Array Digital Infrastructure (AD) Non-Current Debt (2009 - 2026)
Array Digital Infrastructure (AD) posted Non-Current Debt of $666.76 million for Q2 2026, down 76.3% from $2.82 billion a year earlier and down 0.3% from the prior quarter.
Array Digital Infrastructure (AD) Non-Current Debt (2009 - 2026) Analysis & Trends
At the end of FY2025, Array Digital Infrastructure's Non-Current Debt came in at $670.26 million, down 44.2% from FY2024.
- Annual Non-Current Debt has declined for three consecutive years, with a five-year compound annual growth rate of -23.1% (FY2020 to FY2025).
- In prior years, Array Digital Infrastructure's Non-Current Debt was $1.2 billion in FY2024 (-60.5%), $3.04 billion in FY2023 (-4.5%), $3.19 billion in FY2022 (+16.8%) and $2.73 billion in FY2021 (+9.6%).
- The Q2 2026 figure stands as the lowest quarterly Non-Current Debt in data going back to Q4 2009.
- On a year-over-year basis, Non-Current Debt has declined in each of the last 13 quarters, with an average decline of 43.0% over the last eight quarters.
- The strongest year-over-year quarter for Non-Current Debt in the past five years was Q3 2021, with growth of 23.5%; the weakest was Q3 2025, with a decline of 76.7%.
- According to Business Quant data, Non-Current Debt for the three prior quarters was $668.5 million (Q1 2026), $670.26 million (Q4 2025) and $671.9 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | American Tower | 76.26 Bn | 75.99 Bn | 2.72 Bn | 31.96 Bn |
| 2 | Digital Realty Trust | 64.98 Bn | 55.50 Bn | - | 15.91 Bn |
| 3 | Crown Castle | 28.39 Bn | 27.14 Bn | 989.00 Mn | 15.98 Bn |
| 4 | Sba Communications | 16.99 Bn | 17.07 Bn | 539.27 Mn | 9.15 Bn |
| 5 | Lamar Advertising | 12.56 Bn | 12.38 Bn | 422.53 Mn | 3.26 Bn |
| 6 | OUTFRONT Media | 4.89 Bn | 4.65 Bn | 276.40 Mn | 2.43 Bn |
| 7 | Array Digital Infrastructure | 2.92 Bn | 1.81 Bn | 30.57 Mn | 666.76 Mn |
| 8 | IHS Holding | 2.80 Bn | -57.74 Mn | 207.10 Mn | 2.79 Bn |
| 9 | Fermi | 2.69 Bn | 1.82 Bn | - | - |
| 10 | Clear Channel Outdoor Holdings | 1.20 Bn | 488.27 Mn | 241.86 Mn | 5.11 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 666.76 Mn |
| Mar 31, 2026 | 668.50 Mn |
| Dec 31, 2025 | 670.26 Mn |
| Sep 30, 2025 | 671.90 Mn |
| Jun 30, 2025 | 2.82 Bn |
| Mar 31, 2025 | 2.83 Bn |
| Dec 31, 2024 | 1.20 Bn |
| Sep 30, 2024 | 2.88 Bn |
| Jun 30, 2024 | 2.89 Bn |
| Mar 31, 2024 | 3.03 Bn |
| Dec 31, 2023 | 3.04 Bn |
| Sep 30, 2023 | 2.90 Bn |
| Jun 30, 2023 | 3.11 Bn |
| Mar 31, 2023 | 3.30 Bn |
| Dec 31, 2022 | 3.19 Bn |
| Sep 30, 2022 | 3.12 Bn |
| Jun 30, 2022 | 3.12 Bn |
| Mar 31, 2022 | 3.22 Bn |
| Dec 31, 2021 | 2.73 Bn |
| Sep 30, 2021 | 2.60 Bn |
Array Digital Infrastructure Non-Current Debt 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=non-current-debt&ticker=AD&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-current-debt", "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=non-current-debt&ticker=AD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();