Applied Digital (APLD) Cash & Equivalents (2021 - 2026)
Applied Digital's (APLD) quarterly Cash & Equivalents came in at $1.6 billion in Q2 2026, up 3522.27% on a YoY basis from $43.9 million in Q2 2025, and down 8.0% quarter-over-quarter from $1.7 billion in Q1 2026.
Analysis
Applied Digital (APLD) Cash & Equivalents (2021 - 2026) Analysis & Trends
Applied Digital (APLD) has reported Cash & Equivalents for 6 consecutive years, with $1.6 billion the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Cash & Equivalents rose 3522.27% year-over-year to $1.6 billion; the trailing twelve-month figure through May 2026 stood at $1.6 billion (up 3522.27% YoY), and the FY2026 full-year result was $1.6 billion, up 3522.27% from the prior year.
- Cash & Equivalents eased to $1.6 billion in Q2 2026 per APLD's latest filing, from $1.7 billion in the prior quarter.
- Across five years, Cash & Equivalents topped out at $1.9 billion in Q4 2025 and bottomed at $3.3 million in Q2 2024.
- Historically, Cash & Equivalents has averaged $330.6 million across 5 years, with a median of $39.8 million in 2022.
- The sharpest annual moves came in 2024 and 2026: Cash & Equivalents sank 88.49% in 2024, then surged 3522.27% in 2026.
- Over 5 years, Cash & Equivalents stood at $18.1 million in 2022, then tumbled by 49.08% to $9.2 million in 2023, then soared by 3005.53% to $286.2 million in 2024, then soared by 568.48% to $1.9 billion in 2025, then retreated by 16.8% to $1.6 billion in 2026.
- According to Business Quant data, Cash & Equivalents over the past three periods registered $1.6 billion, $1.7 billion, and $1.9 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash & Equiv. (Qtr) |
|---|---|---|---|---|---|
| 1 | Equinix | 100.35 Bn | 98.13 Bn | 1.40 Bn | 979.00 Mn |
| 2 | Terawulf | 7.45 Bn | 4.69 Bn | 32.37 Mn | 2.62 Bn |
| 3 | Cipher Digital | 6.82 Bn | 2.80 Bn | 9.79 Mn | 831.83 Mn |
| 4 | Applied Digital | 6.71 Bn | 2.74 Bn | 97.29 Mn | 1.59 Bn |
| 5 | GDS Holdings | 5.78 Bn | 3.59 Bn | 97.89 Mn | 2.20 Bn |
| 6 | Core Scientific | 5.48 Bn | 3.54 Bn | 70.04 Mn | 1.77 Bn |
| 7 | Vnet | 1.63 Bn | 636.30 Mn | 74.45 Mn | 990.51 Mn |
| 8 | Sify Technologies | 1.44 Bn | 1.44 Bn | 51.65 Mn | - |
| 9 | WhiteFiber | 666.74 Mn | 606.37 Mn | 18.88 Mn | 56.06 Mn |
| 10 | Vulcan Infrastructure & Power | 432.00 Mn | 428.80 Mn | -1.25 Mn | 3.20 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 1.59 Bn |
| Feb 28, 2026 | 1.73 Bn |
| Nov 30, 2025 | 1.91 Bn |
| Aug 31, 2025 | 73.91 Mn |
| May 31, 2025 | 43.95 Mn |
| Feb 28, 2025 | 68.74 Mn |
| Nov 30, 2024 | 286.24 Mn |
| Aug 31, 2024 | 58.22 Mn |
| May 31, 2024 | 3.34 Mn |
| Feb 29, 2024 | 4.44 Mn |
| Nov 30, 2023 | 9.22 Mn |
| Aug 31, 2023 | 5.94 Mn |
| May 31, 2023 | 29.00 Mn |
| Feb 28, 2023 | 22.92 Mn |
| Nov 30, 2022 | 18.10 Mn |
| Aug 31, 2022 | 40.83 Mn |
| May 31, 2022 | 38.80 Mn |
| Feb 28, 2022 | 11.96 Mn |
| Nov 30, 2021 | 14.05 Mn |
| Aug 31, 2021 | 28.93 Mn |