Applied Digital (APLD) Interest Coverage Ratio (2021 - 2026)
Applied Digital's (APLD) quarterly Interest Coverage Ratio came in at 11.74 in Q2 2026, down 938.77% YoY from 1.4 in Q2 2025, and down 3331.8% on a QoQ basis from 0.34 in Q1 2026.
Applied Digital (APLD) Interest Coverage Ratio (2021 - 2026) Analysis & Trends
Applied Digital (APLD) has 6 years of Interest Coverage Ratio data on file, last reported at 11.74 in Q2 2026.
- Quarterly Interest Coverage Ratio fell 938.77% year-over-year to 11.74 in Q2 2026, while the trailing twelve-month figure through May 2026 was 3.9 (down 334.99% YoY) and the FY2026 annual result came in at 0.71, down 79.62% from the prior year.
- Interest Coverage Ratio slipped to 11.74 in Q2 2026, from 0.34 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 4.59 in Q3 2024 to a low of 73.35 in Q4 2022.
- A 5-year average of 10.94 and a median of 3.45 in 2023 frame the typical range for Interest Coverage Ratio.
- Annual changes were most pronounced in 2024 — Interest Coverage Ratio soared 232.87% — and 2026, when it slumped 938.77%.
- Tracing APLD's Interest Coverage Ratio over 5 years: stood at 73.35 in 2022, then surged by 95.88% to 3.02 in 2023, then sank by 44.6% to 4.37 in 2024, then surged by 97.2% to 0.12 in 2025, then slumped by 9474.52% to 11.74 in 2026.
- The last three Interest Coverage Ratio figures came in at 11.74 (Q2 2026), 0.34 (Q1 2026), and 0.12 (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | International Business Machines | 222.56 Bn | 211.20 Bn | 9.91 Bn | 5.38 |
| 2 | Accenture | 113.46 Bn | 103.28 Bn | 6.13 Bn | 44.95 |
| 3 | Infosys | 48.69 Bn | 48.69 Bn | 1.60 Bn | 82.46 |
| 4 | Cgi | 33.02 Bn | 32.56 Bn | - | 21.76 |
| 5 | Cognizant Technology Solutions | 28.97 Bn | 27.92 Bn | 1.83 Bn | 67.23 |
| 6 | Fidelity National Information Services | 21.48 Bn | 20.73 Bn | 1.17 Bn | 2.54 |
| 7 | Broadridge Financial Solutions | 20.97 Bn | 20.57 Bn | 853.00 Mn | - |
| 8 | Wipro | 19.66 Bn | 18.59 Bn | 738.00 Mn | -8.29 |
| 9 | Leidos Holdings | 17.84 Bn | 17.09 Bn | 817.00 Mn | - |
| 10 | Applied Digital | 7.49 Bn | 3.51 Bn | 97.29 Mn | -11.74 |
Historic Data
Download Data| Date | Value |
|---|---|
| May 31, 2026 | -11.74 |
| Feb 28, 2026 | -0.34 |
| Nov 30, 2025 | -0.12 |
| Aug 31, 2025 | -2.47 |
| May 31, 2025 | -1.13 |
| Feb 28, 2025 | -2.13 |
| Nov 30, 2024 | -4.37 |
| Aug 31, 2024 | 4.59 |
| May 31, 2024 | -1.53 |
| Feb 29, 2024 | -11.63 |
| Nov 30, 2023 | -3.02 |
| Aug 31, 2023 | -3.45 |
| May 31, 2023 | -5.67 |
| Feb 28, 2023 | -19.86 |
| Nov 30, 2022 | -73.35 |
| Aug 31, 2022 | -11.73 |
| May 31, 2022 | -38.09 |
| May 31, 2021 | -25.54 |