Applied Digital (APLD) Common Equity (2021 - 2026)

Applied Digital (APLD) posted Common Equity of $1.6 billion for Q1 2026, up 9.08% on a QoQ basis from $1.4 billion in Q4 2025, and up 247.79% year-over-year from $454.6 million in Q1 2025.

Applied Digital (APLD) Common Equity (2021 - 2026) Analysis & Trends

Applied Digital's Common Equity history runs 6 years deep, the most recent figure standing at $1.6 billion for Q1 2026.

  • Quarterly Common Equity rose 247.79% year-over-year to $1.6 billion in Q1 2026, while the trailing twelve-month figure through Feb 2026 was $1.6 billion (up 247.79% YoY) and the FY2025 annual result came in at $497.7 million, up 298.69% from the prior year.
  • Common Equity was $1.6 billion for Q1 2026 at Applied Digital, up from $1.4 billion in the prior quarter.
  • Across five years, Common Equity topped out at $1.6 billion in Q1 2026 and bottomed at -$8.6 million in Q1 2022.
  • A 5-year average of $387.1 million and a median of $127.9 million in 2023 frame the typical range for Common Equity.
  • Annual changes were most pronounced in 2022 — Common Equity soared 10353.47% — and 2023, when it decreased 24.89%.
  • Applied Digital's Common Equity stood at $72.0 million in 2022, then surged by 116.28% to $155.7 million in 2023, then jumped by 179.18% to $434.6 million in 2024, then soared by 233.58% to $1.4 billion in 2025, then advanced by 9.08% to $1.6 billion in 2026.
  • Business Quant data shows APLD's Common Equity at $1.6 billion in Q1 2026, $1.4 billion in Q4 2025, and $1.0 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Common Equity (Qtr)
1 International Business Machines 193.88 Bn 178.95 Bn 9.91 Bn 34.54 Bn
2 Accenture 84.94 Bn 75.26 Bn 6.13 Bn 33.01 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 - 1.07 Bn
6 Fidelity National Information Services 20.63 Bn 19.87 Bn 1.11 Bn 15.98 Bn
7 Cognizant Technology Solutions 20.39 Bn 18.87 Bn 1.78 Bn 15.07 Bn
8 Wipro 18.65 Bn 17.52 Bn 738.00 Mn 8.21 Bn
9 Broadridge Financial Solutions 16.79 Bn 16.48 Bn 626.90 Mn 2.82 Bn
10 Applied Digital 8.74 Bn 7.74 Bn 53.81 Mn 1.58 Bn

Historic Data

Download Data
DateValue
Feb 28, 2026 1.58 Bn
Nov 30, 2025 1.45 Bn
Aug 31, 2025 1.04 Bn
May 31, 2025 497.69 Mn
Feb 28, 2025 454.65 Mn
Nov 30, 2024 434.57 Mn
Aug 31, 2024 241.85 Mn
May 31, 2024 124.83 Mn
Feb 29, 2024 118.49 Mn
Nov 30, 2023 155.66 Mn
Aug 31, 2023 127.95 Mn
May 31, 2023 59.52 Mn
Feb 28, 2023 71.40 Mn
Nov 30, 2022 71.97 Mn
Aug 31, 2022 76.90 Mn
May 31, 2022 79.24 Mn
Feb 28, 2022 -8.61 Mn
Nov 30, 2021 -922,000.00
Aug 31, 2021 -750,000.00
May 31, 2021 -2.58 Mn