ARRAY DIGITAL INFRASTRUCTURE, INC. (AD)
About ARRAY DIGITAL INFRASTRUCTURE, INC.
Array Digital Infrastructure, formerly US Cellular, sold its regional wireless operations serving about 4.4 million customers to T-Mobile in August 2025. The firm has agreed to sell most of its remaining spectrum licenses; however, it will still retain rights to C-band spectrum in several locations after these deals are closed. Array also owns a 5.5% stake in Verizon Wireless' Los Angeles operations, as well as other smaller wireless partnership interests in Oklahoma and upstate New York. The firm still operates a portfolio of about 4,400 wireless towers. Parent TDS has proposed to acquire the portion of Array that it doesn't already own in an all-stock transaction.
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Financial summary
- Revenue FY2025
- $163.0M
- Net income
- $48.8M
- Total assets
- $4.7B
- Market cap
- $4.4B
- Gross margin
- 51.2%
- Operating margin
- -56.8%
- Net margin
- 42.5%
Source: SEC EDGAR · updated Jun 8, 2026
Financial statements
Income statement
- Revenue
- $163.0M
- Cost of revenue
- $79.5M
- Gross profit
- $83.5M
- Operating expenses
- $255.5M
- Operating income
- -$92.5M
- Income tax
- -$31.1M
- Net income
- $69.2M
- EPS (basic)
- $0.57
- EPS (diluted)
- $0.56
Balance sheet
- Total assets
- $4.7B
- Current assets
- $144.8M
- Total liabilities
- $2.1B
- Current liabilities
- $200.0M
- Shareholders’ equity
- $2.6B
Cash flow
- Operating cash flow
- $200.8M
- Investing cash flow
- $2.4B
- Financing cash flow
- -$2.7B
- Net cash flow
- -$45.7M
Statements via Polygon.io (SEC filings)
15-minute delayed · data by Polygon.io
Past year · hover for prices
52-week range
- Market cap
- $4.4B
- P/E ratio
- 62.3
- EPS (diluted)
- $0.56
- Shares outstanding
- 125.0M
- Open
- —
- Day range
- –
- Prev close
- —
- Volume
- —
- IPO date
- May 11, 1988
Array Digital Infrastructure, Inc. (AD) Stock Price
- Profitable — net income of $48.8M in FY2025.
- Gross margin of 51.2%, net margin 42.5%.
- Trading 54% below its 52-week high.
- Valued at a price-to-earnings (P/E) ratio of 62.3.
Automatically generated from public filings and market data. Informational only — not investment advice or a recommendation to buy or sell any security.
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Array Digital Infrastructure, Inc.: frequently asked questions
Is Array Digital Infrastructure, Inc. an American company?
Array Digital Infrastructure, Inc. is a US-based company headquartered in Chicago, Illinois, listed in the americancompanies.com directory of American companies. Its American-origin credentials have not yet been independently verified.
Where is Array Digital Infrastructure, Inc. headquartered?
Array Digital Infrastructure, Inc. is headquartered in Chicago, Illinois, United States.
Is Array Digital Infrastructure, Inc. publicly traded?
Yes — Array Digital Infrastructure, Inc. is a publicly traded company. Its stock trades under the ticker symbol AD on the NYSE.
What does Array Digital Infrastructure, Inc. do?
Array Digital Infrastructure, Inc. is an American Telecom company in the Technology & Electronics sector.
