Growth Metrics

Applied Digital (APLD) Debt to Equity (2022 - 2026)

Applied Digital's Debt to Equity history spans 5 years, with the latest figure at $1.64 for Q1 2026.

  • For Q1 2026, Debt to Equity rose 9.87% year-over-year to $1.64; the TTM value through Feb 2026 reached $1.64, up 9.87%, while the annual FY2025 figure was $1.36, 113.93% up from the prior year.
  • Debt to Equity reached $1.64 in Q1 2026 per APLD's latest filing, down from $1.79 in the prior quarter.
  • In the past five years, Debt to Equity ranged from a high of $1.79 in Q4 2025 to a low of $0.12 in Q3 2024.
  • Average Debt to Equity over 5 years is $0.74, with a median of $0.48 recorded in 2023.
  • Peak YoY movement for Debt to Equity: plummeted 52.08% in 2024, then surged 1079.7% in 2025.
  • A 5-year view of Debt to Equity shows it stood at $0.23 in 2022, then soared by 109.54% to $0.48 in 2023, then skyrocketed by 125.99% to $1.08 in 2024, then skyrocketed by 66.08% to $1.79 in 2025, then dropped by 8.3% to $1.64 in 2026.
  • Per Business Quant, the three most recent readings for APLD's Debt to Equity are $1.64 (Q1 2026), $1.79 (Q4 2025), and $0.29 (Q3 2025).