Applied Digital (APLD) Assets Average (2022 - 2026)
Applied Digital's (APLD) quarterly Assets Average came in at $8.1 billion in Q2 2026, up 352.17% on a YoY basis from $1.8 billion in Q2 2025, and up 40.95% quarter-over-quarter from $5.7 billion in Q1 2026.
Analysis
Applied Digital (APLD) Assets Average (2022 - 2026) Analysis & Trends
Applied Digital (APLD) has reported Assets Average for 5 consecutive years, with $8.1 billion the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Assets Average rose 352.17% year-over-year to $8.1 billion; the trailing twelve-month figure through May 2026 stood at $8.1 billion (up 352.17% YoY), and the FY2026 full-year result was $5.9 billion, up 348.14% from the prior year.
- Assets Average improved to $8.1 billion in Q2 2026 per APLD's latest filing, from $5.7 billion in the prior quarter.
- Across five years, Assets Average topped out at $8.1 billion in Q2 2026 and bottomed at $91.7 million in Q2 2022.
- Historically, Assets Average has averaged $1.7 billion across 5 years, with a median of $703.0 million in 2024.
- The sharpest annual moves came in 2023 and 2026: Assets Average soared 130.58% in 2023, then soared 352.17% in 2026.
- Over 5 years, Assets Average stood at $156.7 million in 2022, then soared by 164.81% to $414.9 million in 2023, then jumped by 198.97% to $1.2 billion in 2024, then jumped by 207.48% to $3.8 billion in 2025, then surged by 112.05% to $8.1 billion in 2026.
- According to Business Quant data, Assets Average over the past three periods registered $8.1 billion, $5.7 billion, and $3.8 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Assets Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Equinix | 102.22 Bn | 100.02 Bn | 1.40 Bn | 40.99 Bn |
| 2 | Terawulf | 8.24 Bn | 5.48 Bn | 32.37 Mn | 7.53 Bn |
| 3 | Applied Digital | 7.59 Bn | 5.57 Bn | 97.29 Mn | 8.09 Bn |
| 4 | Cipher Digital | 7.35 Bn | 3.35 Bn | 9.79 Mn | 6.95 Bn |
| 5 | GDS Holdings | 6.47 Bn | 4.41 Bn | 97.89 Mn | 12.42 Bn |
| 6 | Core Scientific | 5.72 Bn | 3.78 Bn | 70.04 Mn | 4.16 Bn |
| 7 | Vnet | 1.71 Bn | 828.02 Mn | 74.45 Mn | 213.90 Mn |
| 8 | Sify Technologies | 1.56 Bn | 1.56 Bn | 51.65 Mn | - |
| 9 | WhiteFiber | 758.96 Mn | 698.59 Mn | 18.88 Mn | 766.12 Mn |
| 10 | Vulcan Infrastructure & Power | 445.09 Mn | 441.89 Mn | -1.25 Mn | 42.69 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 8.09 Bn |
| Feb 28, 2026 | 5.74 Bn |
| Nov 30, 2025 | 3.81 Bn |
| Aug 31, 2025 | 2.13 Bn |
| May 31, 2025 | 1.79 Bn |
| Feb 28, 2025 | 1.63 Bn |
| Nov 30, 2024 | 1.24 Bn |
| Aug 31, 2024 | 850.30 Mn |
| May 31, 2024 | 703.02 Mn |
| Feb 29, 2024 | 561.91 Mn |
| Nov 30, 2023 | 414.90 Mn |
| Aug 31, 2023 | 306.56 Mn |
| May 31, 2023 | 235.78 Mn |
| Feb 28, 2023 | 187.53 Mn |
| Nov 30, 2022 | 156.68 Mn |
| Aug 31, 2022 | 132.95 Mn |
| May 31, 2022 | 91.74 Mn |