Applied Digital (APLD) Price to Sales (2022 - 2026)
Applied Digital's (APLD) quarterly Price to Sales came in at 52.6 in Q2 2026, up 74.91% on a YoY basis from 30.08 in Q2 2025, and down 14.4% quarter-over-quarter from 61.45 in Q1 2026.
Analysis
Applied Digital (APLD) Price to Sales (2022 - 2026) Analysis & Trends
Applied Digital (APLD) has reported Price to Sales for 5 consecutive years, with 52.6 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Price to Sales rose 74.91% year-over-year to 52.6; the trailing twelve-month figure through May 2026 stood at 23.62 (up 169.13% YoY), and the FY2026 full-year result was 22.27, up 231.3% from the prior year.
- Price to Sales declined to 52.6 in Q2 2026 per APLD's latest filing, from 61.45 in the prior quarter.
- Across five years, Price to Sales topped out at 587.05 in Q1 2022 and bottomed at 11.04 in Q2 2024.
- Historically, Price to Sales has averaged 64.43 across 5 years, with a median of 32.85 in 2022.
- The sharpest annual moves came in 2023 and 2024: Price to Sales sank 96.97% in 2023, then jumped 364.25% in 2024.
- Over 5 years, Price to Sales stood at 14.85 in 2022, then fell by 12.25% to 13.03 in 2023, then soared by 364.25% to 60.48 in 2024, then dropped by 1.22% to 59.75 in 2025, then dropped by 11.95% to 52.6 in 2026.
- According to Business Quant data, Price to Sales over the past three periods registered 52.6, 61.45, and 59.75 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Equinix | 102.22 Bn | 100.02 Bn | 1.40 Bn |
| 2 | Terawulf | 8.24 Bn | 5.48 Bn | 32.37 Mn |
| 3 | Applied Digital | 7.59 Bn | 5.57 Bn | 97.29 Mn |
| 4 | Cipher Digital | 7.35 Bn | 3.35 Bn | 9.79 Mn |
| 5 | GDS Holdings | 6.47 Bn | 4.41 Bn | 97.89 Mn |
| 6 | Core Scientific | 5.72 Bn | 3.78 Bn | 70.04 Mn |
| 7 | Vnet | 1.71 Bn | 828.02 Mn | 74.45 Mn |
| 8 | Sify Technologies | 1.56 Bn | 1.56 Bn | 51.65 Mn |
| 9 | WhiteFiber | 758.96 Mn | 698.59 Mn | 18.88 Mn |
| 10 | Vulcan Infrastructure & Power | 445.09 Mn | 441.89 Mn | -1.25 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 52.60 |
| Feb 28, 2026 | 61.45 |
| Nov 30, 2025 | 59.75 |
| Aug 31, 2025 | 67.01 |
| May 31, 2025 | 30.08 |
| Feb 28, 2025 | 33.92 |
| Nov 30, 2024 | 60.48 |
| Aug 31, 2024 | 16.49 |
| May 31, 2024 | 11.04 |
| Feb 29, 2024 | 11.72 |
| Nov 30, 2023 | 13.03 |
| Aug 31, 2023 | 17.60 |
| May 31, 2023 | 36.43 |
| Feb 28, 2023 | 17.77 |
| Nov 30, 2022 | 14.85 |
| Aug 31, 2022 | 31.78 |
| May 31, 2022 | 36.67 |
| Feb 28, 2022 | 587.05 |