Applied Digital (APLD) Cost of Revenue (2022 - 2026)
Applied Digital filings provide 5 years of Cost of Revenue readings, the most recent being $72.8 million for Q1 2026.
- On a quarterly basis, Cost of Revenue rose 48.21% to $72.8 million in Q1 2026 year-over-year; TTM through Feb 2026 was $167.9 million, a 69.32% increase, with the full-year FY2025 number at $101.5 million, down 4.88% from a year prior.
- Cost of Revenue hit $72.8 million in Q1 2026 for Applied Digital, down from $100.6 million in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $100.6 million in Q4 2025 to a low of -$61.1 million in Q2 2025.
- Median Cost of Revenue over the past 5 years was $22.7 million (2024), compared with a mean of $24.9 million.
- Biggest five-year swings in Cost of Revenue: surged 408.1% in 2023 and later plummeted 1427.92% in 2025.
- Applied Digital's Cost of Revenue stood at $11.8 million in 2022, then surged by 152.02% to $29.8 million in 2023, then fell by 23.88% to $22.7 million in 2024, then skyrocketed by 343.73% to $100.6 million in 2025, then decreased by 27.57% to $72.8 million in 2026.
- The last three reported values for Cost of Revenue were $72.8 million (Q1 2026), $100.6 million (Q4 2025), and $55.6 million (Q3 2025) per Business Quant data.