Applied Digital (APLD) Free Cash Flow (2021 - 2026)
Applied Digital's (APLD) quarterly Free Cash Flow came in at -$1.2 billion in Q2 2026, down 504.22% YoY from $286.1 million in Q2 2025, and down 60.58% on a QoQ basis from -$720.2 million in Q1 2026.
Applied Digital (APLD) Free Cash Flow (2021 - 2026) Analysis & Trends
Applied Digital (APLD) has 6 years of Free Cash Flow data on file, last reported at -$1.2 billion in Q2 2026.
- Quarterly Free Cash Flow fell 504.22% year-over-year to -$1.2 billion in Q2 2026, while the trailing twelve-month figure through May 2026 was -$2.8 billion (down 248.31% YoY) and the FY2026 annual result came in at -$2.8 billion, down 248.31% from the prior year.
- Free Cash Flow fell to -$1.2 billion in Q2 2026, from -$720.2 million in the prior quarter.
- In the past five years, Free Cash Flow ranged from a high of $256000.0 in Q1 2023 to a low of -$1.2 billion in Q2 2026.
- A 5-year average of -$211.7 million and a median of -$59.7 million in 2023 frame the typical range for Free Cash Flow.
- Annual changes were most pronounced in 2022 — Free Cash Flow tumbled 21013.59% — and 2023, when it surged 101.6%.
- Tracing APLD's Free Cash Flow over 5 years: stood at -$27.9 million in 2022, then soared by 68.87% to -$8.7 million in 2023, then tumbled by 1758.29% to -$161.7 million in 2024, then plunged by 251.28% to -$567.9 million in 2025, then sank by 103.64% to -$1.2 billion in 2026.
- The last three Free Cash Flow figures came in at -$1.2 billion (Q2 2026), -$720.2 million (Q1 2026), and -$567.9 million (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | International Business Machines | 222.17 Bn | 210.81 Bn | 9.91 Bn | 2.37 Bn |
| 2 | Accenture | 113.08 Bn | 102.91 Bn | 6.13 Bn | 3.60 Bn |
| 3 | Infosys | 48.61 Bn | 48.61 Bn | 1.60 Bn | - |
| 4 | Cgi | 33.08 Bn | 32.62 Bn | - | 457.05 Mn |
| 5 | Cognizant Technology Solutions | 28.83 Bn | 27.78 Bn | 1.83 Bn | 459.00 Mn |
| 6 | Fidelity National Information Services | 21.35 Bn | 20.61 Bn | 1.17 Bn | 264.00 Mn |
| 7 | Broadridge Financial Solutions | 21.18 Bn | 20.78 Bn | 853.00 Mn | 642.50 Mn |
| 8 | Wipro | 19.66 Bn | 18.59 Bn | 738.00 Mn | 383.00 Mn |
| 9 | Leidos Holdings | 17.81 Bn | 17.07 Bn | 817.00 Mn | 761.00 Mn |
| 10 | Applied Digital | 7.53 Bn | 3.55 Bn | 97.29 Mn | -1.16 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| May 31, 2026 | -1.16 Bn |
| May 31, 2026 | -1.16 Bn |
| Feb 28, 2026 | -720.20 Mn |
| Feb 28, 2026 | -720.20 Mn |
| Nov 30, 2025 | -567.92 Mn |
| Nov 30, 2025 | -567.92 Mn |
| Aug 31, 2025 | -331.44 Mn |
| Aug 31, 2025 | -331.44 Mn |
| May 31, 2025 | -191.41 Mn |
| May 31, 2025 | -191.41 Mn |
| Feb 28, 2025 | -251.60 Mn |
| Feb 28, 2025 | -251.60 Mn |
| Nov 30, 2024 | -161.67 Mn |
| Nov 30, 2024 | -161.67 Mn |
| Aug 31, 2024 | -192.33 Mn |
| Aug 31, 2024 | -192.33 Mn |
| May 31, 2024 | -88.92 Mn |
| May 31, 2024 | -88.92 Mn |
| Feb 29, 2024 | -2.33 Mn |
| Feb 29, 2024 | -2.33 Mn |