Applied Digital (APLD) Debt Ratio (2022 - 2026)

Applied Digital has reported Debt Ratio for 5 years, with the latest figure at 0.42 in Q1 2026.

• For the quarter ending Q1 2026, Debt Ratio rose 4.44% year-over-year to 0.42; the trailing twelve-month figure through Feb 2026 stood at 0.42 (up 4.44% YoY), and the FY2025 full-year result was 0.36, up 247.93% from the prior year.
• Debt Ratio for Q1 2026 stood at 0.42, down from 0.5 in the prior quarter.
• The five-year high for Debt Ratio was 0.5 in Q4 2025, with the low at 0.02 in Q1 2024.
• Historically, Debt Ratio has averaged 0.2 across 5 years, with a median of 0.13 in 2023.
• Annual changes were most pronounced in 2024 — Debt Ratio slumped 74.33% — and 2025, when it surged 1605.19%.
• Applied Digital's Debt Ratio stood at 0.1 in 2022, then climbed by 28.69% to 0.13 in 2023, then soared by 141.08% to 0.3 in 2024, then soared by 63.48% to 0.5 in 2025, then dropped by 16.27% to 0.42 in 2026.
• The last three Debt Ratio figures came in at 0.42 (Q1 2026), 0.5 (Q4 2025), and 0.13 (Q3 2025), per Business Quant data.