Applied Digital (APLD) FCF Margin (2022 - 2026)
Applied Digital (APLD) posted FCF Margin of -588.16% for fiscal Q1 2027 (quarter ended Aug 31, 2026), down 178.64 percentage points from -409.53% a year earlier and down 141.19 percentage points from the prior quarter.
Applied Digital (APLD) FCF Margin (2022 - 2026) Analysis & Trends
For the trailing twelve months through Aug 31, 2026, FCF Margin at Applied Digital was -521.80%, down 70.52 percentage points year-over-year; for FY2026 (ended May 31, 2026), it was -454.12%, down 105.43 percentage points from FY2025.
- Annual FCF Margin shows a four-year change of +80.43 percentage points (FY2022 to FY2026).
- In prior fiscal years, Applied Digital's FCF Margin was -348.69% in FY2025 (-271.38 pp), -77.32% in FY2024 (+53.65 pp), -130.96% in FY2023 (+403.59 pp) and -534.55% in FY2022.
- The fiscal Q1 2027 figure stands as the lowest quarterly FCF Margin since fiscal Q2 2025.
- On a year-over-year basis, FCF Margin has declined in each of the last three quarters, with an average year-over-year change of -181.00 percentage points over the last eight quarters.
- The strongest year-over-year quarter for FCF Margin in the past five years was fiscal Q3 2023, with a gain of 1558.54 percentage points; the weakest was fiscal Q2 2025, with a drop of 596.90 percentage points.
- According to Business Quant data, FCF Margin for the three prior fiscal quarters was -446.97% (Q4 2026), -568.71% (Q3 2026) and -448.63% (Q2 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,964.86 Bn | 3,888.01 Bn | 60.48 Bn | 21.82% |
| 2 | International Business Machines | 222.38 Bn | 173.19 Bn | 9.91 Bn | 13.80% |
| 3 | Cloudflare | 105.62 Bn | 89.15 Bn | 499.52 Mn | 9.71% |
| 4 | Equinix | 96.25 Bn | 84.81 Bn | 1.40 Bn | -23.31% |
| 5 | Nebius | 41.41 Bn | 14.84 Bn | 448.70 Mn | 1,357.29% |
| 6 | CoreWeave | 33.73 Bn | 20.82 Bn | 1.70 Bn | -223.03% |
| 7 | Verisign | 27.82 Bn | 25.04 Bn | 384.60 Mn | 48.96% |
| 8 | Nutanix | 18.15 Bn | 9.84 Bn | 651.35 Mn | 36.66% |
| 9 | GoDaddy | 13.94 Bn | 9.52 Bn | 828.20 Mn | 33.70% |
| 10 | Applied Digital | 5.62 Bn | -2.57 Bn | 96.17 Mn | -588.16% |
Historic Data
| Date | Value |
|---|---|
| Aug 31, 2026 | -588.16% |
| May 31, 2026 | -446.97% |
| Feb 28, 2026 | -568.71% |
| Nov 30, 2025 | -448.63% |
| Aug 31, 2025 | -409.53% |
| May 31, 2025 | -374.75% |
| Feb 28, 2025 | -475.42% |
| Nov 30, 2024 | -617.52% |
| Aug 31, 2024 | -375.01% |
| May 31, 2024 | -203.47% |
| Feb 29, 2024 | -5.36% |
| Nov 30, 2023 | -20.61% |
| Aug 31, 2023 | -77.29% |
| May 31, 2023 | -138.27% |
| Feb 28, 2023 | 1.82% |
| Nov 30, 2022 | -226.47% |
| Aug 31, 2022 | -207.67% |
| May 31, 2022 | -289.07% |
| Feb 28, 2022 | -1,556.73% |
Applied Digital FCF Margin 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=fcf-margin&ticker=APLD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "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=fcf-margin&ticker=APLD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();