Applied Digital (APLD) EV to EBITDA (2024 - 2025)
Applied Digital's (APLD) EV to EBITDA stood at 3591.55 in fiscal Q2 2026 (quarter ended Nov 30, 2025), compared with 56.52 a year earlier and up 646.6% from the prior quarter.
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Analysis
Applied Digital (APLD) EV to EBITDA (2024 - 2025) Analysis & Trends
On a TTM basis, Applied Digital's EV to EBITDA came in at 3482.87 as of Nov 30, 2025; for FY2025 (ended May 31, 2025), it came in at 20.70.
- Per Business Quant, the preceding three fiscal quarters came in at 481.05 (Q1 2026), 20.75 (Q4 2025) and 24.09 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Microsoft | 3,964.86 Bn | 3,888.01 Bn | 60.48 Bn |
| 2 | International Business Machines | 222.38 Bn | 173.19 Bn | 9.91 Bn |
| 3 | Cloudflare | 105.62 Bn | 89.15 Bn | 499.52 Mn |
| 4 | Equinix | 96.25 Bn | 84.81 Bn | 1.40 Bn |
| 5 | Nebius | 41.41 Bn | 14.84 Bn | 448.70 Mn |
| 6 | CoreWeave | 33.73 Bn | 20.82 Bn | 1.70 Bn |
| 7 | Verisign | 27.82 Bn | 25.04 Bn | 384.60 Mn |
| 8 | Nutanix | 18.15 Bn | 9.84 Bn | 651.35 Mn |
| 9 | GoDaddy | 13.94 Bn | 9.52 Bn | 828.20 Mn |
| 10 | Applied Digital | 5.62 Bn | -2.57 Bn | 96.17 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Nov 30, 2025 | 3,591.55 |
| Aug 31, 2025 | 481.05 |
| May 31, 2025 | 20.75 |
| Feb 28, 2025 | 24.09 |
| Nov 30, 2024 | 56.52 |
| Aug 31, 2024 | 10.82 |
API Access
Applied Digital EV to EBITDA API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ev-to-ebitda&ticker=APLD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebitda", "ticker": "APLD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ev-to-ebitda&ticker=APLD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();