Array Digital Infrastructure (AD) Payables (2009 - 2026)
Array Digital Infrastructure (AD) posted Payables of $36.49 million for Q2 2026, down 82.1% from $204 million a year earlier but up 39.7% from the prior quarter.
Array Digital Infrastructure (AD) Payables (2009 - 2026) Analysis & Trends
At the end of FY2025, Array Digital Infrastructure's Payables came in at $27.89 million, up 4.3% from FY2024.
- Annual Payables shows a five-year compound annual growth rate of -40.6% (FY2020 to FY2025).
- In prior years, Array Digital Infrastructure's Payables was $26.73 million in FY2024 (-88.9%), $241 million in FY2023 (-29.9%), $344 million in FY2022 (-0.6%) and $346 million in FY2021 (-8.2%).
- Quarterly Payables has run from a low of $26.12 million in Q1 2026 to a high of $406 million in Q3 2023 over five years.
- On a year-over-year basis, Payables increased in 1 of the last eight quarters, with an average decline of 49.9%.
- The strongest year-over-year quarter for Payables in the past five years was Q3 2023, with growth of 19.4%; the weakest was Q4 2024, with a decline of 88.9%.
- According to Business Quant data, Payables for the three prior quarters was $26.12 million (Q1 2026), $27.89 million (Q4 2025) and $58.46 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | American Tower | 76.26 Bn | 75.99 Bn | 2.72 Bn | 1.06 Bn |
| 2 | Digital Realty Trust | 64.98 Bn | 55.50 Bn | - | 3.24 Bn |
| 3 | Crown Castle | 28.39 Bn | 27.14 Bn | 989.00 Mn | 90.00 Mn |
| 4 | Sba Communications | 16.99 Bn | 17.07 Bn | 539.27 Mn | 70.06 Mn |
| 5 | Lamar Advertising | 12.56 Bn | 12.38 Bn | 422.53 Mn | 16.87 Mn |
| 6 | OUTFRONT Media | 4.89 Bn | 4.65 Bn | 276.40 Mn | 136.00 Mn |
| 7 | Array Digital Infrastructure | 2.92 Bn | 1.81 Bn | 30.57 Mn | 36.49 Mn |
| 8 | IHS Holding | 2.80 Bn | -57.74 Mn | 207.10 Mn | 455.70 Mn |
| 9 | Fermi | 2.69 Bn | 1.82 Bn | - | 149.69 Mn |
| 10 | Clear Channel Outdoor Holdings | 1.20 Bn | 488.27 Mn | 241.86 Mn | 37.22 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 36.49 Mn |
| Mar 31, 2026 | 26.12 Mn |
| Dec 31, 2025 | 27.89 Mn |
| Sep 30, 2025 | 58.46 Mn |
| Jun 30, 2025 | 204.00 Mn |
| Mar 31, 2025 | 198.00 Mn |
| Dec 31, 2024 | 26.73 Mn |
| Sep 30, 2024 | 266.00 Mn |
| Jun 30, 2024 | 261.00 Mn |
| Mar 31, 2024 | 224.00 Mn |
| Dec 31, 2023 | 241.00 Mn |
| Sep 30, 2023 | 406.00 Mn |
| Jun 30, 2023 | 240.00 Mn |
| Mar 31, 2023 | 206.00 Mn |
| Dec 31, 2022 | 344.00 Mn |
| Sep 30, 2022 | 340.00 Mn |
| Jun 30, 2022 | 314.00 Mn |
| Mar 31, 2022 | 272.00 Mn |
| Dec 31, 2021 | 346.00 Mn |
| Sep 30, 2021 | 364.00 Mn |
Array Digital Infrastructure Payables 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=payables&ticker=AD&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payables", "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=payables&ticker=AD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();