Applied Digital (APLD) FCF Margin (2022 - 2026)

Applied Digital (APLD) reported FCF Margin of 568.71% for Q1 2026, up 2032.0% on a YoY basis from 26.68% in Q1 2025, and down 5.06% quarter-over-quarter from 541.3% in Q4 2025.

Applied Digital (APLD) FCF Margin (2022 - 2026) Analysis & Trends

Applied Digital has reported FCF Margin for 5 years, with the latest figure at 568.71% in Q1 2026.

  • For the quarter ending Q1 2026, FCF Margin rose 2032.0% year-over-year to 568.71%; the trailing twelve-month figure through Feb 2026 stood at 484.21% (down 2434.0% YoY), and the FY2025 full-year result was 250.97%, down 19883.0% from the prior year.
  • FCF Margin for Q1 2026 stood at 568.71%, down from 541.3% in the prior quarter.
  • The five-year high for FCF Margin was 1.82% in Q1 2023, with the low at 891.72% in Q1 2022.
  • Historically, FCF Margin has averaged 352.93% across 5 years, with a median of 333.46% in 2025.
  • Annual changes were most pronounced in 2023 — FCF Margin soared 89353 bps — and 2025, when it tumbled 53233 bps.
  • Applied Digital's FCF Margin stood at 226.47% in 2022, then jumped by 87 bps to 29.16% in 2023, then tumbled by 1448 bps to 451.25% in 2024, then decreased by 20 bps to 541.3% in 2025, then dropped by 5 bps to 568.71% in 2026.
  • The last three FCF Margin figures came in at 568.71% (Q1 2026), 541.3% (Q4 2025), and 333.46% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Infosys 250,975,992.28 Bn 250,975,991.00 Bn 1.56 Bn -
2 International Business Machines 267.32 Bn 252.39 Bn 8.95 Bn 31.02%
3 Wipro 138.60 Bn 137.44 Bn 751.00 Mn 13.44%
4 Accenture 109.98 Bn 101.66 Bn 16.30 Bn 20.33%
5 Cognizant Technology Solutions 25.38 Bn 23.86 Bn 1.78 Bn 3.66%
6 Fidelity National Information Services 21.09 Bn 20.34 Bn 1.11 Bn 15.24%
7 Broadridge Financial Solutions 17.60 Bn 17.30 Bn 626.90 Mn 13.32%
8 Cdw 17.16 Bn 16.58 Bn 1.19 Bn 4.37%
9 Leidos Holdings 15.68 Bn 15.27 Bn 761.00 Mn 6.14%
10 Applied Digital 11.17 Bn 10.17 Bn 53.81 Mn -568.71%

Historic Data

Download Data
DateValue
Feb 28, 2026 -568.71%
Nov 30, 2025 -541.30%
Aug 31, 2025 -333.46%
May 31, 2025 -731.90%
Feb 28, 2025 -589.03%
Nov 30, 2024 -451.25%
Aug 31, 2024 -375.01%
May 31, 2024 -217.92%
Feb 29, 2024 -56.71%
Nov 30, 2023 -29.16%
Aug 31, 2023 -6.09%
May 31, 2023 -138.27%
Feb 28, 2023 1.82%
Nov 30, 2022 -226.47%
Aug 31, 2022 -207.67%
May 31, 2022 -636.95%
Feb 28, 2022 -891.72%