Applied Digital (APLD) Gross Margin (2022 - 2026)
Applied Digital (APLD) reported Gross Margin of 42.49% for Q1 2026, up 3534.0% on a YoY basis from 1.17% in Q1 2025, and up 106.58% quarter-over-quarter from 20.57% in Q4 2025.
Applied Digital (APLD) Gross Margin (2022 - 2026) Analysis & Trends
Applied Digital has reported Gross Margin for 5 years, with the latest figure at 42.49% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin rose 3534.0% year-over-year to 42.49%; the trailing twelve-month figure through Feb 2026 stood at 40.92% (up 1241.0% YoY), and the FY2025 full-year result was 29.64%, up 771.0% from the prior year.
- Gross Margin for Q1 2026 stood at 42.49%, up from 20.57% in the prior quarter.
- The five-year high for Gross Margin was 68.78% in Q2 2024, with the low at 102.05% in Q1 2022.
- Historically, Gross Margin has averaged 9.45% across 5 years, with a median of 20.57% in 2025.
- Annual changes were most pronounced in 2023 — Gross Margin soared 12729 bps — and 2025, when it tumbled 15230 bps.
- Applied Digital's Gross Margin 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 soared by 107 bps to 42.49% in 2026.
- The last three Gross Margin figures came in at 42.49% (Q1 2026), 20.57% (Q4 2025), and 13.41% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 250,975,992.28 Bn | 250,975,991.00 Bn | 1.56 Bn | 30.85% |
| 2 | International Business Machines | 267.32 Bn | 252.39 Bn | 8.95 Bn | 56.23% |
| 3 | Wipro | 138.60 Bn | 137.44 Bn | 751.00 Mn | 29.07% |
| 4 | Accenture | 109.98 Bn | 101.66 Bn | 16.30 Bn | 90.31% |
| 5 | Cognizant Technology Solutions | 25.38 Bn | 23.86 Bn | 1.78 Bn | 32.79% |
| 6 | Fidelity National Information Services | 21.09 Bn | 20.34 Bn | 1.11 Bn | 33.63% |
| 7 | Broadridge Financial Solutions | 17.60 Bn | 17.30 Bn | 626.90 Mn | 32.09% |
| 8 | Cdw | 17.16 Bn | 16.58 Bn | 1.19 Bn | 20.95% |
| 9 | Leidos Holdings | 15.68 Bn | 15.27 Bn | 761.00 Mn | 17.30% |
| 10 | Applied Digital | 11.17 Bn | 10.17 Bn | 53.81 Mn | 42.49% |
Historic Data
Download Data| Date | Value |
|---|---|
| Feb 28, 2026 | 42.49% |
| Nov 30, 2025 | 20.57% |
| Aug 31, 2025 | 13.41% |
| May 31, 2025 | -83.52% |
| Feb 28, 2025 | 7.14% |
| Nov 30, 2024 | 37.34% |
| Aug 31, 2024 | 34.74% |
| May 31, 2024 | 68.78% |
| 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% |