Applied Digital (APLD) Prepaid Assets (2021 - 2026)
Applied Digital's (APLD) quarterly Prepaid Assets came in at $613.7 million in Q2 2026, up 6258.18% on a YoY basis from $9.7 million in Q2 2025, and up 28.2% quarter-over-quarter from $478.7 million in Q1 2026.
Analysis
Applied Digital (APLD) Prepaid Assets (2021 - 2026) Analysis & Trends
Applied Digital (APLD) has reported Prepaid Assets for 6 consecutive years, with $613.7 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Prepaid Assets rose 6258.18% year-over-year to $613.7 million; the trailing twelve-month figure through May 2026 stood at $613.7 million (up 6258.18% YoY), and the FY2026 full-year result was $613.7 million, up 6258.18% from the prior year.
- Prepaid Assets rose to $613.7 million in Q2 2026 per APLD's latest filing, from $478.7 million in the prior quarter.
- Across five years, Prepaid Assets topped out at $613.7 million in Q2 2026 and bottomed at $1.0 million in Q2 2024.
- Historically, Prepaid Assets has averaged $88.9 million across 5 years, with a median of $2.4 million in 2022.
- The sharpest annual moves came in 2022 and 2024: Prepaid Assets jumped 26640.0% in 2022, then tumbled 49.8% in 2024.
- Over 5 years, Prepaid Assets stood at $2.4 million in 2022, then plunged by 36.71% to $1.5 million in 2023, then jumped by 460.05% to $8.5 million in 2024, then surged by 3101.65% to $272.0 million in 2025, then surged by 125.61% to $613.7 million in 2026.
- According to Business Quant data, Prepaid Assets over the past three periods registered $613.7 million, $478.7 million, and $272.0 million 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 | 613.69 Mn |
| Feb 28, 2026 | 478.71 Mn |
| Nov 30, 2025 | 272.01 Mn |
| Aug 31, 2025 | 188.49 Mn |
| May 31, 2025 | 9.65 Mn |
| Feb 28, 2025 | 5.42 Mn |
| Nov 30, 2024 | 8.50 Mn |
| Aug 31, 2024 | 2.06 Mn |
| May 31, 2024 | 1.01 Mn |
| Feb 29, 2024 | 6.13 Mn |
| Nov 30, 2023 | 1.52 Mn |
| Aug 31, 2023 | 2.31 Mn |
| May 31, 2023 | 2.01 Mn |
| Feb 28, 2023 | 1.39 Mn |
| Nov 30, 2022 | 2.40 Mn |
| Aug 31, 2022 | 1.50 Mn |
| May 31, 2022 | 1.34 Mn |
| Feb 28, 2022 | 2.10 Mn |
| May 31, 2021 | 5,000.00 |