PR Newswire·Nov 6, 2026, 7:30 AM ET

Array reports third quarter 2026 results

Array Digital Infrastructure, Inc. reported third quarter 2026 operating results with total operating revenues of $53.9 million, up 14% year-over-year.
Net income attributable to shareholders for the quarter was $69.6 million, or $0.81 per diluted share, compared to $108.8 million ($1.25 per share) in the prior year period.
Site rental revenues grew 14% year-over-year to $52.475 million, while the company delivered consecutive quarter-over-quarter colocation growth.
Array reaffirmed its full-year 2026 financial guidance, keeping estimates for total operating revenues ($205-$215 million), Adjusted OIBDA ($60-$75 million), Adjusted EBITDA ($220-$235 million), and capital expenditures ($25-$35 million) unchanged.
The company received regulatory approval on October 7, 2026, for remaining pending spectrum sales to T-Mobile, with closings expected in 2026 subject to FCC finality.
TDS announced on September 1, 2026, that it is no longer pursuing its May 2026 non-binding proposal to acquire all outstanding Array Common Shares not owned by TDS.
As of September 30, 2026, Array owns 4,455 towers in 19 states, with TDS holding approximately 81.9% ownership.
Nine months ended September 30, 2026, total operating revenues reached $159.95 million, representing a 56% increase from the same period in 2025.
Array will hold a teleconference on November 6, 2026, at 9:00 a.m. CT to discuss these results, accessible via investors.arrayinc.com.