Applied Digital (APLD) Minority Interest (2022 - 2026)
Applied Digital's (APLD) quarterly Minority Interest came in at $2.0 billion in Q2 2026, up 111.94% quarter-over-quarter from $923.1 million in Q1 2026.
Analysis
Applied Digital (APLD) Minority Interest (2022 - 2026) Analysis & Trends
Applied Digital (APLD) has reported Minority Interest for 4 consecutive years, with $2.0 billion the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Minority Interest changed N/A year-over-year to $2.0 billion; the trailing twelve-month figure through May 2026 stood at $2.0 billion (changed N/A YoY), and the FY2026 full-year result was $2.0 billion, changed N/A from the prior year.
- Minority Interest rose to $2.0 billion in Q2 2026 per APLD's latest filing, from $923.1 million in the prior quarter.
- Across five years, Minority Interest topped out at $2.0 billion in Q2 2026 and bottomed at $7.0 million in Q2 2022.
- Historically, Minority Interest has averaged $430.1 million across 4 years, with a median of $10.4 million in 2023.
- The widest YoY moves for Minority Interest: up 45.67% in 2023, down 45.67% in 2023.
- Over 4 years, Minority Interest stood at $8.5 million in 2022, then gained by 20.1% to $10.2 million in 2023, then soared by 4987.31% to $517.0 million in 2025, then surged by 278.42% to $2.0 billion in 2026.
- According to Business Quant data, Minority Interest over the past three periods registered $2.0 billion, $923.1 million, and $517.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Equinix | 100.35 Bn | 98.13 Bn | 1.40 Bn |
| 2 | Terawulf | 7.45 Bn | 4.69 Bn | 32.37 Mn |
| 3 | Cipher Digital | 6.82 Bn | 2.80 Bn | 9.79 Mn |
| 4 | Applied Digital | 6.71 Bn | 2.74 Bn | 97.29 Mn |
| 5 | GDS Holdings | 5.78 Bn | 3.59 Bn | 97.89 Mn |
| 6 | Core Scientific | 5.48 Bn | 3.54 Bn | 70.04 Mn |
| 7 | Vnet | 1.63 Bn | 636.30 Mn | 74.45 Mn |
| 8 | Sify Technologies | 1.44 Bn | 1.44 Bn | 51.65 Mn |
| 9 | WhiteFiber | 666.74 Mn | 606.37 Mn | 18.88 Mn |
| 10 | Vulcan Infrastructure & Power | 432.00 Mn | 428.80 Mn | -1.25 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 1.96 Bn |
| Feb 28, 2026 | 923.07 Mn |
| Nov 30, 2025 | 516.97 Mn |
| May 31, 2023 | 10.16 Mn |
| Feb 28, 2023 | 10.55 Mn |
| Nov 30, 2022 | 8.46 Mn |
| Aug 31, 2022 | 8.59 Mn |
| May 31, 2022 | 6.98 Mn |