Applied Digital (APLD) Other Working Capital Changes (2022 - 2026)
Applied Digital's (APLD) quarterly Other Working Capital Changes came in at -$52.1 million in Q2 2026, down 1328.82% on a YoY basis from $4.2 million in Q2 2025, and down 163.51% quarter-over-quarter from $82.0 million in Q1 2026.
Analysis
Applied Digital (APLD) Other Working Capital Changes (2022 - 2026) Analysis & Trends
Applied Digital (APLD) has reported Other Working Capital Changes for 6 consecutive years, with -$52.1 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Other Working Capital Changes fell 1328.82% year-over-year to -$52.1 million; the trailing twelve-month figure through May 2026 stood at $36.2 million (up 335.24% YoY), and the FY2026 full-year result was $36.2 million, up 335.24% from the prior year.
- Other Working Capital Changes retreated to -$52.1 million in Q2 2026 per APLD's latest filing, from $82.0 million in the prior quarter.
- Across five years, Other Working Capital Changes topped out at $28.3 million in Q4 2025 and bottomed at -$25.4 million in Q2 2024.
- Historically, Other Working Capital Changes has averaged $336944.4 across 5 years, with a median of $91000.0 in 2022.
- The widest YoY moves for Other Working Capital Changes: up 2760.89% in 2026, down 1328.82% in 2026.
- Over 5 years, Other Working Capital Changes stood at $897000.0 in 2022, then plunged by 178.15% to -$701000.0 in 2023, then surged by 1017.55% to $6.4 million in 2024, then plunged by 111.12% to -$715000.0 in 2025, then tumbled by 7181.82% to -$52.1 million in 2026.
- According to Business Quant data, Other Working Capital Changes over the past three periods registered -$52.1 million, $82.0 million, and -$715000.0 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Equinix | 100.35 Bn | 98.13 Bn | 1.40 Bn |
| 2 | Terawulf | 7.45 Bn | 4.69 Bn | 32.37 Mn |
| 3 | Cipher Digital | 6.82 Bn | 2.80 Bn | 9.79 Mn |
| 4 | Applied Digital | 6.71 Bn | 2.74 Bn | 97.29 Mn |
| 5 | GDS Holdings | 5.78 Bn | 3.59 Bn | 97.89 Mn |
| 6 | Core Scientific | 5.48 Bn | 3.54 Bn | 70.04 Mn |
| 7 | Vnet | 1.63 Bn | 636.30 Mn | 74.45 Mn |
| 8 | Sify Technologies | 1.44 Bn | 1.44 Bn | 51.65 Mn |
| 9 | WhiteFiber | 666.74 Mn | 606.37 Mn | 18.88 Mn |
| 10 | Vulcan Infrastructure & Power | 432.00 Mn | 428.80 Mn | -1.25 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | -8.01 Mn |
| May 31, 2026 | -8.01 Mn |
| Feb 28, 2026 | -17.05 Mn |
| Feb 28, 2026 | -17.05 Mn |
| Nov 30, 2025 | 28.32 Mn |
| Nov 30, 2025 | 28.32 Mn |
| Aug 31, 2025 | -2.32 Mn |
| Aug 31, 2025 | -2.32 Mn |
| May 31, 2025 | -1.29 Mn |
| May 31, 2025 | -1.29 Mn |
| Feb 28, 2025 | -1.31 Mn |
| Feb 28, 2025 | -1.31 Mn |
| Nov 30, 2024 | -10.68 Mn |
| Nov 30, 2024 | -10.68 Mn |
| Aug 31, 2024 | -20.81 Mn |
| Aug 31, 2024 | -20.81 Mn |
| May 31, 2024 | -25.45 Mn |
| May 31, 2024 | -25.45 Mn |
| Feb 29, 2024 | 13.07 Mn |
| Feb 29, 2024 | 13.07 Mn |