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

Applied Digital (APLD) reported Invested Capital of $1.7 billion for Q1 2026, up 163.61% on a YoY basis from $627.0 million in Q1 2025, and up 13.91% quarter-over-quarter from $1.5 billion in Q4 2025.

Applied Digital (APLD) Invested Capital (2021 - 2026) Analysis & Trends

Applied Digital has reported Invested Capital for 6 years, with the latest figure at $1.7 billion in Q1 2026.

  • For the quarter ending Q1 2026, Invested Capital rose 163.61% year-over-year to $1.7 billion; the trailing twelve-month figure through Feb 2026 stood at $1.7 billion (up 163.61% YoY), and the FY2025 full-year result was $511.3 million, up 72.86% from the prior year.
  • Invested Capital for Q1 2026 stood at $1.7 billion, up from $1.5 billion in the prior quarter.
  • The five-year high for Invested Capital was $1.7 billion in Q1 2026, with the low at -$8.6 million in Q1 2022.
  • Historically, Invested Capital has averaged $451.0 million across 5 years, with a median of $268.7 million in 2024.
  • The largest YoY upside for Invested Capital was 3961650.0% in 2022 against a maximum downside of 284.67% in 2022.
  • Applied Digital's Invested Capital stood at $72.0 million in 2022, then soared by 226.82% to $235.2 million in 2023, then jumped by 169.32% to $633.5 million in 2024, then surged by 129.05% to $1.5 billion in 2025, then rose by 13.91% to $1.7 billion in 2026.
  • The last three Invested Capital figures came in at $1.7 billion (Q1 2026), $1.5 billion (Q4 2025), and $1.1 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 Infosys 250,975,992.28 Bn 250,975,991.00 Bn 1.56 Bn -
2 International Business Machines 267.32 Bn 252.39 Bn 8.95 Bn 41.71 Bn
3 Wipro 138.60 Bn 137.44 Bn 751.00 Mn 120.09 Mn
4 Accenture 109.98 Bn 101.66 Bn 16.30 Bn 36.18 Bn
5 Cognizant Technology Solutions 25.38 Bn 23.86 Bn 1.78 Bn 15.64 Bn
6 Fidelity National Information Services 21.09 Bn 20.34 Bn 1.11 Bn 32.87 Bn
7 Broadridge Financial Solutions 17.60 Bn 17.30 Bn 626.90 Mn 6.05 Bn
8 Cdw 17.16 Bn 16.58 Bn 1.19 Bn 3.56 Bn
9 Leidos Holdings 15.68 Bn 15.27 Bn 761.00 Mn 5.33 Bn
10 Applied Digital 11.17 Bn 10.17 Bn 53.81 Mn 1.65 Bn

Historic Data

Download Data
DateValue
Feb 28, 2026 1.65 Bn
Nov 30, 2025 1.45 Bn
Aug 31, 2025 1.06 Bn
May 31, 2025 511.34 Mn
Feb 28, 2025 627.02 Mn
Nov 30, 2024 633.48 Mn
Aug 31, 2024 397.77 Mn
May 31, 2024 295.80 Mn
Feb 29, 2024 268.73 Mn
Nov 30, 2023 235.21 Mn
Aug 31, 2023 176.49 Mn
May 31, 2023 69.68 Mn
Feb 28, 2023 71.40 Mn
Nov 30, 2022 71.97 Mn
Aug 31, 2022 76.90 Mn
May 31, 2022 79.24 Mn
Feb 28, 2022 -8.61 Mn
Nov 30, 2021 -922,000.00
Aug 31, 2021 -750,000.00
May 31, 2021 2,000.00