Applied Digital APLD
NASDAQ APLD
$24.41 +0.99 (+4.23%)
As of: Sep 16, 2026 · 3:59 PM EDT

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

Historic Data

Download Data
DateValue
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