Array Digital Infrastructure (AD) Common Equity (2009 - 2026)
Array Digital Infrastructure (AD) reported Common Equity of $1.27 billion for Q2 2026, down 72.4% from $4.61 billion a year earlier and down 31.8% from the prior quarter.
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Analysis
Array Digital Infrastructure (AD) Common Equity (2009 - 2026) Analysis & Trends
At the end of FY2025, Array Digital Infrastructure posted Common Equity of $2.57 billion, down 43.9% from FY2024.
- Common Equity has a five-year compound annual growth rate of -10.3% (FY2020 to FY2025).
- By year, Common Equity came in at $4.59 billion in FY2024 (-1.1%), $4.64 billion in FY2023 (+1.6%), $4.57 billion in FY2022 (+0.2%) and $4.56 billion in FY2021 (+3.1%).
- The Q2 2026 figure ranks as the lowest quarterly Common Equity in data going back to Q2 2009.
- Year over year, Common Equity has now declined in each of the last eight quarters, with an average decline of 28.2% over the last eight quarters.
- The high point for year-over-year Common Equity in five years was Q4 2021 (growth of 3.1%); the low point was Q2 2026 (a decline of 72.4%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $1.87 billion (Q1 2026), $2.57 billion (Q4 2025) and $2.54 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Common Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | American Tower | 78.34 Bn | 78.08 Bn | 2.72 Bn | 10.25 Bn |
| 2 | Digital Realty Trust | 65.55 Bn | 56.08 Bn | - | 27.98 Bn |
| 3 | Crown Castle | 28.58 Bn | 27.33 Bn | 989.00 Mn | -3.27 Bn |
| 4 | Sba Communications | 17.34 Bn | 17.42 Bn | 539.27 Mn | -4.63 Bn |
| 5 | Lamar Advertising | 12.64 Bn | 12.46 Bn | 422.53 Mn | 995.47 Mn |
| 6 | OUTFRONT Media | 4.92 Bn | 4.68 Bn | 276.40 Mn | 693.30 Mn |
| 7 | Array Digital Infrastructure | 2.89 Bn | 1.79 Bn | 30.57 Mn | 1.27 Bn |
| 8 | IHS Holding | 2.82 Bn | -47.68 Mn | 207.10 Mn | -181.70 Mn |
| 9 | Fermi | 2.72 Bn | 1.86 Bn | - | 1.03 Bn |
| 10 | Clear Channel Outdoor Holdings | 1.20 Bn | 488.27 Mn | 241.86 Mn | -3.46 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.27 Bn |
| Mar 31, 2026 | 1.87 Bn |
| Dec 31, 2025 | 2.57 Bn |
| Sep 30, 2025 | 2.54 Bn |
| Jun 30, 2025 | 4.61 Bn |
| Mar 31, 2025 | 4.60 Bn |
| Dec 31, 2024 | 4.59 Bn |
| Sep 30, 2024 | 4.60 Bn |
| Jun 30, 2024 | 4.69 Bn |
| Mar 31, 2024 | 4.67 Bn |
| Dec 31, 2023 | 4.64 Bn |
| Sep 30, 2023 | 4.62 Bn |
| Jun 30, 2023 | 4.59 Bn |
| Mar 31, 2023 | 4.58 Bn |
| Dec 31, 2022 | 4.57 Bn |
| Sep 30, 2022 | 4.61 Bn |
| Jun 30, 2022 | 4.62 Bn |
| Mar 31, 2022 | 4.61 Bn |
| Dec 31, 2021 | 4.56 Bn |
| Sep 30, 2021 | 4.54 Bn |
API Access
Array Digital Infrastructure Common Equity 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=common-equity&ticker=AD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "common-equity", "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=common-equity&ticker=AD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();