Applied Digital APLD
NASDAQ APLD
$24.41 +0.99 (+4.23%)
As of: Sep 16, 2026 · 3:59 PM EDT

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% on a YoY basis from $1.0 billion in Q2 2025, and up 9.72% quarter-over-quarter from $2.2 billion in Q1 2026.

Analysis

Applied Digital (APLD) Retained Earnings (2021 - 2026) Analysis & Trends

Applied Digital (APLD) has reported Retained Earnings for 6 consecutive years, with $2.4 billion the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Retained Earnings rose 140.84% year-over-year to $2.4 billion; the trailing twelve-month figure through May 2026 stood at $2.4 billion (up 140.84% YoY), and the FY2026 full-year result was $2.4 billion, up 140.84% from the prior year.
  • Retained Earnings improved to $2.4 billion in Q2 2026 per APLD's latest filing, from $2.2 billion in the prior quarter.
  • Across five years, Retained Earnings topped out at $2.4 billion in Q2 2026 and bottomed at -$52.5 million in Q1 2022.
  • Historically, Retained Earnings has averaged $743.5 million across 5 years, with a median of $339.4 million in 2024.
  • The sharpest annual moves came in 2022 and 2023: Retained Earnings surged 693.32% in 2022, then advanced 24.87% in 2023.
  • Over 5 years, Retained Earnings stood at $150.7 million in 2022, then surged by 84.68% to $278.3 million in 2023, then surged by 208.56% to $858.7 million in 2024, then surged by 134.59% to $2.0 billion in 2025, then gained by 20.74% to $2.4 billion in 2026.
  • According to Business Quant data, Retained Earnings over the past three periods registered $2.4 billion, $2.2 billion, and $2.0 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Retained Earnings (Qtr)
1 Equinix 100.35 Bn 98.13 Bn 1.40 Bn 7.00 Bn
2 Terawulf 7.45 Bn 4.69 Bn 32.37 Mn 2.66 Bn
3 Cipher Digital 6.82 Bn 2.80 Bn 9.79 Mn 1.95 Bn
4 Applied Digital 6.71 Bn 2.74 Bn 97.29 Mn 2.43 Bn
5 GDS Holdings 5.78 Bn 3.59 Bn 97.89 Mn -237.40 Mn
6 Core Scientific 5.48 Bn 3.54 Bn 70.04 Mn -5.65 Bn
7 Vnet 1.63 Bn 636.30 Mn 74.45 Mn 2.60 Bn
8 Sify Technologies 1.44 Bn 1.44 Bn 51.65 Mn -
9 WhiteFiber 666.74 Mn 606.37 Mn 18.88 Mn -51.56 Mn
10 Vulcan Infrastructure & Power 432.00 Mn 428.80 Mn -1.25 Mn -398.93 Mn
Historic Data

Historic Data

Download Data
DateValue
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