Array sees FY adjusted EBITDA $200M to $215M

Array sees FY adjusted EBITDA $200M to $215M

Array Reports FY 2025 Results and Issues 2026 Guidance
Array (NYSE: AD) announced full-year 2025 financial results and provided 2026 guidance on February 20, 2026. For FY 2025, the company reported revenue of $163.0 million, net income attributable to shareholders of $169.7 million, and diluted earnings per share (EPS) of $1.94. Q4 2025 revenue totaled $60.3 million, with diluted EPS of $0.48.

The company completed the sale of its wireless operations and spectrum to T-Mobile and sold 3.45GHz and 700MHz licenses to AT&T in January 2026. These transactions enabled Array to pay special dividends of $23.00 and $10.25 per share, respectively.

For 2026, Array provided guidance of total revenue between $200–$215 million and adjusted EBITDA of $200–$215 million. The guidance also includes adjusted OIBDA of $50–$65 million. The company emphasized that its strategic focus on asset optimization and capital return has strengthened its financial position, with the 2026 outlook reflecting anticipated operational efficiency and disciplined cost management.

Array's FY 2025 results highlight strong profitability, with net income exceeding revenue due to favorable cost controls and asset sales. The 2026 guidance suggests a continuation of this trend, with adjusted EBITDA projected to align with total revenue, indicating a high-margin business model. Management attributed the outlook to ongoing operational improvements and the absence of legacy liabilities following the divestitures.

Investors should note that the 2026 guidance excludes the impact of the recently completed asset sales, which contributed to FY 2025 results. The company's focus on capital return, including the new $200 million share repurchase program, underscores its commitment to shareholder value.

(https://www.stocktitan.net/news/AD/array-reports-fourth-quarter-and-full-year-2025-qui3j0ahxbcd.html): Source: Array reports fourth quarter and full year 2025 results, Stock Titan, February 20, 2026.