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ARRAY DIGITAL INFRASTRUCTURE, INC.

corporate_fare Company Profile

ARRAY DIGITAL INFRASTRUCTURE, INC.

AD·NYSE·Technology·CIK 0000821130

Array Digital Infrastructure, Inc. (Array) connects America through digital infrastructure by leasing tower space to tenants and providing ancillary services. As of December 31, 2025, Array owns 4,450 towers in 19 states. Array also holds noncontrolling interests in primarily wireless operating companies and holds certain wireless spectrum licenses. As of December 31, 2025, Array is an 82.0%-owned subsidiary of Telephone and Data Systems, Inc. (TDS). Array is the fifth largest tower owner and operator of shared wireless communications infrastructure in the United States. With 4,450 cell towers, Array enables the deployment of 5G and other wireless technologies throughout the country. Array has owned and operated towers for over 40 years. Array's strategy is to drive increased colocation on its portfolio of unique tower locations and support the delivery of connectivity to the communities in which it operates. Array's tenants lease space on Array's communications infrastructure, installing network equipment on Array tower structures. Revenues vary by tenant and are dependent on numerous factors, such as quantity of installed equipment, location of installed equipment on the tower structure and tower location, amongst others. Array has entered into long-term Master License Agreements (MLAs) with its largest customers, which ensures a defined lease term and defined lease escalators. On August 1, 2025, United States Cellular Corporation changed its name to Array Digital Infrastructure, Inc. On August 12, 2025, the Array Common Shares ticker symbol on the New York Stock Exchange changed to "AD". Through July 31, 2025, Array provided wireless communication services; these operations and certain wireless spectrum licenses were disposed of on August 1, 2025.

ARRAY DIGITAL INFRASTRUCTURE, INC. (NYSE:AD) is a publicly traded company in the Technology sector. Wiseek has independently scored 16 items for AD at importance 7 or higher on its 1–10 market-impact scale. Its most recent item scored 7 or higher is dated 2026-08-07, rated 8/10. Across its 16 most recent items scored 7 or higher, the top rating is 9/10, with 10 rated 8 or above. Recent SEC coverage for AD spans 10-Q, 8-K, DEFA14A, DEF 14A.

Recent high-impact activity:

  • Array Digital Q2 Revenue Nearly Doubles, Raises 2026 EBITDA Guidance
  • Spectrum sale gains power Array Digital Infrastructure's Q2 earnings surge; $11/share special dividend declared
  • Array Digital Infrastructure Delivers Strong Q2 2026 Results and Raises EBITDA Guidance
  • Array Digital Declares Massive $11 Special Dividend After $1.17B Spectrum Sales
  • Array Digital Completes $1.168B Spectrum Sale, Declares $11.00 Special Cash Dividend

Financial Snapshot

Fiscal year ended December 31, 2025
Revenue
$162.96M
Net Income
$48.76M
Diluted EPS
$0.56
Op. Cash Flow
$200.84M
Free Cash Flow
$173.64M
Gross Profit
$83.48M
Operating Income
-$92.53M
Cash & Equivalents
$113.4M
Debt / Equity
0.00×
Net Margin
29.9%
Shares Outstanding
86.38M sh
Source: 10-K · filed 2026-03-30 · accession 0000821130-26-000021

Short Interest & Short Volume

4.94 days to cover

FINRA reported short interest of 1,279,643 shares in AD as of the September 15, 2026 settlement, a 18.0% decrease from the prior period — about 4.9 days to cover at its recent average daily volume. On October 2, 2026, 58.8% of AD volume reported to FINRA trade-reporting facilities was marked short.

Short interest (bi-monthly positions)1,279,643 shares as of September 15, 2026
Change vs prior period▼ 18.0%
Days to cover4.94 at avg daily volume of 259,111
Daily short volume (FINRA facilities)58.8% of 79,456 shares on October 2, 2026
5-day average short volume56.6%

Daily short sale volume covers trades reported to FINRA trade-reporting facilities and is not the same as short interest (bi-monthly reported positions). Source: FINRA — FINRA is the owner and source of this short interest and short sale volume data; it may not be redistributed.

