Applied Digital (APLD) Operating Income (2021 - 2026)
Applied Digital (APLD) recorded Operating Income of -$62.38 million in fiscal Q1 2027 (quarter ended Aug 31, 2026), compared with -$9.76 million a year earlier.
Powered by 
Analysis
Applied Digital (APLD) Operating Income (2021 - 2026) Analysis & Trends
On a TTM basis, Applied Digital's Operating Income came in at -$303.82 million as of Aug 31, 2026; for FY2026 (ended May 31, 2026), it was -$236.46 million.
- Across earlier fiscal years, Operating Income came in at -$72.18 million in FY2025, -$98.34 million in FY2024, -$42.91 million in FY2023 and -$20.9 million in FY2022.
- Quarterly Operating Income has ranged from -$124.82 million in fiscal Q4 2026 to $25.29 million in fiscal Q1 2025 over the past five years.
- Per Business Quant, the preceding three fiscal quarters came in at -$124.82 million (Q4 2026), -$85.67 million (Q3 2026) and -$30.96 million (Q2 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,964.86 Bn | 3,888.01 Bn | 60.48 Bn | 40.60 Bn |
| 2 | International Business Machines | 222.38 Bn | 173.19 Bn | 9.91 Bn | 2.62 Bn |
| 3 | Cloudflare | 105.62 Bn | 89.15 Bn | 499.52 Mn | -205.70 Mn |
| 4 | Equinix | 96.25 Bn | 84.81 Bn | 1.40 Bn | 665.00 Mn |
| 5 | Nebius | 41.41 Bn | 14.84 Bn | 448.70 Mn | -175.90 Mn |
| 6 | CoreWeave | 33.73 Bn | 20.82 Bn | 1.70 Bn | -49.00 Mn |
| 7 | Verisign | 27.82 Bn | 25.04 Bn | 384.60 Mn | 296.30 Mn |
| 8 | Nutanix | 18.15 Bn | 9.84 Bn | 651.35 Mn | 69.99 Mn |
| 9 | GoDaddy | 13.94 Bn | 9.52 Bn | 828.20 Mn | 342.50 Mn |
| 10 | Applied Digital | 5.62 Bn | -2.57 Bn | 96.17 Mn | -62.38 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 31, 2026 | -62.38 Mn |
| May 31, 2026 | -124.82 Mn |
| Feb 28, 2026 | -85.67 Mn |
| Nov 30, 2025 | -30.96 Mn |
| Aug 31, 2025 | -9.76 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 |
API Access
Applied Digital Operating Income API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-income&ticker=APLD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "ticker": "APLD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-income&ticker=APLD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();