Applied Digital (APLD) Net Income towards Common Stockholders (2021 - 2026)
Applied Digital's (APLD) quarterly Net Income towards Common Stockholders came in at -$111.7 million in Q2 2026, down 107.12% on a YoY basis from $1.6 billion in Q2 2025, and down 10.76% quarter-over-quarter from -$100.9 million in Q1 2026.
Analysis
Applied Digital (APLD) Net Income towards Common Stockholders (2021 - 2026) Analysis & Trends
Applied Digital (APLD) has reported Net Income towards Common Stockholders for 6 consecutive years, with -$111.7 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Net Income towards Common Stockholders fell 107.12% year-over-year to -$111.7 million; the trailing twelve-month figure through May 2026 stood at -$250.2 million (down 7.05% YoY), and the FY2026 full-year result was -$250.3 million, down 7.1% from the prior year.
- Net Income towards Common Stockholders declined to -$111.7 million in Q2 2026 per APLD's latest filing, from -$100.9 million in the prior quarter.
- Across five years, Net Income towards Common Stockholders topped out at -$4.3 million in Q3 2024 and bottomed at -$139.4 million in Q4 2024.
- Historically, Net Income towards Common Stockholders has averaged -$38.4 million across 5 years, with a median of -$18.8 million in 2025.
- The sharpest annual moves came in 2022 and 2025: Net Income towards Common Stockholders slumped 15543.27% in 2022, then soared 86.31% in 2025.
- Over 5 years, Net Income towards Common Stockholders stood at -$26.8 million in 2022, then jumped by 60.64% to -$10.5 million in 2023, then plunged by 1223.53% to -$139.4 million in 2024, then jumped by 86.31% to -$19.1 million in 2025, then sank by 485.45% to -$111.7 million in 2026.
- According to Business Quant data, Net Income towards Common Stockholders over the past three periods registered -$111.7 million, -$100.9 million, and -$19.1 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Equinix | 100.35 Bn | 98.13 Bn | 1.40 Bn | 477.00 Mn |
| 2 | Terawulf | 7.45 Bn | 4.69 Bn | 32.37 Mn | -929.76 Mn |
| 3 | Cipher Digital | 6.82 Bn | 2.80 Bn | 9.79 Mn | -267.53 Mn |
| 4 | Applied Digital | 6.71 Bn | 2.74 Bn | 97.29 Mn | -111.72 Mn |
| 5 | GDS Holdings | 5.78 Bn | 3.59 Bn | 97.89 Mn | 123.10 Mn |
| 6 | Core Scientific | 5.48 Bn | 3.54 Bn | 70.04 Mn | -1.16 Bn |
| 7 | Vnet | 1.63 Bn | 636.30 Mn | 74.45 Mn | -21.32 Mn |
| 8 | Sify Technologies | 1.44 Bn | 1.44 Bn | 51.65 Mn | 13.57 Mn |
| 9 | WhiteFiber | 666.74 Mn | 606.37 Mn | 18.88 Mn | -14.98 Mn |
| 10 | Vulcan Infrastructure & Power | 432.00 Mn | 428.80 Mn | -1.25 Mn | -9.90 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | -111.72 Mn |
| Feb 28, 2026 | -100.86 Mn |
| Nov 30, 2025 | -19.08 Mn |
| Aug 31, 2025 | -18.50 Mn |
| May 31, 2025 | -53.94 Mn |
| Feb 28, 2025 | -36.10 Mn |
| Nov 30, 2024 | -139.36 Mn |
| Aug 31, 2024 | -4.29 Mn |
| May 31, 2024 | -64.45 Mn |
| Feb 29, 2024 | -62.84 Mn |
| Nov 30, 2023 | -10.53 Mn |
| Aug 31, 2023 | -11.46 Mn |
| May 31, 2023 | -6.86 Mn |
| Feb 28, 2023 | -7.34 Mn |
| Nov 30, 2022 | -26.75 Mn |
| Aug 31, 2022 | -4.66 Mn |
| May 31, 2022 | -5.69 Mn |
| Feb 28, 2022 | -6.45 Mn |
| Nov 30, 2021 | -171,000.00 |
| Aug 31, 2021 | -14.10 Mn |