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

Applied Digital (APLD) Enterprise Value (2021 - 2026)

Applied Digital's (APLD) quarterly Enterprise Value came in at $11.6 billion in Q2 2026, up 716.62% on a YoY basis from $1.4 billion in Q2 2025, and up 71.09% quarter-over-quarter from $6.8 billion in Q1 2026.

Analysis

Applied Digital (APLD) Enterprise Value (2021 - 2026) Analysis & Trends

Applied Digital (APLD) has reported Enterprise Value for 6 consecutive years, with $11.6 billion the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Enterprise Value rose 716.62% year-over-year to $11.6 billion; the trailing twelve-month figure through May 2026 stood at $11.6 billion (up 716.62% YoY), and the FY2026 full-year result was $11.6 billion, up 716.62% from the prior year.
  • Enterprise Value rose to $11.6 billion in Q2 2026 per APLD's latest filing, from $6.8 billion in the prior quarter.
  • Across five years, Enterprise Value topped out at $11.6 billion in Q2 2026 and bottomed at $173.6 million in Q4 2022.
  • Historically, Enterprise Value has averaged $2.1 billion across 5 years, with a median of $599.2 million in 2022.
  • The widest YoY moves for Enterprise Value: up 8845.38% in 2022, down 82.27% in 2022.
  • Over 5 years, Enterprise Value stood at $173.6 million in 2022, then surged by 196.84% to $515.2 million in 2023, then jumped by 264.85% to $1.9 billion in 2024, then soared by 217.17% to $6.0 billion in 2025, then soared by 94.49% to $11.6 billion in 2026.
  • According to Business Quant data, Enterprise Value over the past three periods registered $11.6 billion, $6.8 billion, and $6.0 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

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

Historic Data

Download Data
DateValue
May 31, 2026 11.59 Bn
Feb 28, 2026 6.78 Bn
Nov 30, 2025 5.96 Bn
Aug 31, 2025 4.23 Bn
May 31, 2025 1.42 Bn
Feb 28, 2025 1.72 Bn
Nov 30, 2024 1.88 Bn
Aug 31, 2024 495.09 Mn
May 31, 2024 478.75 Mn
Feb 29, 2024 474.05 Mn
Nov 30, 2023 515.18 Mn
Aug 31, 2023 608.12 Mn
May 31, 2023 769.49 Mn
Feb 28, 2023 237.97 Mn
Nov 30, 2022 173.56 Mn
Aug 31, 2022 187.79 Mn
May 31, 2022 242.62 Mn
Feb 28, 2022 590.36 Mn
Nov 30, 2021 979.14 Mn
Aug 31, 2021 454.85 Mn