Applied Digital (APLD) Capital Leases (2022 - 2026)
Applied Digital's Capital Leases was $2.46 million in fiscal Q1 2027 (quarter ended Aug 31, 2026), compared with $11,000 a year earlier and down 77.1% from the prior quarter.
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Analysis
Applied Digital (APLD) Capital Leases (2022 - 2026) Analysis & Trends
At the end of FY2026 (ended May 31, 2026), Capital Leases at Applied Digital came in at $10.73 million.
- Capital Leases shows a four-year compound annual growth rate of 25.2% (FY2022 to FY2026).
- In earlier fiscal years, Capital Leases was $15,000 in FY2025 (-99.6%), $3.38 million in FY2024 (-59.4%), $8.33 million in FY2023 (+90.5%) and $4.37 million in FY2022.
- Quarterly Capital Leases has moved between $8,000 (fiscal Q2 2026) and $63.8 million (fiscal Q3 2024) over five years.
- Compared with a year earlier, Capital Leases was higher in 1 of the last six quarters, with an average decline of 52.6%.
- The best year-over-year quarter for Capital Leases over five years was fiscal Q4 2023 (growth of 90.5%); the worst was fiscal Q2 2026 (a decline of 100.0%).
- Per Business Quant data, APLD's Capital Leases in the three fiscal quarters before Q1 2027 was $10.73 million (Q4 2026), $20.5 million (Q3 2026) and $8,000 (Q2 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Microsoft | 3,964.86 Bn | 3,888.01 Bn | 60.48 Bn |
| 2 | International Business Machines | 222.38 Bn | 173.19 Bn | 9.91 Bn |
| 3 | Cloudflare | 105.62 Bn | 89.15 Bn | 499.52 Mn |
| 4 | Equinix | 96.25 Bn | 84.81 Bn | 1.40 Bn |
| 5 | Nebius | 41.41 Bn | 14.84 Bn | 448.70 Mn |
| 6 | CoreWeave | 33.73 Bn | 20.82 Bn | 1.70 Bn |
| 7 | Verisign | 27.82 Bn | 25.04 Bn | 384.60 Mn |
| 8 | Nutanix | 18.15 Bn | 9.84 Bn | 651.35 Mn |
| 9 | GoDaddy | 13.94 Bn | 9.52 Bn | 828.20 Mn |
| 10 | Applied Digital | 5.62 Bn | -2.57 Bn | 96.17 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 31, 2026 | 2.46 Mn |
| May 31, 2026 | 10.73 Mn |
| 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 |
API Access
Applied Digital Capital Leases API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=capital-leases&ticker=APLD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-leases", "ticker": "APLD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=capital-leases&ticker=APLD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();