Applied Digital (APLD) Capital Expenditures (2021 - 2026)
Applied Digital (APLD) posted Capital Expenditures of $1.4 billion for Q1 2026, up 2011.69% on a QoQ basis from -$73.3 million in Q4 2025, and up 340.95% year-over-year from $317.6 million in Q1 2025.
Applied Digital (APLD) Capital Expenditures (2021 - 2026) Analysis & Trends
Applied Digital's Capital Expenditures history runs 6 years deep, the most recent figure standing at $1.4 billion for Q1 2026.
- Quarterly Capital Expenditures rose 340.95% year-over-year to $1.4 billion in Q1 2026, while the trailing twelve-month figure through Feb 2026 was $1.3 billion (up 154.11% YoY) and the FY2025 annual result came in at $246.5 million, up 189.9% from the prior year.
- Capital Expenditures was $1.4 billion for Q1 2026 at Applied Digital, up from -$73.3 million in the prior quarter.
- Across five years, Capital Expenditures topped out at $1.4 billion in Q1 2026 and bottomed at -$236.9 million in Q2 2025.
- A 5-year average of $119.9 million and a median of $30.1 million in 2022 frame the typical range for Capital Expenditures.
- Annual changes were most pronounced in 2022 — Capital Expenditures soared 13142.74% — and 2025, when it plunged 639.33%.
- Applied Digital's Capital Expenditures stood at $62.0 million in 2022, then plunged by 78.63% to $13.2 million in 2023, then soared by 737.98% to $110.9 million in 2024, then plunged by 166.05% to -$73.3 million in 2025, then soared by 2011.69% to $1.4 billion in 2026.
- Business Quant data shows APLD's Capital Expenditures at $1.4 billion in Q1 2026, -$73.3 million in Q4 2025, and $249.4 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capital Expenditures (Qtr) |
|---|---|---|---|---|---|
| 1 | International Business Machines | 193.88 Bn | 178.95 Bn | 9.91 Bn | 229.00 Mn |
| 2 | Accenture | 84.94 Bn | 75.26 Bn | 6.13 Bn | 186.22 Mn |
| 3 | GDS Holdings | 50.55 Bn | 48.40 Bn | 164.04 Mn | -111.63 Mn |
| 4 | Infosys | 44.05 Bn | 44.79 Bn | 1.60 Bn | - |
| 5 | Cgi | 41.25 Bn | 40.60 Bn | - | -23.08 Mn |
| 6 | Fidelity National Information Services | 20.63 Bn | 19.87 Bn | 1.11 Bn | 50.00 Mn |
| 7 | Cognizant Technology Solutions | 20.39 Bn | 18.87 Bn | 1.78 Bn | 76.00 Mn |
| 8 | Wipro | 18.65 Bn | 17.52 Bn | 738.00 Mn | -35.69 Mn |
| 9 | Broadridge Financial Solutions | 16.79 Bn | 16.48 Bn | 626.90 Mn | 8.10 Mn |
| 10 | Applied Digital | 8.74 Bn | 7.74 Bn | 53.81 Mn | 1.40 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Feb 28, 2026 | 1.40 Bn |
| Feb 28, 2026 | 1.40 Bn |
| Nov 30, 2025 | -73.26 Mn |
| Nov 30, 2025 | -73.26 Mn |
| Aug 31, 2025 | 249.42 Mn |
| Aug 31, 2025 | 249.42 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 | 43.92 Mn |
| May 31, 2024 | 43.92 Mn |
| Feb 29, 2024 | -4.73 Mn |
| Feb 29, 2024 | -4.73 Mn |
| Nov 30, 2023 | 13.24 Mn |
| Nov 30, 2023 | 13.24 Mn |