Applied Digital (APLD) Payables (2021 - 2026)
Applied Digital (APLD) posted Payables of $449.51 million for fiscal Q1 2027 (quarter ended Aug 31, 2026), down 19.0% from $554.88 million a year earlier but up 9.1% from the prior quarter.
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Analysis
Applied Digital (APLD) Payables (2021 - 2026) Analysis & Trends
At the end of FY2026 (ended May 31, 2026), Applied Digital's Payables came in at $411.9 million, up 57.3% from FY2025.
- Annual Payables has increased for three consecutive fiscal years, with a five-year compound annual growth rate of 177.6% (FY2021 to FY2026).
- In prior fiscal years, Applied Digital's Payables was $261.82 million in FY2025 (+128.4%), $114.61 million in FY2024 (+696.1%), $14.4 million in FY2023 (-1.3%) and $14.59 million in FY2022 (+483.7%).
- Quarterly Payables has run from a low of $11.59 million in fiscal Q2 2023 to a high of $554.88 million in fiscal Q1 2026 over five years.
- On a year-over-year basis, Payables increased in six of the last eight quarters, with growth averaging 117.2%.
- The strongest year-over-year quarter for Payables in the past five years was fiscal Q4 2024, with growth of 696.1%; the weakest was fiscal Q2 2026, with a decline of 46.9%.
- According to Business Quant data, Payables for the three prior fiscal quarters was $411.9 million (Q4 2026), $475.6 million (Q3 2026) and $105.47 million (Q2 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,964.86 Bn | 3,888.01 Bn | 60.48 Bn | 42.42 Bn |
| 2 | International Business Machines | 222.38 Bn | 173.19 Bn | 9.91 Bn | 10.17 Bn |
| 3 | Cloudflare | 105.62 Bn | 89.15 Bn | 499.52 Mn | 127.03 Mn |
| 4 | Equinix | 96.25 Bn | 84.81 Bn | 1.40 Bn | 1.26 Bn |
| 5 | Nebius | 41.41 Bn | 14.84 Bn | 448.70 Mn | 1.30 Bn |
| 6 | CoreWeave | 33.73 Bn | 20.82 Bn | 1.70 Bn | 3.63 Bn |
| 7 | Verisign | 27.82 Bn | 25.04 Bn | 384.60 Mn | 265.00 Mn |
| 8 | Nutanix | 18.15 Bn | 9.84 Bn | 651.35 Mn | 96.51 Mn |
| 9 | GoDaddy | 13.94 Bn | 9.52 Bn | 828.20 Mn | 122.90 Mn |
| 10 | Applied Digital | 5.62 Bn | -2.57 Bn | 96.17 Mn | 449.51 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 31, 2026 | 449.51 Mn |
| May 31, 2026 | 411.90 Mn |
| 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 | 180.66 Mn |
| Nov 30, 2024 | 198.56 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 |
API Access
Applied Digital Payables API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=payables&ticker=APLD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payables", "ticker": "APLD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=payables&ticker=APLD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();