15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2025 | $163M | $69M | 51.2% | -56.8% | $174M | — | $113M |
| 2024 | $103M | -$32M | 29.1% | -252.9% | $864M | — | $144M |
| 2023 | $100M | $58M | 32.4% | -111.7% | $826M | — | $150M |
| 2022 | $4.2B | $35M | 0.0% | 1.7% | $230M | — | $273M |
| 2021 | $4.1B | $160M | 0.0% | 4.1% | $78M | — | $156M |
| 2020 | $4.0B | $229M | 0.0% | 4.3% | $248M | — | $1.3B |
| 2019 | $4.0B | $127M | 0.0% | 2.8% | — | — | $285M |
| 2018 | $4.0B | $150M | 0.0% | 4.0% | — | — | $580M |
| 2017 | $3.9B | $12M | 0.0% | -7.8% | — | — | $352M |
| 2016 | $4.0B | $48M | 0.0% | 1.2% | — | — | $586M |
| 2015 | $4.0B | $241M | 0.0% | 8.6% | — | — | $715M |
| 2014 | $3.9B | -$43M | 0.0% | -3.4% | — | — | $212M |
| 2013 | $3.9B | $140M | 0.0% | 3.7% | — | — | $342M |
| 2012 | $4.5B | $111M | 0.0% | 3.5% | — | — | $378M |
| 2011 | $4.3B | $175M | 0.0% | 6.5% | — | — | $424M |
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Mar '26 | $52M | $178M | 58.5% | 309.1% | $10M | — | $254M |
| Dec '25 | $60M | $37M | 62.2% | 14.3% | -$211M | — | $113M |
| Sep '25 | $47M | -$38M | 55.5% | -113.1% | $46M | — | $326M |
| Jun '25 | $916M | $31M | 0.0% | 3.8% | $250M | — | $386M |
| Mar '25 | $27M | $18M | 39.6% | -109.8% | $152M | — | $182M |
| Dec '24 | $26M | $5M | 22.7% | -111.6% | $116M | — | $144M |
| Sep '24 | $26M | -$79M | 29.0% | -622.3% | $502M | — | $272M |
| Jun '24 | $927M | $17M | 0.0% | 3.9% | $176M | — | $195M |
| Mar '24 | $950M | $18M | 0.0% | 5.4% | $70M | — | $185M |
| Dec '23 | $1.0B | $14M | 0.0% | 2.2% | -$7M | — | $150M |
| Sep '23 | $963M | $23M | 0.0% | 5.9% | $226M | — | $153M |
| Jun '23 | $957M | $5M | 0.0% | 3.6% | $194M | — | $186M |
| Mar '23 | $986M | $13M | 0.0% | 2.6% | -$155M | — | $154M |
| Dec '22 | $1.0B | -$28M | 0.0% | -2.6% | -$13M | — | $273M |
| Sep '22 | $1.1B | -$12M | 0.0% | -1.4% | -$47M | — | $254M |
| Jun '22 | $1.0B | $21M | 0.0% | 3.9% | $129M | — | $320M |
| Mar '22 | $1.0B | $49M | 0.0% | 7.0% | $161M | — | $300M |
| Dec '21 | $1.1B | $27M | 0.0% | 0.5% | -$133M | — | $156M |
| Sep '21 | $1.0B | $34M | 0.0% | 4.4% | — | — | $231M |
| Jun '21 | $1.0B | $35M | 0.0% | 3.6% | — | — | $267M |
How the market has priced AD against its own fundamentals since 2025-08 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 5 years, Array Digital Infrastructure, Inc.'s revenue has declined 47.4% per year, and net income declined 21.3% per year. These are computed facts, not advice.
As of FY2025, Array Digital Infrastructure, Inc. reported — of total debt against $113M of cash; operating income covered interest expense -3.3×.
In FY2025, gross margin was 51.2%, operating margin -56.8%, and net margin 42.5%.
As of Jun '26, Array Digital Infrastructure, Inc. traded at a price-to-earnings ratio of about 45.3× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.