Array Digital Infrastructure (AD) Tax Rate (2009 - 2026)
Array Digital Infrastructure's Tax Rate came in at 25.56% for Q2 2026, down 10.23 percentage points from 35.79% a year earlier but up 3.02 percentage points from the prior quarter.
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Analysis
Array Digital Infrastructure (AD) Tax Rate (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Array Digital Infrastructure reported Tax Rate of 16.15%, down 5.49 percentage points year-over-year; for FY2025, it was -22.07%, down 41.38 percentage points from FY2024.
- Tax Rate carries a five-year change of -28.87 percentage points (FY2020 to FY2025).
- Going back by year, Tax Rate was 19.31% in FY2024 (-60.37 pp), 79.68% in FY2023 (+28.29 pp), 51.39% in FY2022 (+40.28 pp) and 11.11% in FY2021 (+4.31 pp).
- The five-year range for quarterly Tax Rate is -132.79% (Q3 2025) to 79.17% (Q2 2023).
- Year-over-year, Tax Rate increased in two of the last eight quarters, with an average year-over-year change of -30.06 percentage points.
- The fastest year-over-year change in Tax Rate over five years came in Q4 2022 (a gain of 89.71 percentage points), and the weakest in Q3 2025 (a drop of 151.51 percentage points).
- Business Quant data shows AD's Tax Rate at 22.54% (Q1 2026), 35.84% (Q4 2025) and -132.79% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | American Tower | 78.00 Bn | 77.74 Bn | 2.72 Bn | 12.07% |
| 2 | Digital Realty Trust | 65.33 Bn | 55.85 Bn | - | 9.53% |
| 3 | Crown Castle | 28.57 Bn | 27.31 Bn | 989.00 Mn | 1.32% |
| 4 | Sba Communications | 17.27 Bn | 17.36 Bn | 539.27 Mn | 15.48% |
| 5 | Lamar Advertising | 12.72 Bn | 12.54 Bn | 422.53 Mn | 1.64% |
| 6 | OUTFRONT Media | 4.93 Bn | 4.69 Bn | 276.40 Mn | 1.15% |
| 7 | Array Digital Infrastructure | 2.93 Bn | 1.83 Bn | 30.57 Mn | 25.56% |
| 8 | IHS Holding | 2.81 Bn | -54.39 Mn | 207.10 Mn | - |
| 9 | Fermi | 2.73 Bn | 1.87 Bn | - | - |
| 10 | Clear Channel Outdoor Holdings | 1.19 Bn | 478.09 Mn | 241.86 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 25.56% |
| Mar 31, 2026 | 22.54% |
| Dec 31, 2025 | 35.84% |
| Jun 30, 2025 | 35.79% |
| Jun 30, 2024 | 43.75% |
| Mar 31, 2024 | 53.85% |
| Sep 30, 2023 | 54.00% |
| Jun 30, 2023 | 79.17% |
| Mar 31, 2023 | 44.00% |
| Jun 30, 2022 | 45.00% |
| Mar 31, 2022 | 38.10% |
| Sep 30, 2021 | 28.57% |
| Mar 31, 2021 | 30.34% |
| Dec 31, 2020 | 50.00% |
| Sep 30, 2020 | 4.49% |
| Jun 30, 2020 | 5.48% |
| Mar 31, 2020 | 5.26% |
| Sep 30, 2019 | 38.46% |
| Jun 30, 2019 | 30.43% |
| Mar 31, 2019 | 31.76% |
API Access
Array Digital Infrastructure Tax Rate 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=tax-rate&ticker=AD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=AD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();