Growth Metrics

Applied Digital (APLD) Operating Margin (2022 - 2025)

Applied Digital (APLD) has disclosed Operating Margin for 4 consecutive years, with 24.45% as the latest value for Q4 2025.

  • For the quarter ending Q4 2025, Operating Margin rose 1095.0% year-over-year to 24.45%, compared with a TTM value of 31.28% through Nov 2025, down 2788.0%, and an annual FY2025 reading of 11.68%, up 1236.0% over the prior year.
  • Operating Margin was 24.45% for Q4 2025 at Applied Digital, up from 34.72% in the prior quarter.
  • Across five years, Operating Margin topped out at 261.62% in Q2 2024 and bottomed at 235.58% in Q1 2022.
  • Average Operating Margin over 4 years is 41.02%, with a median of 35.6% recorded in 2024.
  • The sharpest move saw Operating Margin skyrocketed 28447bps in 2024, then plummeted -31291bps in 2025.
  • Year by year, Operating Margin stood at 216.18% in 2022, then soared by 91bps to 19.37% in 2023, then tumbled by -83bps to 35.41% in 2024, then skyrocketed by 31bps to 24.45% in 2025.
  • Business Quant data shows Operating Margin for APLD at 24.45% in Q4 2025, 34.72% in Q3 2025, and 51.29% in Q2 2025.