Growth Metrics

Applied Digital (APLD) Net Margin (2022 - 2026)

Applied Digital's Net Margin history spans 5 years, with the latest figure at 79.65% for Q1 2026.

  • For Q1 2026, Net Margin fell 1144.0% year-over-year to 79.65%; the TTM value through Feb 2026 reached 67.71%, up 10838.0%, while the annual FY2025 figure was 162.06%, 5280.0% down from the prior year.
  • Net Margin reached 79.65% in Q1 2026 per APLD's latest filing, down from 15.07% in the prior quarter.
  • In the past five years, Net Margin ranged from a high of 161.98% in Q2 2025 to a low of 437.19% in Q2 2024.
  • Average Net Margin over 5 years is 105.68%, with a median of 30.18% recorded in 2023.
  • Peak YoY movement for Net Margin: tumbled -43211bps in 2024, then soared 59917bps in 2025.
  • A 5-year view of Net Margin shows it stood at 13.88% in 2022, then plummeted by -80bps to 24.95% in 2023, then tumbled by -1445bps to 385.35% in 2024, then soared by 96bps to 15.07% in 2025, then crashed by -428bps to 79.65% in 2026.
  • Per Business Quant, the three most recent readings for APLD's Net Margin are 79.65% (Q1 2026), 15.07% (Q4 2025), and 28.81% (Q3 2025).