Applied Digital APLD
NASDAQ APLD
$24.41 +0.99 (+4.23%)
As of: Sep 16, 2026 · 3:59 PM EDT

Applied Digital (APLD) Liabilities and Shareholders Equity (2021 - 2026)

Applied Digital's (APLD) quarterly Liabilities and Shareholders Equity came in at $9.9 billion in Q2 2026, up 430.95% on a YoY basis from $1.9 billion in Q2 2025, and up 58.95% quarter-over-quarter from $6.2 billion in Q1 2026.

Analysis

Applied Digital (APLD) Liabilities and Shareholders Equity (2021 - 2026) Analysis & Trends

Applied Digital (APLD) has reported Liabilities and Shareholders Equity for 6 consecutive years, with $9.9 billion the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Liabilities and Shareholders Equity rose 430.95% year-over-year to $9.9 billion; the trailing twelve-month figure through May 2026 stood at $23.8 billion (up 292.92% YoY), and the FY2026 full-year result was $9.9 billion, up 430.95% from the prior year.
  • Liabilities and Shareholders Equity improved to $9.9 billion in Q2 2026 per APLD's latest filing, from $6.2 billion in the prior quarter.
  • Across five years, Liabilities and Shareholders Equity topped out at $9.9 billion in Q2 2026 and bottomed at $63.5 million in Q1 2022.
  • Historically, Liabilities and Shareholders Equity has averaged $1.8 billion across 5 years, with a median of $703.0 million in 2024.
  • The sharpest annual moves came in 2022 and 2023: Liabilities and Shareholders Equity soared 697.1% in 2022, then jumped 120.0% in 2023.
  • Over 5 years, Liabilities and Shareholders Equity stood at $167.4 million in 2022, then soared by 187.06% to $480.7 million in 2023, then jumped by 221.06% to $1.5 billion in 2024, then soared by 238.87% to $5.2 billion in 2025, then jumped by 89.88% to $9.9 billion in 2026.
  • According to Business Quant data, Liabilities and Shareholders Equity over the past three periods registered $9.9 billion, $6.2 billion, and $5.2 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Liabilities and Shareholders Equity (Qtr)
1 Equinix 100.35 Bn 98.13 Bn 1.40 Bn 41.08 Bn
2 Terawulf 7.45 Bn 4.69 Bn 32.37 Mn 8.05 Bn
3 Cipher Digital 6.82 Bn 2.80 Bn 9.79 Mn 7.50 Bn
4 Applied Digital 6.71 Bn 2.74 Bn 97.29 Mn 9.93 Bn
5 GDS Holdings 5.78 Bn 3.59 Bn 97.89 Mn 12.60 Bn
6 Core Scientific 5.48 Bn 3.54 Bn 70.04 Mn 5.26 Bn
7 Vnet 1.63 Bn 636.30 Mn 74.45 Mn 247.80 Mn
8 Sify Technologies 1.44 Bn 1.44 Bn 51.65 Mn -
9 WhiteFiber 666.74 Mn 606.37 Mn 18.88 Mn 880.89 Mn
10 Vulcan Infrastructure & Power 432.00 Mn 428.80 Mn -1.25 Mn 39.27 Mn
Historic Data

Historic Data

Download Data
DateValue
May 31, 2026 9.93 Bn
Feb 28, 2026 6.25 Bn
Nov 30, 2025 5.23 Bn
Aug 31, 2025 2.40 Bn
May 31, 2025 1.87 Bn
Feb 28, 2025 1.71 Bn
Nov 30, 2024 1.54 Bn
Aug 31, 2024 937.73 Mn
May 31, 2024 762.87 Mn
Feb 29, 2024 643.17 Mn
Nov 30, 2023 480.65 Mn
Aug 31, 2023 349.15 Mn
May 31, 2023 263.96 Mn
Feb 28, 2023 207.61 Mn
Nov 30, 2022 167.44 Mn
Aug 31, 2022 145.92 Mn
May 31, 2022 119.98 Mn
Feb 28, 2022 63.49 Mn
May 31, 2021 15.05 Mn