Applied Digital (APLD) Gross Margin (2022 - 2026)
Applied Digital's (APLD) quarterly Gross Margin came in at 37.6% in Q2 2026, up 4371.0% YoY from 0.84% in Q2 2025, and down 11.5% on a QoQ basis from 42.49% in Q1 2026.
Applied Digital (APLD) Gross Margin (2022 - 2026) Analysis & Trends
Applied Digital (APLD) has 5 years of Gross Margin data on file, last reported at 37.6% in Q2 2026.
- Quarterly Gross Margin rose 4371.0% year-over-year to 37.6% in Q2 2026, while the trailing twelve-month figure through May 2026 was 32.24% (up 1723.0% YoY) and the FY2026 annual result came in at 35.08%, up 2991.0% from the prior year.
- Gross Margin slipped to 37.6% in Q2 2026, from 42.49% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 42.49% in Q1 2026 to a low of 102.05% in Q1 2022.
- A 5-year average of 11.17% and a median of 16.99% in 2025 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2023 — Gross Margin soared 12729 bps — and 2024, when it tumbled 3381 bps.
- Tracing APLD's Gross Margin over 5 years: stood at 4.28% in 2022, then surged by 589 bps to 29.46% in 2023, then rose by 27 bps to 37.34% in 2024, then slumped by 45 bps to 20.57% in 2025, then jumped by 83 bps to 37.6% in 2026.
- The last three Gross Margin figures came in at 37.6% (Q2 2026), 42.49% (Q1 2026), and 20.57% (Q4 2025), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | International Business Machines | 219.38 Bn | 208.02 Bn | 9.91 Bn | 57.73% |
| 2 | Accenture | 111.06 Bn | 100.89 Bn | 6.13 Bn | 32.77% |
| 3 | Infosys | 47.96 Bn | 47.96 Bn | 1.60 Bn | 31.48% |
| 4 | Cgi | 32.80 Bn | 32.34 Bn | - | - |
| 5 | Cognizant Technology Solutions | 28.32 Bn | 27.27 Bn | 1.83 Bn | 33.37% |
| 6 | Fidelity National Information Services | 20.92 Bn | 20.17 Bn | 1.17 Bn | 34.76% |
| 7 | Broadridge Financial Solutions | 20.67 Bn | 20.27 Bn | 853.00 Mn | 38.43% |
| 8 | Wipro | 19.82 Bn | 18.75 Bn | 738.00 Mn | 28.54% |
| 9 | Leidos Holdings | 17.78 Bn | 17.03 Bn | 817.00 Mn | 17.92% |
| 10 | Applied Digital | 7.88 Bn | 3.91 Bn | 97.29 Mn | 37.60% |
Historic Data
Download Data| Date | Value |
|---|---|
| May 31, 2026 | 37.60% |
| Feb 28, 2026 | 42.49% |
| Nov 30, 2025 | 20.57% |
| Aug 31, 2025 | 13.41% |
| May 31, 2025 | -6.11% |
| Feb 28, 2025 | 7.14% |
| Nov 30, 2024 | 37.34% |
| Aug 31, 2024 | 34.74% |
| May 31, 2024 | -5.93% |
| Feb 29, 2024 | -8.57% |
| Nov 30, 2023 | 29.46% |
| Aug 31, 2023 | 30.56% |
| May 31, 2023 | 27.63% |
| Feb 28, 2023 | 25.24% |
| Nov 30, 2022 | 4.28% |
| Aug 31, 2022 | 12.00% |
| May 31, 2022 | 1.20% |
| Feb 28, 2022 | -102.05% |