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Side-by-side financial comparison of ARRAY DIGITAL INFRASTRUCTURE, INC. (AD) and Kyivstar Group Ltd. (KYIV). Click either name above to swap in a different company.

Kyivstar Group Ltd. runs the higher net margin — 28.0% vs -2.3%, a 30.3% gap on every dollar of revenue. Kyivstar Group Ltd. produced more free cash flow last quarter ($311.0M vs $-210.7M).

Array Digital Infrastructure, Inc. is a digital infrastructure provider that owns, operates and develops strategically located data center facilities. It primarily serves cloud providers, enterprise customers, and telecommunications firms, with main operations across North American markets.

Kyivstar is a Ukrainian telecommunications operator offering fixed and mobile voice and data services, including 4G LTE, throughout Ukraine. The Kyivstar mobile network covers all cities of Ukraine, as well as more than 28,000 rural settlements, all major national and regional routes, most sea, and river coasts. As of 2024, Kyivstar served approximately 24 million mobile subscribers and over 1 million fixed-broadband customers. In 2024, Kyivstar partnered with Starlink to offer satellite-base...

AD vs KYIV — Head-to-Head

Bigger by revenue
KYIV
KYIV
-0.2× larger
KYIV
$321.0M
$-1.7B
AD
Higher net margin
KYIV
KYIV
30.3% more per $
KYIV
28.0%
-2.3%
AD
More free cash flow
KYIV
KYIV
$521.7M more FCF
KYIV
$311.0M
$-210.7M
AD

Income Statement — Q4 2025 vs Q4 2025

Metric
AD
AD
KYIV
KYIV
Revenue
$-1.7B
$321.0M
Net Profit
$38.2M
$90.0M
Gross Margin
Operating Margin
35.5%
Net Margin
-2.3%
28.0%
Revenue YoY
-279.1%
Net Profit YoY
664.4%
EPS (diluted)
$0.43
$0.41

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AD
AD
KYIV
KYIV
Q4 25
$-1.7B
$321.0M
Q3 25
$47.1M
$297.0M
Q4 24
$944.0M
Q3 24
$896.0M
Q2 24
$902.0M
Q1 24
$925.0M
Q4 23
$974.0M
Q3 23
$938.0M
Net Profit
AD
AD
KYIV
KYIV
Q4 25
$38.2M
$90.0M
Q3 25
$-38.5M
$-89.0M
Q4 24
$5.0M
Q3 24
$-79.0M
Q2 24
$17.0M
Q1 24
$18.0M
Q4 23
$15.9M
Q3 23
$23.0M
Gross Margin
AD
AD
KYIV
KYIV
Q4 25
Q3 25
55.5%
45.5%
Q4 24
Q3 24
98.0%
Q2 24
Q1 24
Q4 23
Q3 23
Operating Margin
AD
AD
KYIV
KYIV
Q4 25
35.5%
Q3 25
-113.1%
-16.2%
Q4 24
-1.0%
Q3 24
-10.0%
Q2 24
4.0%
Q1 24
5.5%
Q4 23
-23.5%
Q3 23
6.1%
Net Margin
AD
AD
KYIV
KYIV
Q4 25
-2.3%
28.0%
Q3 25
-81.6%
-30.0%
Q4 24
0.5%
Q3 24
-8.8%
Q2 24
1.9%
Q1 24
1.9%
Q4 23
1.6%
Q3 23
2.5%
EPS (diluted)
AD
AD
KYIV
KYIV
Q4 25
$0.43
$0.41
Q3 25
$-0.44
$-0.41
Q4 24
$0.06
Q3 24
$-0.92
Q2 24
$0.20
Q1 24
$0.20
Q4 23
$0.17
Q3 23
$0.26

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AD
AD
KYIV
KYIV
Cash + ST InvestmentsLiquidity on hand
$113.4M
$455.0M
Total DebtLower is stronger
$670.3M
Stockholders' EquityBook value
$2.6B
$1.3B
Total Assets
$4.7B
$2.1B
Debt / EquityLower = less leverage
0.26×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AD
AD
KYIV
KYIV
Q4 25
$113.4M
$455.0M
Q3 25
$325.6M
$472.0M
Q4 24
$144.0M
Q3 24
$272.0M
Q2 24
$195.0M
Q1 24
$185.0M
Q4 23
$150.0M
Q3 23
$153.0M
Total Debt
AD
AD
KYIV
KYIV
Q4 25
$670.3M
Q3 25
$671.9M
Q4 24
$2.8B
Q3 24
$2.9B
Q2 24
$2.9B
Q1 24
$3.0B
Q4 23
$3.0B
Q3 23
$2.9B
Stockholders' Equity
AD
AD
KYIV
KYIV
Q4 25
$2.6B
$1.3B
Q3 25
$2.5B
$1.2B
Q4 24
$4.6B
Q3 24
$4.6B
Q2 24
$4.7B
Q1 24
$4.7B
Q4 23
$4.6B
Q3 23
$4.6B
Total Assets
AD
AD
KYIV
KYIV
Q4 25
$4.7B
$2.1B
Q3 25
$4.9B
$2.0B
Q4 24
$10.4B
Q3 24
$10.5B
Q2 24
$10.6B
Q1 24
$10.7B
Q4 23
$10.8B
Q3 23
$10.7B
Debt / Equity
AD
AD
KYIV
KYIV
Q4 25
0.26×
Q3 25
0.27×
Q4 24
0.62×
Q3 24
0.63×
Q2 24
0.62×
Q1 24
0.65×
Q4 23
0.66×
Q3 23
0.63×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AD
AD
KYIV
KYIV
Operating Cash FlowLast quarter
$-202.1M
$558.0M
Free Cash FlowOCF − Capex
$-210.7M
$311.0M
FCF MarginFCF / Revenue
12.5%
96.9%
Capex IntensityCapex / Revenue
-0.5%
76.9%
Cash ConversionOCF / Net Profit
-5.29×
6.20×
TTM Free Cash FlowTrailing 4 quarters
$-321.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AD
AD
KYIV
KYIV
Q4 25
$-202.1M
$558.0M
Q3 25
$-82.1M
$406.0M
Q4 24
$122.0M
Q3 24
$245.0M
Q2 24
$313.0M
Q1 24
$203.0M
Q4 23
$147.9M
Q3 23
$329.0M
Free Cash Flow
AD
AD
KYIV
KYIV
Q4 25
$-210.7M
$311.0M
Q3 25
$-210.5M
$250.0M
Q4 24
$-16.0M
Q3 24
$116.0M
Q2 24
$176.0M
Q1 24
$70.0M
Q4 23
$-265.5M
Q3 23
$226.0M
FCF Margin
AD
AD
KYIV
KYIV
Q4 25
12.5%
96.9%
Q3 25
-446.8%
84.2%
Q4 24
-1.7%
Q3 24
12.9%
Q2 24
19.5%
Q1 24
7.6%
Q4 23
-27.3%
Q3 23
24.1%
Capex Intensity
AD
AD
KYIV
KYIV
Q4 25
-0.5%
76.9%
Q3 25
272.5%
52.5%
Q4 24
14.6%
Q3 24
14.4%
Q2 24
15.2%
Q1 24
14.4%
Q4 23
42.4%
Q3 23
11.0%
Cash Conversion
AD
AD
KYIV
KYIV
Q4 25
-5.29×
6.20×
Q3 25
Q4 24
24.40×
Q3 24
Q2 24
18.41×
Q1 24
11.28×
Q4 23
9.29×
Q3 23
14.30×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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