Array Digital Infrastructure (AD) EBITDA (2009 - 2026)
Array Digital Infrastructure's EBITDA was $413.69 million in Q2 2026, compared with -$6.19 million a year earlier and up 138.6% from the prior quarter.
Array Digital Infrastructure (AD) EBITDA (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Array Digital Infrastructure's EBITDA was $566.63 million through Jun 30, 2026; for FY2025, it was -$44.27 million.
- In earlier years, EBITDA was -$213.12 million in FY2024, -$62.24 million in FY2023, $769 million in FY2022 (-9.3%) and $848 million in FY2021 (-0.9%).
- The Q2 2026 figure marks the highest quarterly EBITDA since Q2 2013.
- The best year-over-year quarter for EBITDA over five years was Q3 2023 (growth of 33.3%); the worst was Q3 2022 (a decline of 21.0%).
- Per Business Quant data, AD's EBITDA in the three quarters before Q2 2026 was $173.39 million (Q1 2026), $21 million (Q4 2025) and -$41.45 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | American Tower | 76.26 Bn | 75.99 Bn | 2.72 Bn | 1.78 Bn |
| 2 | Digital Realty Trust | 64.98 Bn | 55.50 Bn | - | 974.35 Mn |
| 3 | Crown Castle | 28.39 Bn | 27.14 Bn | 989.00 Mn | 641.00 Mn |
| 4 | Sba Communications | 16.99 Bn | 17.07 Bn | 539.27 Mn | 433.23 Mn |
| 5 | Lamar Advertising | 12.56 Bn | 12.38 Bn | 422.53 Mn | 292.41 Mn |
| 6 | OUTFRONT Media | 4.89 Bn | 4.65 Bn | 276.40 Mn | 153.10 Mn |
| 7 | Array Digital Infrastructure | 2.92 Bn | 1.81 Bn | 30.57 Mn | 413.69 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 | 130.30 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 413.69 Mn |
| Mar 31, 2026 | 173.39 Mn |
| Dec 31, 2025 | 21.00 Mn |
| Sep 30, 2025 | -41.45 Mn |
| Jun 30, 2025 | -6.19 Mn |
| Mar 31, 2025 | -17.63 Mn |
| Dec 31, 2024 | -16.97 Mn |
| Sep 30, 2024 | -147.93 Mn |
| Jun 30, 2024 | 201.00 Mn |
| Mar 31, 2024 | 216.00 Mn |
| Dec 31, 2023 | -669.24 Mn |
| Sep 30, 2023 | 216.00 Mn |
| Jun 30, 2023 | 195.00 Mn |
| Mar 31, 2023 | 196.00 Mn |
| Dec 31, 2022 | 153.00 Mn |
| Sep 30, 2022 | 162.00 Mn |
| Jun 30, 2022 | 212.00 Mn |
| Mar 31, 2022 | 242.00 Mn |
| Dec 31, 2021 | 173.00 Mn |
| Sep 30, 2021 | 205.00 Mn |
Array Digital Infrastructure EBITDA 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=ebitda&ticker=AD&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda", "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=ebitda&ticker=AD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();