Applied Digital APLD
NASDAQ APLD
$27.14 -1.17 (-4.13%)
As of: Sep 9, 2026 · 3:59 PM EDT

Applied Digital (APLD) EBIT (2021 - 2026)

Applied Digital's (APLD) quarterly EBIT came in at -$124.8 million in Q2 2026, down 183.03% on a YoY basis from $150.3 million in Q2 2025, and down 45.7% quarter-over-quarter from -$85.7 million in Q1 2026.

Analysis

Applied Digital (APLD) EBIT (2021 - 2026) Analysis & Trends

Applied Digital (APLD) has reported EBIT for 6 consecutive years, with -$124.8 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, EBIT fell 183.03% year-over-year to -$124.8 million; the trailing twelve-month figure through May 2026 stood at -$263.7 million (down 421.67% YoY), and the FY2026 full-year result was -$236.5 million, down 227.62% from the prior year.
  • EBIT retreated to -$124.8 million in Q2 2026 per APLD's latest filing, from -$85.7 million in the prior quarter.
  • Across five years, EBIT topped out at $25.3 million in Q3 2024 and bottomed at -$124.8 million in Q2 2026.
  • Historically, EBIT has averaged -$25.7 million across 5 years, with a median of -$15.9 million in 2024.
  • The sharpest annual moves came in 2022 and 2024: EBIT tumbled 1870.33% in 2022, then surged 443.28% in 2024.
  • Over 5 years, EBIT stood at -$26.7 million in 2022, then soared by 70.36% to -$7.9 million in 2023, then sank by 61.84% to -$12.8 million in 2024, then plunged by 141.76% to -$31.0 million in 2025, then sank by 303.2% to -$124.8 million in 2026.
  • According to Business Quant data, EBIT over the past three periods registered -$124.8 million, -$85.7 million, and -$31.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIT (Qtr)
1 Equinix 102.22 Bn 100.02 Bn 1.40 Bn 665.00 Mn
2 Terawulf 8.24 Bn 5.48 Bn 32.37 Mn -140.45 Mn
3 Applied Digital 7.59 Bn 5.57 Bn 97.29 Mn -124.82 Mn
4 Cipher Digital 7.35 Bn 3.35 Bn 9.79 Mn -78.54 Mn
5 GDS Holdings 6.47 Bn 4.41 Bn 97.89 Mn 64.50 Mn
6 Core Scientific 5.72 Bn 3.78 Bn 70.04 Mn -78.47 Mn
7 Vnet 1.71 Bn 828.02 Mn 74.45 Mn 33.67 Mn
8 Sify Technologies 1.56 Bn 1.56 Bn 51.65 Mn 11.79 Mn
9 WhiteFiber 758.96 Mn 698.59 Mn 18.88 Mn -9.26 Mn
10 Vulcan Infrastructure & Power 445.09 Mn 441.89 Mn -1.25 Mn -9.64 Mn
Historic Data

Historic Data

Download Data
DateValue
May 31, 2026 -124.82 Mn
Feb 28, 2026 -85.67 Mn
Nov 30, 2025 -30.96 Mn
Aug 31, 2025 -22.29 Mn
May 31, 2025 -44.10 Mn
Feb 28, 2025 -18.94 Mn
Nov 30, 2024 -12.81 Mn
Aug 31, 2024 25.29 Mn
May 31, 2024 -27.60 Mn
Feb 29, 2024 -55.46 Mn
Nov 30, 2023 -7.91 Mn
Aug 31, 2023 -7.37 Mn
May 31, 2023 -5.04 Mn
Feb 28, 2023 -6.99 Mn
Nov 30, 2022 -26.70 Mn
Aug 31, 2022 -4.18 Mn
May 31, 2022 -4.27 Mn
Feb 28, 2022 -2.42 Mn
Nov 30, 2021 -1.36 Mn
Aug 31, 2021 -13.04 Mn