ARRAY DIGITAL INFRASTRUCTURE, INC. Q2 FY26 Results

Summary

Array Digital Infrastructure, Inc. reported strong second quarter 2026 operating results, with total revenues reaching $54.1 million, up 90% year-over-year. Site rental revenues were a key driver, growing 95% to $53.2 million, reflecting optimized tower operations and sequential tenancy growth. Net income attributable to shareholders surged to $333.8 million, with diluted EPS at $3.86, a significant improvement from the prior year. The company also updated its 2026 guidance, projecting revenues between $205 million and $215 million and Adjusted EBITDA between $220 million and $235 million.

Key Highlights

1. 1

   Array reported total operating revenues of $54.1 million for the second quarter of 2026, a significant increase from $28.5 million in the same period one year ago.

2. 2

   Site rental revenues grew by 95% year over year to $53.2 million in the second quarter of 2026.

3. 3

   Net income attributable to Array shareholders for the second quarter of 2026 was $333.8 million, a substantial rise from $14.8 million in Q2 2025.

4. 4

   Diluted earnings per share from continuing operations were $3.86 for Q2 2026, compared to $0.17 in the prior year's second quarter.

5. 5

   The company closed on the sale of certain spectrum licenses for a total of $1 billion on June 1, 2026, and issued a special dividend of $11 per common share.

6. 6

   Array updated its 2026 guidance, narrowing the revenue range to $205 million - $215 million and increasing the Adjusted EBITDA range to $220 million - $235 million.