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

Applied Digital (APLD) reported Net Margin of 79.65% for Q1 2026, down 1144.0% on a YoY basis from 7.63% in Q1 2025, and down 428.37% quarter-over-quarter from 15.07% in Q4 2025.

Applied Digital (APLD) Net Margin (2022 - 2026) Analysis & Trends

Applied Digital has reported Net Margin for 5 years, with the latest figure at 79.65% in Q1 2026.

  • For the quarter ending Q1 2026, Net Margin fell 1144.0% year-over-year to 79.65%; the trailing twelve-month figure through Feb 2026 stood at 67.71% (up 10838.0% YoY), and the FY2025 full-year result was 162.06%, down 5280.0% from the prior year.
  • Net Margin for Q1 2026 stood at 79.65%, down from 15.07% in the prior quarter.
  • The five-year high for Net Margin was 161.98% in Q2 2025, with the low at 437.19% in Q2 2024.
  • Historically, Net Margin has averaged 105.68% across 5 years, with a median of 30.18% in 2023.
  • Annual changes were most pronounced in 2024 — Net Margin tumbled 43211 bps — and 2025, when it surged 59917 bps.
  • Applied Digital's Net Margin stood at 13.88% in 2022, then tumbled by 80 bps to 24.95% in 2023, then tumbled by 1445 bps to 385.35% in 2024, then jumped by 96 bps to 15.07% in 2025, then tumbled by 428 bps to 79.65% in 2026.
  • The last three Net Margin figures came in at 79.65% (Q1 2026), 15.07% (Q4 2025), and 28.81% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Infosys 250,975,992.28 Bn 250,975,991.00 Bn 1.56 Bn 18.23%
2 International Business Machines 267.32 Bn 252.39 Bn 8.95 Bn -
3 Wipro 138.60 Bn 137.44 Bn 751.00 Mn 14.44%
4 Accenture 109.98 Bn 101.66 Bn 16.30 Bn 10.30%
5 Cognizant Technology Solutions 25.38 Bn 23.86 Bn 1.78 Bn 12.17%
6 Fidelity National Information Services 21.09 Bn 20.34 Bn 1.11 Bn 4.55%
7 Broadridge Financial Solutions 17.60 Bn 17.30 Bn 626.90 Mn 14.14%
8 Cdw 17.16 Bn 16.58 Bn 1.19 Bn 4.14%
9 Leidos Holdings 15.68 Bn 15.27 Bn 761.00 Mn 7.61%
10 Applied Digital 11.17 Bn 10.17 Bn 53.81 Mn -79.65%

Historic Data

Download Data
DateValue
Feb 28, 2026 -79.65%
Nov 30, 2025 -15.07%
Aug 31, 2025 -28.81%
May 31, 2025 161.98%
Feb 28, 2025 -68.21%
Nov 30, 2024 -385.35%
Aug 31, 2024 -12.31%
May 31, 2024 -437.19%
Feb 29, 2024 -144.96%
Nov 30, 2023 -24.95%
Aug 31, 2023 -31.54%
May 31, 2023 -5.07%
May 31, 2022 -13.88%
Feb 28, 2022 -394.54%