Applied Digital (APLD) Operating Income (2021 - 2026)
Applied Digital's (APLD) quarterly Operating Income came in at -$124.8 million in Q2 2026, down 183.03% YoY from $150.3 million in Q2 2025, and down 45.7% on a QoQ basis from -$85.7 million in Q1 2026.
Applied Digital (APLD) Operating Income (2021 - 2026) Analysis & Trends
Applied Digital (APLD) has 6 years of Operating Income data on file, last reported at -$124.8 million in Q2 2026.
- Quarterly Operating Income fell 183.03% year-over-year to -$124.8 million in Q2 2026, while the trailing twelve-month figure through May 2026 was -$263.7 million (down 421.67% YoY) and the FY2026 annual result came in at -$236.5 million, down 227.62% from the prior year.
- Operating Income eased to -$124.8 million in Q2 2026, from -$85.7 million in the prior quarter.
- In the past five years, Operating Income ranged from a high of $25.3 million in Q3 2024 to a low of -$124.8 million in Q2 2026.
- A 5-year average of -$25.7 million and a median of -$15.9 million in 2024 frame the typical range for Operating Income.
- Annual changes were most pronounced in 2022 — Operating Income slumped 1870.33% — and 2024, when it jumped 443.28%.
- Tracing APLD's Operating Income over 5 years: stood at -$26.7 million in 2022, then jumped by 70.36% to -$7.9 million in 2023, then tumbled by 61.84% to -$12.8 million in 2024, then slumped by 141.76% to -$31.0 million in 2025, then tumbled by 303.2% to -$124.8 million in 2026.
- The last three Operating Income figures came in at -$124.8 million (Q2 2026), -$85.7 million (Q1 2026), and -$31.0 million (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | International Business Machines | 220.85 Bn | 209.50 Bn | 9.91 Bn | 2.62 Bn |
| 2 | Accenture | 113.50 Bn | 103.33 Bn | 6.13 Bn | 3.18 Bn |
| 3 | Infosys | 48.49 Bn | 48.49 Bn | 1.60 Bn | 1.07 Bn |
| 4 | Cgi | 33.08 Bn | 32.62 Bn | - | - |
| 5 | Cognizant Technology Solutions | 28.77 Bn | 27.72 Bn | 1.83 Bn | 874.00 Mn |
| 6 | Fidelity National Information Services | 21.18 Bn | 20.43 Bn | 1.17 Bn | 507.00 Mn |
| 7 | Broadridge Financial Solutions | 20.98 Bn | 20.57 Bn | 853.00 Mn | 546.30 Mn |
| 8 | Wipro | 19.77 Bn | 18.70 Bn | 738.00 Mn | 414.00 Mn |
| 9 | Leidos Holdings | 18.02 Bn | 17.27 Bn | 817.00 Mn | 514.00 Mn |
| 10 | Applied Digital | 7.56 Bn | 3.59 Bn | 97.29 Mn | -124.82 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| May 31, 2026 | -124.82 Mn |
| Feb 28, 2026 | -85.67 Mn |
| Nov 30, 2025 | -30.96 Mn |
| Aug 31, 2025 | -22.29 Mn |
| May 31, 2025 | -44.10 Mn |
| Feb 28, 2025 | -18.94 Mn |
| Nov 30, 2024 | -12.81 Mn |
| Aug 31, 2024 | 25.29 Mn |
| May 31, 2024 | -27.60 Mn |
| Feb 29, 2024 | -55.46 Mn |
| Nov 30, 2023 | -7.91 Mn |
| Aug 31, 2023 | -7.37 Mn |
| May 31, 2023 | -5.04 Mn |
| Feb 28, 2023 | -6.99 Mn |
| Nov 30, 2022 | -26.70 Mn |
| Aug 31, 2022 | -4.18 Mn |
| May 31, 2022 | -4.27 Mn |
| Feb 28, 2022 | -2.42 Mn |
| Nov 30, 2021 | -1.36 Mn |
| Aug 31, 2021 | -13.04 Mn |