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$34.39
52-week range · as of 2026-08-07 $33.71 – $79.17
Market cap
$2.97B
Volume
173.1K (0.7× avg)
3-mo avg 261.5K
Live data · 2026-10-04 23:36 UTC · Market closed

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feed AD - Latest Insights

AD
Aug 07, 2026, 7:42 AM EDT
Source: Reuters
Importance Score:
8
Price at Filing: $35.65
Real-time Price: $34.39 info
Change: -$1.26 (-4%) info
Market Cap: $2.975B info
AD
Aug 07, 2026, 7:39 AM EDT
Filing Type: 10-Q
Importance Score:
7
Price at Filing: $35.65
Real-time Price: $34.39 info
Change: -$1.26 (-4%) info
Market Cap: $2.975B info
AD
Aug 07, 2026, 7:33 AM EDT
Filing Type: 8-K
Importance Score:
7
Price at Filing: $35.65
Real-time Price: $34.39 info
Change: -$1.26 (-4%) info
Market Cap: $2.975B info
AD
Jun 01, 2026, 4:36 PM EDT
Source: Dow Jones Newswires
Importance Score:
9
Price at Filing: $50.92
Real-time Price: $34.39 info
Change: -$16.53 (-32%) info
Market Cap: $2.975B info
AD
Jun 01, 2026, 4:09 PM EDT
Filing Type: 8-K
Importance Score:
9
Price at Filing: $51.70
Real-time Price: $34.39 info
Change: -$17.31 (-33%) info
Market Cap: $2.975B info
AD
May 08, 2026, 7:41 AM EDT
Filing Type: 10-Q
Importance Score:
9
Price at Filing: $50.49
Real-time Price: $34.39 info
Change: -$16.10 (-32%) info
Market Cap: $2.975B info
AD
May 08, 2026, 7:32 AM EDT
Filing Type: 8-K
Importance Score:
8
Price at Filing: $50.49
Real-time Price: $34.39 info
Change: -$16.10 (-32%) info
Market Cap: $2.975B info
AD
May 08, 2026, 7:18 AM EDT
Filing Type: 8-K
Importance Score:
8
Price at Filing: $50.49
Real-time Price: $34.39 info
Change: -$16.10 (-32%) info
Market Cap: $2.975B info
AD
May 08, 2026, 7:09 AM EDT
Source: Reuters
Importance Score:
9
Price at Filing: $50.49
Real-time Price: $34.39 info
Change: -$16.10 (-32%) info
Market Cap: $2.975B info
AD
Apr 07, 2026, 9:03 AM EDT
Filing Type: DEFA14A
Importance Score:
7
Price at Filing: $48.50
Real-time Price: $34.39 info
Change: -$14.11 (-29%) info
Market Cap: $2.975B info
AD
Apr 07, 2026, 9:02 AM EDT
Filing Type: DEF 14A
Importance Score:
7
Price at Filing: $48.50
Real-time Price: $34.39 info
Change: -$14.11 (-29%) info
Market Cap: $2.975B info
AD
Mar 30, 2026, 5:30 PM EDT
Filing Type: 10-K/A
Importance Score:
7
Price at Filing: $45.85
Real-time Price: $34.39 info
Change: -$11.46 (-25%) info
Market Cap: $2.975B info
AD
Mar 13, 2026, 4:44 PM EDT
Filing Type: PRE 14A
Importance Score:
7
Price at Filing: $48.21
Real-time Price: $34.39 info
Change: -$13.82 (-29%) info
Market Cap: $2.975B info
AD
Feb 20, 2026, 7:54 AM EST
Filing Type: 10-K
Importance Score:
9
Price at Filing: $50.34
Real-time Price: $34.39 info
Change: -$15.95 (-32%) info
Market Cap: $2.975B info
AD
Feb 20, 2026, 7:35 AM EST
Filing Type: 8-K
Importance Score:
9
Price at Filing: $50.34
Real-time Price: $34.39 info
Change: -$15.95 (-32%) info
Market Cap: $2.975B info
AD
Jan 13, 2026, 4:11 PM EST
Filing Type: 8-K
Importance Score:
9
Price at Filing: $55.75
Real-time Price: $34.39 info
Change: -$21.36 (-38%) info
Market Cap: $2.975B info
Research tools: Filing Impact Index Dilution Tracker Split Calendar Open Datasets