Array Digital Infrastructure, Inc. (AD)

NYSE: AD · Real-Time Price · USD

34.50

+0.11 (0.32%)

At close: Oct 5, 2026, 4:00 PM EDT

34.55

+0.05 (0.14%)

After-hours: Oct 5, 2026, 7:32 PM EDT

AD Financials Overview

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	213.53	162.96	102.93	100.47	4,169	4,122
Revenue Growth	98.93%	58.32%	2.45%	-97.59%	1.14%	2.11%
Gross Profit	124.63	83.48	29.94	32.58	2,198	2,214
Operating Income	1.77	-49.23	-119.83	-118.81	90	191
Net Income	535.5	48.76	-39.4	54.46	30	155
Earnings Per Share	6.19	0.56	-0.46	0.63	0.35	1.77
EPS Growth	-	-	-	78.96%	-80.23%	-32.44%

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Site Rental	205.03	154.65	102.61	100.38
Services	8.5	8.31	0.32	0.09
Revenue (Total)	213.53	162.96	102.93	100.47

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Investments	416.44	113.4	143.73	150	273	156
Total Debt	1,198	1,199	1,736	4,030	4,236	3,749
Net Cash (Debt)	-781.15	-1,086	-1,592	-3,880	-3,963	-3,593
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-9.02	-12.44	-18.59	-44.74	-46.08	-41.30

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Cash Flow	-302.74	200.84	882.47	866.86	832	802
Capital Expenditures	-35.37	-27.2	-18.47	-40.64	-602	-724
Free Cash Flow	-338.11	173.64	864	826.22	230	78
Free Cash Flow Growth	-	-79.90%	4.57%	259.23%	194.87%	-68.55%

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Gross Margin	58.37%	51.22%	29.08%	32.43%	52.72%	53.71%
Operating Margin	0.83%	-30.21%	-116.42%	-118.26%	2.16%	4.63%
Pretax Margin	373.74%	86.60%	-96.88%	41.04%	1.73%	4.37%
Profit Margin	250.79%	29.92%	-38.28%	54.21%	0.72%	3.76%
FCF Margin	-158.34%	106.55%	839.38%	822.36%	5.52%	1.89%

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct '26 Oct 6, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
PE Ratio	4.50	95.00	-	64.84	59.23	17.64
Forward PE	25.77	41.73	66.60	64.15	61.78	16.21
P/FCF Ratio	-	26.68	6.24	4.27	7.73	35.05
PS Ratio	13.97	28.42	52.39	35.15	0.43	0.66