Array Digital Infrastructure, Inc.: stock overview

ADNYSECommunication services · Radiotelephone Communications

Price

$27.84

November 13, 2026Market cap $2.4B

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  • The full history: 17 fiscal years, from 2009
  • The estimated fair value, with its range and its certainty
  • The full analysis, 18 a month
  • More questions to the chat on its filings
  • Excel with every year
  • An email when it reports, changes its dividend or an officer buys

Sign in with a free account to see the last 5 fiscal years.

Notes on these figures

  • Profit over the last twelve months is well above what the business itself earned, because it includes large gains outside the business, such as on investments or from selling a business. The P/E is lower than the business alone would give.
  • A figure that did not match the numbers it is built from has been left out.

In short

Array Digital Infrastructure had revenue of $220M over the last 12 months and net income of $643M, a net margin of 291.8%. Revenue fell by 47.4% a year on average over the last 5 years. At $27.84 the shares trade at a P/E of 3.7, against a median of 62.8 over the last 4 fiscal years. It has net debt of $440M. It pays no dividend.

From its SEC filings (latest fiscal year to December 31, 2025) and the price of November 13, 2026.

Its SEC filings
Market cap
$2.4B
86.38M shares
P/E
3.7
Today3.7
Median62.8
Revenue, 12 months
$220M
-47.4% a year over 5 years
Net margin
291.8%
2025: 42.5%, above 95% of its industry

Worth knowing

What a holder would want to hear from the company's SEC filings of the last three years. Each with its filing, without comment.

3 fiscal years in figures

Each fiscal year's figures as the company filed them, and the share price at its end.

2023–2025 fiscal years

+27.4% a year over 2 years

  • 202510-K
    Revenue$163M
  • 202410-K
    Revenue$103M
  • 202310-K
    Revenue$100M

Fiscal years in figures

AD's revenue, profit, cash flow and dividend with each year-end price, from 2009 to 2022, 14 more fiscal years

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Key figures

The company's current figures in five groups. Each term is explained behind its ⓘ.

Valuation

Market cap 3-year median: $4.6B
$2.4B
Enterprise value 
$2.8B
P/E 
3.7
EV / EBIT 
5.0
EV / Revenue 
12.9
P/B 3-year median: 1.2
1.8
FCF yield 3-year median: 16.2%
–
Earnings yield 3-year median: 1.0%
26.7%

Profitability

Gross margin 
58.6%
Operating margin 
257.1%
Net margin 3-year median: 29.9%
291.8%
ROIC 
17.4%
ROIC, 5-year average 
-0.9%
ROE 
33.6%

Growth

Revenue, yearly change 
+58.3%
EPS, yearly change 
–
FCF, yearly change 
-79.9%
Revenue, average a year 
-47.4%
EPS, average a year 
-26.6%

The yearly change compares FY2025 with FY2024.

Balance sheet

Cash 
$234M
Total debt 
$1.2B
Of which operating leases 
$516M
Net debt 
$440M
Net debt / EBITDA 
0.7x
Interest cover 
13.8x
Current ratio 
1.11

Balance sheet of September 30, 2026.

Returns to shareholders

Dividend yield 
0.00%
Buybacks 
0.89%
Total returned 
77.22%
Shares, yearly change 
+1.5%
Valuation against its own pastEach fiscal year's P/E, P/FCF and P/B beside today's, and the DCF calculator for the company.Valuation

Against its industry

Where its margins and returns stood in fiscal 2025 among the SEC filers of its industry (SIC code 48).

Operating margin

-56.8%

Above 10% of the 65 companies in its industry, and 7% of all.

Net margin

42.5%

Above 95% of the 67 companies in its industry, and 97% of all.

ROE

2.7%

Above 55% of the 54 companies in its industry, and 37% of all.

ROA

1.5%

Above 65% of the 67 companies in its industry, and 51% of all.

Revenue growth

-95.6%

Above 1% of the 66 companies in its industry, and 0% of all.

From the yearly figures every company files with the SEC, for those with revenue of at least $25 million. The industry is the first two digits of the SIC code.

The company at the SEC

How it is registered and when its fiscal year ends.

Name at the SEC
ARRAY DIGITAL INFRASTRUCTURE, INC.
CIK
821130
Exchange
NYSE
Industry (SIC)
4812 · Radiotelephone Communications
Fiscal year ends
December 31
Latest annual report
December 31, 2025
Reporting currency
USD
Shares
86.38M

Other companies: Communication services

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The full analysis

What do Array Digital Infrastructure's filings show?

These are Array Digital Infrastructure's figures. The full Ploutos AI analysis reads everything the company has filed and shows what stands behind it, with a source for every figure.

  • A fair value range built from the filings
  • Earnings quality, debt and red flags
  • Insider and institutional moves
  • The case for and the case against

Questions about AD

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What is AD's market cap?

Array Digital Infrastructure, Inc.'s market cap is $2.4B, at a price of $27.84 on November 13, 2026 and 86.38M shares.

What is AD's P/E?

AD's P/E is 3.7, on earnings per share of $7.44 over the last 12 months. The median over the last 4 fiscal years was 62.8.

How much revenue does AD have?

Array Digital Infrastructure had revenue of $220M over the last 12 months. Over the last 5 years it changed by -47.4% a year on average.

Does AD pay a dividend?

No. Array Digital Infrastructure paid no regular dividend over the last 12 months.

Where do the figures come from?

From Array Digital Infrastructure, Inc.'s SEC filings (10-K and 10-Q) and the share price. They hold no analyst estimates and no score, and they are not a recommendation.

Related pages

The other pages on US stocks, free to read. On the company pages, the last three fiscal years are open to everyone, five with a free account, and every year with Ploutos Investor.

US stocksThe market today, the sectors, the largest companies and the week's results.The market's sectorsThe 11 sectors side by side: returns, share of the market, median P/E and dividend.Compare stocksTwo companies side by side: price over up to ten years, with and without dividends, and every figure.US dividend stocksEach dividend's yield next to whether the company's cash covers it and whether it was ever cut.

The figures come from the company's SEC filings and the share price, and describe what it has reported. They are not a score or a fair value.