Applied Digital (APLD) Liabilities and Shareholders Equity (2021 - 2026)
Applied Digital (APLD) posted Liabilities and Shareholders Equity of $11.71 billion for fiscal Q1 2027 (quarter ended Aug 31, 2026), up 388.0% from $2.4 billion a year earlier and up 17.9% from the prior quarter.
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Analysis
Applied Digital (APLD) Liabilities and Shareholders Equity (2021 - 2026) Analysis & Trends
At the end of FY2026 (ended May 31, 2026), Applied Digital's Liabilities and Shareholders Equity came in at $9.93 billion, up 431.0% from FY2025.
- Annual Liabilities and Shareholders Equity has increased for five consecutive fiscal years, with a five-year compound annual growth rate of 266.3% (FY2021 to FY2026).
- In prior fiscal years, Applied Digital's Liabilities and Shareholders Equity was $1.87 billion in FY2025 (+145.1%), $762.87 million in FY2024 (+189.0%), $263.96 million in FY2023 (+120.0%) and $119.98 million in FY2022 (+697.1%).
- The fiscal Q1 2027 figure stands as the highest quarterly Liabilities and Shareholders Equity in data going back to fiscal Q4 2021.
- On a year-over-year basis, Liabilities and Shareholders Equity has increased in each of the last 15 quarters, with growth averaging 251.4% over the last eight quarters.
- Over the past five years, the year-over-year growth in Liabilities and Shareholders Equity ranged from 120.0% (fiscal Q4 2023) to 697.1% (fiscal Q4 2022).
- According to Business Quant data, Liabilities and Shareholders Equity for the three prior fiscal quarters was $9.93 billion (Q4 2026), $6.25 billion (Q3 2026) and $5.23 billion (Q2 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Liabilities and Shareholders Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,964.86 Bn | 3,888.01 Bn | 60.48 Bn | 758.38 Bn |
| 2 | International Business Machines | 222.38 Bn | 173.19 Bn | 9.91 Bn | 152.10 Bn |
| 3 | Cloudflare | 105.62 Bn | 89.15 Bn | 499.52 Mn | 6.47 Bn |
| 4 | Equinix | 96.25 Bn | 84.81 Bn | 1.40 Bn | 41.08 Bn |
| 5 | Nebius | 41.41 Bn | 14.84 Bn | 448.70 Mn | 27.96 Bn |
| 6 | CoreWeave | 33.73 Bn | 20.82 Bn | 1.70 Bn | 77.07 Bn |
| 7 | Verisign | 27.82 Bn | 25.04 Bn | 384.60 Mn | 1.80 Bn |
| 8 | Nutanix | 18.15 Bn | 9.84 Bn | 651.35 Mn | 5.07 Bn |
| 9 | GoDaddy | 13.94 Bn | 9.52 Bn | 828.20 Mn | 8.00 Bn |
| 10 | Applied Digital | 5.62 Bn | -2.57 Bn | 96.17 Mn | 11.71 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 31, 2026 | 11.71 Bn |
| 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 |
API Access
Applied Digital Liabilities and Shareholders Equity API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=liabilities-and-shareholders-equity&ticker=APLD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "liabilities-and-shareholders-equity", "ticker": "APLD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=liabilities-and-shareholders-equity&ticker=APLD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();