Array Digital Infrastructure, Inc.
- AD ยท NYSE
- Radiotelephone Communications
- Chicago, IL
- 60 employees
- CIK 0000821130
Updated from SEC filings through
Top things to know
Revenue, FY2025$163M+58.3% vs FY2024Operating margin-56.8%Operating income -$92.5MEmployees60As of December 31, 2025
Next earningsNovember 6, 202608:30:00 America/New_York
Latest 8-KResults of operations and financial conditionFiled November 6, 2026 Executives
- Anthony J. Carlson President and CEO 4, 2026-04-06
- Elsa Ansani Vice President and Corporate Secretary DEF 14A, 2026-04-07
- Jane W. McCahon Corporate Secretary DEF 14A, 2025-08-26
What leadership is saying
“As Array marks its first year as a tower company, we continue to make meaningful progress against our 2026 strategic priorities”
Earnings press release (8-K Ex. 99.1), filed November 6, 2026
Array Digital Infrastructure, Inc. is a U.S. public company in radiotelephone communications (SIC 4812), headquartered in Chicago, IL. It trades as AD on NYSE. Revenue was $163M in the fiscal year ending December 31, 2025, +58.3% from the year before. It reported about 60 employees. Anthony J. Carlson is President and CEO.
Five-year financials
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $163M 10-K, 2026-02-20 | $103M 10-K, 2026-02-20 | $100M 10-K, 2026-02-20 | $4.2B 10-K, 2025-02-21 | $4.1B 10-K, 2024-02-16 |
| Operating income | -$92.5M 10-K, 2026-02-20 | -$260M 10-K, 2026-02-20 | -$112M 10-K, 2026-02-20 | $69.0M 10-K, 2025-02-21 | $170M 10-K, 2024-02-16 |
| SG&A | $84.4M 10-K, 2026-02-20 | $103M 10-K, 2026-02-20 | $101M 10-K, 2026-02-20 | $1.4B 10-K, 2025-02-21 | $1.3B 10-K, 2024-02-16 |
| Net income | $48.8M 10-K, 2026-02-20 | -$39.4M 10-K, 2026-02-20 | $54.5M 10-K, 2026-02-20 | $30.0M 10-K, 2025-02-21 | $155M 10-K, 2024-02-16 |
Annual figures from XBRL in each company's own filings. Click a figure to open the filing. SG&A marked derived is general and administrative plus selling and marketing.
Leadership and board
| Name | Title | Source |
|---|---|---|
| Xavier D. Williams | Board member (per proxy) bio: CEO of Network Wireless Solutions, LLC | DEF 14A, 2026-04-07 |
| Anthony J. Carlson | President and CEO | 4, 2026-04-06 |
| Douglas W. Chambers | Board member (per proxy) bio: Director and President and CEO of Array | DEF 14A, 2025-08-26 |
| Vicki L. Villacrez | Board member (per proxy) bio: Director and Executive Vice President, Chief Financial Officer and Treasurer of Array | DEF 14A, 2026-04-07 |
| Elsa Ansani | Vice President and Corporate Secretary | DEF 14A, 2026-04-07 |
| John M. Toomey | Board member (per proxy) bio: Treasurer and Vice President - Corporate Relations of TDS | DEF 14A, 2026-04-07 |
| Joseph R. Hanley | Board member (per proxy) bio: Senior Vice President-Strategy and Corporate Development, TDS | DEF 14A, 2025-08-26 |
| LeRoy T. Carlson, Jr. | Board member (per proxy) bio: Vice Chair, TDS | DEF 14A, 2026-04-07 |
| Jane W. McCahon | Corporate Secretary | DEF 14A, 2025-08-26 |
| Anthony J. M. Carlson | Board member (per proxy) bio: Director of Array | DEF 14A, 2026-04-07 |
| Esteban C. Iriarte | Board member (per proxy) bio: Director of Array | DEF 14A, 2026-04-07 |
| Harry J. Harczak, Jr. | Board member (per proxy) bio: Director of Array | DEF 14A, 2026-04-07 |
| Kenneth S. Dixon | Board member (per proxy) bio: Director of Array | DEF 14A, 2026-04-07 |
| Walter C. D. Carlson | Board member (per proxy) bio: Chair and Director of Array | DEF 14A, 2026-04-07 |
What Array Digital Infrastructure, Inc. does
On August 1, 2025, United States Cellular Corporation changed its name to Array Digital Infrastructure, Inc. (Array). Array is used throughout this report even when referring to historical periods. On August 12, 2025, the Array Common Shares ticker symbol on the New York Stock Exchange changed to "AD". Array connects America through digital infrastructure by leasing tower space to tenants and providing ancillary services. As of December 31, 2025 , Array owns 4,450 towers in 19 states.
