cash Per Share
--12.44-18.59-44.74-46.08-41.30

Cash Flow & CapEx
Chart
Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
-396.63200.84882.47866.86832802
Capital Expenditures
-29.62-27.2-18.47-40.64-602-724
Free Cash Flow
-426.25173.64864826.2223078
Free Cash Flow Growth
--79.90%4.57%259.23%194.87%-68.55%

Margins
Chart
Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
58.56%51.22%29.08%32.43%52.72%53.71%
Operating Margin
3.15%-30.21%-116.42%-118.26%2.16%4.63%
Pretax Margin
358.95%86.60%-96.88%41.04%1.73%4.37%
Profit Margin
291.79%29.92%-38.28%54.21%0.72%3.76%
FCF Margin
-193.50%106.55%839.38%822.36%5.52%1.89%

Valuation
Chart
Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingNov '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
3.7595.00-64.8459.2317.64
Forward PE
20.5841.7366.6064.1561.7816.21
P/FCF Ratio
-26.686.244.277.7335.05
PS Ratio
10.9328.4252.3935.150.430.66