Applied Digital (APLD) EBT Margin (2022 - 2026)
Applied Digital's (APLD) quarterly EBT Margin came in at 30.77% in Q2 2026, up 7212.0% on a YoY basis from 0.42% in Q2 2025, and up 44.77% quarter-over-quarter from 55.72% in Q1 2026.
Analysis
Applied Digital (APLD) EBT Margin (2022 - 2026) Analysis & Trends
Applied Digital (APLD) has reported EBT Margin for 5 consecutive years, with 30.77% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, EBT Margin rose 7212.0% year-over-year to 30.77%; the trailing twelve-month figure through May 2026 stood at 35.23% (up 7931.0% YoY), and the FY2026 full-year result was 29.7%, up 7135.0% from the prior year.
- EBT Margin rose to 30.77% in Q2 2026 per APLD's latest filing, from 55.72% in the prior quarter.
- Across five years, EBT Margin topped out at 45.66% in Q3 2024 and bottomed at 354.95% in Q4 2024.
- Historically, EBT Margin has averaged 90.48% across 5 years, with a median of 56.95% in 2022.
- The sharpest annual moves came in 2024 and 2025: EBT Margin sank 33001 bps in 2024, then surged 33398 bps in 2025.
- Over 5 years, EBT Margin stood at 219.3% in 2022, then surged by 89 bps to 24.95% in 2023, then sank by 1323 bps to 354.95% in 2024, then surged by 94 bps to 20.97% in 2025, then plunged by 47 bps to 30.77% in 2026.
- According to Business Quant data, EBT Margin over the past three periods registered 30.77%, 55.72%, and 20.97% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Equinix | 102.22 Bn | 100.02 Bn | 1.40 Bn | 19.92% |
| 2 | Terawulf | 8.24 Bn | 5.48 Bn | 32.37 Mn | -2,076.83% |
| 3 | Applied Digital | 7.59 Bn | 5.57 Bn | 97.29 Mn | -30.77% |
| 4 | Cipher Digital | 7.35 Bn | 3.35 Bn | 9.79 Mn | -1,075.66% |
| 5 | GDS Holdings | 6.47 Bn | 4.41 Bn | 97.89 Mn | 26.01% |
| 6 | Core Scientific | 5.72 Bn | 3.78 Bn | 70.04 Mn | -702.43% |
| 7 | Vnet | 1.71 Bn | 828.02 Mn | 74.45 Mn | 1.34% |
| 8 | Sify Technologies | 1.56 Bn | 1.56 Bn | 51.65 Mn | 9.60% |
| 9 | WhiteFiber | 758.96 Mn | 698.59 Mn | 18.88 Mn | -54.53% |
| 10 | Vulcan Infrastructure & Power | 445.09 Mn | 441.89 Mn | -1.25 Mn | -292.44% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | -30.77% |
| Feb 28, 2026 | -55.72% |
| Nov 30, 2025 | -20.97% |
| Aug 31, 2025 | -40.86% |
| May 31, 2025 | -102.89% |
| Feb 28, 2025 | -66.96% |
| Nov 30, 2024 | -354.95% |
| Aug 31, 2024 | 45.66% |
| May 31, 2024 | -147.27% |
| Feb 29, 2024 | -144.96% |
| Nov 30, 2023 | -24.95% |
| Aug 31, 2023 | -32.63% |
| May 31, 2023 | -27.14% |
| Feb 28, 2023 | -52.10% |
| Nov 30, 2022 | -219.30% |
| Aug 31, 2022 | -66.83% |
| May 31, 2022 | -58.18% |
| Feb 28, 2022 | -227.78% |