Applied Digital APLD
NASDAQ APLD
$27.21 -1.44 (-5.03%)
At close: Aug 21, 2026 · 4:00 PM EDT

Applied Digital (APLD) Capital Expenditures (2021 - 2026)

Applied Digital's (APLD) quarterly Capital Expenditures came in at $1.3 billion in Q2 2026, up 550.18% YoY from $198.3 million in Q2 2025, and up 66.29% on a QoQ basis from $775.2 million in Q1 2026.

Applied Digital (APLD) Capital Expenditures (2021 - 2026) Analysis & Trends

Applied Digital (APLD) has 6 years of Capital Expenditures data on file, last reported at $1.3 billion in Q2 2026.

  • Quarterly Capital Expenditures rose 550.18% year-over-year to $1.3 billion in Q2 2026, while the trailing twelve-month figure through May 2026 was $2.9 billion (up 320.44% YoY) and the FY2026 annual result came in at $2.9 billion, up 320.44% from the prior year.
  • Capital Expenditures improved to $1.3 billion in Q2 2026, from $775.2 million in the prior quarter.
  • In the past five years, Capital Expenditures ranged from a high of $1.3 billion in Q2 2026 to a low of $13.2 million in Q4 2023.
  • A 5-year average of $214.7 million and a median of $48.0 million in 2022 frame the typical range for Capital Expenditures.
  • Annual changes were most pronounced in 2022 — Capital Expenditures jumped 133870.0% — and 2023, when it slumped 65.74%.
  • Tracing APLD's Capital Expenditures over 5 years: stood at $38.6 million in 2022, then tumbled by 65.74% to $13.2 million in 2023, then surged by 726.52% to $109.4 million in 2024, then soared by 404.6% to $552.1 million in 2025, then soared by 133.5% to $1.3 billion in 2026.
  • The last three Capital Expenditures figures came in at $1.3 billion (Q2 2026), $775.2 million (Q1 2026), and $552.1 million (Q4 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capex (Qtr)
1 International Business Machines 222.17 Bn 210.81 Bn 9.91 Bn 229.00 Mn
2 Accenture 113.08 Bn 102.91 Bn 6.13 Bn 186.22 Mn
3 Infosys 48.61 Bn 48.61 Bn 1.60 Bn -
4 Cgi 33.08 Bn 32.62 Bn - -20.01 Mn
5 Cognizant Technology Solutions 28.83 Bn 27.78 Bn 1.83 Bn 99.00 Mn
6 Fidelity National Information Services 21.35 Bn 20.61 Bn 1.17 Bn 230.00 Mn
7 Broadridge Financial Solutions 21.18 Bn 20.78 Bn 853.00 Mn 34.90 Mn
8 Wipro 19.66 Bn 18.59 Bn 738.00 Mn -35.69 Mn
9 Leidos Holdings 17.81 Bn 17.07 Bn 817.00 Mn 32.00 Mn
10 Applied Digital 7.53 Bn 3.55 Bn 97.29 Mn 1.29 Bn

Historic Data

Download Data
DateValue
May 31, 2026 1.29 Bn
May 31, 2026 1.29 Bn
Feb 28, 2026 775.21 Mn
Feb 28, 2026 775.21 Mn
Nov 30, 2025 552.07 Mn
Nov 30, 2025 552.07 Mn
Aug 31, 2025 249.42 Mn
Aug 31, 2025 249.42 Mn
May 31, 2025 198.26 Mn
May 31, 2025 198.26 Mn
Feb 28, 2025 257.49 Mn
Feb 28, 2025 257.49 Mn
Nov 30, 2024 109.41 Mn
Nov 30, 2024 109.41 Mn
Aug 31, 2024 116.44 Mn
Aug 31, 2024 116.44 Mn
May 31, 2024 57.37 Mn
May 31, 2024 57.37 Mn
Feb 29, 2024 38.61 Mn
Feb 29, 2024 38.61 Mn