ARRAY DIGITAL INFRASTRUCTURE, INC. Q1 FY26 Results

Summary

Array Digital Infrastructure, Inc. reported first quarter 2026 operating results, with total operating revenues of $52.0 million, a significant increase from $27.0 million in the same period last year. Net income attributable to Array shareholders was $179.8 million, a substantial rise compared to $4.7 million in the prior year. Diluted earnings per share from continuing operations were $2.08, up from $0.05 year-over-year. The company reaffirmed its 2026 guidance and continues to focus on optimizing tower operations and closing pending spectrum transactions.

Key Highlights

1. 1

   Array Digital Infrastructure reported total operating revenues of $52.0 million for the first quarter of 2026, compared to $27.0 million for the same period one year ago.

2. 2

   Net income attributable to Array shareholders was $179.8 million for Q1 2026, compared to $4.7 million in the same period last year.

3. 3

   Diluted earnings per share from continuing operations were $2.08 for the first quarter of 2026, compared to $0.05 in the same period one year ago.

4. 4

   The company closed on the sale of certain 700 MHz wireless spectrum licenses for total proceeds of $74.8 million on May 5, 2026.

5. 5

   Site rental revenues grew 92% year over year.

6. 6

   Array closed on the sale of certain 3.45 GHz and 700 MHz wireless spectrum licenses for $1,018.0 million and recorded a book gain of $156.6 million during the first quarter of 2026.