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
DateValue
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