Array Digital Infrastructure (AD) Goodwill & Intangibles (2009 - 2026)
Array Digital Infrastructure's Goodwill & Intangibles came in at $1.59 billion for Q2 2026, down 65.2% from $4.58 billion a year earlier and down 2.9% from the prior quarter.
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Analysis
Array Digital Infrastructure (AD) Goodwill & Intangibles (2009 - 2026) Analysis & Trends
At the end of FY2025, Array Digital Infrastructure's Goodwill & Intangibles was $1.64 billion, down 50.0% from FY2024.
- Goodwill & Intangibles carries a five-year compound annual growth rate of -9.0% (FY2020 to FY2025).
- Going back by year, Goodwill & Intangibles was $3.28 billion in FY2024 (-30.1%), $4.69 billion in FY2023 (+0.1%), $4.69 billion in FY2022 (+14.7%) and $4.09 billion in FY2021 (+55.5%).
- The Q2 2026 figure represents the lowest quarterly Goodwill & Intangibles since Q1 2010.
- Year-over-year, Goodwill & Intangibles has declined for eight consecutive quarters, with an average decline of 35.2% over the last eight quarters.
- The fastest year-over-year change in Goodwill & Intangibles over five years came in Q3 2021 (growth of 56.1%), and the weakest in Q2 2026 (a decline of 65.2%).
- Business Quant data shows AD's Goodwill & Intangibles at $1.64 billion (Q1 2026), $1.64 billion (Q4 2025) and $1.65 billion (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | American Tower | 75.07 Bn | 74.81 Bn | 2.72 Bn |
| 2 | Digital Realty Trust | 65.30 Bn | 55.82 Bn | - |
| 3 | Crown Castle | 28.16 Bn | 26.91 Bn | 989.00 Mn |
| 4 | Sba Communications | 16.76 Bn | 16.85 Bn | 539.27 Mn |
| 5 | Lamar Advertising | 12.49 Bn | 12.31 Bn | 422.53 Mn |
| 6 | OUTFRONT Media | 4.94 Bn | 4.70 Bn | 276.40 Mn |
| 7 | Array Digital Infrastructure | 2.95 Bn | 1.85 Bn | 30.57 Mn |
| 8 | IHS Holding | 2.80 Bn | -64.45 Mn | 207.10 Mn |
| 9 | Fermi | 2.58 Bn | 1.72 Bn | - |
| 10 | Clear Channel Outdoor Holdings | 1.22 Bn | 508.64 Mn | 241.86 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.59 Bn |
| Mar 31, 2026 | 1.64 Bn |
| Dec 31, 2025 | 1.64 Bn |
| Sep 30, 2025 | 1.65 Bn |
| Jun 30, 2025 | 4.58 Bn |
| Mar 31, 2025 | 4.58 Bn |
| Dec 31, 2024 | 3.28 Bn |
| Sep 30, 2024 | 4.58 Bn |
| Jun 30, 2024 | 4.72 Bn |
| Mar 31, 2024 | 4.71 Bn |
| Dec 31, 2023 | 4.69 Bn |
| Sep 30, 2023 | 4.69 Bn |
| Jun 30, 2023 | 4.69 Bn |
| Mar 31, 2023 | 4.69 Bn |
| Dec 31, 2022 | 4.69 Bn |
| Sep 30, 2022 | 4.68 Bn |
| Jun 30, 2022 | 4.68 Bn |
| Mar 31, 2022 | 4.68 Bn |
| Dec 31, 2021 | 4.09 Bn |
| Sep 30, 2021 | 4.10 Bn |
API Access
Array Digital Infrastructure Goodwill & Intangibles 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=goodwill-and-intangibles&ticker=AD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "goodwill-and-intangibles", "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=goodwill-and-intangibles&ticker=AD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();