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

Applied Digital (APLD) posted Operating Leases of $134.8 million for Q1 2026, up 18191.04% on a QoQ basis from $737000.0 in Q4 2025, and down 1.54% year-over-year from $136.9 million in Q1 2025.

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

Applied Digital's Operating Leases history runs 5 years deep, the most recent figure standing at $134.8 million for Q1 2026.

  • Quarterly Operating Leases fell 1.54% year-over-year to $134.8 million in Q1 2026, while the trailing twelve-month figure through Feb 2026 was $134.8 million (down 1.54% YoY) and the FY2025 annual result came in at $58.8 million, up 5385.07% from the prior year.
  • Operating Leases was $134.8 million for Q1 2026 at Applied Digital, up from $737000.0 in the prior quarter.
  • Across five years, Operating Leases topped out at $232.5 million in Q1 2024 and bottomed at $737000.0 in Q4 2025.
  • A 5-year average of $53.6 million and a median of $8.6 million in 2022 frame the typical range for Operating Leases.
  • Peak annual rise in Operating Leases reached 5385.07% in 2025, while the deepest fall reached 99.28% in 2025.
  • Applied Digital's Operating Leases stood at $8.6 million in 2022, then soared by 609.2% to $61.2 million in 2023, then jumped by 59.81% to $97.8 million in 2024, then sank by 99.25% to $737000.0 in 2025, then surged by 18191.04% to $134.8 million in 2026.
  • Business Quant data shows APLD's Operating Leases at $134.8 million in Q1 2026, $737000.0 in Q4 2025, and $908000.0 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 International Business Machines 193.88 Bn 178.95 Bn 9.91 Bn
2 Accenture 84.94 Bn 75.26 Bn 6.13 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 -
6 Fidelity National Information Services 20.63 Bn 19.87 Bn 1.11 Bn
7 Cognizant Technology Solutions 20.39 Bn 18.87 Bn 1.78 Bn
8 Wipro 18.65 Bn 17.52 Bn 738.00 Mn
9 Broadridge Financial Solutions 16.79 Bn 16.48 Bn 626.90 Mn
10 Applied Digital 8.74 Bn 7.74 Bn 53.81 Mn

Historic Data

Download Data
DateValue
Feb 28, 2026 134.81 Mn
Nov 30, 2025 737,000.00
Aug 31, 2025 908,000.00
May 31, 2025 58.80 Mn
Feb 28, 2025 136.91 Mn
Nov 30, 2024 97.82 Mn
Aug 31, 2024 126.26 Mn
May 31, 2024 1.07 Mn
Feb 29, 2024 232.52 Mn
Nov 30, 2023 61.21 Mn
Aug 31, 2023 34.64 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 1.20 Mn