Applied Digital (APLD) Current Leases (2022 - 2026)
Applied Digital's (APLD) quarterly Current Leases came in at $66.1 million in Q2 2026, down 55.07% on a YoY basis from $147.0 million in Q2 2025, and down 4.6% quarter-over-quarter from $69.3 million in Q1 2026.
Analysis
Applied Digital (APLD) Current Leases (2022 - 2026) Analysis & Trends
Applied Digital (APLD) has reported Current Leases for 5 consecutive years, with $66.1 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Current Leases fell 55.07% year-over-year to $66.1 million; the trailing twelve-month figure through May 2026 stood at $66.1 million (down 55.07% YoY), and the FY2026 full-year result was $66.1 million, down 55.07% from the prior year.
- Current Leases declined to $66.1 million in Q2 2026 per APLD's latest filing, from $69.3 million in the prior quarter.
- Across five years, Current Leases topped out at $167.6 million in Q1 2025 and bottomed at $211000.0 in Q1 2022.
- Historically, Current Leases has averaged $53.1 million across 5 years, with a median of $19.0 million in 2023.
- The widest YoY moves for Current Leases: up 2683.27% in 2025, down 98.75% in 2025.
- Over 5 years, Current Leases stood at $3.7 million in 2022, then jumped by 1310.81% to $51.7 million in 2023, then surged by 208.77% to $159.6 million in 2024, then tumbled by 98.75% to $2.0 million in 2025, then soared by 3206.76% to $66.1 million in 2026.
- According to Business Quant data, Current Leases over the past three periods registered $66.1 million, $69.3 million, and $2.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Leases (Qtr) |
|---|---|---|---|---|---|
| 1 | Equinix | 101.67 Bn | 99.45 Bn | 1.40 Bn | 176.00 Mn |
| 2 | Terawulf | 8.00 Bn | 5.24 Bn | 32.37 Mn | 2.10 Mn |
| 3 | Applied Digital | 7.22 Bn | 3.25 Bn | 97.29 Mn | 66.07 Mn |
| 4 | Cipher Digital | 6.54 Bn | 2.52 Bn | 9.79 Mn | 4.48 Mn |
| 5 | GDS Holdings | 5.96 Bn | 3.77 Bn | 97.89 Mn | 14.03 Mn |
| 6 | Core Scientific | 5.78 Bn | 3.84 Bn | 70.04 Mn | - |
| 7 | Vnet | 1.72 Bn | 729.00 Mn | 74.45 Mn | 144.46 Mn |
| 8 | Sify Technologies | 1.57 Bn | 1.57 Bn | 51.65 Mn | - |
| 9 | WhiteFiber | 732.66 Mn | 672.29 Mn | 18.88 Mn | 5.16 Mn |
| 10 | Vulcan Infrastructure & Power | 445.09 Mn | 441.89 Mn | -1.25 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 66.07 Mn |
| Feb 28, 2026 | 69.25 Mn |
| Nov 30, 2025 | 2.00 Mn |
| Aug 31, 2025 | 12.64 Mn |
| May 31, 2025 | 147.04 Mn |
| Feb 28, 2025 | 167.63 Mn |
| Nov 30, 2024 | 159.61 Mn |
| Aug 31, 2024 | 134.47 Mn |
| May 31, 2024 | 5.28 Mn |
| Feb 29, 2024 | 99.46 Mn |
| Nov 30, 2023 | 51.69 Mn |
| Aug 31, 2023 | 25.28 Mn |
| May 31, 2023 | 5.72 Mn |
| Feb 28, 2023 | 4.19 Mn |
| Nov 30, 2022 | 3.66 Mn |
| Aug 31, 2022 | 1.37 Mn |
| May 31, 2022 | 813,000.00 |
| Feb 28, 2022 | 211,000.00 |