Applied Digital (APLD) Operating Leases (2022 - 2026)

Applied Digital (APLD) reported Operating Leases of $45.1 million for Q1 2026, down 67.09% on a YoY basis from $136.9 million in Q1 2025, and up 2034.11% quarter-over-quarter from $2.1 million in Q4 2025.

Applied Digital (APLD) Operating Leases (2022 - 2026) Analysis & Trends

Applied Digital has reported Operating Leases for 5 years, with the latest figure at $45.1 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Leases fell 67.09% year-over-year to $45.1 million; the trailing twelve-month figure through Feb 2026 stood at $45.1 million (down 67.09% YoY), and the FY2025 full-year result was $58.8 million, up 5385.07% from the prior year.
  • Operating Leases for Q1 2026 stood at $45.1 million, up from $2.1 million in the prior quarter.
  • The five-year high for Operating Leases was $160.2 million in Q4 2024, with the low at $231000.0 in Q3 2025.
  • Historically, Operating Leases has averaged $44.8 million across 5 years, with a median of $8.6 million in 2022.
  • The largest YoY upside for Operating Leases was 5385.07% in 2025 against a maximum downside of 99.82% in 2025.
  • Applied Digital's Operating Leases stood at $8.6 million in 2022, then jumped by 609.2% to $61.2 million in 2023, then surged by 161.75% to $160.2 million in 2024, then slumped by 98.68% to $2.1 million in 2025, then soared by 2034.11% to $45.1 million in 2026.
  • The last three Operating Leases figures came in at $45.1 million (Q1 2026), $2.1 million (Q4 2025), and $231000.0 (Q3 2025), per Business Quant data.

Peer Comparison

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

Historic Data

Download Data
DateValue
Feb 28, 2026 45.05 Mn
Nov 30, 2025 2.11 Mn
Aug 31, 2025 231,000.00
May 31, 2025 58.80 Mn
Feb 28, 2025 136.91 Mn
Nov 30, 2024 160.22 Mn
Aug 31, 2024 126.26 Mn
May 31, 2024 1.07 Mn
Feb 29, 2024 133.06 Mn
Nov 30, 2023 61.21 Mn
Aug 31, 2023 11.38 Mn
May 31, 2023 1.01 Mn
Feb 28, 2023 8.49 Mn
Nov 30, 2022 8.63 Mn
Aug 31, 2022 5.62 Mn
May 31, 2022 936,000.00
Feb 28, 2022 1.01 Mn