Growth Metrics

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

Applied Digital's Invested Capital history spans 6 years, with the latest figure at $1.7 billion for Q1 2026.

  • For Q1 2026, Invested Capital rose 163.61% year-over-year to $1.7 billion; the TTM value through Feb 2026 reached $1.7 billion, up 163.61%, while the annual FY2025 figure was $511.3 million, 72.86% up from the prior year.
  • Invested Capital reached $1.7 billion in Q1 2026 per APLD's latest filing, 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.
  • Average Invested Capital over 5 years is $451.0 million, with a median of $268.7 million recorded in 2024.
  • The largest YoY upside for Invested Capital was 3961650.0% in 2022 against a maximum downside of 284.67% in 2022.
  • A 5-year view of Invested Capital shows it 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.
  • Per Business Quant, the three most recent readings for APLD's Invested Capital are $1.7 billion (Q1 2026), $1.5 billion (Q4 2025), and $1.1 billion (Q3 2025).