Applied Digital (APLD) Net Margin (2022 - 2026)
Applied Digital's (APLD) quarterly Net Margin came in at 43.18% in Q2 2026, up 6243.0% YoY from 0.68% in Q2 2025, and up 45.79% on a QoQ basis from 79.65% in Q1 2026.
Applied Digital (APLD) Net Margin (2022 - 2026) Analysis & Trends
Applied Digital (APLD) has 5 years of Net Margin data on file, last reported at 43.18% in Q2 2026.
- Quarterly Net Margin rose 6243.0% year-over-year to 43.18% in Q2 2026, while the trailing twelve-month figure through May 2026 was 43.42% (up 9011.0% YoY) and the FY2026 annual result came in at 40.94%, up 6130.0% from the prior year.
- Net Margin improved to 43.18% in Q2 2026, from 79.65% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 5.07% in Q2 2023 to a low of 394.54% in Q1 2022.
- A 5-year average of 100.04% and a median of 43.18% in 2026 frame the typical range for Net Margin.
- Annual changes were most pronounced in 2024 — Net Margin plunged 36040 bps — and 2025, when it soared 37028 bps.
- Tracing APLD's Net Margin over 5 years: 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 186 bps to 43.18% in 2026.
- The last three Net Margin figures came in at 43.18% (Q2 2026), 79.65% (Q1 2026), and 15.07% (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | International Business Machines | 219.38 Bn | 208.02 Bn | 9.91 Bn | 12.62% |
| 2 | Accenture | 111.06 Bn | 100.89 Bn | 6.13 Bn | 12.76% |
| 3 | Infosys | 47.96 Bn | 47.96 Bn | 1.60 Bn | 0.12% |
| 4 | Cgi | 32.80 Bn | 32.34 Bn | - | 11.09% |
| 5 | Cognizant Technology Solutions | 28.32 Bn | 27.27 Bn | 1.83 Bn | 11.75% |
| 6 | Fidelity National Information Services | 20.92 Bn | 20.17 Bn | 1.17 Bn | 6.87% |
| 7 | Broadridge Financial Solutions | 20.67 Bn | 20.27 Bn | 853.00 Mn | 17.93% |
| 8 | Wipro | 19.82 Bn | 18.75 Bn | 738.00 Mn | 13.71% |
| 9 | Leidos Holdings | 17.78 Bn | 17.03 Bn | 817.00 Mn | 7.81% |
| 10 | Applied Digital | 7.88 Bn | 3.91 Bn | 97.29 Mn | -43.18% |
Historic Data
Download Data| Date | Value |
|---|---|
| May 31, 2026 | -43.18% |
| Feb 28, 2026 | -79.65% |
| Nov 30, 2025 | -15.07% |
| Aug 31, 2025 | -28.81% |
| May 31, 2025 | -105.61% |
| Feb 28, 2025 | -68.21% |
| Nov 30, 2024 | -385.35% |
| Aug 31, 2024 | -12.31% |
| May 31, 2024 | -147.49% |
| 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% |