Applied Digital (APLD) Capital Expenditures (2021 - 2026)
Applied Digital (APLD) reported Capital Expenditures of $775.2 million for Q1 2026, up 144.07% on a YoY basis from $317.6 million in Q1 2025, and up 15.81% quarter-over-quarter from $669.4 million in Q4 2025.
Applied Digital (APLD) Capital Expenditures (2021 - 2026) Analysis & Trends
Applied Digital has reported Capital Expenditures for 6 years, with the latest figure at $775.2 million in Q1 2026.
- For the quarter ending Q1 2026, Capital Expenditures rose 144.07% year-over-year to $775.2 million; the trailing twelve-month figure through Feb 2026 stood at $1.3 billion (up 176.87% YoY), and the FY2025 full-year result was $246.5 million, up 189.9% from the prior year.
- Capital Expenditures for Q1 2026 stood at $775.2 million, up from $669.4 million in the prior quarter.
- The five-year high for Capital Expenditures was $775.2 million in Q1 2026, with the low at -$236.9 million in Q2 2025.
- Historically, Capital Expenditures has averaged $123.2 million across 5 years, with a median of $38.6 million in 2022.
- Annual changes were most pronounced in 2022 — Capital Expenditures jumped 8233.05% — and 2025, when it sank 40798.97%.
- Applied Digital's Capital Expenditures stood at $38.6 million in 2022, then tumbled by 56.4% to $16.8 million in 2023, then soared by 558.57% to $110.9 million in 2024, then surged by 503.46% to $669.4 million in 2025, then increased by 15.81% to $775.2 million in 2026.
- The last three Capital Expenditures figures came in at $775.2 million (Q1 2026), $669.4 million (Q4 2025), and $132.1 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capital Expenditures (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 | 232.00 Mn |
| 3 | Wipro | 138.60 Bn | 137.44 Bn | 751.00 Mn | - |
| 4 | Accenture | 109.98 Bn | 101.66 Bn | 16.30 Bn | 149.69 Mn |
| 5 | Cognizant Technology Solutions | 25.38 Bn | 23.86 Bn | 1.78 Bn | 76.00 Mn |
| 6 | Fidelity National Information Services | 21.09 Bn | 20.34 Bn | 1.11 Bn | 211.00 Mn |
| 7 | Broadridge Financial Solutions | 17.60 Bn | 17.30 Bn | 626.90 Mn | 40.80 Mn |
| 8 | Cdw | 17.16 Bn | 16.58 Bn | 1.19 Bn | 26.40 Mn |
| 9 | Leidos Holdings | 15.68 Bn | 15.27 Bn | 761.00 Mn | 31.00 Mn |
| 10 | Applied Digital | 11.17 Bn | 10.17 Bn | 53.81 Mn | 775.21 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Feb 28, 2026 | 775.21 Mn |
| Feb 28, 2026 | 775.21 Mn |
| Nov 30, 2025 | 669.38 Mn |
| Nov 30, 2025 | 669.38 Mn |
| Aug 31, 2025 | 132.11 Mn |
| Aug 31, 2025 | 132.11 Mn |
| May 31, 2025 | -236.87 Mn |
| May 31, 2025 | -236.87 Mn |
| Feb 28, 2025 | 317.62 Mn |
| Feb 28, 2025 | 317.62 Mn |
| Nov 30, 2024 | 110.92 Mn |
| Nov 30, 2024 | 110.92 Mn |
| Aug 31, 2024 | 54.80 Mn |
| Aug 31, 2024 | 54.80 Mn |
| May 31, 2024 | 582,000.00 |
| May 31, 2024 | 582,000.00 |
| Feb 29, 2024 | 60.87 Mn |
| Feb 29, 2024 | 60.87 Mn |
| Nov 30, 2023 | 16.84 Mn |
| Nov 30, 2023 | 16.84 Mn |