Applied Digital APLD
NASDAQ APLD
$26.37 +0.46 (+1.78%)
At close: Sep 4, 2026 · 4:00 PM EDT

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

Historic Data

Download Data
DateValue
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