Applied Digital (APLD) Gross Profit (2022 - 2026)
Applied Digital's (APLD) quarterly Gross Profit came in at $97.3 million in Q2 2026, up 3217.24% on a YoY basis from $2.9 million in Q2 2025, and up 80.82% quarter-over-quarter from $53.8 million in Q1 2026.
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Analysis
Applied Digital (APLD) Gross Profit (2022 - 2026) Analysis & Trends
Applied Digital (APLD) has reported Gross Profit for 5 consecutive years, with $97.3 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Gross Profit rose 3217.24% year-over-year to $97.3 million; the trailing twelve-month figure through May 2026 stood at $185.7 million (up 607.12% YoY), and the FY2026 full-year result was $214.5 million, up 1715.86% from the prior year.
- Gross Profit climbed to $97.3 million in Q2 2026 per APLD's latest filing, from $53.8 million in the prior quarter.
- Across five years, Gross Profit topped out at $97.3 million in Q2 2026 and bottomed at -$3.7 million in Q1 2024.
- Historically, Gross Profit has averaged $13.3 million across 5 years, with a median of $4.9 million in 2023.
- The sharpest annual moves came in 2023 and 2024: Gross Profit surged 6664.44% in 2023, then tumbled 204.39% in 2024.
- Over 5 years, Gross Profit stood at $528000.0 in 2022, then jumped by 2254.92% to $12.4 million in 2023, then increased by 8.59% to $13.5 million in 2024, then surged by 92.83% to $26.0 million in 2025, then surged by 273.67% to $97.3 million in 2026.
- According to Business Quant data, Gross Profit over the past three periods registered $97.3 million, $53.8 million, and $26.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Equinix | 100.78 Bn | 98.58 Bn | 1.40 Bn |
| 2 | Terawulf | 8.49 Bn | 5.72 Bn | 32.37 Mn |
| 3 | Applied Digital | 8.10 Bn | 6.08 Bn | 97.29 Mn |
| 4 | Cipher Digital | 7.60 Bn | 3.60 Bn | 9.79 Mn |
| 5 | GDS Holdings | 6.77 Bn | 4.71 Bn | 97.89 Mn |
| 6 | Core Scientific | 5.75 Bn | 3.81 Bn | 70.04 Mn |
| 7 | Vnet | 1.75 Bn | 868.32 Mn | 74.45 Mn |
| 8 | Sify Technologies | 1.48 Bn | 1.48 Bn | 51.65 Mn |
| 9 | WhiteFiber | 736.82 Mn | 676.45 Mn | 18.88 Mn |
| 10 | Vulcan Infrastructure & Power | 454.82 Mn | 451.62 Mn | -1.25 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 97.29 Mn |
| Feb 28, 2026 | 53.81 Mn |
| Nov 30, 2025 | 26.04 Mn |
| Aug 31, 2025 | 8.61 Mn |
| May 31, 2025 | -3.12 Mn |
| Feb 28, 2025 | 3.78 Mn |
| Nov 30, 2024 | 13.50 Mn |
| Aug 31, 2024 | 12.11 Mn |
| May 31, 2024 | -2.59 Mn |
| Feb 29, 2024 | -3.71 Mn |
| Nov 30, 2023 | 12.43 Mn |
| Aug 31, 2023 | 11.10 Mn |
| May 31, 2023 | 6.09 Mn |
| Feb 28, 2023 | 3.56 Mn |
| Nov 30, 2022 | 528,000.00 |
| Aug 31, 2022 | 831,000.00 |
| May 31, 2022 | 90,000.00 |
| Feb 28, 2022 | -1.05 Mn |
API Access
Applied Digital Gross Profit API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-profit&ticker=APLD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-profit", "ticker": "APLD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-profit&ticker=APLD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();