Applied Digital (APLD) Payables (2021 - 2026)
Applied Digital (APLD) posted Payables of $475.6 million for Q1 2026, up 350.95% on a QoQ basis from $105.5 million in Q4 2025, and up 178.92% year-over-year from $170.5 million in Q1 2025.
Applied Digital (APLD) Payables (2021 - 2026) Analysis & Trends
Applied Digital's Payables history runs 6 years deep, the most recent figure standing at $475.6 million for Q1 2026.
- Quarterly Payables rose 178.92% year-over-year to $475.6 million in Q1 2026, while the trailing twelve-month figure through Feb 2026 was $475.6 million (up 178.92% YoY) and the FY2025 annual result came in at $261.8 million, up 128.45% from the prior year.
- Payables was $475.6 million for Q1 2026 at Applied Digital, up from $105.5 million in the prior quarter.
- Across five years, Payables topped out at $554.9 million in Q3 2025 and bottomed at $11.6 million in Q4 2022.
- A 5-year average of $135.4 million and a median of $105.5 million in 2025 frame the typical range for Payables.
- Annual changes were most pronounced in 2024 — Payables soared 696.12% — and 2025, when it sank 46.41%.
- Applied Digital's Payables stood at $11.6 million in 2022, then surged by 310.05% to $47.5 million in 2023, then jumped by 313.99% to $196.8 million in 2024, then sank by 46.41% to $105.5 million in 2025, then surged by 350.95% to $475.6 million in 2026.
- Business Quant data shows APLD's Payables at $475.6 million in Q1 2026, $105.5 million in Q4 2025, and $554.9 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | International Business Machines | 193.88 Bn | 178.95 Bn | 9.91 Bn | 10.17 Bn |
| 2 | Accenture | 84.94 Bn | 75.26 Bn | 6.13 Bn | 3.18 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 | - | 743.56 Mn |
| 6 | Fidelity National Information Services | 20.63 Bn | 19.87 Bn | 1.11 Bn | 6.61 Bn |
| 7 | Cognizant Technology Solutions | 20.39 Bn | 18.87 Bn | 1.78 Bn | 396.00 Mn |
| 8 | Wipro | 18.65 Bn | 17.52 Bn | 738.00 Mn | 1.04 Bn |
| 9 | Broadridge Financial Solutions | 16.79 Bn | 16.48 Bn | 626.90 Mn | 1.14 Bn |
| 10 | Applied Digital | 8.74 Bn | 7.74 Bn | 53.81 Mn | 475.60 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Feb 28, 2026 | 475.60 Mn |
| Nov 30, 2025 | 105.47 Mn |
| Aug 31, 2025 | 554.88 Mn |
| May 31, 2025 | 261.82 Mn |
| Feb 28, 2025 | 170.52 Mn |
| Nov 30, 2024 | 196.82 Mn |
| Aug 31, 2024 | 147.16 Mn |
| May 31, 2024 | 114.61 Mn |
| Feb 29, 2024 | 113.25 Mn |
| Nov 30, 2023 | 47.54 Mn |
| Aug 31, 2023 | 25.39 Mn |
| May 31, 2023 | 14.40 Mn |
| Feb 28, 2023 | 18.86 Mn |
| Nov 30, 2022 | 11.59 Mn |
| Aug 31, 2022 | 16.04 Mn |
| May 31, 2022 | 14.59 Mn |
| Feb 28, 2022 | 13.04 Mn |
| May 31, 2021 | 2.50 Mn |