Applied Digital (APLD) Interest Expenses (2021 - 2026)
Applied Digital (APLD) recorded Interest Expenses of $77.38 million in fiscal Q1 2027 (quarter ended Aug 31, 2026), up 865.7% from $8.01 million a year earlier and up 627.8% from the prior quarter.
Powered by 
Analysis
Applied Digital (APLD) Interest Expenses (2021 - 2026) Analysis & Trends
On a TTM basis, Applied Digital's Interest Expenses came in at $97.11 million as of Aug 31, 2026, up 243.3% year-over-year; for FY2026 (ended May 31, 2026), it was $29.52 million, down 8.2% from FY2025.
- Annual Interest Expenses has a five-year compound annual growth rate of 162.7% (FY2021 to FY2026).
- Across earlier fiscal years, Interest Expenses came in at $32.14 million in FY2025 (+16.8%), $27.52 million in FY2024, $2.01 million in FY2023 and $112,000 in FY2022 (-52.5%).
- The fiscal Q1 2027 figure is the highest quarterly Interest Expenses in data going back to fiscal Q4 2021.
- On a year-over-year basis, Interest Expenses rose in six of the last seven quarters, with growth averaging 200.0%.
- Peak year-over-year performance for Interest Expenses in the last five years was growth of 865.7% in fiscal Q1 2027, against a decline of 53.0% in fiscal Q4 2025 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at $10.63 million (Q4 2026), -$2.39 million (Q3 2026) and $11.48 million (Q2 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,949.40 Bn | 3,872.56 Bn | 60.48 Bn | 839.00 Mn |
| 2 | International Business Machines | 225.91 Bn | 176.72 Bn | 9.91 Bn | 486.00 Mn |
| 3 | Cloudflare | 104.69 Bn | 88.22 Bn | 499.52 Mn | 3.09 Mn |
| 4 | Equinix | 97.67 Bn | 86.24 Bn | 1.40 Bn | 151.00 Mn |
| 5 | Nebius | 41.73 Bn | 15.17 Bn | 448.70 Mn | -119.10 Mn |
| 6 | CoreWeave | 34.60 Bn | 21.69 Bn | 1.70 Bn | - |
| 7 | Verisign | 27.86 Bn | 25.07 Bn | 384.60 Mn | 19.20 Mn |
| 8 | Nutanix | 18.21 Bn | 9.89 Bn | 651.35 Mn | - |
| 9 | GoDaddy | 14.19 Bn | 9.76 Bn | 828.20 Mn | 37.40 Mn |
| 10 | Applied Digital | 5.78 Bn | -2.41 Bn | 96.17 Mn | 77.38 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 31, 2026 | 77.38 Mn |
| May 31, 2026 | 10.63 Mn |
| Feb 28, 2026 | -2.39 Mn |
| Nov 30, 2025 | 11.48 Mn |
| Aug 31, 2025 | 8.01 Mn |
| May 31, 2025 | 8.45 Mn |
| Feb 28, 2025 | 8.90 Mn |
| Nov 30, 2024 | 2.93 Mn |
| Aug 31, 2024 | 2.96 Mn |
| May 31, 2024 | 18.00 Mn |
| Feb 29, 2024 | 4.77 Mn |
| Nov 30, 2023 | 2.62 Mn |
| Aug 31, 2023 | 2.13 Mn |
| May 31, 2023 | 945,000.00 |
| Feb 28, 2023 | 352,000.00 |
| Nov 30, 2022 | 364,000.00 |
| Aug 31, 2022 | 356,000.00 |
| May 31, 2022 | 112,000.00 |
| May 31, 2021 | 13,000.00 |
API Access
Applied Digital Interest Expenses 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=interest-expenses&ticker=APLD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "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=interest-expenses&ticker=APLD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();