Array Digital Infrastructure (AD) EBITDA Margin (2009 - 2026)
Array Digital Infrastructure (AD) recorded EBITDA Margin of 765.10% in Q2 2026, up 786.80 percentage points from -21.70% a year earlier and up 431.74 percentage points from the prior quarter.
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Analysis
Array Digital Infrastructure (AD) EBITDA Margin (2009 - 2026) Analysis & Trends
On a TTM basis, Array Digital Infrastructure's EBITDA Margin came in at 265.37% as of Jun 30, 2026, up 441.18 percentage points year-over-year; for FY2025, it came in at -27.17%, up 179.88 percentage points from FY2024.
- Annual EBITDA Margin has a five-year change of -48.37 percentage points (FY2020 to FY2025).
- Across earlier years, EBITDA Margin came in at -207.05% in FY2024 (-145.10 pp), -61.95% in FY2023 (-80.40 pp), 18.45% in FY2022 (-2.13 pp) and 20.57% in FY2021 (-0.63 pp).
- The Q2 2026 figure is the highest quarterly EBITDA Margin in data going back to Q2 2009.
- On a year-over-year basis, EBITDA Margin has increased for four consecutive quarters, with an average year-over-year change of +149.07 percentage points over the last seven quarters.
- Peak year-over-year performance for EBITDA Margin in the last five years was a gain of 786.80 percentage points in Q2 2026, against a drop of 597.16 percentage points in Q3 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at 333.36% (Q1 2026), 34.81% (Q4 2025) and -87.96% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | American Tower | 76.26 Bn | 75.99 Bn | 2.72 Bn | 64.86% |
| 2 | Digital Realty Trust | 64.98 Bn | 55.50 Bn | - | 50.64% |
| 3 | Crown Castle | 28.39 Bn | 27.14 Bn | 989.00 Mn | 63.59% |
| 4 | Sba Communications | 16.99 Bn | 17.07 Bn | 539.27 Mn | 60.57% |
| 5 | Lamar Advertising | 12.56 Bn | 12.38 Bn | 422.53 Mn | 47.41% |
| 6 | OUTFRONT Media | 4.89 Bn | 4.65 Bn | 276.40 Mn | 29.30% |
| 7 | Array Digital Infrastructure | 2.92 Bn | 1.81 Bn | 30.57 Mn | 765.10% |
| 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 | 29.75% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 765.10% |
| Mar 31, 2026 | 333.36% |
| Dec 31, 2025 | 34.81% |
| Sep 30, 2025 | -87.96% |
| Jun 30, 2025 | -21.70% |
| Mar 31, 2025 | -65.35% |
| Dec 31, 2024 | -65.03% |
| Sep 30, 2024 | -574.73% |
| Jun 30, 2024 | 21.68% |
| Mar 31, 2024 | 22.74% |
| Sep 30, 2023 | 22.43% |
| Jun 30, 2023 | 20.38% |
| Mar 31, 2023 | 19.88% |
| Dec 31, 2022 | 14.59% |
| Sep 30, 2022 | 14.96% |
| Jun 30, 2022 | 20.64% |
| Mar 31, 2022 | 23.96% |
| Dec 31, 2021 | 16.18% |
| Sep 30, 2021 | 20.18% |
| Jun 30, 2021 | 21.30% |
API Access
Array Digital Infrastructure EBITDA Margin 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-margin&ticker=AD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "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-margin&ticker=AD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();