Applied Digital APLD
NASDAQ APLD
$24.41 +0.99 (+4.23%)
As of: Sep 16, 2026 · 3:59 PM EDT

Applied Digital (APLD) Asset Utilization Ratio (2022 - 2026)

Applied Digital's (APLD) quarterly Asset Utilization Ratio came in at 0.07 in Q2 2026, down 27.19% on a YoY basis from 0.1 in Q2 2025, and up 10.93% quarter-over-quarter from 0.06 in Q1 2026.

Analysis

Applied Digital (APLD) Asset Utilization Ratio (2022 - 2026) Analysis & Trends

Applied Digital (APLD) has reported Asset Utilization Ratio for 5 consecutive years, with 0.07 the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Asset Utilization Ratio fell 27.19% year-over-year to 0.07; the trailing twelve-month figure through May 2026 stood at 0.07 (down 27.19% YoY), and the FY2026 full-year result was 0.1, down 40.32% from the prior year.
  • Asset Utilization Ratio rose to 0.07 in Q2 2026 per APLD's latest filing, from 0.06 in the prior quarter.
  • Across five years, Asset Utilization Ratio topped out at 0.28 in Q3 2023 and bottomed at 0.06 in Q1 2026.
  • Historically, Asset Utilization Ratio has averaged 0.16 across 5 years, with a median of 0.13 in 2024.
  • The sharpest annual moves came in 2023 and 2025: Asset Utilization Ratio surged 152.1% in 2023, then sank 59.73% in 2025.
  • Over 5 years, Asset Utilization Ratio stood at 0.18 in 2022, then jumped by 55.67% to 0.28 in 2023, then slumped by 53.89% to 0.13 in 2024, then tumbled by 39.34% to 0.08 in 2025, then fell by 7.83% to 0.07 in 2026.
  • According to Business Quant data, Asset Utilization Ratio over the past three periods registered 0.07, 0.06, and 0.08 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Equinix 100.35 Bn 98.13 Bn 1.40 Bn 0.24
2 Terawulf 7.45 Bn 4.69 Bn 32.37 Mn 0.02
3 Cipher Digital 6.82 Bn 2.80 Bn 9.79 Mn 0.03
4 Applied Digital 6.71 Bn 2.74 Bn 97.29 Mn 0.07
5 GDS Holdings 5.78 Bn 3.59 Bn 97.89 Mn 0.14
6 Core Scientific 5.48 Bn 3.54 Bn 70.04 Mn 0.11
7 Vnet 1.63 Bn 636.30 Mn 74.45 Mn 7.23
8 Sify Technologies 1.44 Bn 1.44 Bn 51.65 Mn -
9 WhiteFiber 666.74 Mn 606.37 Mn 18.88 Mn 0.12
10 Vulcan Infrastructure & Power 432.00 Mn 428.80 Mn -1.25 Mn 1.19
Historic Data

Historic Data

Download Data
DateValue
May 31, 2026 0.07
Feb 28, 2026 0.06
Nov 30, 2025 0.08
Aug 31, 2025 0.10
May 31, 2025 0.10
Feb 28, 2025 0.10
Nov 30, 2024 0.13
Aug 31, 2024 0.19
May 31, 2024 0.24
Feb 29, 2024 0.26
Nov 30, 2023 0.28
Aug 31, 2023 0.28
May 31, 2023 0.23
Feb 28, 2023 0.22
Nov 30, 2022 0.18
Aug 31, 2022 0.12
May 31, 2022 0.09