Array Digital Infrastructure (AD) Inventory (2009 - 2025)
Array Digital Infrastructure (AD) posted Inventory of $126 million for Q2 2025, down 11.9% from $143 million a year earlier and down 29.2% from the prior quarter.
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Analysis
Array Digital Infrastructure (AD) Inventory (2009 - 2025) Analysis & Trends
At the end of FY2024, Array Digital Infrastructure's Inventory came in at $179 million, down 10.1% from FY2023.
- Annual Inventory shows a five-year compound annual growth rate of 2.0% (FY2019 to FY2024).
- In prior years, Array Digital Infrastructure's Inventory was $199 million in FY2023 (-23.8%), $261 million in FY2022 (+50.9%), $173 million in FY2021 (+18.5%) and $146 million in FY2020 (-9.9%).
- The Q2 2025 figure stands as the lowest quarterly Inventory since Q3 2018.
- On a year-over-year basis, Inventory increased in 1 of the last eight quarters, with an average decline of 18.1%.
- The strongest year-over-year quarter for Inventory in the past five years was Q3 2022, with growth of 78.7%; the weakest was Q1 2021, with a decline of 34.4%.
- According to Business Quant data, Inventory for the three prior quarters was $178 million (Q1 2025), $179 million (Q4 2024) and $161 million (Q3 2024).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | American Tower | 76.26 Bn | 75.99 Bn | 2.72 Bn | - |
| 2 | Digital Realty Trust | 64.98 Bn | 55.50 Bn | - | - |
| 3 | Crown Castle | 28.39 Bn | 27.14 Bn | 989.00 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 | - |
| 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 | - |
| 8 | IHS Holding | 2.80 Bn | -57.74 Mn | 207.10 Mn | 46.50 Mn |
| 9 | Fermi | 2.69 Bn | 1.82 Bn | - | - |
| 10 | Clear Channel Outdoor Holdings | 1.20 Bn | 488.27 Mn | 241.86 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2025 | 126.00 Mn |
| Mar 31, 2025 | 178.00 Mn |
| Dec 31, 2024 | 179.00 Mn |
| Sep 30, 2024 | 161.00 Mn |
| Jun 30, 2024 | 143.00 Mn |
| Mar 31, 2024 | 175.00 Mn |
| Dec 31, 2023 | 199.00 Mn |
| Sep 30, 2023 | 175.00 Mn |
| Jun 30, 2023 | 210.00 Mn |
| Mar 31, 2023 | 262.00 Mn |
| Dec 31, 2022 | 261.00 Mn |
| Sep 30, 2022 | 243.00 Mn |
| Jun 30, 2022 | 206.00 Mn |
| Mar 31, 2022 | 177.00 Mn |
| Dec 31, 2021 | 173.00 Mn |
| Sep 30, 2021 | 136.00 Mn |
| Jun 30, 2021 | 183.00 Mn |
| Mar 31, 2021 | 139.00 Mn |
| Dec 31, 2020 | 146.00 Mn |
| Sep 30, 2020 | 157.00 Mn |
API Access
Array Digital Infrastructure Inventory 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=inventory&ticker=AD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "inventory", "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=inventory&ticker=AD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();