Array Digital Infrastructure, Inc.
AD NYSE· Radiotelephone Communications
Last close · Oct 23, 2026
$33.56
KIRA · Stoqly’s AI analyst, in plain words
- Array Digital Infrastructure, Inc. had $163M of revenue in fiscal 2025, up 58.3% on the year before. Over five years, revenue changed −47.4% a year on average.
- Its operating margin was −56.8%, up 196.1 pts: of every 100 in sales, about −57 is left after running the business.
- Array Digital Infrastructure, Inc. made $48.8M of net profit in fiscal 2025. From fiscal 2016 to 2025, diluted EPS grew 0.0% a year.
- Free cash flow was $174M in fiscal 2025, 106.6% of revenue.
- Array Digital Infrastructure, Inc. returned $21.4M to shareholders in fiscal 2025, 12% of free cash flow. The diluted share count rose 1.9%.
- Array Digital Infrastructure, Inc. owes $561M more than it holds in cash.
Market cap
$2.9B
P/E
5.4x
Revenue
$163M
Net income
$48.8M
Free cash flow
$174M
Operating margin
−56.8%
Array Digital Infrastructure, Inc. in 30 seconds · fiscal 2025
Are sales growing?
+58.3%
Yes. Sales grew 58.3% last year.
Does it make a profit?
29.9%
Yes. It keeps 29.9% of every sale as profit.
Does profit turn into cash?
106.6%
Yes. 106.6% of sales ends up as free cash.
How healthy are the accounts?
6 / 9
Mixed. It passes 6 of 9 health tests.
How is the share priced?
5.4x
One share costs 5.4 times its yearly profit per share.
What Array Digital Infrastructure, Inc. does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Feb 20, 2026
- Legal name
- ARRAY DIGITAL INFRASTRUCTURE, INC.
- CIK
- 0000821130
Array Digital Infrastructure, Inc. · AD
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $4.1B | $4.2B | $100M | $103M | $163M |
| Revenue growth | 2.1% | 1.1% | −97.6% | 2.5% | 58.3% |
| Gross margin | — | — | 32.4% | 29.1% | 51.2% |
| Operating margin | 4.1% | 1.7% | −111.7% | −252.9% | −56.8% |
| Net income | $155M | $30.0M | $54.5M | −$39.4M | $48.8M |
| Net margin | 3.8% | 0.7% | 54.2% | −38.3% | 29.9% |
| Diluted EPS | $1.77 | $0.35 | $0.63 | −$0.46 | $0.56 |
| Cash | |||||
| Cash from operations | $802M | $832M | $867M | $882M | $201M |
| Capital expenditure | $724M | $602M | $40.6M | $18.5M | $27.2M |
| Free cash flow | $78.0M | $230M | $826M | $864M | $174M |
| FCF margin | 1.9% | 5.5% | 822.4% | 839.4% | 106.6% |
| Share buybacks | $31.0M | $43.0M | $0.0M | $54.1M | $21.4M |
| Share count change | 0.0% | −1.1% | 0.9% | −1.3% | 1.9% |
| Debt and strength | |||||
| Cash and short-term investments | $156M | $273M | $150M | $144M | $113M |
| Debt incl. finance leases | $2.7B | $3.2B | $3.1B | $1.2B | $674M |
| Shareholders' equity | $4.5B | $4.6B | $4.6B | $4.6B | $2.6B |
| Net debt / EBITDA | 3.1x | 3.9x | — | — | — |
| Current ratio | 1.8x | 1.4x | 1.6x | 1.5x | 0.7x |
| Interest coverage | 1.0x | 0.4x | −7.7x | −21.0x | −3.3x |
| Returns and quality | |||||
| Return on capital | 2.1% | 0.6% | −1.0% | −3.6% | −3.0% |
| Return on equity | 3.5% | 0.7% | 1.2% | −0.9% | 1.4% |
| Return on tangible equity | 3.4% | 0.7% | 1.2% | −0.9% | 1.9% |
| Piotroski F-score | 4 | 4 | 6 | 5 | 6 |
| Altman Z'' | 2.3 | 1.9 | 1.9 | 1.8 | 1.6 |
Insiders bought, 12 months
$0.0M
0 insiders
Insiders sold, 12 months
$0.3M
1 insider
Of sales under plans
0%
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Array Digital Infrastructure, Inc. · AD
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
KIRA
At $33.56 a share, the company is worth $2.9B: 5.4 times its earnings of the last four quarters.
Source: SEC EDGAR XBRL filings (CIK 0000821130). Data updated October 24, 2026. For information only — not investment advice. Check the original filings before relying on any figure.