Applied Digital (APLD) Revenue (2022 - 2026)
Applied Digital's (APLD) quarterly Revenue came in at $258.7 million in Q2 2026, up 406.6% YoY from $51.1 million in Q2 2025, and up 104.32% on a QoQ basis from $126.6 million in Q1 2026.
Applied Digital (APLD) Revenue (2022 - 2026) Analysis & Trends
Applied Digital (APLD) has 5 years of Revenue data on file, last reported at $258.7 million in Q2 2026.
- Quarterly Revenue rose 406.6% year-over-year to $258.7 million in Q2 2026, while the trailing twelve-month figure through May 2026 was $576.2 million (up 229.24% YoY) and the FY2026 annual result came in at $611.3 million, up 167.45% from the prior year.
- Revenue rose to $258.7 million in Q2 2026, from $126.6 million in the prior quarter.
- In the past five years, Revenue ranged from a high of $258.7 million in Q2 2026 to a low of $1.0 million in Q1 2022.
- A 5-year average of $54.5 million and a median of $39.3 million in 2023 frame the typical range for Revenue.
- Annual changes were most pronounced in 2023 — Revenue jumped 1273.29% — and 2024, when it declined 14.31%.
- Tracing APLD's Revenue over 5 years: stood at $12.3 million in 2022, then soared by 242.0% to $42.2 million in 2023, then decreased by 14.31% to $36.2 million in 2024, then jumped by 250.05% to $126.6 million in 2025, then surged by 104.4% to $258.7 million in 2026.
- The last three Revenue figures came in at $258.7 million (Q2 2026), $126.6 million (Q1 2026), and $126.6 million (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | International Business Machines | 219.38 Bn | 208.02 Bn | 9.91 Bn | 17.16 Bn |
| 2 | Accenture | 111.06 Bn | 100.89 Bn | 6.13 Bn | 18.72 Bn |
| 3 | Infosys | 47.96 Bn | 47.96 Bn | 1.60 Bn | 5.08 Bn |
| 4 | Cgi | 32.80 Bn | 32.34 Bn | - | 3.03 Bn |
| 5 | Cognizant Technology Solutions | 28.32 Bn | 27.27 Bn | 1.83 Bn | 5.48 Bn |
| 6 | Fidelity National Information Services | 20.92 Bn | 20.17 Bn | 1.17 Bn | 3.38 Bn |
| 7 | Broadridge Financial Solutions | 20.67 Bn | 20.27 Bn | 853.00 Mn | 2.22 Bn |
| 8 | Wipro | 19.82 Bn | 18.75 Bn | 738.00 Mn | 2.59 Bn |
| 9 | Leidos Holdings | 17.78 Bn | 17.03 Bn | 817.00 Mn | 4.56 Bn |
| 10 | Applied Digital | 7.88 Bn | 3.91 Bn | 97.29 Mn | 258.75 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| May 31, 2026 | 258.75 Mn |
| Feb 28, 2026 | 126.64 Mn |
| Nov 30, 2025 | 126.59 Mn |
| Aug 31, 2025 | 64.22 Mn |
| May 31, 2025 | 51.08 Mn |
| Feb 28, 2025 | 52.92 Mn |
| Nov 30, 2024 | 36.16 Mn |
| Aug 31, 2024 | 34.85 Mn |
| May 31, 2024 | 43.70 Mn |
| Feb 29, 2024 | 43.35 Mn |
| Nov 30, 2023 | 42.20 Mn |
| Aug 31, 2023 | 36.32 Mn |
| May 31, 2023 | 22.04 Mn |
| Feb 28, 2023 | 14.09 Mn |
| Nov 30, 2022 | 12.34 Mn |
| Aug 31, 2022 | 6.92 Mn |
| May 31, 2022 | 7.52 Mn |
| Feb 28, 2022 | 1.03 Mn |