Applied Digital (APLD) EBT (2021 - 2026)

Applied Digital (APLD) posted EBT of -$70.6 million for Q1 2026, down 165.78% on a QoQ basis from -$26.5 million in Q4 2025, and down 99.1% year-over-year from -$7.9 billion in Q1 2025.

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

Applied Digital's EBT history runs 6 years deep, the most recent figure standing at -$70.6 million for Q1 2026.

  • Quarterly EBT fell 99.1% year-over-year to -$70.6 million in Q1 2026, while the trailing twelve-month figure through Feb 2026 was -$103.2 million (up 24.67% YoY) and the FY2025 annual result came in at -$158.2 million, down 113.02% from the prior year.
  • EBT was -$70.6 million for Q1 2026 at Applied Digital, down from -$26.5 million in the prior quarter.
  • Across five years, EBT topped out at $20.2 million in Q2 2025 and bottomed at -$128.4 million in Q4 2024.
  • A 5-year average of -$22.2 million and a median of -$10.5 million in 2023 frame the typical range for EBT.
  • Annual changes were most pronounced in 2022 — EBT tumbled 1897.2% — and 2024, when it soared 282.93%.
  • Applied Digital's EBT stood at -$27.1 million in 2022, then surged by 61.09% to -$10.5 million in 2023, then tumbled by 1119.13% to -$128.4 million in 2024, then surged by 79.32% to -$26.5 million in 2025, then plunged by 165.78% to -$70.6 million in 2026.
  • Business Quant data shows APLD's EBT at -$70.6 million in Q1 2026, -$26.5 million in Q4 2025, and -$26.2 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT (Qtr)
1 International Business Machines 193.88 Bn 178.95 Bn 9.91 Bn 2.48 Bn
2 Accenture 84.94 Bn 75.26 Bn 6.13 Bn 3.15 Bn
3 GDS Holdings 50.55 Bn 48.40 Bn 164.04 Mn 185.92 Mn
4 Infosys 44.05 Bn 44.79 Bn 1.60 Bn 1.16 Bn
5 Cgi 41.25 Bn 40.60 Bn - 450.41 Mn
6 Fidelity National Information Services 20.63 Bn 19.87 Bn 1.11 Bn 259.00 Mn
7 Cognizant Technology Solutions 20.39 Bn 18.87 Bn 1.78 Bn 867.00 Mn
8 Wipro 18.65 Bn 17.52 Bn 738.00 Mn 458.00 Mn
9 Broadridge Financial Solutions 16.79 Bn 16.48 Bn 626.90 Mn 340.60 Mn
10 Applied Digital 8.74 Bn 7.74 Bn 53.81 Mn -70.56 Mn

Historic Data

Download Data
DateValue
Feb 28, 2026 -70.56 Mn
Nov 30, 2025 -26.55 Mn
Aug 31, 2025 -26.24 Mn
May 31, 2025 20.18 Mn
Feb 28, 2025 -35.44 Mn
Nov 30, 2024 -128.36 Mn
Aug 31, 2024 15.91 Mn
May 31, 2024 10.94 Mn
Feb 29, 2024 -62.84 Mn
Nov 30, 2023 -10.53 Mn
Aug 31, 2023 -11.85 Mn
May 31, 2023 -5.98 Mn
Feb 28, 2023 -7.34 Mn
Nov 30, 2022 -27.06 Mn
Aug 31, 2022 -4.63 Mn
May 31, 2022 -4.38 Mn
Feb 28, 2022 -2.34 Mn
Nov 30, 2021 -1.36 Mn
Aug 31, 2021 -14.34 Mn
May 31, 2021 -345,000.00