ARRAY DIGITAL INFRASTRUCTURE, INC.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $163.0M | $102.9M | $100.5M | $4.17B | $4.12B | $4.04B | $4.02B | $3.97B |
| Cost of Revenue | $79.5M | $73.0M | $67.9M | — | — | — | — | — |
| Gross Profit | $83.5M | $29.9M | $32.6M | — | — | — | — | — |
| Gross Margin | 51.2% | 29.1% | 32.4% | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $84.4M | $102.6M | $101.4M | $1.41B | $1.35B | $1.37B | $1.41B | $1.39B |
| Operating Income | $-92.5M | $-260.3M | $-112.2M | $69.0M | $170.0M | $173.0M | $112.0M | $158.0M |
| Operating Margin | -56.8% | -252.9% | -111.7% | 1.7% | 4.1% | 4.3% | 2.8% | 4.0% |
| Interest Expense | $28.2M | $12.4M | $14.6M | $163.0M | $175.0M | $112.0M | $110.0M | $116.0M |
| Pretax Income | $141.1M | $-99.7M | $41.2M | $72.0M | $180.0M | $250.0M | $185.0M | $215.0M |
| Income Tax Expense | $-31.1M | $-19.3M | $32.9M | $37.0M | $20.0M | $17.0M | $52.0M | $51.0M |
| Net Income | $48.8M | $-39.4M | $54.5M | $30.0M | $155.0M | $229.0M | $127.0M | $150.0M |
| Net Margin | 29.9% | -38.3% | 54.2% | 0.7% | 3.8% | 5.7% | 3.2% | 3.8% |
| EPS (Basic) | $0.57 | $-0.46 | $0.64 | $0.35 | $1.80 | $2.66 | $1.47 | $1.75 |
| EPS (Diluted) | $0.56 | $-0.46 | $0.63 | $0.35 | $1.77 | $2.62 | $1.44 | $1.72 |
| Shares Outstanding (Basic) | 85.9M | 85.6M | 85.2M | 85.0M | 86.0M | 86.0M | 86.0M | 86.0M |
| Shares Outstanding (Diluted) | 87.3M | 85.6M | 86.7M | 86.0M | 87.0M | 87.0M | 88.0M | 87.0M |
| Dividends Per Share | $23.00 | — | — | — | — | — | — | — |