Applied Digital (APLD) Equity Ratio (2021 - 2026)

Applied Digital has reported Equity Ratio for 6 years, with the latest figure at 0.25 in Q1 2026.

• For the quarter ending Q1 2026, Equity Ratio fell 4.94% year-over-year to 0.25; the trailing twelve-month figure through Feb 2026 stood at 0.25 (down 4.94% YoY), and the FY2025 full-year result was 0.27, up 62.64% from the prior year.
• Equity Ratio for Q1 2026 stood at 0.25, down from 0.28 in the prior quarter.
• The five-year high for Equity Ratio was 0.66 in Q2 2022, with the low at 0.14 in Q1 2022.
• Historically, Equity Ratio has averaged 0.3 across 5 years, with a median of 0.28 in 2025.
• Annual changes were most pronounced in 2022 — Equity Ratio soared 496918.34% — and 2023, when it plunged 60.03%.
• Applied Digital's Equity Ratio stood at 0.43 in 2022, then slipped by 24.66% to 0.32 in 2023, then dropped by 13.04% to 0.28 in 2024, then decreased by 1.56% to 0.28 in 2025, then decreased by 8.69% to 0.25 in 2026.
• The last three Equity Ratio figures came in at 0.25 (Q1 2026), 0.28 (Q4 2025), and 0.44 (Q3 2025), per Business Quant data.