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| Date | Value |
|---|---|
| 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 |