Array Digital Infrastructure, I
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $48.8M | $-39.4M | $54.5M | $30.0M | $155.0M | $229.0M | $127.0M | $150.0M |
| Depreciation & Amortization | $39.1M | $38.8M | $41.7M | $682.0M | $662.0M | $669.0M | $689.0M | $627.0M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | $1.8M | $2.7M | $1.1M | $24.0M | $27.0M | $32.0M | $41.0M | $37.0M |
| Net Cash from Operating Activities | $200.8M | $882.5M | $866.9M | $832.0M | $802.0M | $1.24B | $724.0M | $709.0M |
| Investing Activities | ||||||||
| Capital Expenditures | $27.2M | $18.5M | $40.6M | $602.0M | $724.0M | $989.0M | $650.0M | $512.0M |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $2.44B | $-556.2M | $-720.9M | $-1.18B | $-2.04B | $-1.16B | $-864.0M | $-464.0M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | $21.4M | $54.1M | $0 | $43.0M | $31.0M | $23.0M | $21.0M | $0 |
| Net Cash from Financing Activities | $-2.68B | $-347.0M | $-274.3M | $456.0M | $142.0M | $926.0M | $-152.0M | $-14.0M |
| Net Change in Cash | $-45.7M | $-20.8M | $-128.4M | $109.0M | $-1.09B | $1.00B | $-292.0M | $231.0M |
| Free Cash Flow | $173.6M | $864.0M | $826.2M | $230.0M | $78.0M | $248.0M | $74.0M | $197.0M |