Applied Digital (APLD) Net Margin (2022 - 2026)
Applied Digital (APLD) posted Net Margin of 79.65% for Q1 2026, down 428.37% on a QoQ basis from 15.07% in Q4 2025, and down 1144.0% year-over-year from 7.63% in Q1 2025.
Applied Digital (APLD) Net Margin (2022 - 2026) Analysis & Trends
Applied Digital's Net Margin history runs 5 years deep, the most recent figure standing at 79.65% for Q1 2026.
- Quarterly Net Margin fell 1144.0% year-over-year to 79.65% in Q1 2026, while the trailing twelve-month figure through Feb 2026 was 67.71% (up 10838.0% YoY) and the FY2025 annual result came in at 162.06%, down 5280.0% from the prior year.
- Net Margin was 79.65% for Q1 2026 at Applied Digital, down from 15.07% in the prior quarter.
- Across five years, Net Margin topped out at 161.98% in Q2 2025 and bottomed at 437.19% in Q2 2024.
- A 5-year average of 105.68% and a median of 30.18% in 2023 frame the typical range for Net Margin.
- Annual changes were most pronounced in 2024 — Net Margin slumped 43211 bps — and 2025, when it surged 59917 bps.
- Applied Digital's Net Margin stood at 13.88% in 2022, then sank by 80 bps to 24.95% in 2023, then sank by 1445 bps to 385.35% in 2024, then soared by 96 bps to 15.07% in 2025, then sank by 428 bps to 79.65% in 2026.
- Business Quant data shows APLD's Net Margin at 79.65% in Q1 2026, 15.07% in Q4 2025, and 28.81% in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | International Business Machines | 193.88 Bn | 178.95 Bn | 9.91 Bn | -0.01% |
| 2 | Accenture | 84.94 Bn | 75.26 Bn | 6.13 Bn | 12.76% |
| 3 | GDS Holdings | 50.55 Bn | 48.40 Bn | 164.04 Mn | 77.94% |
| 4 | Infosys | 44.05 Bn | 44.79 Bn | 1.60 Bn | 1,602.13% |
| 5 | Cgi | 41.25 Bn | 40.60 Bn | - | 10.70% |
| 6 | Fidelity National Information Services | 20.63 Bn | 19.87 Bn | 1.11 Bn | 4.64% |
| 7 | Cognizant Technology Solutions | 20.39 Bn | 18.87 Bn | 1.78 Bn | 12.17% |
| 8 | Wipro | 18.65 Bn | 17.52 Bn | 738.00 Mn | 13.71% |
| 9 | Broadridge Financial Solutions | 16.79 Bn | 16.48 Bn | 626.90 Mn | 14.14% |
| 10 | Applied Digital | 8.74 Bn | 7.74 Bn | 53.81 Mn | -79.65% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |