Array Digital Infrastructure (AD) Total Debt (2009 - 2026)
Array Digital Infrastructure (AD) posted Total Debt of $674.88 million for Q2 2026, down 76.3% from $2.85 billion a year earlier and unchanged from the prior quarter.
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Analysis
Array Digital Infrastructure (AD) Total Debt (2009 - 2026) Analysis & Trends
At the end of FY2025, Array Digital Infrastructure's Total Debt came in at $674.32 million, down 44.9% from FY2024.
- Annual Total Debt has declined for three consecutive years, with a five-year compound annual growth rate of -23.0% (FY2020 to FY2025).
- In prior years, Array Digital Infrastructure's Total Debt was $1.22 billion in FY2024 (-60.1%), $3.06 billion in FY2023 (-4.3%), $3.2 billion in FY2022 (+17.2%) and $2.73 billion in FY2021 (+9.6%).
- Quarterly Total Debt has run from a low of $673.93 million in Q3 2025 to a high of $3.31 billion in Q1 2023 over five years.
- On a year-over-year basis, Total Debt has declined in each of the last 12 quarters, with an average decline of 42.9% over the last eight quarters.
- The strongest year-over-year quarter for Total Debt in the past five years was Q3 2021, with growth of 23.6%; the weakest was Q3 2025, with a decline of 76.8%.
- According to Business Quant data, Total Debt for the three prior quarters was $674.59 million (Q1 2026), $674.32 million (Q4 2025) and $673.93 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | American Tower | 76.26 Bn | 75.99 Bn | 2.72 Bn | 37.19 Bn |
| 2 | Digital Realty Trust | 64.98 Bn | 55.50 Bn | - | 15.91 Bn |
| 3 | Crown Castle | 28.39 Bn | 27.14 Bn | 989.00 Mn | 18.24 Bn |
| 4 | Sba Communications | 16.99 Bn | 17.07 Bn | 539.27 Mn | 12.73 Bn |
| 5 | Lamar Advertising | 12.56 Bn | 12.38 Bn | 422.53 Mn | 3.51 Bn |
| 6 | OUTFRONT Media | 4.89 Bn | 4.65 Bn | 276.40 Mn | 2.53 Bn |
| 7 | Array Digital Infrastructure | 2.92 Bn | 1.81 Bn | 30.57 Mn | 674.88 Mn |
| 8 | IHS Holding | 2.80 Bn | -57.74 Mn | 207.10 Mn | 3.11 Bn |
| 9 | Fermi | 2.69 Bn | 1.82 Bn | - | 520.09 Mn |
| 10 | Clear Channel Outdoor Holdings | 1.20 Bn | 488.27 Mn | 241.86 Mn | 5.11 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 674.88 Mn |
| Mar 31, 2026 | 674.59 Mn |
| Dec 31, 2025 | 674.32 Mn |
| Sep 30, 2025 | 673.93 Mn |
| Jun 30, 2025 | 2.85 Bn |
| Mar 31, 2025 | 2.86 Bn |
| Dec 31, 2024 | 1.22 Bn |
| Sep 30, 2024 | 2.90 Bn |
| Jun 30, 2024 | 2.91 Bn |
| Mar 31, 2024 | 3.05 Bn |
| Dec 31, 2023 | 3.06 Bn |
| Sep 30, 2023 | 2.92 Bn |
| Jun 30, 2023 | 3.16 Bn |
| Mar 31, 2023 | 3.31 Bn |
| Dec 31, 2022 | 3.20 Bn |
| Sep 30, 2022 | 3.13 Bn |
| Jun 30, 2022 | 3.13 Bn |
| Mar 31, 2022 | 3.23 Bn |
| Dec 31, 2021 | 2.73 Bn |
| Sep 30, 2021 | 2.61 Bn |
API Access
Array Digital Infrastructure Total Debt 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=total-debt&ticker=AD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-debt", "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=total-debt&ticker=AD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();