Array Digital Infrastructure (AD) Interest Expenses (2009 - 2026)
Array Digital Infrastructure's Interest Expenses was $10.86 million in Q2 2026, up 192.6% from $3.71 million a year earlier and up 51.3% from the prior quarter.
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Analysis
Array Digital Infrastructure (AD) Interest Expenses (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Array Digital Infrastructure's Interest Expenses was $38.88 million through Jun 30, 2026, up 162.3% year-over-year; for FY2025, it was $28.22 million, up 127.5% from FY2024.
- Interest Expenses shows a five-year compound annual growth rate of -24.1% (FY2020 to FY2025).
- In earlier years, Interest Expenses was $12.41 million in FY2024 (-15.1%), $14.61 million in FY2023 (-91.0%), $163 million in FY2022 (-6.9%) and $175 million in FY2021 (+56.3%).
- Quarterly Interest Expenses has moved between -$132.39 million (Q4 2023) and $51 million (Q2 2023) over five years.
- Compared with a year earlier, Interest Expenses has increased for four straight quarters, with growth averaging 56.7% over the last seven quarters.
- The best year-over-year quarter for Interest Expenses over five years was Q4 2025 (growth of 274.2%); the worst was Q2 2025 (a decline of 91.8%).
- Per Business Quant data, AD's Interest Expenses in the three quarters before Q2 2026 was $7.18 million (Q1 2026), $11.99 million (Q4 2025) and $8.86 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | American Tower | 76.26 Bn | 75.99 Bn | 2.72 Bn | 354.50 Mn |
| 2 | Digital Realty Trust | 64.98 Bn | 55.50 Bn | - | 113.94 Mn |
| 3 | Crown Castle | 28.39 Bn | 27.14 Bn | 989.00 Mn | 208.00 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 | 41.11 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 | 10.86 Mn |
| 8 | IHS Holding | 2.80 Bn | -57.74 Mn | 207.10 Mn | -105.50 Mn |
| 9 | Fermi | 2.69 Bn | 1.82 Bn | - | -953,000.00 |
| 10 | Clear Channel Outdoor Holdings | 1.20 Bn | 488.27 Mn | 241.86 Mn | 99.03 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 10.86 Mn |
| Mar 31, 2026 | 7.18 Mn |
| Dec 31, 2025 | 11.99 Mn |
| Sep 30, 2025 | 8.86 Mn |
| Jun 30, 2025 | 3.71 Mn |
| Mar 31, 2025 | 3.67 Mn |
| Dec 31, 2024 | 3.20 Mn |
| Sep 30, 2024 | 4.24 Mn |
| Jun 30, 2024 | 45.00 Mn |
| Mar 31, 2024 | 43.00 Mn |
| Dec 31, 2023 | -132.39 Mn |
| Sep 30, 2023 | 50.00 Mn |
| Jun 30, 2023 | 51.00 Mn |
| Mar 31, 2023 | 47.00 Mn |
| Dec 31, 2022 | 48.00 Mn |
| Sep 30, 2022 | 42.00 Mn |
| Jun 30, 2022 | 40.00 Mn |
| Mar 31, 2022 | 33.00 Mn |
| Dec 31, 2021 | 31.00 Mn |
| Sep 30, 2021 | 45.00 Mn |
API Access
Array Digital Infrastructure Interest Expenses 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=interest-expenses&ticker=AD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "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=interest-expenses&ticker=AD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();