AD
Array Digital Infrastructure, Inc.NYSE
Communication Services • Telecom Services
Factor tilt: Mid-Cap Defensive
$29.98-4.43%
Close Nov 6, 2026
- Market cap
- $2.59B
- 1 month
- -10.9%
- 3 months
- -14.5%
- 1 year
- -36.8%
- 52-week range
- $29.98$60.28
- Dividend
- No payments on record
- Short interest
- 9.2% of float1.4M shares · settled Oct 15, 2026 · +12.2% since Sep 30, 2026 · FINRA
Fundamentals · trailing 12 months to Jun 30, 2026
- Revenue
- $213.53M
- Net income
- $778.06M
- Free cash flow
- -$202.98M
- Book value
- $1.27B
- Total debt
- $1.2B
- P/E
- 3.3×
- Price / sales
- 12.1×
- Price / book
- 2×
- FCF yield
- -7.8%
- Net margin
- +364.4%
EODHD (TTM) · as of Nov 6, 2026
End-of-day close from stored market data, not a live quote.
About Array Digital Infrastructure, Inc.
Array Digital Infrastructure, Inc. owns and operates shared wireless communications infrastructure in the United States. The company deploys 5G and other wireless technologies through its 4,400 cell towers. It also leases tower space to tenants. In addition, the company offers ancillary services.
Read more
It serves organizations, wireless carriers, government agencies, municipalities, wireless internet service providers, and broadband providers. The company was formerly known as United States Cellular Corporation and changed its name to Array Digital Infrastructure, Inc. in August 2025. The company was incorporated in 1983 and is headquartered in Chicago, Illinois. Array Digital Infrastructure, Inc. is a subsidiary of Telephone and Data Systems, Inc.
- Website
- arrayinc.com
- Headquarters
- Chicago, IL, United States
- Employees
- 60
- Listed
- Mar 17, 1992
- Fiscal year ends
- December
Company profile from EODHD, stored Oct 25, 2026.
Quarterly results
The last 8 fiscal quarters as reported (EODHD). Year over year compares the same quarter a year earlier.
| Quarter | Revenue | YoY | Gross margin | Op. income | Net income |
|---|---|---|---|---|---|
| Jun 2026filed Aug 7, 2026 | $54.1M | -94.1% | 56.5% | $399.3M | $358.7M |
| Mar 2026filed Mar 31, 2026 | $52.0M | -94.2% | 34.2% | $5.1M | $178.2M |
| Dec 2025filed Dec 31, 2025 | $60.3M | -93.8% | 41.6% | $9.7M | $40.4M |
| Sep 2025filed Sep 30, 2025 | $47.1M | -94.9% | 30.3% | -$6.3M | $200.8M |
| Jun 2025filed Jun 30, 2025 | $916.0M | -1.2% | 57.2% | $35.0M | $31.0M |
| Mar 2025filed Mar 31, 2025 | $891.0M | -6.2% | 60.3% | $41.0M | $18.0M |
| Dec 2024filed Dec 31, 2024 | $971.0M | -2.9% | 52.8% | -$9.0M | $5.0M |
| Sep 2024filed Sep 30, 2024 | $922.0M | -4.3% | 58.5% | -$90.0M | -$79.0M |
Fiscal years · last 6
| Fiscal year | Revenue | YoY | Gross margin | Op. income | Net income |
|---|---|---|---|---|---|
| Dec 2025filed Dec 31, 2025 | $163.0M | -95.7% | 21.6% | -$49.2M | $290.9M |
| Dec 2024filed Dec 31, 2024 | $3.8B | -3.5% | 56.8% | -$12.0M | -$39.0M |
| Dec 2023filed Dec 31, 2023 | $3.9B | -6.3% | 55.8% | $139.0M | $54.0M |
| Dec 2022filed Dec 31, 2022 | $4.2B | +1.1% | 52.7% | $69.0M | $30.0M |
| Dec 2021filed Dec 31, 2021 | $4.1B | +2.1% | 53.7% | $170.0M | $155.0M |
| Dec 2020filed Dec 31, 2020 | $4.0B | +0.4% | 55.6% | $173.0M | $229.0M |
Short-interest history
FINRA reports open short positions for a settlement date. The publication date is later. These are reported positions, with a separate date for each observation.
