StockData
Array Digital Infrastructure, Inc. logo

Array Digital Infrastructure, Inc. (AD) stock

ADNYSERadiotelephone CommunicationsFiscal year ends December 31Also trades as UZD, UZE, UZF
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 6, 2026Score 19/3071% below fair value
$27.75−1.19 (-4.11%)

Close on Nov 11, 2026Market cap $2.40BP/E 3.7Yield 82.88%

Array Digital Infrastructure, Inc. grew revenue 71.1% to $220.28M over the twelve months to Sep 30, 2026. Free cash flow was -$426.25M, down 185.2% from a year earlier. At the latest close the market valued the company at $2.40B, 3.7 times its earnings.

Revenue
$220.28M
+71.1% vs. a year earlier
Operating income
$566.32M
TTM Q3 2026
Free cash flow
-$426.25M
-185.2% vs. a year earlier
EPS, diluted
$7.45
+4038.9% vs. a year earlier

Key statistics

Valuation at the latest close; fundamentals over the trailing twelve months, balances at Sep 30, 2026

Valuation

Market cap
$2.40B
P/E ratio
3.7
Price to sales
10.90
Price to book
1.80
Dividend yield
82.88%
Free cash flow yield
-17.76%

Fundamentals

Revenue
$220.28M
Net income
$642.76M
EPS, diluted
$7.45
Free cash flow
-$426.25M
Book value per share
$15.43
Diluted shares
87M

Trading

Next earnings
Feb 19, 2027 (estimated, before the open)
Previous close
$28.94
Open
$28.98
Day's range
$27.55 – $28.98
Volume
299,323
Average volume (20 days)
292,774
Beta (5 years)
0.46
52-week range
$27.55 – $60.82
RSI (14 days)
23.1
Volatility (1 year)
43.6%
Relative volume
1.32×
WACC
6.8%

On 3 of our idea lists: Yields that look too good (a warning list), Shareholder yield, Fallen quality

Market cap history

Month-end market cap since 2009, using shares outstanding reported at the time

Total return vs. the S&P 500

Price change plus reinvested dividends, to the close on Nov 11, 2026. The S&P 500 is measured by the SPY fund.

PeriodADS&P 500DifferenceAD per yearS&P 500 per year
1 month-16.9%-2.4%−14.5 pts
3 months-20.4%-1.2%−19.2 pts
Year to date-21.1%+12.3%−33.3 pts
1 year-9.4%+12.4%−21.9 pts
3 years+46.1%+78.8%−32.7 pts+13.5%+21.4%
5 years+83.1%+75.2%+7.9 pts+12.9%+11.9%
10 years+76.2%+311.1%−234.9 pts+5.8%+15.2%

Fifteen years at a glance

Fiscal years 2011 to 2025 and trailing twelve months, USD

Revenue

$220.28M+71.1% YoY

Gross profit

$129.00M+148.6% YoY

Operating income

$566.32M

Net income

$642.76M+3961.4% YoY

EPS, diluted

$7.45+4038.9% YoY

Free cash flow

-$426.25M-185.2% YoY
Reported periodTrailing twelve months

Press releases

Releases Array Digital Infrastructure filed with the SEC as exhibits to Form 8-K or 6-K

  1. As previously announced, Array will hold a teleconference on November 6, 2026, at 9 :00 a.m. CT . Listen to the call live via the Events & Presentations page of investors.arrayinc.com.
    Results
  2. As previously announced, Array will hold a teleconference on August 7, 2026, at 9 :00 a.m. CT . Listen to the call live via the Events & Presentations page of investors.arrayinc.com.
    Results
  3. Array completes sale of select spectrum assets to Verizon for $1.0 billion
    News
  4. As previously announced, Array will hold a teleconference on May 8, 2026, at 9 :00 a.m. CT . Listen to the call live via the Events & Presentations page of investors.arrayinc.com.
    Results
  5. Array Digital Infrastructure Forms Special Committee of Independent Directors in Response to Receipt of Non-Binding Proposal from TDS
    News
  6. As previously announced, Array will hold a teleconference on February 20, 2026, at 9:00 a.m. CST. Listen to the call live via the Events & Presentations page of investors.arrayinc.com.
    Results
All press releases and earnings

About Array Digital Infrastructure

Radiotelephone Communications

Array Digital Infrastructure, Inc. operates shared wireless communications infrastructure by leasing cell tower space to wireless carriers and offering ancillary services. Tenants install equipment on the company's towers to support cellular networks, 5G deployment, and other mobile technologies. Array also retains noncontrolling interests in wireless operating businesses and holds wireless spectrum licenses, with primary customers comprising major telecommunications providers such as T-Mobile, AT&T, and Verizon.

Company profile, executives and history

Array Digital Infrastructure stock: common questions

What is Array Digital Infrastructure's stock price?

AD closed at $27.75 on Nov 11, 2026, down 4.11% on the day. Over the past 52 weeks it traded between $27.55 and $60.82.

What is Array Digital Infrastructure's market cap?

Array Digital Infrastructure was worth $2.40B at the close on Nov 11, 2026: the share price times the diluted shares outstanding.

What is AD's P/E ratio?

AD trades at 3.7 times earnings, based on diluted earnings per share of $7.45 over the twelve months to Sep 30, 2026.

How much revenue does Array Digital Infrastructure make?

Array Digital Infrastructure reported revenue of $220.28M for the twelve months to Sep 30, 2026, up 71.1% from a year earlier.

Does Array Digital Infrastructure pay a dividend?

Yes. Array Digital Infrastructure paid $23.00 per share over the last twelve months, a yield of 82.88% at the latest price.

When does Array Digital Infrastructure report earnings next?

Array Digital Infrastructure is expected to report Q4 FY2026 results on Feb 19, 2027, before the open. The date is estimated from its past reporting pattern until the company confirms it.

How has AD stock performed over the past year?

Including dividends, AD returned -9.4% over the past year, against +12.4% for the S&P 500.

Who are Array Digital Infrastructure's competitors?

Companies most similar to Array Digital Infrastructure by business, industry and size include TDSPRV, IHS, SPOK, SHEN, ATNI.

See a number that looks wrong?