The Tip Desk

ARRAY DIGITAL INFRASTRUCTURE, INC.

Company Stats

Market Cap
$2.9B
as of Sep 30, 2026
Enterprise Value
$3.5B
Shares Outstanding
86.5M
Free Float
16.4%

Income Statement

Revenue
$163.0M
Operating Income
-$92.5M
Net Income
$48.8M
EBITDA
-$53.4M
Non-cash Impairment
$47.7M
Revenue Growth, 3Y
-65.8%
FCF Margin, 3Y Avg
50.6%
FCF Margin, Worst Year
21.7%

Cash Flow

Free Cash Flow
$173.6M
FCF Yield
6.0%
Owner FCF Yield
5.9%

Balance Sheet

Cash & Equivalents
$113.4M
Total Debt
$674.3M
Net Debt
$560.9M

Returns & Capital

Dividends Paid
$2.0B
Dividend Yield
68.1%
Share Repurchases
$21.4M
Buyback Yield, 3Y Avg
0.9%
SBC, 3Y Avg
$1.9M

Cash Flow by Year

YearRevenueFCFMargin
FY2025$163.0M$173.6M106.6%
FY2024$3.7B$864.0M23.6%
FY2023$3.8B$826.2M21.7%
FY2022$4.1B$230.0M5.6%
FY2021$4.0B$78.0M1.9%

Annual filing data through FY ended December 31, 2025; shares and float as of October 22, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.

Earnings

Other Coverage