Array Digital Infrastructure (AD) Net Margin (2009 - 2026)
Array Digital Infrastructure's Net Margin came in at 663.39% for Q2 2026, up 552.99 percentage points from 110.40% a year earlier and up 321.56 percentage points from the prior quarter.
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Analysis
Array Digital Infrastructure (AD) Net Margin (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Array Digital Infrastructure reported Net Margin of 250.79%, up 273.95 percentage points year-over-year; for FY2025, it was 29.92%, up 68.20 percentage points from FY2024.
- Net Margin carries a five-year change of +24.25 percentage points (FY2020 to FY2025).
- Going back by year, Net Margin was -38.28% in FY2024 (-92.49 pp), 54.20% in FY2023 (+53.49 pp), 0.72% in FY2022 (-3.04 pp) and 3.76% in FY2021 (-1.91 pp).
- The Q2 2026 figure represents the highest quarterly Net Margin in data going back to Q2 2009.
- Year-over-year, Net Margin has increased for six consecutive quarters, with an average year-over-year change of +137.45 percentage points over the last seven quarters.
- The fastest year-over-year change in Net Margin over five years came in Q2 2026 (a gain of 552.99 percentage points), and the weakest in Q3 2024 (a drop of 309.91 percentage points).
- Business Quant data shows AD's Net Margin at 341.83% (Q1 2026), 62.12% (Q4 2025) and -81.63% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | American Tower | 76.26 Bn | 75.99 Bn | 2.72 Bn | 31.56% |
| 2 | Digital Realty Trust | 64.98 Bn | 55.50 Bn | - | 23.03% |
| 3 | Crown Castle | 28.39 Bn | 27.14 Bn | 989.00 Mn | 9.33% |
| 4 | Sba Communications | 16.99 Bn | 17.07 Bn | 539.27 Mn | 27.79% |
| 5 | Lamar Advertising | 12.56 Bn | 12.38 Bn | 422.53 Mn | 26.05% |
| 6 | OUTFRONT Media | 4.89 Bn | 4.65 Bn | 276.40 Mn | 14.83% |
| 7 | Array Digital Infrastructure | 2.92 Bn | 1.81 Bn | 30.57 Mn | 663.39% |
| 8 | IHS Holding | 2.80 Bn | -57.74 Mn | 207.10 Mn | -2.05% |
| 9 | Fermi | 2.69 Bn | 1.82 Bn | - | - |
| 10 | Clear Channel Outdoor Holdings | 1.20 Bn | 488.27 Mn | 241.86 Mn | -1.22% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 663.39% |
| Mar 31, 2026 | 341.83% |
| Dec 31, 2025 | 62.12% |
| Sep 30, 2025 | -81.63% |
| Jun 30, 2025 | 110.40% |
| Mar 31, 2025 | 67.62% |
| Dec 31, 2024 | 17.43% |
| Sep 30, 2024 | -307.52% |
| Jun 30, 2024 | 1.83% |
| Mar 31, 2024 | 1.89% |
| Sep 30, 2023 | 2.39% |
| Jun 30, 2023 | 0.52% |
| Mar 31, 2023 | 1.32% |
| Dec 31, 2022 | -2.67% |
| Sep 30, 2022 | -1.11% |
| Jun 30, 2022 | 2.04% |
| Mar 31, 2022 | 4.85% |
| Dec 31, 2021 | 2.53% |
| Sep 30, 2021 | 3.35% |
| Jun 30, 2021 | 3.45% |
API Access
Array Digital Infrastructure Net 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=net-margin&ticker=AD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=AD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();