Applied Digital (APLD) EBITDA (2021 - 2026)

Applied Digital's EBITDA history runs 6 years deep, the most recent figure standing at -$85.7 million for Q1 2026.

• Quarterly EBITDA fell 352.24% year-over-year to -$85.7 million in Q1 2026, while the trailing twelve-month figure through Feb 2026 was -$127.7 million (down 506.3% YoY) and the FY2025 annual result came in at -$16.8 million, up 48.72% from the prior year.
• EBITDA was -$85.7 million for Q1 2026 at Applied Digital, down from -$31.0 million in the prior quarter.
• Across five years, EBITDA topped out at $37.9 million in Q2 2024 and bottomed at -$85.7 million in Q1 2026.
• A 5-year average of -$12.7 million and a median of -$7.4 million in 2023 frame the typical range for EBITDA.
• Annual changes were most pronounced in 2022 — EBITDA tumbled 2101.1% — and 2024, when it surged 852.22%.
• Applied Digital's EBITDA stood at -$26.0 million in 2022, then soared by 69.56% 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 tumbled by 176.73% to -$85.7 million in 2026.
• Business Quant data shows APLD's EBITDA at -$85.7 million in Q1 2026, -$31.0 million in Q4 2025, and -$22.3 million in Q3 2025.