Applied Digital (APLD) Shares Outstanding (2021 - 2026)

Applied Digital (APLD) posted Shares Outstanding (Entity) of $292.5 million for Q1 2026, up 2.2% on a QoQ basis from $286.2 million in Q4 2025, and up 25.19% year-over-year from $233.7 million in Q1 2025.

Applied Digital (APLD) Shares Outstanding (2021 - 2026) Analysis & Trends

Applied Digital's Shares Outstanding (Entity) history runs 6 years deep, the most recent figure standing at $292.5 million for Q1 2026.

  • Quarterly Shares Outstanding (Entity) rose 25.19% year-over-year to $292.5 million in Q1 2026, while the trailing twelve-month figure through Feb 2026 was $292.5 million (up 25.19% YoY) and the FY2025 annual result came in at $234.2 million, up 105.33% from the prior year.
  • Shares Outstanding (Entity) was $292.5 million for Q1 2026 at Applied Digital, up from $286.2 million in the prior quarter.
  • Across five years, Shares Outstanding (Entity) topped out at $292.5 million in Q1 2026 and bottomed at $53.4 million in Q1 2022.
  • A 5-year average of $158.0 million and a median of $122.7 million in 2023 frame the typical range for Shares Outstanding (Entity).
  • Annual changes were most pronounced in 2022 — Shares Outstanding (Entity) surged 3680.2% — and 2024, when it increased 13.01%.
  • Applied Digital's Shares Outstanding (Entity) stood at $94.0 million in 2022, then soared by 30.59% to $122.7 million in 2023, then jumped by 84.01% to $225.8 million in 2024, then gained by 26.74% to $286.2 million in 2025, then gained by 2.2% to $292.5 million in 2026.
  • Business Quant data shows APLD's Shares Outstanding (Entity) at $292.5 million in Q1 2026, $286.2 million in Q4 2025, and $278.6 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Shares Outstanding (Qtr)
1 International Business Machines 193.88 Bn 178.95 Bn 9.91 Bn 941.20 Mn
2 Accenture 84.94 Bn 75.26 Bn 6.13 Bn 612.21 Mn
3 GDS Holdings 50.55 Bn 48.40 Bn 164.04 Mn 1.55 Bn
4 Infosys 44.05 Bn 44.79 Bn 1.60 Bn 4.11 Bn
5 Cgi 41.25 Bn 40.60 Bn - 886.72 Mn
6 Fidelity National Information Services 20.63 Bn 19.87 Bn 1.11 Bn 515.00 Mn
7 Cognizant Technology Solutions 20.39 Bn 18.87 Bn 1.78 Bn 477.00 Mn
8 Wipro 18.65 Bn 17.52 Bn 738.00 Mn 10.46 Bn
9 Broadridge Financial Solutions 16.79 Bn 16.48 Bn 626.90 Mn 116.30 Mn
10 Applied Digital 8.74 Bn 7.74 Bn 53.81 Mn 281.98 Mn

Historic Data

Download Data
DateValue
Feb 28, 2026 281.98 Mn
Nov 30, 2025 277.42 Mn
Aug 31, 2025 255.89 Mn
May 31, 2025 201.19 Mn
Feb 28, 2025 222.45 Mn
Nov 30, 2024 209.56 Mn
Aug 31, 2024 149.01 Mn
May 31, 2024 114.06 Mn
Feb 29, 2024 121.43 Mn
Nov 30, 2023 109.66 Mn
Aug 31, 2023 100.52 Mn
May 31, 2023 93.98 Mn
Feb 28, 2023 94.12 Mn
Nov 30, 2022 93.42 Mn
Aug 31, 2022 93.11 Mn
May 31, 2022 57.12 Mn
Feb 28, 2022 53.40 Mn
Nov 30, 2021 53.40 Mn
Aug 31, 2021 44.94 Mn
May 31, 2021 1.51 Mn