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Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

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TTENK/calls
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TTENK/calls
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Home›AD›Financials
Annual statements · SEC XBRL · FY2016 – FY2025

ARRAY DIGITAL INFRASTRUCTURE, INC. (AD) financials

Income statement

ARRAY DIGITAL INFRASTRUCTURE, INC. (AD) income statement, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue$3.99B$3.89B$3.97B$4.02B$4.04B$4.12B$4.17B$100M$103M$163M
Revenue growth—-2.5%2.0%1.4%0.4%2.1%1.1%-97.6%2.5%58.3%
Operating income$48.0M-$304M$158M$112M$173M$170M$69.0M-$112M-$260M-$92.5M
Operating margin1.2%-7.8%4.0%2.8%4.3%4.1%1.7%-111.7%-252.9%-56.8%
Net income$48.0M$12.0M$150M$127M$229M$155M$30.0M$54.5M-$39.4M$48.8M
Net margin1.2%0.3%3.8%3.2%5.7%3.8%0.7%54.2%-38.3%29.9%
EPS (diluted)$0.56$0.14$1.72$1.44$2.62$1.77$0.35$0.63-$0.46$0.56

Cash flow

ARRAY DIGITAL INFRASTRUCTURE, INC. (AD) cash flow, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow$501M$469M$709M$724M$1.24B$802M$832M$867M$882M$201M
Capital expenditures$443M$465M$512M$650M$989M$724M$602M$40.6M$18.5M$27.2M
Free cash flow$58.0M$4.00M$197M$74.0M$248M$78.0M$230M$826M$864M$174M
Share buybacks$5.00M$0.00$0.00$21.0M$23.0M$31.0M$43.0M$0.00$54.1M$21.4M

Balance sheet

ARRAY DIGITAL INFRASTRUCTURE, INC. (AD) balance sheet, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$586M$352M$580M$285M$1.27B$156M$273M$150M$144M$113M
Total assets$7.11B$6.84B$7.27B$8.16B$9.68B$10.3B$11.1B$10.8B$10.4B$4.68B
Shareholders' equity$3.63B$3.68B$4.06B$4.20B$4.41B$4.55B$4.55B$4.63B$4.58B$2.57B
Retained earnings$2.16B$2.16B$2.44B$2.55B$2.74B$2.85B$2.86B$2.89B$2.82B$770M
Shares (wtd avg diluted)85.0M86.0M87.0M88.0M87.0M87.0M86.0M86.7M85.6M87.3M

Every figure is extracted from ARRAY DIGITAL INFRASTRUCTURE, INC.’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is ARRAY DIGITAL INFRASTRUCTURE, INC.'s annual revenue?
ARRAY DIGITAL INFRASTRUCTURE, INC. (AD) reported $163M of revenue for fiscal year 2025 — up 58.3% from $103M in FY2024, per its annual report filed with the SEC.
Is ARRAY DIGITAL INFRASTRUCTURE, INC. profitable?
Yes — AD earned $48.8M of net income in FY2025, a 29.9% net margin, per SEC filings.
What is ARRAY DIGITAL INFRASTRUCTURE, INC.'s free cash flow?
$174M in FY2025 (operating cash flow $201M minus $27.2M of capital expenditures), from the SEC cash-flow statement.
Does AD pay a dividend?
ARRAY DIGITAL INFRASTRUCTURE, INC. reported no cash dividends paid in FY2025, per its SEC cash-flow statement.
Full AD analysis — verdict, score & filings →Is AD a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.