Applied Digital (APLD) Notes Payables (2021 - 2026)
Applied Digital's (APLD) quarterly Notes Payables came in at $16.4 million in Q2 2026, up 58.96% on a YoY basis from $10.3 million in Q2 2025, and down 83.27% quarter-over-quarter from $98.2 million in Q1 2026.
Analysis
Applied Digital (APLD) Notes Payables (2021 - 2026) Analysis & Trends
Applied Digital (APLD) has reported Notes Payables for 6 consecutive years, with $16.4 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Notes Payables rose 58.96% year-over-year to $16.4 million; the trailing twelve-month figure through May 2026 stood at $16.4 million (up 58.96% YoY), and the FY2026 full-year result was $16.4 million, up 58.96% from the prior year.
- Notes Payables slipped to $16.4 million in Q2 2026 per APLD's latest filing, from $98.2 million in the prior quarter.
- Across five years, Notes Payables topped out at $382.1 million in Q3 2025 and bottomed at $1.3 million in Q2 2022.
- Historically, Notes Payables has averaged $38.9 million across 5 years, with a median of $10.1 million in 2025.
- The widest YoY moves for Notes Payables: up 1154.12% in 2025, down 71.17% in 2025.
- Over 5 years, Notes Payables stood at $4.1 million in 2022, then jumped by 125.11% to $9.3 million in 2023, then retreated by 29.49% to $6.5 million in 2024, then jumped by 91.88% to $12.6 million in 2025, then soared by 30.8% to $16.4 million in 2026.
- According to Business Quant data, Notes Payables over the past three periods registered $16.4 million, $98.2 million, and $12.6 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Equinix | 102.22 Bn | 100.02 Bn | 1.40 Bn |
| 2 | Terawulf | 8.24 Bn | 5.48 Bn | 32.37 Mn |
| 3 | Applied Digital | 7.59 Bn | 5.57 Bn | 97.29 Mn |
| 4 | Cipher Digital | 7.35 Bn | 3.35 Bn | 9.79 Mn |
| 5 | GDS Holdings | 6.47 Bn | 4.41 Bn | 97.89 Mn |
| 6 | Core Scientific | 5.72 Bn | 3.78 Bn | 70.04 Mn |
| 7 | Vnet | 1.71 Bn | 828.02 Mn | 74.45 Mn |
| 8 | Sify Technologies | 1.56 Bn | 1.56 Bn | 51.65 Mn |
| 9 | WhiteFiber | 758.96 Mn | 698.59 Mn | 18.88 Mn |
| 10 | Vulcan Infrastructure & Power | 445.09 Mn | 441.89 Mn | -1.25 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 16.42 Mn |
| Feb 28, 2026 | 98.17 Mn |
| Nov 30, 2025 | 12.56 Mn |
| Aug 31, 2025 | 382.06 Mn |
| May 31, 2025 | 10.33 Mn |
| Feb 28, 2025 | 10.14 Mn |
| Nov 30, 2024 | 6.54 Mn |
| Aug 31, 2024 | 30.46 Mn |
| May 31, 2024 | 35.84 Mn |
| Feb 29, 2024 | 19.33 Mn |
| Nov 30, 2023 | 9.28 Mn |
| Aug 31, 2023 | 9.16 Mn |
| May 31, 2023 | 7.95 Mn |
| Feb 28, 2023 | 4.86 Mn |
| Nov 30, 2022 | 4.12 Mn |
| Aug 31, 2022 | 2.59 Mn |
| May 31, 2022 | 1.33 Mn |
| May 31, 2021 | 2.14 Mn |