Applied Digital (APLD) Non-Current Debt (2022 - 2026)

Applied Digital (APLD) reported Non-Current Debt of $2.6 billion for Q1 2026, up 282.11% on a YoY basis from $679.0 million in Q1 2025, and little changed quarter-over-quarter from $2.6 billion in Q4 2025.

Applied Digital (APLD) Non-Current Debt (2022 - 2026) Analysis & Trends

Applied Digital has reported Non-Current Debt for 5 years, with the latest figure at $2.6 billion in Q1 2026.

  • For the quarter ending Q1 2026, Non-Current Debt rose 282.11% year-over-year to $2.6 billion; the trailing twelve-month figure through Feb 2026 stood at $2.6 billion (up 282.11% YoY), and the FY2025 full-year result was $677.8 million, up 752.91% from the prior year.
  • Non-Current Debt for Q1 2026 stood at $2.6 billion, roughly flat from $2.6 billion in the prior quarter.
  • The five-year high for Non-Current Debt was $2.6 billion in Q1 2026, with the low at $12.1 million in Q3 2022.
  • Historically, Non-Current Debt has averaged $578.6 million across 5 years, with a median of $79.5 million in 2024.
  • Annual changes were most pronounced in 2024 — Non-Current Debt decreased 20.48% — and 2025, when it soared 4426.59%.
  • Applied Digital's Non-Current Debt stood at $16.4 million in 2022, then jumped by 102.87% to $33.2 million in 2023, then surged by 1309.44% to $468.2 million in 2024, then surged by 453.99% to $2.6 billion in 2025, then advanced by 0.02% to $2.6 billion in 2026.
  • The last three Non-Current Debt figures came in at $2.6 billion (Q1 2026), $2.6 billion (Q4 2025), and $305.3 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Non-Current Debt (Qtr)
1 Infosys 250,975,992.28 Bn 250,975,991.00 Bn 1.56 Bn 214.83 Bn
2 International Business Machines 267.32 Bn 252.39 Bn 8.95 Bn 57.71 Bn
3 Wipro 138.60 Bn 137.44 Bn 751.00 Mn 21.46 Mn
4 Accenture 109.98 Bn 101.66 Bn 16.30 Bn 5.03 Bn
5 Cognizant Technology Solutions 25.38 Bn 23.86 Bn 1.78 Bn 535.00 Mn
6 Fidelity National Information Services 21.09 Bn 20.34 Bn 1.11 Bn 16.79 Bn
7 Broadridge Financial Solutions 17.60 Bn 17.30 Bn 626.90 Mn 2.73 Bn
8 Cdw 17.16 Bn 16.58 Bn 1.19 Bn 4.64 Bn
9 Leidos Holdings 15.68 Bn 15.27 Bn 761.00 Mn 6.01 Bn
10 Applied Digital 11.17 Bn 10.17 Bn 53.81 Mn 2.59 Bn

Historic Data

Download Data
DateValue
Feb 28, 2026 2.59 Bn
Feb 28, 2026 2.59 Bn
Nov 30, 2025 2.59 Bn
Nov 30, 2025 2.59 Bn
Aug 31, 2025 305.28 Mn
Aug 31, 2025 305.28 Mn
May 31, 2025 677.83 Mn
May 31, 2025 677.83 Mn
Feb 28, 2025 678.99 Mn
Feb 28, 2025 678.99 Mn
Nov 30, 2024 468.24 Mn
Nov 30, 2024 468.24 Mn
Aug 31, 2024 28.13 Mn
Aug 31, 2024 28.13 Mn
May 31, 2024 79.47 Mn
May 31, 2024 79.47 Mn
Feb 29, 2024 15.00 Mn
Feb 29, 2024 15.00 Mn
May 31, 2023 33.22 Mn
May 31, 2023 33.22 Mn