Applied Digital APLD
NASDAQ APLD
$27.21 -1.44 (-5.03%)
At close: Aug 21, 2026 · 4:00 PM EDT

Applied Digital (APLD) Invested Capital (2023 - 2026)

Applied Digital's (APLD) quarterly Invested Capital came in at $58.3 million in Q2 2026, up 327.29% YoY from $13.6 million in Q2 2025, and down 18.61% on a QoQ basis from $71.7 million in Q1 2026.

Applied Digital (APLD) Invested Capital (2023 - 2026) Analysis & Trends

Applied Digital (APLD) has 4 years of Invested Capital data on file, last reported at $58.3 million in Q2 2026.

  • Quarterly Invested Capital rose 327.29% year-over-year to $58.3 million in Q2 2026, while the trailing twelve-month figure through May 2026 was $143.3 million (down 73.5% YoY) and the FY2026 annual result came in at $58.3 million, up 327.29% from the prior year.
  • Invested Capital eased to $58.3 million in Q2 2026, from $71.7 million in the prior quarter.
  • In the past five years, Invested Capital ranged from a high of $198.9 million in Q4 2024 to a low of $1.4 million in Q4 2025.
  • A 4-year average of $94.5 million and a median of $75.6 million in 2023 frame the typical range for Invested Capital.
  • Annual changes were most pronounced in 2025 — Invested Capital slumped 99.31% — and 2026, when it surged 327.29%.
  • Tracing APLD's Invested Capital over 4 years: stood at $79.6 million in 2023, then surged by 150.03% to $198.9 million in 2024, then tumbled by 99.31% to $1.4 million in 2025, then soared by 4144.25% to $58.3 million in 2026.
  • The last three Invested Capital figures came in at $58.3 million (Q2 2026), $71.7 million (Q1 2026), and $1.4 million (Q4 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 International Business Machines 222.17 Bn 210.81 Bn 9.91 Bn 5.78 Bn
2 Accenture 113.08 Bn 102.91 Bn 6.13 Bn 112.82 Mn
3 Infosys 48.61 Bn 48.61 Bn 1.60 Bn -
4 Cgi 33.08 Bn 32.62 Bn - 616.12 Mn
5 Cognizant Technology Solutions 28.83 Bn 27.78 Bn 1.83 Bn 33.00 Mn
6 Fidelity National Information Services 21.35 Bn 20.61 Bn 1.17 Bn 4.23 Bn
7 Broadridge Financial Solutions 21.18 Bn 20.78 Bn 853.00 Mn -
8 Wipro 19.66 Bn 18.59 Bn 738.00 Mn 1.88 Bn
9 Leidos Holdings 17.81 Bn 17.07 Bn 817.00 Mn 22.00 Mn
10 Applied Digital 7.53 Bn 3.55 Bn 97.29 Mn 58.32 Mn

Historic Data

Download Data
DateValue
May 31, 2026 58.32 Mn
Feb 28, 2026 71.65 Mn
Nov 30, 2025 1.37 Mn
Aug 31, 2025 11.96 Mn
May 31, 2025 13.65 Mn
Feb 28, 2025 172.37 Mn
Nov 30, 2024 198.91 Mn
Aug 31, 2024 155.92 Mn
May 31, 2024 170.97 Mn
Feb 29, 2024 150.24 Mn
Nov 30, 2023 79.55 Mn
Aug 31, 2023 48.54 Mn