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| Date | Value |
|---|---|
| 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 |