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

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

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

Applied Digital's Non-Current Debt history runs 5 years deep, the most recent figure standing at $2.6 billion for Q1 2026.

  • Quarterly Non-Current Debt rose 282.11% year-over-year to $2.6 billion in Q1 2026, while the trailing twelve-month figure through Feb 2026 was $2.6 billion (up 282.11% YoY) and the FY2025 annual result came in at $677.8 million, up 752.91% from the prior year.
  • Non-Current Debt was $2.6 billion for Q1 2026 at Applied Digital, roughly flat from $2.6 billion in the prior quarter.
  • Across five years, Non-Current Debt topped out at $2.6 billion in Q1 2026 and bottomed at $5.9 million in Q2 2022.
  • A 5-year average of $537.9 million and a median of $56.3 million in 2023 frame the typical range for Non-Current Debt.
  • Annual changes were most pronounced in 2024 — Non-Current Debt fell 6.63% — and 2025, when it jumped 3755.26%.
  • Applied Digital's Non-Current Debt stood at $16.4 million in 2022, then soared by 102.87% to $33.2 million in 2023, then jumped by 1309.44% to $468.2 million in 2024, then jumped by 453.99% to $2.6 billion in 2025, then grew by 0.02% to $2.6 billion in 2026.
  • Business Quant data shows APLD's Non-Current Debt at $2.6 billion in Q1 2026, $2.6 billion in Q4 2025, and $305.3 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Non-Current Debt (Qtr)
1 International Business Machines 193.88 Bn 178.95 Bn 9.91 Bn 56.21 Bn
2 Accenture 84.94 Bn 75.26 Bn 6.13 Bn 5.03 Bn
3 GDS Holdings 50.55 Bn 48.40 Bn 164.04 Mn -
4 Infosys 44.05 Bn 44.79 Bn 1.60 Bn -
5 Cgi 41.25 Bn 40.60 Bn - 2.04 Bn
6 Fidelity National Information Services 20.63 Bn 19.87 Bn 1.11 Bn 16.89 Bn
7 Cognizant Technology Solutions 20.39 Bn 18.87 Bn 1.78 Bn 535.00 Mn
8 Wipro 18.65 Bn 17.52 Bn 738.00 Mn -
9 Broadridge Financial Solutions 16.79 Bn 16.48 Bn 626.90 Mn 3.23 Bn
10 Applied Digital 8.74 Bn 7.74 Bn 53.81 Mn 2.59 Bn

Historic Data

Download Data
DateValue
Feb 28, 2026 2.59 Bn
Nov 30, 2025 2.59 Bn
Aug 31, 2025 305.28 Mn
May 31, 2025 677.83 Mn
Feb 28, 2025 678.99 Mn
Nov 30, 2024 468.24 Mn
Aug 31, 2024 28.13 Mn
May 31, 2024 79.47 Mn
Feb 29, 2024 17.61 Mn
May 31, 2023 33.22 Mn
Feb 28, 2023 18.86 Mn
Nov 30, 2022 16.38 Mn
Aug 31, 2022 12.11 Mn
May 31, 2022 5.90 Mn