Array Digital Infrastructure (AD) Total Liabilities (2009 - 2026)
Array Digital Infrastructure (AD) posted Total Liabilities of $2.1 billion for Q2 2026, down 63.6% from $5.76 billion a year earlier and unchanged from the prior quarter.
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Analysis
Array Digital Infrastructure (AD) Total Liabilities (2009 - 2026) Analysis & Trends
Since Q4 2009, Array Digital Infrastructure has reported Total Liabilities for 66 quarters.
- Annual Total Liabilities has declined for three consecutive years, with a five-year compound annual growth rate of -16.7% (FY2020 to FY2025).
- In prior years, Array Digital Infrastructure's Total Liabilities was $5.86 billion in FY2024 (-4.1%), $6.11 billion in FY2023 (-6.7%), $6.55 billion in FY2022 (+13.3%) and $5.78 billion in FY2021 (+10.0%).
- The Q2 2026 figure stands as the lowest quarterly Total Liabilities in data going back to Q4 2009.
- On a year-over-year basis, Total Liabilities has declined in each of the last 13 quarters, with an average decline of 33.3% over the last eight quarters.
- The strongest year-over-year quarter for Total Liabilities in the past five years was Q2 2022, with growth of 18.1%; the weakest was Q4 2025, with a decline of 64.1%.
- According to Business Quant data, Total Liabilities for the three prior quarters was $2.1 billion (Q1 2026), $2.1 billion (Q4 2025) and $2.38 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Liabilities (Qtr) |
|---|---|---|---|---|---|
| 1 | American Tower | 76.26 Bn | 75.99 Bn | 2.72 Bn | 53.05 Bn |
| 2 | Digital Realty Trust | 64.98 Bn | 55.50 Bn | - | 26.54 Bn |
| 3 | Crown Castle | 28.39 Bn | 27.14 Bn | 989.00 Mn | 24.78 Bn |
| 4 | Sba Communications | 16.99 Bn | 17.07 Bn | 539.27 Mn | 16.37 Bn |
| 5 | Lamar Advertising | 12.56 Bn | 12.38 Bn | 422.53 Mn | 6.00 Bn |
| 6 | OUTFRONT Media | 4.89 Bn | 4.65 Bn | 276.40 Mn | 4.58 Bn |
| 7 | Array Digital Infrastructure | 2.92 Bn | 1.81 Bn | 30.57 Mn | 2.10 Bn |
| 8 | IHS Holding | 2.80 Bn | -57.74 Mn | 207.10 Mn | 4.54 Bn |
| 9 | Fermi | 2.69 Bn | 1.82 Bn | - | 731.48 Mn |
| 10 | Clear Channel Outdoor Holdings | 1.20 Bn | 488.27 Mn | 241.86 Mn | 7.22 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.10 Bn |
| Mar 31, 2026 | 2.10 Bn |
| Dec 31, 2025 | 2.10 Bn |
| Sep 30, 2025 | 2.38 Bn |
| Jun 30, 2025 | 5.76 Bn |
| Mar 31, 2025 | 5.77 Bn |
| Dec 31, 2024 | 5.86 Bn |
| Sep 30, 2024 | 5.92 Bn |
| Jun 30, 2024 | 5.95 Bn |
| Mar 31, 2024 | 6.03 Bn |
| Dec 31, 2023 | 6.11 Bn |
| Sep 30, 2023 | 6.13 Bn |
| Jun 30, 2023 | 6.30 Bn |
| Mar 31, 2023 | 6.41 Bn |
| Dec 31, 2022 | 6.55 Bn |
| Sep 30, 2022 | 6.45 Bn |
| Jun 30, 2022 | 6.38 Bn |
| Mar 31, 2022 | 6.27 Bn |
| Dec 31, 2021 | 5.78 Bn |
| Sep 30, 2021 | 5.61 Bn |
API Access
Array Digital Infrastructure Total Liabilities 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-liabilities&ticker=AD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-liabilities", "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-liabilities&ticker=AD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();