Compare the reported short exposure around the dates you bought, sold or watched AD. A long position benefits from price rises; a short position benefits from falls. A change in these counts does not predict either move.
Settlement Oct 15, 2026
1,429,288 shares short
+154,908 shares (+12.2%) vs Sep 30, 2026
9.2% of the stored float. Published Oct 26, 2026.
Settlement Sep 30, 2026
1,274,380 shares short
-5,263 shares (-0.4%) vs Sep 15, 2026
8.2% of the stored float. Published Oct 9, 2026.
Settlement Sep 15, 2026
1,279,643 shares short
-281,076 shares (-18%) vs Aug 31, 2026
Share of float unavailable. Published Sep 24, 2026.
Settlement Aug 31, 2026
1,560,719 shares short
-321,528 shares (-17.1%) vs Aug 14, 2026
Share of float unavailable. Published Sep 10, 2026.
Settlement Aug 14, 2026
1,882,247 shares short
-67,430 shares (-3.5%) vs Jul 31, 2026
Share of float unavailable. Published Aug 25, 2026.
Settlement Jul 31, 2026
1,949,677 shares short
-84,874 shares (-4.2%) vs Jul 15, 2026
Share of float unavailable. Published Aug 11, 2026.
Change = this settlement’s shares short − the previous recorded settlement’s shares short; percentage change divides by that earlier count. A zero earlier count has no percentage change. Split-spanning counts are left uncompared. Float percentages use the stored settlement observation, not today’s float.
Source: stored FINRA equity short-interest records, up to six settlements from the last 240 days. FINRA data and reporting dates · How to read short interest
Dividends and stock splits
See the recorded cash amounts and dates behind AD’s income, and the splits that change its share count. Dates below are stored event records, not confirmation of a payment to your account.
Cash-dividend records
USD 11 per share
Ex-dividend date: Jun 11, 2026
Recorded pay date: Jun 25, 2026 (past date)
Special cash dividend · Polygon event record
USD 10.25 per share
Ex-dividend date: Jan 23, 2026
Recorded pay date: Feb 2, 2026 (past date)
Special cash dividend · Polygon event record
USD 23 per share
Ex-dividend date: Aug 20, 2025
Recorded pay date: Aug 19, 2025 (past date)
Special cash dividend · Polygon event record
USD 0.11 per share
Ex-dividend date: Jul 26, 2006
Recorded pay date: Aug 4, 2006 (past date)
Cash dividend · Polygon event record
USD 0.11 per share
Ex-dividend date: Apr 19, 2006
Recorded pay date: May 5, 2006 (past date)
Cash dividend · Polygon event record
USD 0.11 per share
Ex-dividend date: Jan 18, 2006
Recorded pay date: Feb 3, 2006 (past date)
Cash dividend · Polygon event record
Up to six Polygon cash-dividend events, including recorded ex-dates within the next 120 days. Amounts retain their recorded currency and decimal precision. Historical amounts are not restated to a common split basis, annualized, or converted to dollars.
For a long holding, compare the ex-date with when you held the shares and check the pay date against your broker’s cash history. Owning the stock today does not establish past entitlement. For a short holding, a dividend can create a payment obligation to the share lender.
Ex-dates and special dividend rules · Short-sale dividend obligations · Dividend data definitions
Split history
No qualified split events are stored. This does not establish that the stock has never split.
Up to six stored split dates through Nov 7, 2026. Equivalent vendor ratios are combined; conflicting ratios are left out. This history may be incomplete.
A split changes the share count and per-share price basis; it does not by itself add investment value. Put your holding’s earlier and later share counts on the same basis before comparing them. This applies to both long shares and shares owed on a short position.
How stock splits workPortfolio context
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Smart money context
Holder IQ: MEDIUM
19 smart-money holders: institutions with a high Holder IQ
Q2 2026, filed Oct 29, 2026
Smart-money 13F trend: distributing (heavy)
Unlock crowding heatmapUnlock filer discoveryInsider context
Sentiment: neutral
Last trade: sell 53 days ago
Read the insider context evidence
What it means for you
Sign in to read your holdings or watchlist context. No personal position or direction is inferred.
What happened
Stored recent-activity label: neutral. This context label is separate from the scored insider signal read.
Why it can matter
A count of reported activity describes a sample, not purchase conviction, an insider’s intent or a future price move. Neutral is not an all-clear, and absent direction is not neutral evidence.
