Array Digital Infrastructure (AD) Operating Expenses (2009 - 2026)

Array Digital Infrastructure's (AD) quarterly Operating Expenses came in at -$108.8 million in Q1 2026, down 292.14% year-on-year from $56.6 million in Q1 2025, and down 310.26% quarter-over-quarter from $51.7 million in Q4 2025.

Array Digital Infrastructure (AD) Operating Expenses (2009 - 2026) Analysis & Trends

Array Digital Infrastructure has disclosed Operating Expenses across 18 years of filings, most recently posting -$108.8 million for Q1 2026.

  • Operating Expenses for Q1 2026 came in at -$108.8 million, down 292.14% year-over-year; the trailing twelve-month figure through Mar 2026 was $924.4 million (down 22.24% YoY), and the FY2025 annual result was $255.5 million, down 29.67% from the prior year.
  • Operating Expenses came in at -$108.8 million for Q1 2026 at Array Digital Infrastructure, down from $51.7 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $1.1 billion in Q3 2022 to a low of -$2.6 billion in Q4 2023.
  • The 5-year median for Operating Expenses is $891.0 million (2024), against an average of $430.9 million.
  • Across the five-year window, Operating Expenses plunged 339.43% in 2023 and surged 102.14% in 2024, its largest moves.
  • Array Digital Infrastructure's Operating Expenses stood at $1.1 billion in 2022, then sank by 339.43% to -$2.6 billion in 2023, then surged by 102.14% to $55.2 million in 2024, then decreased by 6.29% to $51.7 million in 2025, then sank by 310.26% to -$108.8 million in 2026.
  • The last three Operating Expenses figures came in at -$108.8 million (Q1 2026), $51.7 million (Q4 2025), and $100.4 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Bce 382.57 Bn 381.58 Bn - -2.58 Bn
2 T-Mobile US 195.94 Bn 192.42 Bn 17.62 Bn 18.61 Bn
3 Verizon Communications 190.78 Bn 183.73 Bn 27.94 Bn 26.20 Bn
4 At&T 159.64 Bn 149.68 Bn 25.25 Bn 24.85 Bn
5 Telefonica Brasil 146.21 Bn 144.47 Bn 1.32 Bn -191.29 Mn
6 America Movil Sab De Cv 128.31 Bn 126.27 Bn 10.13 Bn 8.11 Bn
7 Chunghwa Telecom 109.39 Bn 107.21 Bn 719.92 Mn 305.28 Mn
8 Millicom International Cellular 106.22 Bn 104.67 Bn - -650.00 Mn
9 Veon 82.81 Bn 80.59 Bn - -533.00 Mn
10 Array Digital Infrastructure 4.36 Bn 4.11 Bn 30.40 Mn -108.77 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -108.77 Mn
Dec 31, 2025 51.73 Mn
Sep 30, 2025 100.43 Mn
Jun 30, 2025 881.00 Mn
Mar 31, 2025 56.61 Mn
Dec 31, 2024 55.21 Mn
Sep 30, 2024 185.91 Mn
Jun 30, 2024 891.00 Mn
Mar 31, 2024 899.00 Mn
Dec 31, 2023 -2.58 Bn
Sep 30, 2023 906.00 Mn
Jun 30, 2023 923.00 Mn
Mar 31, 2023 960.00 Mn
Dec 31, 2022 1.08 Bn
Sep 30, 2022 1.10 Bn
Jun 30, 2022 987.00 Mn
Mar 31, 2022 939.00 Mn
Dec 31, 2021 1.06 Bn
Sep 30, 2021 971.00 Mn
Jun 30, 2021 978.00 Mn