Applied Digital (APLD) Net Cash Flow (2021 - 2026)
Applied Digital (APLD) reported Net Cash Flow of -$475.49 million for fiscal Q1 2027 (quarter ended Aug 31, 2026), compared with -$9.21 million a year earlier.
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Analysis
Applied Digital (APLD) Net Cash Flow (2021 - 2026) Analysis & Trends
Over the twelve months ended Aug 31, 2026, Applied Digital's Net Cash Flow came in at $3.56 billion; for FY2026 (ended May 31, 2026), it was $4.03 billion.
- Net Cash Flow has a five-year compound annual growth rate of 221.4% (FY2021 to FY2026).
- By fiscal year, Net Cash Flow came in at $91.63 million in FY2025, -$11.89 million in FY2024, -$2.73 million in FY2023 and $35.59 million in FY2022 (+202.9%).
- The fiscal Q1 2027 figure ranks as the lowest quarterly Net Cash Flow in data going back to fiscal Q4 2021.
- Per Business Quant data, the three fiscal quarters before Q1 2027 came in at $2.05 billion (Q4 2026), -$188.09 million (Q3 2026) and $2.18 billion (Q2 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | NCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,964.86 Bn | 3,888.01 Bn | 60.48 Bn | -11.17 Bn |
| 2 | International Business Machines | 222.38 Bn | 173.19 Bn | 9.91 Bn | -3.61 Bn |
| 3 | Cloudflare | 105.62 Bn | 89.15 Bn | 499.52 Mn | 731.52 Mn |
| 4 | Equinix | 96.25 Bn | 84.81 Bn | 1.40 Bn | -404.00 Mn |
| 5 | Nebius | 41.41 Bn | 14.84 Bn | 448.70 Mn | -534.70 Mn |
| 6 | CoreWeave | 33.73 Bn | 20.82 Bn | 1.70 Bn | 3.58 Bn |
| 7 | Verisign | 27.82 Bn | 25.04 Bn | 384.60 Mn | 363.90 Mn |
| 8 | Nutanix | 18.15 Bn | 9.84 Bn | 651.35 Mn | 57.91 Mn |
| 9 | GoDaddy | 13.94 Bn | 9.52 Bn | 828.20 Mn | -105.90 Mn |
| 10 | Applied Digital | 5.62 Bn | -2.57 Bn | 96.17 Mn | -475.49 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 31, 2026 | -475.49 Mn |
| May 31, 2026 | 2.05 Bn |
| Feb 28, 2026 | -188.09 Mn |
| Nov 30, 2025 | 2.18 Bn |
| Aug 31, 2025 | -9.21 Mn |
| May 31, 2025 | -137.91 Mn |
| Feb 28, 2025 | -53.36 Mn |
| Nov 30, 2024 | 228.02 Mn |
| Aug 31, 2024 | 54.87 Mn |
| May 31, 2024 | -9.29 Mn |
| Feb 29, 2024 | 6.35 Mn |
| Nov 30, 2023 | 3.42 Mn |
| Aug 31, 2023 | -12.36 Mn |
| May 31, 2023 | 20.65 Mn |
| Feb 28, 2023 | 4.85 Mn |
| Nov 30, 2022 | -22.76 Mn |
| Aug 31, 2022 | -5.47 Mn |
| May 31, 2022 | 35.38 Mn |
| Feb 28, 2022 | -153,000.00 |
| Nov 30, 2021 | -16.38 Mn |
API Access
Applied Digital Net Cash Flow 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=net-cash-flow&ticker=APLD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-cash-flow", "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=net-cash-flow&ticker=APLD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();