Applied Digital (APLD) Net Income (2021 - 2026)
Applied Digital's (APLD) quarterly Net Income came in at -$81.4 million in Q2 2026, down 54.91% YoY from -$180.5 million in Q2 2025, and down 15.35% on a QoQ basis from -$70.6 million in Q1 2026.
Applied Digital (APLD) Net Income (2021 - 2026) Analysis & Trends
Applied Digital (APLD) has 6 years of Net Income data on file, last reported at -$81.4 million in Q2 2026.
- Quarterly Net Income fell 54.91% year-over-year to -$81.4 million in Q2 2026, while the trailing twelve-month figure through May 2026 was -$130.5 million (down 10.03% YoY) and the FY2026 annual result came in at -$1.0 million, changed N/A from the prior year.
- Net Income retreated to -$81.4 million in Q2 2026, from -$70.6 million in the prior quarter.
- In the past five years, Net Income ranged from a high of $21.7 million in Q2 2024 to a low of -$81.4 million in Q2 2026.
- A 5-year average of -$18.5 million and a median of -$10.5 million in 2023 frame the typical range for Net Income.
- Annual changes were most pronounced in 2024 — Net Income soared 2043.02% — and 2025, when it tumbled 341.85%.
- Tracing APLD's Net Income over 5 years: stood at -$1.0 million in 2022, then plunged by 908.52% to -$10.5 million in 2023, then rose by 1.58% to -$10.4 million in 2024, then soared by 216.89% to $12.1 million in 2025, then tumbled by 771.9% to -$81.4 million in 2026.
- The last three Net Income figures came in at -$81.4 million (Q2 2026), -$70.6 million (Q1 2026), and $12.1 million (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | International Business Machines | 222.17 Bn | 210.81 Bn | 9.91 Bn | 2.17 Bn |
| 2 | Accenture | 113.08 Bn | 102.91 Bn | 6.13 Bn | 2.39 Bn |
| 3 | Infosys | 48.61 Bn | 48.61 Bn | 1.60 Bn | 820.00 Mn |
| 4 | Cgi | 33.08 Bn | 32.62 Bn | - | 336.31 Mn |
| 5 | Cognizant Technology Solutions | 28.83 Bn | 27.78 Bn | 1.83 Bn | 644.00 Mn |
| 6 | Fidelity National Information Services | 21.35 Bn | 20.61 Bn | 1.17 Bn | 232.00 Mn |
| 7 | Broadridge Financial Solutions | 21.18 Bn | 20.78 Bn | 853.00 Mn | 398.00 Mn |
| 8 | Wipro | 19.66 Bn | 18.59 Bn | 738.00 Mn | 561.17 Mn |
| 9 | Leidos Holdings | 17.81 Bn | 17.07 Bn | 817.00 Mn | 356.00 Mn |
| 10 | Applied Digital | 7.53 Bn | 3.55 Bn | 97.29 Mn | -81.39 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| May 31, 2026 | -81.39 Mn |
| Feb 28, 2026 | -70.56 Mn |
| Nov 30, 2025 | 12.11 Mn |
| Aug 31, 2025 | 9.32 Mn |
| May 31, 2025 | -52.54 Mn |
| Feb 28, 2025 | -35.56 Mn |
| Nov 30, 2024 | -10.36 Mn |
| Aug 31, 2024 | -20.16 Mn |
| May 31, 2024 | 21.72 Mn |
| Feb 29, 2024 | -21.72 Mn |
| Nov 30, 2023 | -10.53 Mn |
| Aug 31, 2023 | -11.85 Mn |
| May 31, 2023 | -1.12 Mn |
| May 31, 2022 | -1.04 Mn |
| Feb 28, 2022 | -4.05 Mn |
| Nov 30, 2021 | 1.40 Mn |
| Aug 31, 2021 | 243,000.00 |