Applied Digital (APLD) Non-Current Assets (2021 - 2026)
Applied Digital (APLD) reported Non-Current Assets of $7.62 billion for fiscal Q1 2027 (quarter ended Aug 31, 2026), up 333.9% from $1.76 billion a year earlier and up 44.8% from the prior quarter.
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Analysis
Applied Digital (APLD) Non-Current Assets (2021 - 2026) Analysis & Trends
At the end of FY2026 (ended May 31, 2026), Applied Digital posted Non-Current Assets of $5.27 billion, up 203.1% from FY2025.
- Non-Current Assets has increased for four consecutive fiscal years, with a five-year compound annual growth rate of 337.2% (FY2021 to FY2026).
- By fiscal year, Non-Current Assets came in at $1.74 billion in FY2025 (+384.3%), $358.72 million in FY2024 (+64.3%), $218.29 million in FY2023 (+174.2%) and $79.62 million in FY2022.
- The fiscal Q1 2027 figure ranks as the highest quarterly Non-Current Assets in data going back to fiscal Q4 2021.
- Year over year, Non-Current Assets has now increased in each of the last 15 quarters, with growth averaging 205.1% over the last eight quarters.
- Over the past five years, the year-over-year growth in Non-Current Assets ranged from 64.3% (fiscal Q4 2024) to 384.3% (fiscal Q4 2025).
- Per Business Quant data, the three fiscal quarters before Q1 2027 came in at $5.27 billion (Q4 2026), $3.82 billion (Q3 2026) and $2.51 billion (Q2 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Assets (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,964.86 Bn | 3,888.01 Bn | 60.48 Bn | 550.67 Bn |
| 2 | International Business Machines | 222.38 Bn | 173.19 Bn | 9.91 Bn | 123.70 Bn |
| 3 | Cloudflare | 105.62 Bn | 89.15 Bn | 499.52 Mn | 1.70 Bn |
| 4 | Equinix | 96.25 Bn | 84.81 Bn | 1.40 Bn | 36.75 Bn |
| 5 | Nebius | 41.41 Bn | 14.84 Bn | 448.70 Mn | 18.35 Bn |
| 6 | CoreWeave | 33.73 Bn | 20.82 Bn | 1.70 Bn | 18.20 Bn |
| 7 | Verisign | 27.82 Bn | 25.04 Bn | 384.60 Mn | 680.50 Mn |
| 8 | Nutanix | 18.15 Bn | 9.84 Bn | 651.35 Mn | - |
| 9 | GoDaddy | 13.94 Bn | 9.52 Bn | 828.20 Mn | 6.02 Bn |
| 10 | Applied Digital | 5.62 Bn | -2.57 Bn | 96.17 Mn | 7.62 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 31, 2026 | 7.62 Bn |
| May 31, 2026 | 5.27 Bn |
| Feb 28, 2026 | 3.82 Bn |
| Nov 30, 2025 | 2.51 Bn |
| Aug 31, 2025 | 1.76 Bn |
| May 31, 2025 | 1.74 Bn |
| Feb 28, 2025 | 1.43 Bn |
| Nov 30, 2024 | 1.21 Bn |
| Aug 31, 2024 | 853.62 Mn |
| May 31, 2024 | 358.72 Mn |
| Feb 29, 2024 | 537.47 Mn |
| Nov 30, 2023 | 444.20 Mn |
| Aug 31, 2023 | 315.61 Mn |
| May 31, 2023 | 218.29 Mn |
| Feb 28, 2023 | 183.22 Mn |
| Nov 30, 2022 | 146.70 Mn |
| Aug 31, 2022 | 103.54 Mn |
| May 31, 2022 | 79.62 Mn |
| Feb 28, 2022 | 44.83 Mn |
| May 31, 2021 | 3.30 Mn |
API Access
Applied Digital Non-Current Assets API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=non-current-assets&ticker=APLD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-current-assets", "ticker": "APLD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=non-current-assets&ticker=APLD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();