Saturday 17 October 2026 Export AD’s income statement to Excel — free account

Array Digital Infrastructure Inc.

AD Communication Services Telecom Services

In the quarter to June 2026, revenue grew 89.5%, EPS grew 1,021.6%, free cash flow fell 115.2% and total debt fell 75.7%, each against the same quarter a year earlier.

33.47 0.04 −0.12%

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Market cap: $2.9B
P/E: 5.4×
Fwd P/E: 8.8×
Dividend yield: 0.00%
F-score: 7/9
Altman Z: 1.50
Beneish M: −2.02
Dividend safety: 0/100

Overview Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total sells 0.26

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	—	—	—	—	—	—	—	—	—	1	—

Insider Ownership 82.37%

Capital & Financial Ratios $m

Market Cap 2,900.00

Revenue 213.53

Net Income 557.86

Free Cash Flow (340.21)

Net Debt 275.21

Current Ratio 0.95

Debt/Equity 0.54

P/E ratio 5.41

Fwd P/E 8.79

P/S ratio 13.56

P/B ratio 2.28

Past 5Y EPS Growth (26.55%)

This Y EPS Growth 1,094.40%

Next Y EPS Growth (83.03%)

Next Y revenue growth 30.09%

Next 5Y EPS Growth 32.78%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 0.13%

10-year low 10-year high

P/S against its own 10 years 81.94%

10-year low 10-year high

P/B against its own 10 years 95.98%

10-year low 10-year high

EV/Sales against its own 10 years 81.94%

10-year low 10-year high

Dividends

Payout Ratio 0.00

Annual Dividend Rate 0.00

Annual Dividend Yield 0.00%

	total	individual payouts
2028	Powerpack
2027	Powerpack
2026	Powerpack
2025	1.25	23.00
2024	Powerpack
2023	Powerpack
2022	Powerpack
2021	Powerpack
2020	Powerpack
2019	Powerpack
2017	Powerpack

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	150	144	113	416
Receivables	958	13	22	18
Inventory	199	179	—	—
Other	36	18	7	2
	1,400	1,345	145	439

	2023	2024	2025	Q'26
Payables	248	36	38	41
ST’ Debt	20	22	4	25
Other	383	21	101	52
	901	884	200	462

Compound Annual Growth %

	10y	5y	3y
Sales	(27.45%)	(47.37%)	(66.06%)
Cash Flow	(9.67%)	(30.48%)	(37.74%)
Earnings	(14.77%)	(26.61%)	17.57%
Book Value	(3.22%)	(10.27%)	(17.41%)

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	52	54	—	—	—
’25	27	29	47	60	163
’24	950	927	26	—	103
’23	986	957	963	—	100
’22	1,010	1,027	1,083	1,049	4,169
’21	1,023	1,014	1,016	1,069	4,122
’20	963	973	1,027	1,074	4,037

Fiscal quarters ending in the months shown.

value withheld pending a data check

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	24	(43)	—	—	—
’25	159	325	(82)	(202)	201
’24	203	313	245	121	882
’23	41	349	329	148	867
’22	311	267	74	180	832
’21	124	239	304	135	802
’20	342	350	258	287	1,237

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	10	(49)	—	—	—
’25	150	319	(89)	(211)	169
’24	59	172	501	113	845
’23	(160)	191	210	457	698
’22	(400)	127	(59)	(23)	(355)
’21	(1,265)	88	125	(172)	(1,224)
’20	1	76	14	(14)	77

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	2.06	4.15	—	—	—
’25	0.21	0.36	(0.44)	0.43	0.56
’24	0.20	0.20	(0.92)	0.05	(0.46)
’23	0.15	0.05	0.26	0.16	0.63
’22	0.57	0.25	(0.15)	(0.33)	0.35
’21	0.69	0.39	0.38	0.31	1.77
’20	0.81	0.78	0.97	0.06	2.62

