Applied Digital (APLD) Retained Earnings (2021 - 2026)
Applied Digital's (APLD) quarterly Retained Earnings came in at $2.4 billion in Q2 2026, up 140.84% YoY from $1.0 billion in Q2 2025, and up 9.72% on a QoQ basis from $2.2 billion in Q1 2026.
Applied Digital (APLD) Retained Earnings (2021 - 2026) Analysis & Trends
Applied Digital (APLD) has 6 years of Retained Earnings data on file, last reported at $2.4 billion in Q2 2026.
- Quarterly Retained Earnings rose 140.84% year-over-year to $2.4 billion in Q2 2026, while the trailing twelve-month figure through May 2026 was $2.4 billion (up 140.84% YoY) and the FY2026 annual result came in at $2.4 billion, up 140.84% from the prior year.
- Retained Earnings grew to $2.4 billion in Q2 2026, from $2.2 billion in the prior quarter.
- In the past five years, Retained Earnings ranged from a high of $2.4 billion in Q2 2026 to a low of -$52.5 million in Q1 2022.
- A 5-year average of $743.5 million and a median of $339.4 million in 2024 frame the typical range for Retained Earnings.
- Annual changes were most pronounced in 2022 — Retained Earnings jumped 693.32% — and 2023, when it gained 24.87%.
- Tracing APLD's Retained Earnings over 5 years: stood at $150.7 million in 2022, then soared by 84.68% to $278.3 million in 2023, then soared by 208.56% to $858.7 million in 2024, then soared by 134.59% to $2.0 billion in 2025, then increased by 20.74% to $2.4 billion in 2026.
- The last three Retained Earnings figures came in at $2.4 billion (Q2 2026), $2.2 billion (Q1 2026), and $2.0 billion (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | International Business Machines | 221.79 Bn | 210.44 Bn | 9.91 Bn | 155.94 Bn |
| 2 | Accenture | 112.13 Bn | 101.96 Bn | 6.13 Bn | 24.03 Bn |
| 3 | Infosys | 48.41 Bn | 48.41 Bn | 1.60 Bn | - |
| 4 | Cgi | 32.89 Bn | 32.43 Bn | - | 5.34 Bn |
| 5 | Cognizant Technology Solutions | 28.64 Bn | 27.59 Bn | 1.83 Bn | 14.65 Bn |
| 6 | Fidelity National Information Services | 21.25 Bn | 20.50 Bn | 1.17 Bn | 47.50 Bn |
| 7 | Broadridge Financial Solutions | 21.06 Bn | 20.66 Bn | 853.00 Mn | 4.55 Bn |
| 8 | Wipro | 19.76 Bn | 18.69 Bn | 738.00 Mn | 6.62 Bn |
| 9 | Leidos Holdings | 17.74 Bn | 16.99 Bn | 817.00 Mn | 5.22 Bn |
| 10 | Applied Digital | 7.49 Bn | 3.52 Bn | 97.29 Mn | 2.43 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| May 31, 2026 | 2.43 Bn |
| Feb 28, 2026 | 2.22 Bn |
| Nov 30, 2025 | 2.01 Bn |
| Aug 31, 2025 | 1.57 Bn |
| May 31, 2025 | 1.01 Bn |
| Feb 28, 2025 | 914.34 Mn |
| Nov 30, 2024 | 858.71 Mn |
| Aug 31, 2024 | 496.03 Mn |
| May 31, 2024 | 374.74 Mn |
| Feb 29, 2024 | 303.96 Mn |
| Nov 30, 2023 | 278.30 Mn |
| Aug 31, 2023 | 240.07 Mn |
| May 31, 2023 | 160.19 Mn |
| Feb 28, 2023 | 155.06 Mn |
| Nov 30, 2022 | 150.70 Mn |
| Aug 31, 2022 | 128.88 Mn |
| May 31, 2022 | 128.29 Mn |
| Feb 28, 2022 | -52.52 Mn |
| May 31, 2021 | -21.62 Mn |