Array Digital Infrastructure (AD) Change in Inventory (2009 - 2025)
Array Digital Infrastructure's Change in Inventory was -$51 million in Q2 2025, compared with -$33 million a year earlier.
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Analysis
Array Digital Infrastructure (AD) Change in Inventory (2009 - 2025) Analysis & Trends
On a trailing twelve-month basis, Array Digital Infrastructure's Change in Inventory was -$16 million through Jun 30, 2025; for FY2024, it came in at -$21 million.
- In earlier years, Change in Inventory was -$62 million in FY2023, $88 million in FY2022 (+225.9%), $27 million in FY2021 and -$16 million in FY2020.
- The Q2 2025 figure marks the lowest quarterly Change in Inventory since Q2 2023.
- Per Business Quant data, AD's Change in Inventory in the three quarters before Q2 2025 was -$1 million (Q1 2025), $17 million (Q4 2024) and $19 million (Q3 2024).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | American Tower | 76.26 Bn | 75.99 Bn | 2.72 Bn | - |
| 2 | Digital Realty Trust | 64.98 Bn | 55.50 Bn | - | - |
| 3 | Crown Castle | 28.39 Bn | 27.14 Bn | 989.00 Mn | - |
| 4 | Sba Communications | 16.99 Bn | 17.07 Bn | 539.27 Mn | - |
| 5 | Lamar Advertising | 12.56 Bn | 12.38 Bn | 422.53 Mn | - |
| 6 | OUTFRONT Media | 4.89 Bn | 4.65 Bn | 276.40 Mn | - |
| 7 | Array Digital Infrastructure | 2.92 Bn | 1.81 Bn | 30.57 Mn | - |
| 8 | IHS Holding | 2.80 Bn | -57.74 Mn | 207.10 Mn | - |
| 9 | Fermi | 2.69 Bn | 1.82 Bn | - | - |
| 10 | Clear Channel Outdoor Holdings | 1.20 Bn | 488.27 Mn | 241.86 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2025 | -51.00 Mn |
| Mar 31, 2025 | -1.00 Mn |
| Dec 31, 2024 | 17.00 Mn |
| Sep 30, 2024 | 19.00 Mn |
| Jun 30, 2024 | -33.00 Mn |
| Mar 31, 2024 | -24.00 Mn |
| Dec 31, 2023 | 24.00 Mn |
| Sep 30, 2023 | -34.00 Mn |
| Jun 30, 2023 | -53.00 Mn |
| Mar 31, 2023 | 1.00 Mn |
| Dec 31, 2022 | 17.00 Mn |
| Sep 30, 2022 | 38.00 Mn |
| Jun 30, 2022 | 29.00 Mn |
| Mar 31, 2022 | 4.00 Mn |
| Dec 31, 2021 | 37.00 Mn |
| Sep 30, 2021 | -47.00 Mn |
| Jun 30, 2021 | 44.00 Mn |
| Mar 31, 2021 | -7.00 Mn |
| Dec 31, 2020 | -11.00 Mn |
| Sep 30, 2020 | 12.00 Mn |
API Access
Array Digital Infrastructure Change in Inventory 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=change-in-inventory&ticker=AD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-inventory", "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=change-in-inventory&ticker=AD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();