Applied Digital (APLD) Capital Leases (2022 - 2026)

Applied Digital (APLD) posted Capital Leases of $20.5 million for Q1 2026, up 256175.0% on a QoQ basis from $8000.0 in Q4 2025, and down 36.39% year-over-year from $32.2 million in Q1 2025.

Applied Digital (APLD) Capital Leases (2022 - 2026) Analysis & Trends

Applied Digital's Capital Leases history runs 5 years deep, the most recent figure standing at $20.5 million for Q1 2026.

  • Quarterly Capital Leases fell 36.39% year-over-year to $20.5 million in Q1 2026, while the trailing twelve-month figure through Feb 2026 was $20.5 million (down 36.39% YoY) and the FY2025 annual result came in at $15000.0, down 99.56% from the prior year.
  • Capital Leases was $20.5 million for Q1 2026 at Applied Digital, up from $8000.0 in the prior quarter.
  • Across five years, Capital Leases topped out at $63.8 million in Q1 2024 and bottomed at $8000.0 in Q4 2025.
  • A 5-year average of $23.1 million and a median of $20.5 million in 2026 frame the typical range for Capital Leases.
  • Annual changes were most pronounced in 2023 — Capital Leases jumped 90.53% — and 2025, when it sank 99.99%.
  • Applied Digital's Capital Leases stood at $4.4 million in 2022, then soared by 740.15% to $36.7 million in 2023, then soared by 69.8% to $62.4 million in 2024, then sank by 99.99% to $8000.0 in 2025, then surged by 256175.0% to $20.5 million in 2026.
  • Business Quant data shows APLD's Capital Leases at $20.5 million in Q1 2026, $8000.0 in Q4 2025, and $11000.0 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 International Business Machines 193.88 Bn 178.95 Bn 9.91 Bn
2 Accenture 84.94 Bn 75.26 Bn 6.13 Bn
3 GDS Holdings 50.55 Bn 48.40 Bn 164.04 Mn
4 Infosys 44.05 Bn 44.79 Bn 1.60 Bn
5 Cgi 41.25 Bn 40.60 Bn -
6 Fidelity National Information Services 20.63 Bn 19.87 Bn 1.11 Bn
7 Cognizant Technology Solutions 20.39 Bn 18.87 Bn 1.78 Bn
8 Wipro 18.65 Bn 17.52 Bn 738.00 Mn
9 Broadridge Financial Solutions 16.79 Bn 16.48 Bn 626.90 Mn
10 Applied Digital 8.74 Bn 7.74 Bn 53.81 Mn

Historic Data

Download Data
DateValue
Feb 28, 2026 20.50 Mn
Nov 30, 2025 8,000.00
Aug 31, 2025 11,000.00
May 31, 2025 15,000.00
Feb 28, 2025 32.23 Mn
Nov 30, 2024 62.40 Mn
Aug 31, 2024 43.84 Mn
May 31, 2024 3.38 Mn
Feb 29, 2024 63.80 Mn
Nov 30, 2023 36.75 Mn
Aug 31, 2023 25.07 Mn
May 31, 2023 8.33 Mn
May 31, 2022 4.37 Mn