Applied Digital (APLD) Accumulated Expenses (2023 - 2026)

Applied Digital (APLD) reported Accumulated Expenses of $377.0 million for Q1 2026, up 1856.53% on a YoY basis from $19.3 million in Q1 2025, and up 81.72% quarter-over-quarter from $207.5 million in Q4 2025.

Applied Digital (APLD) Accumulated Expenses (2023 - 2026) Analysis & Trends

Applied Digital has reported Accumulated Expenses for 4 years, with the latest figure at $377.0 million in Q1 2026.

  • For the quarter ending Q1 2026, Accumulated Expenses rose 1856.53% year-over-year to $377.0 million; the trailing twelve-month figure through Feb 2026 stood at $377.0 million (up 1856.53% YoY), and the FY2025 full-year result was $30.1 million, up 21.94% from the prior year.
  • Accumulated Expenses for Q1 2026 stood at $377.0 million, up from $207.5 million in the prior quarter.
  • The five-year high for Accumulated Expenses was $377.0 million in Q1 2026, with the low at $10.0 million in Q2 2023.
  • Historically, Accumulated Expenses has averaged $80.1 million across 4 years, with a median of $27.1 million in 2024.
  • Annual changes were most pronounced in 2025 — Accumulated Expenses slumped 30.05% — and 2026, when it jumped 1856.53%.
  • Applied Digital's Accumulated Expenses stood at $10.5 million in 2023, then soared by 200.1% to $31.6 million in 2024, then soared by 555.98% to $207.5 million in 2025, then jumped by 81.72% to $377.0 million in 2026.
  • The last three Accumulated Expenses figures came in at $377.0 million (Q1 2026), $207.5 million (Q4 2025), and $182.9 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Infosys 250,975,992.28 Bn 250,975,991.00 Bn 1.56 Bn
2 International Business Machines 267.32 Bn 252.39 Bn 8.95 Bn
3 Wipro 138.60 Bn 137.44 Bn 751.00 Mn
4 Accenture 109.98 Bn 101.66 Bn 16.30 Bn
5 Cognizant Technology Solutions 25.38 Bn 23.86 Bn 1.78 Bn
6 Fidelity National Information Services 21.09 Bn 20.34 Bn 1.11 Bn
7 Broadridge Financial Solutions 17.60 Bn 17.30 Bn 626.90 Mn
8 Cdw 17.16 Bn 16.58 Bn 1.19 Bn
9 Leidos Holdings 15.68 Bn 15.27 Bn 761.00 Mn
10 Applied Digital 11.17 Bn 10.17 Bn 53.81 Mn

Historic Data

Download Data
DateValue
Feb 28, 2026 376.99 Mn
Nov 30, 2025 207.45 Mn
Aug 31, 2025 182.95 Mn
May 31, 2025 30.12 Mn
Feb 28, 2025 19.27 Mn
Nov 30, 2024 31.63 Mn
Aug 31, 2024 26.72 Mn
May 31, 2024 24.70 Mn
Feb 29, 2024 27.55 Mn
Nov 30, 2023 10.54 Mn
Aug 31, 2023 12.74 Mn
May 31, 2023 9.96 Mn