Array Digital Financials

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48.21 0.18 0.37%

Analysis of capital structure and cash generation suggests that Array Digital maintains balanced financial characteristics. Operating returns remain positive, suggesting ongoing earnings capacity. Earnings quality, debt coverage, and cash generation are the primary financial strength indicators for Array Digital. Recent filings indicate that Total Other Income Expense Net continues falling. The preceding year’s Total Other Income Expense Net stood at 190.35 Million. As of 03/14/2026, Net Income From Continuing Ops is forecasted to advance to approximately 180.9 M this year, whereas Interest Expense is moving lower toward about 26.8 M.

Analysis of Array Digital cash flow over time is an excellent tool to project Array Digital future capital expenditures as well as to predict the amount of cash needed to cover cost of sales, R&D expenses or production expansions. Investors should almost always look for trends in cash flow indicators such as Stock Based Compensation of 1.7 M or Free Cash Flow of 182.3 M as it is a great indicator of Array Digital ability to facilitate future growth, repay debt on time or pay out dividends.

Cash Flow Balance Sheet Income Statement

Macro event markers

Yuan Drop

Covid

Interest Hikes

Array Digital Cash Flow Account Activities

Recent filings indicate that Free Cash Flow continues growing. The preceding year’s Free Cash Flow stood at 173.64 Million. As of 03/14/2026, Total Cashflows From Investing Activities is forecasted to advance to approximately 2.6 B this year, although Change In Cash is expected to rise to about -43.3 M.

Stock Based Compensation Capital Expenditures End Period Cash Flow Begin Period Cash Flow

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Key indicators impacting Array Digital's financial strength

Current Value

Last Year

Change From Last Year

10 Year Trend

Debt-to-Equity Ratio

0.5

0.6657

Way Down

Slightly volatile

Current Ratio

0.69

0.724

Sufficiently Down

Slightly volatile

Net Receivables

20.6 M

21.7 M

Notably Down

Very volatile

Total Revenue

154.8 M

163 M

Notably Down

Slightly volatile

Total Assets

9.2 B

4.9 B

Way Up

Slightly volatile

Investors should not underestimate Array Digital's ability to pay suppliers on time, meet interest obligations, and allocate excess cash efficiently. Individual investors should research Array Digital's cash flow, debt, and profitability before forming an investment view. For Array Digital Infrastructure, recent data highlights $2.12 in Free Cash Flow Per Share, a Cash Ratio of 0.59, and a CAPEX To Operating Cash Flow of 0.13x.

Cash And Equivalents

151.2 Million

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The interaction between Array Digital's balance sheet and income statement is particularly important for valuation. Asset growth funded by debt rather than earnings can be a warning sign for Array Digital's long-term financial health.

Financial statements for Array Digital are prepared by management under accounting rules that allow significant discretion. Look beyond reported numbers and use analytical tools like the Beneish M Score to assess earnings quality.

Array Digital Stock Summary

Array Digital competes with Telephone, PLDT, Liberty Global, PCCW, and Globalstar Common. Array Digital is publicly traded on the New York Stock Exchange in United States.

Specialization	Communication Services, Telecommunication Services
Instrument	USA Stock View All
Exchange	New York Stock Exchange
ISIN	US9116841084
Older Symbol	USM
Business Address	500 West Madison
Sector	Wireless Telecommunication Services
Industry	Communication Services
Benchmark	Dow Jones Industrial
Website	www.arrayinc.com
Phone	866 573 4544

Key Financial Ratios

	Return On Equity	0.0534
	Profit Margin	0.0043 %
	Operating Margin	0.16 %
	Price To Sales	1.09 X
	Revenue	162.96 M

More Fundamentals

Key Balance Sheet Accounts

Leverage shapes both risk and opportunity. Array Digital's debt and equity mix reflects management's philosophy on financing growth versus preserving shareholder capital. The accounts below show how that balance plays out.

	2021	2022	2023	2024	2025	2026 (projected)
Total Assets	10.3B	11.1B	10.8B	10.4B	4.9B	9.2B
Other Current Liab	201M	431M	244M	221M	142.2M	273.6M
Net Debt	3.6B	3.9B	3.9B	3.7B	1.6B	2.4B
Retained Earnings	2.8B	2.9B	2.9B	2.8B	769.8M	731.3M
Accounts Payable	346M	344M	241M	232M	38.4M	36.5M
Cash	156M	273M	150M	144M	113.4M	107.7M
Net Receivables	1.2B	1.1B	958M	955M	21.7M	20.6M
Inventory	173M	261M	199M	179M	205.9M	195.4M
Other Current Assets	107M	113M	93M	67M	9.7M	9.2M
Total Liab	5.8B	6.5B	6.1B	5.8B	2.4B	2.2B
Total Current Assets	1.6B	1.7B	1.4B	1.3B	144.8M	137.5M
Short Term Debt	132M	146M	155M	163M	19.4M	18.4M
Intangible Assets	4.1B	4.7B	4.7B	4.6B	1.6B	3.2B

Key Income Statement Accounts

Revenue of 163.0 M sets the scale of Array Digital's operations, but the income statement below is where investors see how efficiently Array converts that revenue into earnings through operating costs, interest, and taxes.

