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

Array Digital Infrastructure (AD) reported Operating Expenses of -$108.8 million for Q1 2026, down 292.14% on a YoY basis from $56.6 million in Q1 2025, and down 310.26% sequentially from $51.7 million in Q4 2025.

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

Array Digital Infrastructure (AD) has 18 years of Operating Expenses data on file, last reported at -$108.8 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses fell 292.14% year-over-year to -$108.8 million; the trailing twelve-month figure through Mar 2026 stood at $924.4 million (down 22.24% YoY), and the FY2025 full-year result was $255.5 million, down 29.67% from the prior year.
  • Operating Expenses slipped to -$108.8 million in Q1 2026, 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.
  • A 5-year average of $430.9 million and a median of $891.0 million in 2024 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses slumped 339.43% in 2023 and surged 102.14% in 2024, its largest moves.
  • Tracing AD's Operating Expenses over 5 years: stood at $1.1 billion in 2022, then slumped by 339.43% to -$2.6 billion in 2023, then jumped by 102.14% to $55.2 million in 2024, then retreated by 6.29% to $51.7 million in 2025, then slumped by 310.26% to -$108.8 million in 2026.
  • Business Quant data shows AD's Operating Expenses at -$108.8 million in Q1 2026, $51.7 million in Q4 2025, and $100.4 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 America Movil Sab De Cv 1,543.97 Bn 1,543.97 Bn 7.08 Bn 8.32 Bn
2 Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk 1,427.96 Bn -8,564.04 Bn - -
3 Grupo Televisa, S.A.B 958.85 Bn 957.15 Bn 317.18 Mn -114.72 Mn
4 Chunghwa Telecom 334.17 Bn 331.99 Bn 719.92 Mn 305.28 Mn
5 Verizon Communications 198.41 Bn 190.05 Bn 29.14 Bn 26.20 Bn
6 T-Mobile US 192.12 Bn 189.29 Bn 17.74 Bn 17.30 Bn
7 At&T 169.04 Bn 151.47 Bn 25.25 Bn 24.52 Bn
8 Veon 90.84 Bn 90.84 Bn - -683.00 Mn
9 Tim 50.18 Bn 50.03 Bn 677.20 Mn -389.44 Mn
10 Array Digital Infrastructure 3.01 Bn 2.76 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