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

Applied Digital's Gross Margin history runs 5 years deep, the most recent figure standing at 42.49% for Q1 2026.

• Quarterly Gross Margin rose 3534.0% year-over-year to 42.49% in Q1 2026, while the trailing twelve-month figure through Feb 2026 was 40.92% (up 1241.0% YoY) and the FY2025 annual result came in at 29.64%, up 771.0% from the prior year.
• Gross Margin was 42.49% for Q1 2026 at Applied Digital, up from 20.57% in the prior quarter.
• Across five years, Gross Margin topped out at 68.78% in Q2 2024 and bottomed at 102.05% in Q1 2022.
• A 5-year average of 9.45% and a median of 20.57% in 2025 frame the typical range for Gross Margin.
• Annual changes were most pronounced in 2023 — Gross Margin soared 12729 bps — and 2025, when it slumped 15230 bps.
• Applied Digital's Gross Margin stood at 4.28% in 2022, then jumped by 589 bps to 29.46% in 2023, then advanced by 27 bps to 37.34% in 2024, then plunged by 45 bps to 20.57% in 2025, then surged by 107 bps to 42.49% in 2026.
• Business Quant data shows APLD's Gross Margin at 42.49% in Q1 2026, 20.57% in Q4 2025, and 13.41% in Q3 2025.