How we got this
The current context rule reads at most 50 nonduplicate issuer/share-class records filed in the last 90 days. It counts a bullish direction or purchase code P toward bullish, and a bearish direction or sale code S toward bearish. A side must exceed the opposite count by more than two to set its label; otherwise nonzero directional counts produce neutral. Calculation unavailable for this saved label: its counts, exact records, as-of time and rule version are not supplied here. Do not substitute the separate scored read’s different window or denominator.
Where the data comes from
Stored SEC Forms 3/4/5 insider-signal records, ordered by filing date with amendment duplicates excluded. Filing date is not transaction date. The last-trade line locates recent reported activity; it does not date or reconstruct the complete count.
Red flags: 0
Read the insider context evidence
What it means for you
Sign in to read your holdings or watchlist context. No personal position or direction is inferred.
What happened
Stored recent-activity label: neutral. This context label is separate from the scored insider signal read.
Why it can matter
A count of reported activity describes a sample, not purchase conviction, an insider’s intent or a future price move. Neutral is not an all-clear, and absent direction is not neutral evidence.
How we got this
The current context rule reads at most 50 nonduplicate issuer/share-class records filed in the last 90 days. It counts a bullish direction or purchase code P toward bullish, and a bearish direction or sale code S toward bearish. A side must exceed the opposite count by more than two to set its label; otherwise nonzero directional counts produce neutral. Calculation unavailable for this saved label: its counts, exact records, as-of time and rule version are not supplied here. Do not substitute the separate scored read’s different window or denominator.
Where the data comes from
Stored SEC Forms 3/4/5 insider-signal records, ordered by filing date with amendment duplicates excluded. Filing date is not transaction date. The last-trade line locates recent reported activity; it does not date or reconstruct the complete count.
Largest 13-F holders · Q2 2026
140 filers reported a long position in AD for Q2 2026. 13-F holdings are filed up to 45 days after the quarter ends.
The top 10 hold
64.1%
of the 17.8M shares 13-F filers reported
Moves vs Q1 2026
2 added5 trimmed
2 new · 1 unchanged
Net shares held
-16.9%
across the 8 holders with a comparable Q1 2026 book
| Rank | Holder | Value | Shares | Shares vs Q1 2026 |
|---|---|---|---|---|
| 1 | DIMENSIONAL FUND ADVISORS LP | $82.3M · 2.3M shares | 2.3M | -1.3% |
| 2 | HAWK RIDGE CAPITAL MANAGEMENT LP | $65.9M · 1.8M shares | 1.8M | New |
| 3 | Jericho Capital Asset Management L.P. | $65.8M · 1.8M shares | 1.8M | Unchanged |
| 4 | Madison Avenue Partners, LP | $40.2M · 1.1M shares | 1.1M | New |
| 5 | GAMCO INVESTORS, INC. ET AL | $29.9M · 825.3K shares | 825.3K | -2.3% |
| 6 | AMERICAN CENTURY COMPANIES INC | $27.8M · 766.1K shares | 766.1K | +26.3% |
| 7 | BANK OF AMERICA CORP /DE/ | $26.9M · 740.6K shares | 740.6K | -70.8% |
| 8 | LOOMIS SAYLES & CO L P | $25.7M · 707.4K shares | 707.4K | -4.5% |
| 9 | OAKTREE CAPITAL MANAGEMENT LP | $25.3M · 696.9K shares | 696.9K | -3.8% |
| 10 | VANGUARD CAPITAL MANAGEMENT LLC | $25.2M · 695.4K shares | 695.4K | +1.9% |
Sign in to see each holder’s Holder IQ, factor-adjusted Holder IQ and rank, and compare these holders with all scored filers. Available on every plan.
Sign in5% holder filings (13D / 13G)
Holders of more than 5% of AD file with the SEC within days. A 13D holder may seek to influence the company; a 13G holder is passive. Each holder’s latest filing from the last three years.
| Filed | Holder | % of class |
|---|---|---|
| Sep 23, 2026 | HAWK RIDGE CAPITAL MANAGEMENT LP13G · passive | 5.1% |
| Sep 2, 2026 | TELEPHONE DATA SYSTEMS INC DE13D · activist · amended | 81.9% |
| Aug 3, 2026 | BANK OF AMERICA CORP /DE/13G · passive · amended | 1.4%under 5% |
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