	2021	2022	2023	2024	2025	2026 (projected)
Interest Expense	175M	163M	196M	183M	28.2M	26.8M
Total Revenue	4.1B	4.2B	3.9B	3.8B	163.0M	154.8M
Gross Profit	2.2B	2.2B	2.2B	2.1B	35.2M	33.5M
Operating Income	170M	69M	139M	-12M	-49.2M	-46.8M
Ebit	355M	235M	307M	161M	-49.2M	-46.8M
Ebitda	1.0B	935M	963M	826M	-968K	-919.6K
Cost Of Revenue	1.9B	2.0B	1.7B	1.6B	127.7M	121.4M
Income Before Tax	180M	72M	111M	-22M	141.1M	118.0M
Net Income	155M	30M	54M	-39M	290.9M	305.5M
Income Tax Expense	20M	37M	53M	10M	-31.1M	-29.6M

Key Cash Accounts

Earnings can be managed, but cash is harder to fabricate. Array Digital's cash flow statement strips away accrual accounting to show the real movement of money — 200.8 M from operations versus 169.7 M in reported net income.

	2021	2022	2023	2024	2025	2026 (projected)
Change To Inventory	-27M	-88M	62M	21M	18.9M	19.8M
Change In Cash	1B	-1.1B	109M	-20M	-45.6M	-43.3M
Free Cash Flow	-1.2B	-355M	128M	326M	173.6M	182.3M
Depreciation	678M	700M	656M	665M	48.3M	45.8M
Other Non Cash Items	107M	149M	117M	267M	218.3M	112.2M
Capital Expenditures	2.0B	1.2B	738M	557M	27.2M	25.8M
Net Income	160M	35M	58M	-32M	169.7M	105.8M
End Period Cash Flow	199M	308M	179M	159M	113.4M	107.7M

Financial Ratios Relationships

Sector multiples frame Array Digital's current valuation context. Mapping the correlation between Array Digital's fundamental drivers and peer metrics highlights which indicators are most influential for its intrinsic value. More Info.

Array Digital Infrastructure leads all stocks for return on equity relative to top peers. It also leads all stocks for return on asset relative to top peers with a Return On Asset-to-Return On Equity ratio near 0.27 . The Return On Equity to Return On Asset ratio for Array Digital Infrastructure comes in at 3.73 . Recent filings indicate that Return On Equity continues growing. The preceding year’s Return On Equity stood at 0.11. Earnings-based multiples benchmark Array Digital's market valuation.

Core Fundamental Drivers

Individual cash flow statement accounts provide only partial insight. Studying the full set highlights Array Digital underlying financial trends. Array Digital currently reports revenue of 162.96 M, profit margin of 0.43%, ROE of 5.34%. Array Digital has a market cap of 4.15 B, operating margin of 16.12%, ROE of 5.34%. Use Trending Equities to explore allocation context. This includes a position in Array Digital Infrastructure across the allocation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in services.

