Applied Digital (APLD) Revenue (2022 - 2026)

Applied Digital (APLD) posted Revenue of $126.6 million for Q1 2026, little changed on a QoQ basis from $126.6 million in Q4 2025, and up 139.29% year-over-year from $52.9 million in Q1 2025.

Applied Digital (APLD) Revenue (2022 - 2026) Analysis & Trends

Applied Digital's Revenue history runs 5 years deep, the most recent figure standing at $126.6 million for Q1 2026.

  • Quarterly Revenue rose 139.29% year-over-year to $126.6 million in Q1 2026, while the trailing twelve-month figure through Feb 2026 was $284.1 million (up 104.9% YoY) and the FY2025 annual result came in at $144.2 million, up 5.54% from the prior year.
  • Revenue was $126.6 million for Q1 2026 at Applied Digital, roughly flat from $126.6 million in the prior quarter.
  • Across five years, Revenue topped out at $126.6 million in Q1 2026 and bottomed at -$33.3 million in Q2 2025.
  • A 5-year average of $35.8 million and a median of $34.8 million in 2024 frame the typical range for Revenue.
  • Annual changes were most pronounced in 2023 — Revenue jumped 1273.29% — and 2025, when it plunged 325.89%.
  • Applied Digital's Revenue stood at $12.3 million in 2022, then surged by 242.0% to $42.2 million in 2023, then dropped by 14.31% to $36.2 million in 2024, then soared by 250.05% to $126.6 million in 2025, then gained by 0.04% to $126.6 million in 2026.
  • Business Quant data shows APLD's Revenue at $126.6 million in Q1 2026, $126.6 million in Q4 2025, and $64.2 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Revenue (Qtr)
1 International Business Machines 193.88 Bn 178.95 Bn 9.91 Bn 17.16 Bn
2 Accenture 84.94 Bn 75.26 Bn 6.13 Bn 18.72 Bn
3 GDS Holdings 50.55 Bn 48.40 Bn 164.04 Mn 488.13 Mn
4 Infosys 44.05 Bn 44.79 Bn 1.60 Bn 5.08 Bn
5 Cgi 41.25 Bn 40.60 Bn - 3.03 Bn
6 Fidelity National Information Services 20.63 Bn 19.87 Bn 1.11 Bn 3.30 Bn
7 Cognizant Technology Solutions 20.39 Bn 18.87 Bn 1.78 Bn 5.41 Bn
8 Wipro 18.65 Bn 17.52 Bn 738.00 Mn 2.59 Bn
9 Broadridge Financial Solutions 16.79 Bn 16.48 Bn 626.90 Mn 1.95 Bn
10 Applied Digital 8.74 Bn 7.74 Bn 53.81 Mn 126.64 Mn

Historic Data

Download Data
DateValue
Feb 28, 2026 126.64 Mn
Nov 30, 2025 126.59 Mn
Aug 31, 2025 64.22 Mn
May 31, 2025 -33.30 Mn
Feb 28, 2025 52.92 Mn
Nov 30, 2024 36.16 Mn
Aug 31, 2024 34.85 Mn
May 31, 2024 14.74 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