Applied Digital (APLD) Price to Sales (2022 - 2026)
Applied Digital's Price to Sales came in at 8.84 for fiscal Q1 2027 (quarter ended Aug 31, 2026), down 54.6% from 19.46 a year earlier and down 61.5% from the prior quarter.
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Analysis
Applied Digital (APLD) Price to Sales (2022 - 2026) Analysis & Trends
For FY2026 (ended May 31, 2026), Applied Digital's Price to Sales was 22.27, up 231.3% from FY2025.
- Going back by fiscal year, Price to Sales was 6.72 in FY2025 (+130.6%), 2.91 in FY2024 (-79.9%), 14.49 in FY2023 (-55.1%) and 32.27 in FY2022.
- The fiscal Q1 2027 figure represents the lowest quarterly Price to Sales since fiscal Q4 2025.
- Year-over-year, Price to Sales increased in seven of the last eight quarters, with growth averaging 165.0%.
- The fastest year-over-year change in Price to Sales over five years came in fiscal Q1 2026 (growth of 455.8%), and the weakest in fiscal Q4 2024 (a decline of 79.9%).
- Business Quant data shows APLD's Price to Sales at 22.96 (Q4 2026), 20.20 (Q3 2026) and 24.28 (Q2 2026) in the three fiscal quarters before Q1 2027.
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 | 8.84 |
| May 31, 2026 | 22.96 |
| Feb 28, 2026 | 20.20 |
| Nov 30, 2025 | 24.28 |
| Aug 31, 2025 | 19.46 |
| May 31, 2025 | 8.78 |
| Feb 28, 2025 | 10.71 |
| Nov 30, 2024 | 13.84 |
| Aug 31, 2024 | 3.50 |
| May 31, 2024 | 2.91 |
| Feb 29, 2024 | 3.53 |
| Nov 30, 2023 | 4.80 |
| Aug 31, 2023 | 7.54 |
| May 31, 2023 | 14.49 |
| Feb 28, 2023 | 6.12 |
| Nov 30, 2022 | 6.59 |
| Aug 31, 2022 | 14.22 |
| May 31, 2022 | 32.27 |
API Access
Applied Digital Price to Sales 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=price-to-sales&ticker=APLD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-sales", "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=price-to-sales&ticker=APLD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();