Growth Metrics

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

Applied Digital filings provide 5 years of Operating Margin readings, the most recent being 67.65% for Q1 2026.

  • On a quarterly basis, Operating Margin fell 3185.0% to 67.65% in Q1 2026 year-over-year; TTM through Feb 2026 was 44.94%, a 6760.0% decrease, with the full-year FY2025 number at 11.68%, up 1236.0% from a year prior.
  • Operating Margin hit 67.65% in Q1 2026 for Applied Digital, down from 24.45% in the prior quarter.
  • In the past five years, Operating Margin ranged from a high of 256.97% in Q2 2024 to a low of 235.58% in Q1 2022.
  • Median Operating Margin over the past 5 years was 35.41% (2024), compared with a mean of 41.8%.
  • Biggest five-year swings in Operating Margin: surged 27982bps in 2024 and later tumbled -29069bps in 2025.
  • Applied Digital's Operating Margin stood at 216.35% in 2022, then soared by 91bps to 18.75% in 2023, then crashed by -89bps to 35.41% in 2024, then surged by 31bps to 24.45% in 2025, then crashed by -177bps to 67.65% in 2026.
  • The last three reported values for Operating Margin were 67.65% (Q1 2026), 24.45% (Q4 2025), and 34.72% (Q3 2025) per Business Quant data.