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	32.72	32.29	32.06	30.74	23.91	28.53	19.22	13.79	32.01	44.03	Analyst estimates 2026–2028 Powerpack
	High	45.87	46.01	58.44	59.74	37.75	39.96	33.00	47.94	68.31	79.17
People
People	Employees	6,300	5,900	5,600	5,500	5,300	4,800	4,900	4,300	4,100	60
	Revenue/emp, $m	0.63	0.66	0.71	0.73	0.76	0.86	0.85	0.02	0.03	2.72
Income, $m
Income, $m	Revenue	3,990	3,890	3,967	4,022	4,037	4,122	4,169	100	103	163
	Gross margin, %	53.86	53.65	54.90	55.64	55.59	53.71	52.72	32.43	29.08	51.22
	EBT	82	(272)	215	185	250	180	72	41	(100)	141
	EBT margin, %	2.06	(6.99)	5.42	4.60	6.19	4.37	1.73	41.04	(96.88)	86.60
	Net income	49	15	164	133	233	160	35	58	(32)	69
	Depreciation	618	615	640	702	683	678	700	50	47	48
Per share, $
Per share, $	Revenue	46.94	45.76	46.13	46.77	46.94	47.93	49.05	1.18	1.20	1.90
	Earnings	0.56	0.14	1.75	1.47	2.66	1.80	0.35	0.64	(0.46)	0.57
	Cash flow	5.89	5.52	8.24	8.42	14.38	9.33	9.79	10.18	10.31	2.34
	Capex	(5.84)	(7.69)	(6.05)	(10.65)	(13.49)	(23.56)	(13.96)	(1.99)	(0.44)	(0.37)
	Free cash flow	0.06	(2.18)	2.20	(2.23)	0.90	(14.23)	(4.18)	8.19	9.87	1.97
	Book value	42.88	43.38	47.29	48.95	51.47	53.06	53.76	54.49	53.62	29.97
	Shares, m	85	85	86	86	86	86	85	85	86	86
Valuation, ×
Valuation, ×	P/E	83.04	248.27	29.70	24.65	11.54	17.51	64.09	64.90	0.00	95.75
	P/S	0.97	0.81	1.13	0.77	0.65	0.66	0.44	34.67	52.18	28.27
	P/B	1.07	0.86	1.10	0.74	0.60	0.59	0.41	0.75	1.17	1.79
	EV/Sales	1.23	1.13	1.39	1.08	0.96	1.28	1.15	63.67	62.67	31.80
	EV/FCF	84.91	(18.50)	29.08	(22.61)	50.08	(4.32)	(13.46)	9.17	7.64	30.58
Cash, $m
Cash, $m	Operating cash flow	501	469	709	724	1,237	802	832	867	882	201
	Capex	(496)	(654)	(520)	(916)	(1,160)	(2,026)	(1,187)	(169)	(38)	(31)
	Free cash flow	5	(185)	189	(192)	77	(1,224)	(355)	698	845	169
Balance, $m
Balance, $m	Working capital	840	750	1,121	823	1,752	702	528	499	461	(55)
	Total debt	1,629	1,640	1,624	1,510	2,491	2,731	3,200	3,064	1,224	674
	Net debt	1,043	1,238	1,027	1,225	1,217	2,575	2,927	2,914	1,080	561
	Shareholders’ equity	3,645	3,687	4,067	4,210	4,426	4,563	4,570	4,642	4,592	2,575
Returns, %
Returns, %	ROA	0.68	0.17	2.13	1.65	2.57	1.55	0.28	0.50	(0.37)	0.64
	ROIC	0.64	(3.86)	1.94	1.29	1.92	1.49	0.58	(0.93)	(2.87)	(1.84)
	ROE	1.33	0.33	3.87	3.07	5.30	3.45	0.66	1.18	(0.85)	1.36

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026 · fundamentals updated 1 Oct 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
IRDM Iridium Communications Inc	$4.8B	49.6×	42.9×	+3.84% (above 0%: growing)	−55.00% (below 0%: shrinking)	−15.24% (below 0%: shrinking)	71.23%	15.10%	Compare
TKC Turkcell Iletisim Hizmetleri AS	$4.3B	10.1×	—	+15.43% (above 0%: growing)	+8.33% (above 0%: growing)	−58.09% (below 0%: shrinking)	25.36%	12.41%	Compare
PHI PLDT Inc.	$4.3B	9.4×	7.5×	−5.84% (below 0%: shrinking)	−24.00% (below 0%: shrinking)	+78.48% (above 0%: growing)	57.86%	20.01%	Compare
TDS Telephone and Data Systems, Inc.	$3.7B	11.1×	34.7×	+3.60% (above 0%: growing)	n/m	−133.98% (below 0%: shrinking)	58.19%	120.67%	Compare
AD Array Digital Infrastructure Inc.	$2.9B	5.4×	8.8×	+89.53% (above 0%: growing)	+1,021.62% (above 0%: growing)	−115.23% (below 0%: shrinking)	56.54%	738.42%
KYIV Kyivstar Group Ltd.	$2.9B	18.1×	10.0×	+19.37% (above 0%: growing)	−16.71% (below 0%: shrinking)	+29.21% (above 0%: growing)	88.79%	37.46%	Compare
LBTYA Liberty Global Ltd	$2.8B	— (loss-making)	— (loss-making)	−7.65% (below 0%: shrinking)	n/m	+429.69% (above 0%: growing)	50.62%	0.26%	Compare
LBTYK Liberty Global Ltd	$2.8B	— (loss-making)	—	−7.65% (below 0%: shrinking)	n/m	+429.69% (above 0%: growing)	50.62%	0.26%	Compare
IDT IDT Corporation	$2.2B	22.5×	11.2×	+7.07% (above 0%: growing)	+46.64% (above 0%: growing)	+49.07% (above 0%: growing)	39.78%	9.80%	Compare
Median of peers	$3.3B	14.6×	11.2×	+3.72%	−16.71%	+39.14%	54.24%	13.76%

All 55 Telecom Services stocks →