Applied Digital (APLD) Prepaid Assets (2021 - 2026)
Applied Digital (APLD) posted Prepaid Assets of $685.64 million for fiscal Q1 2027 (quarter ended Aug 31, 2026), up 263.8% from $188.49 million a year earlier and up 11.7% from the prior quarter.
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Analysis
Applied Digital (APLD) Prepaid Assets (2021 - 2026) Analysis & Trends
At the end of FY2026 (ended May 31, 2026), Applied Digital's Prepaid Assets came in at $613.69 million.
- Annual Prepaid Assets shows a five-year compound annual growth rate of 941.8% (FY2021 to FY2026).
- In prior fiscal years, Applied Digital's Prepaid Assets was $9.65 million in FY2025 (+855.6%), $1.01 million in FY2024 (-49.8%), $2.01 million in FY2023 (+50.5%) and $1.34 million in FY2022.
- The fiscal Q1 2027 figure stands as the highest quarterly Prepaid Assets in data going back to fiscal Q4 2021.
- On a year-over-year basis, Prepaid Assets increased in three of the last four quarters, with growth averaging 392.0%.
- The strongest year-over-year quarter for Prepaid Assets in the past five years was fiscal Q4 2025, with growth of 855.6%; the weakest was fiscal Q4 2024, with a decline of 49.8%.
- According to Business Quant data, Prepaid Assets for the three prior fiscal quarters was $613.69 million (Q4 2026), $478.71 million (Q3 2026) and $272.01 million (Q2 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Microsoft | 3,964.86 Bn | 3,888.01 Bn | 60.48 Bn |
| 2 | International Business Machines | 222.38 Bn | 173.19 Bn | 9.91 Bn |
| 3 | Cloudflare | 105.62 Bn | 89.15 Bn | 499.52 Mn |
| 4 | Equinix | 96.25 Bn | 84.81 Bn | 1.40 Bn |
| 5 | Nebius | 41.41 Bn | 14.84 Bn | 448.70 Mn |
| 6 | CoreWeave | 33.73 Bn | 20.82 Bn | 1.70 Bn |
| 7 | Verisign | 27.82 Bn | 25.04 Bn | 384.60 Mn |
| 8 | Nutanix | 18.15 Bn | 9.84 Bn | 651.35 Mn |
| 9 | GoDaddy | 13.94 Bn | 9.52 Bn | 828.20 Mn |
| 10 | Applied Digital | 5.62 Bn | -2.57 Bn | 96.17 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 31, 2026 | 685.64 Mn |
| 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 |
API Access
Applied Digital Prepaid Assets 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=prepaid-assets&ticker=APLD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "prepaid-assets", "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=prepaid-assets&ticker=APLD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();