Applied Digital (APLD) Free Cash Flow (2021 - 2026)

Applied Digital's Free Cash Flow history runs 6 years deep, the most recent figure standing at -$1.3 billion for Q1 2026.

• Quarterly Free Cash Flow fell 331.64% year-over-year to -$1.3 billion in Q1 2026, while the trailing twelve-month figure through Feb 2026 was -$1.4 billion (down 102.01% YoY) and the FY2025 annual result came in at -$361.9 million, down 408.07% from the prior year.
• Free Cash Flow was -$1.3 billion for Q1 2026 at Applied Digital, down from $57.4 million in the prior quarter.
• Across five years, Free Cash Flow topped out at $243.7 million in Q2 2025 and bottomed at -$1.3 billion in Q1 2026.
• A 5-year average of -$118.0 million and a median of -$25.2 million in 2022 frame the typical range for Free Cash Flow.
• Annual changes were most pronounced in 2022 — Free Cash Flow soared 26160.24% — and 2024, when it tumbled 1775.71%.
• Applied Digital's Free Cash Flow stood at -$51.3 million in 2022, then jumped by 83.03% to -$8.7 million in 2023, then tumbled by 1775.71% to -$163.2 million in 2024, then soared by 135.18% to $57.4 million in 2025, then plunged by 2443.44% to -$1.3 billion in 2026.
• Business Quant data shows APLD's Free Cash Flow at -$1.3 billion in Q1 2026, $57.4 million in Q4 2025, and -$331.4 million in Q3 2025.