Array Digital Infrastructure (AD) Assets (2009 - 2026)
Array Digital Infrastructure (AD) reported Assets of $3.37 billion for Q2 2026, down 67.5% from $10.38 billion a year earlier and down 15.0% from the prior quarter.
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Analysis
Array Digital Infrastructure (AD) Assets (2009 - 2026) Analysis & Trends
At the end of FY2025, Array Digital Infrastructure posted Assets of $4.68 billion, down 55.2% from FY2024.
- Assets has declined for three consecutive years, with a five-year compound annual growth rate of -13.5% (FY2020 to FY2025).
- By year, Assets came in at $10.45 billion in FY2024 (-2.8%), $10.75 billion in FY2023 (-3.3%), $11.12 billion in FY2022 (+7.5%) and $10.34 billion in FY2021 (+6.8%).
- The Q2 2026 figure ranks as the lowest quarterly Assets in data going back to Q4 2009.
- Year over year, Assets has now declined in each of the last 13 quarters, with an average decline of 31.0% over the last eight quarters.
- The high point for year-over-year Assets in five years was Q2 2022 (growth of 10.9%); the low point was Q2 2026 (a decline of 67.5%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $3.96 billion (Q1 2026), $4.68 billion (Q4 2025) and $4.92 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Assets (Qtr) |
|---|---|---|---|---|---|
| 1 | American Tower | 76.26 Bn | 75.99 Bn | 2.72 Bn | 63.30 Bn |
| 2 | Digital Realty Trust | 64.98 Bn | 55.50 Bn | - | 54.52 Bn |
| 3 | Crown Castle | 28.39 Bn | 27.14 Bn | 989.00 Mn | 21.51 Bn |
| 4 | Sba Communications | 16.99 Bn | 17.07 Bn | 539.27 Mn | 11.74 Bn |
| 5 | Lamar Advertising | 12.56 Bn | 12.38 Bn | 422.53 Mn | 6.99 Bn |
| 6 | OUTFRONT Media | 4.89 Bn | 4.65 Bn | 276.40 Mn | 5.27 Bn |
| 7 | Array Digital Infrastructure | 2.92 Bn | 1.81 Bn | 30.57 Mn | 3.37 Bn |
| 8 | IHS Holding | 2.80 Bn | -57.74 Mn | 207.10 Mn | 4.36 Bn |
| 9 | Fermi | 2.69 Bn | 1.82 Bn | - | 1.76 Bn |
| 10 | Clear Channel Outdoor Holdings | 1.20 Bn | 488.27 Mn | 241.86 Mn | 3.76 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.37 Bn |
| Mar 31, 2026 | 3.96 Bn |
| Dec 31, 2025 | 4.68 Bn |
| Sep 30, 2025 | 4.92 Bn |
| Jun 30, 2025 | 10.38 Bn |
| Mar 31, 2025 | 10.37 Bn |
| Dec 31, 2024 | 10.45 Bn |
| Sep 30, 2024 | 10.52 Bn |
| Jun 30, 2024 | 10.64 Bn |
| Mar 31, 2024 | 10.70 Bn |
| Dec 31, 2023 | 10.75 Bn |
| Sep 30, 2023 | 10.75 Bn |
| Jun 30, 2023 | 10.89 Bn |
| Mar 31, 2023 | 11.00 Bn |
| Dec 31, 2022 | 11.12 Bn |
| Sep 30, 2022 | 11.06 Bn |
| Jun 30, 2022 | 11.00 Bn |
| Mar 31, 2022 | 10.88 Bn |
| Dec 31, 2021 | 10.34 Bn |
| Sep 30, 2021 | 10.14 Bn |
API Access
Array Digital Infrastructure Assets API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=assets&ticker=AD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "assets", "ticker": "AD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=assets&ticker=AD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();