Item 1. Business, 10-K for the year ending December 31, 2025
Shares and governance
| Shares outstanding | 53.2 million (as of June 30, 2010) | 10-Q, August 5, 2010 |
|---|---|---|
| Public float | $703M (as of June 28, 2019) | 10-K, February 25, 2020 |
| Reportable segments | 1 (period ending December 31, 2025) | 10-K, February 20, 2026 |
| Latest proxy statement | Meeting May 19, 2026 (filed April 7, 2026) | DEF 14A, April 7, 2026 |
| Auditor | PricewaterhouseCoopers LLP (Chicago, Illinois) | Latest 10-K |
Insider trades
Open-market buys and sales by officers and directors, from Forms 4 and 5. One row per filing.
| Date | Insider | Trade | Shares | Value | Source |
|---|---|---|---|---|---|
| September 11, 2026 | Harry J. Harczak Jr Director | Sale | 6,832 | $261K | Form 4, September 15, 2026 |
| August 18, 2025 | Harry J. Harczak Jr Director | Sale | 1,960 | $149K | Form 4, August 18, 2025 |
| August 12, 2025 | Douglas W. Chambers Interim President and CEO | Sale | 93,300 | $7.1M | Form 4, August 14, 2025 |
Recent 8-K events
- 8-K filed 2026-11-06
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-08-07
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-06-01
- Item 2.01 Completion of acquisition or disposition of assets
- Item 8.01 Other events
- 8-K filed 2026-05-21
- Item 5.07 Submission of matters to a vote of security holders
- 8-K filed 2026-05-08
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-05-08
- Item 8.01 Other events
- 8-K filed 2026-03-24
- Item 5.02 Departure or appointment of directors or officers; compensation
- 8-K filed 2026-02-20
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-01-13
- Item 2.01 Completion of acquisition or disposition of assets
- Item 8.01 Other events
- 8-K filed 2025-12-12
- Item 1.01 Entry into a material definitive agreement
Frequently asked questions about Array Digital Infrastructure, Inc.
- What does Array Digital Infrastructure, Inc. do?
- In its own words, from Item 1 of its 10-K: "On August 1, 2025, United States Cellular Corporation changed its name to Array Digital Infrastructure, Inc. (Array). Array is used throughout this report even when referring to historical periods. On August 12, 2025, the Array Common Shares ticker symbol on the New York Stock Exchange changed to "AD". Array connects America through digital infrastructure by leasing tower space to tenants and providing ancillary services. As of December 31, 2025 , Array owns 4,450 towers in 19 states."
- What is Array Digital Infrastructure, Inc.'s revenue?
- $163M for the fiscal year ending December 31, 2025, from its 10-K filed February 20, 2026.
- Is Array Digital Infrastructure, Inc. profitable?
- Array Digital Infrastructure, Inc. reported net income of $48.8M for the fiscal year ending December 31, 2025.
- How many employees does Array Digital Infrastructure, Inc. have?
- About 60 as of December 31, 2025, as stated in its annual report.
- Who is the CEO of Array Digital Infrastructure, Inc.?
- Anthony J. Carlson, President and CEO, as named in a 4 filed April 6, 2026.
- Where is Array Digital Infrastructure, Inc. headquartered?
- Chicago, IL.
- What is Array Digital Infrastructure, Inc.'s stock ticker?
- AD, UZD, UZE, UZF on NYSE.
- What industry is Array Digital Infrastructure, Inc. in?
- Radiotelephone Communications, SIC code 4812.
- What is Array Digital Infrastructure, Inc.'s website?
- arrayinc.com. Investor relations: https://investors.arrayinc.com/home/default.aspx.
- When does Array Digital Infrastructure, Inc. report earnings next?
- November 6, 2026 at 08:30:00. Source: ir_event.
- Is Array Digital Infrastructure, Inc. a public company?
- Yes. Array Digital Infrastructure, Inc. files with the SEC under CIK 0000821130 and trades as AD.
- Who audits Array Digital Infrastructure, Inc.?
- PricewaterhouseCoopers LLP, Chicago, Illinois, as named in its latest annual report (10-K).
- How many shares of Array Digital Infrastructure, Inc. are outstanding?
- 53.2 million shares as of June 30, 2010, from its 10-Q filed August 5, 2010.
- What is Array Digital Infrastructure, Inc.'s public float?
- $703M as of June 28, 2019, as reported on the cover of its 10-K filed February 25, 2020.
- How many business segments does Array Digital Infrastructure, Inc. report?
- 1 reportable segment for the period ending December 31, 2025, from its 10-K filed February 20, 2026.
- When is Array Digital Infrastructure, Inc.'s annual shareholder meeting?
- May 19, 2026, per its proxy statement (DEF 14A) filed April 7, 2026.
- Have Array Digital Infrastructure, Inc. insiders traded stock recently?
- Since August 12, 2025, officers and directors reported 3 open-market sales worth about $7.5M and 0 purchases on Forms 4 and 5. The most recent: Harry J. Harczak Jr (Director) sold 6,832 shares on September 11, 2026.