Applied Digital (APLD) Non-Current Assets (2021 - 2026)
Applied Digital's (APLD) quarterly Non-Current Assets came in at $5.3 billion in Q2 2026, up 203.14% on a YoY basis from $1.7 billion in Q2 2025, and up 37.92% quarter-over-quarter from $3.8 billion in Q1 2026.
Analysis
Applied Digital (APLD) Non-Current Assets (2021 - 2026) Analysis & Trends
Applied Digital (APLD) has reported Non-Current Assets for 6 consecutive years, with $5.3 billion the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Non-Current Assets rose 203.14% year-over-year to $5.3 billion; the trailing twelve-month figure through May 2026 stood at $13.4 billion (up 154.91% YoY), and the FY2026 full-year result was $5.3 billion, up 203.14% from the prior year.
- Non-Current Assets improved to $5.3 billion in Q2 2026 per APLD's latest filing, from $3.8 billion in the prior quarter.
- Across five years, Non-Current Assets topped out at $5.3 billion in Q2 2026 and bottomed at $44.8 million in Q1 2022.
- Historically, Non-Current Assets has averaged $1.2 billion across 5 years, with a median of $490.8 million in 2023.
- The sharpest annual moves came in 2022 and 2024: Non-Current Assets surged 2314.86% in 2022, then jumped 64.33% in 2024.
- Over 5 years, Non-Current Assets stood at $146.7 million in 2022, then soared by 202.8% to $444.2 million in 2023, then soared by 173.48% to $1.2 billion in 2024, then surged by 106.79% to $2.5 billion in 2025, then surged by 109.65% to $5.3 billion in 2026.
- According to Business Quant data, Non-Current Assets over the past three periods registered $5.3 billion, $3.8 billion, and $2.5 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Assets (Qtr) |
|---|---|---|---|---|---|
| 1 | Equinix | 100.35 Bn | 98.13 Bn | 1.40 Bn | 36.75 Bn |
| 2 | Terawulf | 7.45 Bn | 4.69 Bn | 32.37 Mn | 5.24 Bn |
| 3 | Cipher Digital | 6.82 Bn | 2.80 Bn | 9.79 Mn | 3.37 Bn |
| 4 | Applied Digital | 6.71 Bn | 2.74 Bn | 97.29 Mn | 5.27 Bn |
| 5 | GDS Holdings | 5.78 Bn | 3.59 Bn | 97.89 Mn | 9.19 Bn |
| 6 | Core Scientific | 5.48 Bn | 3.54 Bn | 70.04 Mn | 2.81 Bn |
| 7 | Vnet | 1.63 Bn | 636.30 Mn | 74.45 Mn | 5.42 Bn |
| 8 | Sify Technologies | 1.44 Bn | 1.44 Bn | 51.65 Mn | - |
| 9 | WhiteFiber | 666.74 Mn | 606.37 Mn | 18.88 Mn | 773.52 Mn |
| 10 | Vulcan Infrastructure & Power | 432.00 Mn | 428.80 Mn | -1.25 Mn | 15.47 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |