Array Digital Infrastructure (AD) Receivables - Net (2009 - 2026)
Array Digital Infrastructure (AD) recorded Receivables - Net of $1.3 million in Q2 2026, down 99.8% from $861 million a year earlier and down 29.3% from the prior quarter.
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Analysis
Array Digital Infrastructure (AD) Receivables - Net (2009 - 2026) Analysis & Trends
At the end of FY2025, Array Digital Infrastructure reported Receivables - Net of $1.45 million, down 99.8% from FY2024.
- Annual Receivables - Net has a five-year compound annual growth rate of -72.5% (FY2020 to FY2025).
- Across earlier years, Receivables - Net came in at $905 million in FY2024 (+0.6%), $900 million in FY2023 (-8.6%), $985 million in FY2022 (+0.9%) and $976 million in FY2021 (+6.7%).
- Quarterly Receivables - Net has ranged from $936,000 in Q3 2025 to $987 million in Q3 2022 over the past five years.
- On a year-over-year basis, Receivables - Net has declined for six consecutive quarters, with an average decline of 50.7% over the last eight quarters.
- Peak year-over-year performance for Receivables - Net in the last five years was growth of 8.5% in Q3 2022, against a decline of 99.9% in Q3 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $1.84 million (Q1 2026), $1.45 million (Q4 2025) and $936,000 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | American Tower | 76.26 Bn | 75.99 Bn | 2.72 Bn |
| 2 | Digital Realty Trust | 64.98 Bn | 55.50 Bn | - |
| 3 | Crown Castle | 28.39 Bn | 27.14 Bn | 989.00 Mn |
| 4 | Sba Communications | 16.99 Bn | 17.07 Bn | 539.27 Mn |
| 5 | Lamar Advertising | 12.56 Bn | 12.38 Bn | 422.53 Mn |
| 6 | OUTFRONT Media | 4.89 Bn | 4.65 Bn | 276.40 Mn |
| 7 | Array Digital Infrastructure | 2.92 Bn | 1.81 Bn | 30.57 Mn |
| 8 | IHS Holding | 2.80 Bn | -57.74 Mn | 207.10 Mn |
| 9 | Fermi | 2.69 Bn | 1.82 Bn | - |
| 10 | Clear Channel Outdoor Holdings | 1.20 Bn | 488.27 Mn | 241.86 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.30 Mn |
| Mar 31, 2026 | 1.84 Mn |
| Dec 31, 2025 | 1.45 Mn |
| Sep 30, 2025 | 936,000.00 |
| Jun 30, 2025 | 861.00 Mn |
| Mar 31, 2025 | 863.00 Mn |
| Dec 31, 2024 | 905.00 Mn |
| Sep 30, 2024 | 871.00 Mn |
| Jun 30, 2024 | 891.00 Mn |
| Mar 31, 2024 | 877.00 Mn |
| Dec 31, 2023 | 900.00 Mn |
| Sep 30, 2023 | 890.00 Mn |
| Jun 30, 2023 | 917.00 Mn |
| Mar 31, 2023 | 940.00 Mn |
| Dec 31, 2022 | 985.00 Mn |
| Sep 30, 2022 | 987.00 Mn |
| Jun 30, 2022 | 968.00 Mn |
| Mar 31, 2022 | 964.00 Mn |
| Dec 31, 2021 | 976.00 Mn |
| Sep 30, 2021 | 910.00 Mn |
API Access
Array Digital Infrastructure Receivables - Net 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=receivables-net&ticker=AD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "receivables-net", "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=receivables-net&ticker=AD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();