Array Digital Infrastructure, Inc. (AD)
NYSE: AD · Real-Time Price · USD
35.29
+0.24 (0.68%)
Aug 19, 2026, 4:00 PM EDT - Market closed

AD Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
213.53162.96102.93100.474,1694,122
Revenue Growth
98.93%58.32%2.45%-97.59%1.14%2.11%
Gross Profit
124.6383.4829.9432.582,1982,214
Operating Income
1.77-49.23-119.83-118.8190191
Net Income
535.548.76-39.454.4630155
Earnings Per Share
6.190.56-0.460.630.351.77
EPS Growth
---78.96%-80.23%-32.44%

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023
Period EndingJun '26 Dec '25 Dec '24 Dec '23
Site Rental
205.03154.65102.61100.38
Services
8.58.310.320.09
Revenue (Total)
213.53162.96102.93100.47

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
416.44113.4143.73150273156
Total Debt
1,1981,1991,7364,0304,2363,749
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

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
-302.74200.84882.47866.86832802
Capital Expenditures
-35.37-27.2-18.47-40.64-602-724
Free Cash Flow
-338.11173.64864826.2223078
Free Cash Flow Growth
--79.90%4.57%259.23%194.87%-68.55%

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
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%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
4.6095.00-64.8459.2317.64
Forward PE
26.3641.7366.6064.1561.7816.21
P/FCF Ratio
-26.686.244.277.7335.05
PS Ratio
14.2928.4252.3935.150.430.66