Growth Metrics

Applied Digital (APLD) Invested Capital (2021 - 2026)

Applied Digital filings provide 6 years of Invested Capital readings, the most recent being $1.7 billion for Q1 2026.

  • On a quarterly basis, Invested Capital rose 163.61% to $1.7 billion in Q1 2026 year-over-year; TTM through Feb 2026 was $1.7 billion, a 163.61% increase, with the full-year FY2025 number at $511.3 million, up 72.86% from a year prior.
  • Invested Capital hit $1.7 billion in Q1 2026 for Applied Digital, up from $1.5 billion in the prior quarter.
  • In the past five years, Invested Capital ranged from a high of $1.7 billion in Q1 2026 to a low of -$8.6 million in Q1 2022.
  • Median Invested Capital over the past 5 years was $268.7 million (2024), compared with a mean of $451.0 million.
  • The widest YoY moves for Invested Capital: up 3961650.0% in 2022, down 284.67% in 2022.
  • Applied Digital's Invested Capital stood at $72.0 million in 2022, then surged by 226.82% to $235.2 million in 2023, then soared by 169.32% to $633.5 million in 2024, then skyrocketed by 129.05% to $1.5 billion in 2025, then increased by 13.91% to $1.7 billion in 2026.
  • The last three reported values for Invested Capital were $1.7 billion (Q1 2026), $1.5 billion (Q4 2025), and $1.1 billion (Q3 2025) per Business Quant data.