Applied Digital (APLD) Current Leases (2022 - 2026)

Applied Digital (APLD) reported Current Leases of $51.2 million for Q1 2026, down 63.5% on a YoY basis from $140.1 million in Q1 2025, and up 2460.11% quarter-over-quarter from $2.0 million in Q4 2025.

Applied Digital (APLD) Current Leases (2022 - 2026) Analysis & Trends

Applied Digital has reported Current Leases for 5 years, with the latest figure at $51.2 million in Q1 2026.

  • For the quarter ending Q1 2026, Current Leases fell 63.5% year-over-year to $51.2 million; the trailing twelve-month figure through Feb 2026 stood at $51.2 million (down 63.5% YoY), and the FY2025 full-year result was $16.8 million, up 2678.97% from the prior year.
  • Current Leases for Q1 2026 stood at $51.2 million, up from $2.0 million in the prior quarter.
  • The five-year high for Current Leases was $140.1 million in Q1 2025, with the low at $191000.0 in Q2 2022.
  • Historically, Current Leases has averaged $30.5 million across 5 years, with a median of $5.7 million in 2023.
  • Annual changes were most pronounced in 2023 — Current Leases surged 2895.81% — and 2025, when it sank 99.49%.
  • Applied Digital's Current Leases stood at $3.7 million in 2022, then surged by 142.55% to $8.9 million in 2023, then jumped by 159.89% to $23.1 million in 2024, then slumped by 91.35% to $2.0 million in 2025, then surged by 2460.11% to $51.2 million in 2026.
  • The last three Current Leases figures came in at $51.2 million (Q1 2026), $2.0 million (Q4 2025), and $688000.0 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Current Leases (Qtr)
1 Infosys 250,975,992.28 Bn 250,975,991.00 Bn 1.56 Bn -
2 International Business Machines 267.32 Bn 252.39 Bn 8.95 Bn 798.00 Mn
3 Wipro 138.60 Bn 137.44 Bn 751.00 Mn 288.00 Mn
4 Accenture 109.98 Bn 101.66 Bn 16.30 Bn 754.70 Mn
5 Cognizant Technology Solutions 25.38 Bn 23.86 Bn 1.78 Bn 140.00 Mn
6 Fidelity National Information Services 21.09 Bn 20.34 Bn 1.11 Bn -
7 Broadridge Financial Solutions 17.60 Bn 17.30 Bn 626.90 Mn -
8 Cdw 17.16 Bn 16.58 Bn 1.19 Bn -
9 Leidos Holdings 15.68 Bn 15.27 Bn 761.00 Mn -
10 Applied Digital 11.17 Bn 10.17 Bn 53.81 Mn 51.15 Mn

Historic Data

Download Data
DateValue
Feb 28, 2026 51.15 Mn
Nov 30, 2025 2.00 Mn
Aug 31, 2025 688,000.00
May 31, 2025 16.79 Mn
Feb 28, 2025 140.14 Mn
Nov 30, 2024 23.10 Mn
Aug 31, 2024 134.47 Mn
May 31, 2024 604,000.00
Feb 29, 2024 99.46 Mn
Nov 30, 2023 8.89 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 191,000.00
Feb 28, 2022 211,000.00