Filing Flows › Array Digital Infrastructure (AD) › Q2 2025
Array Digital Infrastructure (AD) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 11, 2025
Array Digital Infrastructure (AD) reported revenue of $916M for the second quarter 2025 (Q2 2025), -1% from a year earlier and +3% from the quarter before. Operating margin was 3.8%, net earnings $31.5M (3.4% of revenue).
Array Digital Infrastructure, Q2 2025: revenue $916M (-1% year over year), operating margin 3.8%, net earnings $31.5M, operating cash flow $325M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $916M | +3% | -1% |
| Operating profit | $35.0M | -15% | -3% |
| Net earnings | $31.5M | +73% | +85% |
| Operating cash flow | $325M | +104% | +4% |
| Free cash flow | $250M | +187% | +42% |
What changed
Revenue was $916.0M in Q2 2025, down 1% year over year and up 3% from the previous quarter.
Operating profit was $35.0M, a 3.8% margin (down 0.1 points year over year). Total costs fell 1% while revenue fell 1%. Net earnings were $31.5M, up 85% year over year. The effective tax rate was 11.1%.
Operating cash flow was $325.3M (up 4% year over year), 1010% of net income including minority interests. Non-cash charges added back $163.0M of depreciation and amortization and $12.0M of share-based compensation. Working capital and other items added $118.1M. Capital expenditures of $75.0M left free cash flow of $250.3M.
Questions
What was Array Digital Infrastructure's revenue in the second quarter 2025?
Array Digital Infrastructure (AD) reported revenue of $916M for the second quarter 2025 (Q2 2025), -1% from a year earlier and +3% from the quarter before.
Was Array Digital Infrastructure profitable in the second quarter 2025?
Operating profit was $35.0M (3.8% of revenue) and net earnings $31.5M.