Financial Account Correlations

	Sale Purchase Of Stock	Change To Inventory	Change In Cash	Stock Based Compensation	Free Cash Flow	Change In Working Capital	Depreciation	Other Non Cash Items	Capital Expenditures	Change To Account Receivables	Net Income	End Period Cash Flow	Begin Period Cash Flow	Investments	Net Borrowings
Sale Purchase Of Stock		0.45	0.07	-0.51	-0.05	-0.39	-0.15	-0.44	-0.26	-0.04	0.04	-0.01	-0.03	-0.14	-0.09
Change To Inventory	0.45		0.2	-0.02	0.5	0.19	-0.2	0.18	-0.31	0.31	0.52	0.3	-0.12	0.23	-0.45
Change In Cash	0.07	0.2		0.0	0.44	0.28	0.04	-0.12	-0.37	0.02	0.07	0.61	-0.74	-0.14	0.14
Stock Based Compensation	-0.51	-0.02	0.0		0.15	0.34	0.76	0.2	0.31	-0.21	-0.08	0.27	0.22	-0.38	0.41
Free Cash Flow	-0.05	0.5	0.44	0.15		0.34	-0.27	0.51	-0.69	0.32	0.27	0.32	-0.48	0.44	-0.46
Change In Working Capital	-0.39	0.19	0.28	0.34	0.34		0.18	0.5	0.23	0.61	0.25	0.22	-0.29	0.39	-0.19
Depreciation	-0.15	-0.2	0.04	0.76	-0.27	0.18		-0.16	0.6	-0.5	-0.2	0.32	0.31	-0.72	0.81
Other Non Cash Items	-0.44	0.18	-0.12	0.2	0.51	0.5	-0.16		0.08	0.37	0.49	0.32	0.21	0.5	-0.37
Capital Expenditures	-0.26	-0.31	-0.37	0.31	-0.69	0.23	0.6	0.08		-0.17	0.14	0.14	0.66	-0.4	0.54
Change To Account Receivables	-0.04	0.31	0.02	-0.21	0.32	0.61	-0.5	0.37	-0.17		0.24	-0.16	-0.26	0.71	-0.79
Net Income	0.04	0.52	0.07	-0.08	0.27	0.25	-0.2	0.49	0.14	0.24		0.57	0.25	0.1	-0.17
End Period Cash Flow	-0.01	0.3	0.61	0.27	0.32	0.22	0.32	0.32	0.14	-0.16	0.57		0.04	-0.41	0.36
Begin Period Cash Flow	-0.03	-0.12	-0.74	0.22	-0.48	-0.29	0.31	0.21	0.66	-0.26	0.25	0.04		-0.36	0.26
Investments	-0.14	0.23	-0.14	-0.38	0.44	0.39	-0.72	0.5	-0.4	0.71	0.1	-0.41	-0.36		-0.86
Net Borrowings	-0.09	-0.45	0.14	0.41	-0.46	-0.19	0.81	-0.37	0.54	-0.79	-0.17	0.36	0.26	-0.86

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Account Relationship Matchups

cash flow statement Accounts

	2021	2022	2023	2024	2025	2026 (projected)
Change To Inventory	-27M	-88M	62M	21M	18.9M	19.8M
Change In Cash	1B	-1.1B	109M	-20M	-45.6M	-43.3M
Free Cash Flow	-1.2B	-355M	128M	326M	173.6M	182.3M
Depreciation	678M	700M	656M	665M	48.3M	45.8M
Other Non Cash Items	107M	149M	117M	267M	218.3M	112.2M
Capital Expenditures	2.0B	1.2B	738M	557M	27.2M	25.8M
Net Income	160M	35M	58M	-32M	169.7M	105.8M
End Period Cash Flow	199M	308M	179M	159M	113.4M	107.7M

Financial Metrics, Fundamentals & Methodology

Array Digital reports annual revenue of 162.96 M, a profit margin of 0.43%, ROE of 5.34%, an operating margin of 16.12%. Balance-sheet positioning of Array Digital determines flexibility across economic conditions. Cash-flow generation trends help validate reported earnings quality. Array Digital financial statements indicate revenue of 162.96 M, positive EPS of 1.94, operating margin of 16.12%.

For Array Digital Infrastructure, this section uses periodic company reporting and market reference feeds with Macroaxis normalization rules applied to keep cross-asset comparisons consistent. Intraday timing differences may exist. Statement-level metrics reflect company-reported GAAP or IFRS formats for the relevant filing period.

This content is curated and reviewed by:

Ellen Johnson - Member of Macroaxis Editorial Board

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Array Digital Financials

Array Digital Cash Flow Account Activities

Key indicators impacting Array Digital's financial strength

Cash And Equivalents

Array Digital Stock Summary

Key Financial Ratios

Key Balance Sheet Accounts

Key Income Statement Accounts

Key Cash Accounts

Financial Ratios Relationships

Core Fundamental Drivers

Financial Account Correlations

Account Relationship Matchups

High Positive Relationship

High Negative Relationship

cash flow statement Accounts

Financial Metrics, Fundamentals & Methodology

This content is curated and reviewed by:

Popular Tools for Array Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Borrowings	+ 0.81	Depreciation
Depreciation	+ 0.76	Stock Based Compensation
Investments	+ 0.71	Change To Account Receivables
Begin Period Cash Flow	+ 0.66	Capital Expenditures
End Period Cash Flow	+ 0.61	Change In Cash
Change To Account Receivables	+ 0.61	Change In Working Capital

Net Borrowings	- 0.86	Investments
Net Borrowings	- 0.79	Change To Account Receivables
Begin Period Cash Flow	- 0.74	Change In Cash
Investments	- 0.72	Depreciation
Capital Expenditures	- 0.69	Free Cash Flow
Stock Based Compensation	- 0.51	Sale Purchase Of Stock