Array Digital Infrastructure (AD) Operating Expenses (2009 - 2026)
Array Digital Infrastructure (AD) posted Operating Expenses of -$108.8 million for Q1 2026, down 310.26% sequentially from $51.7 million in Q4 2025, and down 292.14% YoY from $56.6 million in Q1 2025.
Array Digital Infrastructure (AD) Operating Expenses (2009 - 2026) Analysis & Trends
Array Digital Infrastructure has reported Operating Expenses for 18 years, with the latest figure at -$108.8 million in Q1 2026.
- Quarterly Operating Expenses fell 292.14% year-over-year to -$108.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $924.4 million (down 22.24% YoY) and the FY2025 annual result came in at $255.5 million, down 29.67% from the prior year.
- Operating Expenses slipped to -$108.8 million in Q1 2026 per AD's latest filing, from $51.7 million in the prior quarter.
- Over five years, Operating Expenses peaked at $1.1 billion in Q3 2022 and troughed at -$2.6 billion in Q4 2023.
- A 5-year average of $430.9 million and a median of $891.0 million in 2024 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2023 and 2024: Operating Expenses plunged 339.43% in 2023, then jumped 102.14% in 2024.
- Over 5 years, Operating Expenses stood at $1.1 billion in 2022, then sank by 339.43% to -$2.6 billion in 2023, then jumped by 102.14% to $55.2 million in 2024, then dropped by 6.29% to $51.7 million in 2025, then sank by 310.26% to -$108.8 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered -$108.8 million, $51.7 million, and $100.4 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 205.25 Bn | 203.50 Bn | 27.03 Bn | 27.07 Bn |
| 2 | T-Mobile US | 197.22 Bn | 194.40 Bn | 17.74 Bn | 17.30 Bn |
| 3 | Grupo Televisa, S.A.B | 196.86 Bn | 195.15 Bn | 318.12 Mn | -11.74 Mn |
| 4 | At&T | 175.29 Bn | 157.72 Bn | 25.25 Bn | 24.52 Bn |
| 5 | Chunghwa Telecom | 33.61 Bn | 31.03 Bn | 728.80 Mn | 309.31 Mn |
| 6 | EchoStar | 25.24 Bn | 23.74 Bn | 1.65 Bn | 3.06 Bn |
| 7 | Bce | 22.13 Bn | 22.13 Bn | - | 2.51 Bn |
| 8 | Rogers Communications | 19.68 Bn | 18.44 Bn | 1.77 Bn | 152.54 Mn |
| 9 | Telefonica Brasil | 18.43 Bn | 18.43 Bn | 1.32 Bn | -191.29 Mn |
| 10 | Array Digital Infrastructure | 3.08 Bn | 2.67 Bn | 30.57 Mn | -345.19 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -345.19 Mn |
| 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 |