Applied Digital (APLD) Common Equity (2021 - 2026)
Applied Digital (APLD) reported Common Equity of $1.61 billion for fiscal Q1 2027 (quarter ended Aug 31, 2026), up 54.0% from $1.04 billion a year earlier but down 6.7% from the prior quarter.
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Analysis
Applied Digital (APLD) Common Equity (2021 - 2026) Analysis & Trends
At the end of FY2026 (ended May 31, 2026), Applied Digital posted Common Equity of $1.72 billion, up 246.5% from FY2025.
- Common Equity has increased for three consecutive fiscal years.
- By fiscal year, Common Equity came in at $497.69 million in FY2025 (+298.7%), $124.83 million in FY2024 (+79.2%), $69.68 million in FY2023 (-12.1%) and $79.24 million in FY2022.
- Five-year quarterly Common Equity spans a low of -$8.61 million in fiscal Q3 2022 and a high of $1.72 billion in fiscal Q4 2026.
- Year over year, Common Equity has now increased in each of the last 13 quarters, with growth averaging 234.4% over the last eight quarters.
- The high point for year-over-year Common Equity in five years was fiscal Q1 2026 (growth of 331.8%); the low point was fiscal Q4 2023 (a decline of 12.1%).
- Per Business Quant data, the three fiscal quarters before Q1 2027 came in at $1.72 billion (Q4 2026), $1.58 billion (Q3 2026) and $1.45 billion (Q2 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Common Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,964.86 Bn | 3,888.01 Bn | 60.48 Bn | 442.39 Bn |
| 2 | International Business Machines | 222.38 Bn | 173.19 Bn | 9.91 Bn | 34.54 Bn |
| 3 | Cloudflare | 105.62 Bn | 89.15 Bn | 499.52 Mn | 1.62 Bn |
| 4 | Equinix | 96.25 Bn | 84.81 Bn | 1.40 Bn | 14.38 Bn |
| 5 | Nebius | 41.41 Bn | 14.84 Bn | 448.70 Mn | 10.34 Bn |
| 6 | CoreWeave | 33.73 Bn | 20.82 Bn | 1.70 Bn | 5.02 Bn |
| 7 | Verisign | 27.82 Bn | 25.04 Bn | 384.60 Mn | -2.25 Bn |
| 8 | Nutanix | 18.15 Bn | 9.84 Bn | 651.35 Mn | 702.57 Mn |
| 9 | GoDaddy | 13.94 Bn | 9.52 Bn | 828.20 Mn | 6.70 Mn |
| 10 | Applied Digital | 5.62 Bn | -2.57 Bn | 96.17 Mn | 1.61 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 31, 2026 | 1.61 Bn |
| May 31, 2026 | 1.72 Bn |
| 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 | 69.68 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 |
API Access
Applied Digital Common Equity 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=common-equity&ticker=APLD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "common-equity", "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=common-equity&ticker=APLD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();