Array Digital Infrastructure, Inc. 5.500% Senior Notes due 2070 (UZF) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Cash from Operations | 23.83M | -202.06M | -82.1M | 325M | 160M | 122M | 245M | 313M | 203M | 147M | 329M | 349M | 41M | 180M | 74M | 267M | 311M | 135M | 304M | 239M |
| Operating CF Margin % | 45.81% | -334.93% | -174.24% | 35.48% | 17.96% | 12.56% | 26.57% | 33.76% | 21.37% | 14.7% | 34.16% | 36.47% | 4.16% | 17.16% | 6.83% | 26% | 30.79% | 12.63% | 29.92% | 23.57% |
| Operating CF Growth % | -85.11% | -265.62% | -133.51% | 3.83% | -21.18% | -17.01% | -25.53% | -10.32% | 395.12% | -18.33% | 344.59% | 30.71% | -86.82% | 33.33% | -75.66% | 11.72% | 150.81% | -52.96% | 17.83% | -31.71% |
| Net Income | 177.99M | 41.36M | 92.03M | 32M | 20M | 5M | -79M | 18M | 18M | 14M | 23M | 5M | 13M | -28M | -12M | 21M | 49M | 27M | 34M | 35M |
| Depreciation & Amortization | 12.6M | 12.4M | 11.87M | 162M | 163M | 166M | 170M | 164M | 165M | 189M | 160M | 160M | 170M | 180M | 178M | 171M | 171M | 168M | 160M | 180M |
| Stock-Based Compensation | 227K | 0 | 0 | 12M | 17M | 18M | 12M | 12M | 13M | 0 | 8M | -7M | 13M | 6M | 4M | 7M | 7M | 7M | 8M | 6M |
| Deferred Taxes | -62.26M | 43.35M | -72.09M | -1M | -8M | 8M | -46M | 7M | 0 | 6M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | -188.19M | -212.34M | 29.86M | 58M | -3M | 62M | 138M | 52M | 33M | 38M | 98M | 123M | -139M | 70M | 25M | 131M | 94M | 25M | 50M | 47M |
| Working Capital Changes | 83.46M | -86.83M | -143.77M | 62M | -29M | -137M | 50M | 60M | -26M | -100M | 40M | 68M | -16M | -48M | -121M | -63M | -10M | -92M | 52M | -29M |
| Change in Receivables | 9.51M | -1.47M | -28.16M | -16M | 39M | -90M | 38M | -14M | 18M | -53M | 8M | 4M | 38M | -73M | -143M | -57M | 15M | -118M | -16M | 5M |
| Change in Inventory | 0 | 0 | 0 | 51M | 1M | -17M | -19M | 33M | 24M | -24M | 34M | 53M | -1M | -17M | -38M | -29M | -4M | -37M | 47M | -44M |
| Change in Payables | -7.33M | -31.57M | 26.23M | 13M | -17M | -31M | 12M | 15M | 0 | -46M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash from Investing | 1B | -8.6M | 2.6B | -76M | -74M | -141M | -131M | -140M | -144M | -257M | -119M | -153M | -192M | -203M | -125M | -141M | -710M | -304M | -198M | -146M |
| Capital Expenditures | 1B | -8.6M | 2.6B | -75M | -72M | -138M | -129M | -137M | -133M | -257M | -103M | -155M | -196M | -193M | -121M | -138M | -710M | -268M | -175M | -148M |
| CapEx % of Revenue | 1930.75% | 14.26% | 5510.23% | 8.19% | 8.08% | 14.21% | 13.99% | 14.78% | 14% | 25.7% | 10.7% | 16.2% | 19.88% | 18.4% | 11.17% | 13.44% | 70.3% | 25.07% | 17.22% | 14.6% |
| Acquisitions | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | 0 | 2.46B | -1M | -2M | -3M | -2M | -3M | -11M | -103M | -16M | 2M | 4M | -10M | -4M | -3M | -560M | -36M | -23M | 2M |
| Cash from Financing | -887.81M | -1.56M | -2.59B | -49M | -44M | -110M | -41M | -168M | -28M | 104M | -249M | -172M | 43M | 42M | -15M | -115M | 544M | 105M | -140M | -308M |
| Debt Issued (Net) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Equity Issued (Net) | 0 | 0 | -360K | -36M | -21M | -28M | -26M | -12M | 0 | 0 | 0 | -6M | 0 | -15M | -10M | -13M | -10M | -10M | -22M | -14M |
| Dividends Paid | -885.47M | 0 | -1.99B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | -360K | -36M | -21M | -28M | -26M | 0 | 0 | 0 | 0 | -6M | 0 | -15M | -10M | -13M | -10M | -10M | -22M | 0 |
| Other Financing | -2.34M | -811K | -58.78M | -6M | -18M | -37M | -10M | -13M | -13M | -38M | -10M | -13M | -9M | -16M | -5M | -1M | 55M | -9M | -1M | -4M |
| Net Change in Cash | 140.24M | -212.23M | -75.37M | 200M | 42M | -129M | 73M | 5M | 31M | -6M | -39M | 24M | -108M | 19M | -66M | 11M | 145M | -64M | -34M | -215M |
| Free Cash Flow | 1.03B | -210.66M | 2.51B | 248M | 86M | -19M | 114M | 172M | 70M | -110M | 226M | 194M | -155M | -13M | -47M | 129M | -399M | -133M | 129M | 91M |
| FCF Margin % | 1976.56% | -349.19% | 5335.99% | 27.07% | 9.65% | -1.96% | 12.36% | 18.55% | 7.37% | -11% | 23.47% | 20.27% | -15.72% | -1.24% | -4.34% | 12.56% | -39.51% | -12.44% | 12.7% | 8.97% |
| FCF Growth % | 1095.4% | -1008.76% | 2105.5% | 44.19% | 22.86% | 82.73% | -49.56% | -11.34% | 145.16% | -746.15% | 580.85% | 50.39% | 61.15% | 90.23% | -136.43% | 41.76% | 68.43% | -1008.33% | 230.77% | 49.18% |
| FCF per Share | 11.89 | -2.44 | 28.95 | 2.82 | 0.98 | -0.22 | 1.33 | 1.95 | 0.80 | -1.25 | 2.63 | 2.26 | -1.80 | -0.15 | -0.55 | 1.48 | -4.59 | -1.53 | 1.48 | 1.03 |
| FCF Conversion (FCF/Net Income) | 0.13x | -5.00x | -0.41x | 10.48x | 8.89x | 24.40x | -3.10x | 18.41x | 11.28x | 10.50x | 14.30x | 69.80x | 3.15x | -6.43x | -6.17x | 12.71x | 6.35x | 5.00x | 8.94x | 6.83x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 189M | 0 | 0 | 0 | 154M | 0 | 0 | 0 | 143M | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |