Applied Digital (APLD) Minority Interest (2022 - 2026)
Applied Digital (APLD) reported Minority Interest of $2.01 billion for fiscal Q1 2027 (quarter ended Aug 31, 2026), up 2.8% from the prior quarter.
Applied Digital (APLD) Minority Interest (2022 - 2026) Analysis & Trends
At the end of FY2026 (ended May 31, 2026), Applied Digital posted Minority Interest of $1.96 billion.
- Minority Interest has a four-year compound annual growth rate of 309.2% (FY2022 to FY2026).
- By fiscal year, Minority Interest came in at $10.16 million in FY2023 (+45.7%) and $6.98 million in FY2022.
- The fiscal Q1 2027 figure ranks as the highest quarterly Minority Interest in data going back to fiscal Q4 2022.
- Per Business Quant data, the three fiscal quarters before Q1 2027 came in at $1.96 billion (Q4 2026), $923.07 million (Q3 2026) and $516.97 million (Q2 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Microsoft | 3,964.86 Bn | 3,888.01 Bn | 60.48 Bn |
| 2 | International Business Machines | 222.38 Bn | 173.19 Bn | 9.91 Bn |
| 3 | Cloudflare | 105.62 Bn | 89.15 Bn | 499.52 Mn |
| 4 | Equinix | 96.25 Bn | 84.81 Bn | 1.40 Bn |
| 5 | Nebius | 41.41 Bn | 14.84 Bn | 448.70 Mn |
| 6 | CoreWeave | 33.73 Bn | 20.82 Bn | 1.70 Bn |
| 7 | Verisign | 27.82 Bn | 25.04 Bn | 384.60 Mn |
| 8 | Nutanix | 18.15 Bn | 9.84 Bn | 651.35 Mn |
| 9 | GoDaddy | 13.94 Bn | 9.52 Bn | 828.20 Mn |
| 10 | Applied Digital | 5.62 Bn | -2.57 Bn | 96.17 Mn |
Historic Data
| Date | Value |
|---|---|
| Aug 31, 2026 | 2.01 Bn |
| 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 |
Applied Digital Minority Interest 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=minority-interest&ticker=APLD&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "minority-interest", "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=minority-interest&ticker=APLD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();