Applied Digital (APLD) Shares Outstanding (Diluted Average) (2021 - 2026)
Applied Digital (APLD) reported Shares Outstanding (Diluted Average) of $271.7 million for Q1 2026, up 22.12% on a YoY basis from $222.5 million in Q1 2025, and down 2.07% quarter-over-quarter from $277.4 million in Q4 2025.
Applied Digital (APLD) Shares Outstanding (Diluted Average) (2021 - 2026) Analysis & Trends
Applied Digital has reported Shares Outstanding (Diluted Average) for 6 years, with the latest figure at $271.7 million in Q1 2026.
- For the quarter ending Q1 2026, Shares Outstanding (Diluted Average) rose 22.12% year-over-year to $271.7 million; the trailing twelve-month figure through Feb 2026 stood at $271.7 million (up 22.12% YoY), and the FY2025 full-year result was $201.2 million, up 76.39% from the prior year.
- Shares Outstanding (Diluted Average) for Q1 2026 stood at $271.7 million, down from $277.4 million in the prior quarter.
- The five-year high for Shares Outstanding (Diluted Average) was $277.4 million in Q4 2025, with the low at $53.4 million in Q1 2022.
- Historically, Shares Outstanding (Diluted Average) has averaged $146.0 million across 5 years, with a median of $114.1 million in 2024.
- Annual changes were most pronounced in 2022 — Shares Outstanding (Diluted Average) surged 3680.2% — and 2023, when it rose 7.96%.
- Applied Digital's Shares Outstanding (Diluted Average) stood at $93.3 million in 2022, then rose by 12.66% to $105.1 million in 2023, then soared by 70.48% to $179.1 million in 2024, then soared by 54.88% to $277.4 million in 2025, then declined by 2.07% to $271.7 million in 2026.
- The last three Shares Outstanding (Diluted Average) figures came in at $271.7 million (Q1 2026), $277.4 million (Q4 2025), and $255.9 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares (Diluted Avg.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 250,975,992.28 Bn | 250,975,991.00 Bn | 1.56 Bn | 800.00 Bn |
| 2 | International Business Machines | 267.32 Bn | 252.39 Bn | 8.95 Bn | 952.13 Mn |
| 3 | Wipro | 138.60 Bn | 137.44 Bn | 751.00 Mn | - |
| 4 | Accenture | 109.98 Bn | 101.66 Bn | 16.30 Bn | 624.58 Mn |
| 5 | Cognizant Technology Solutions | 25.38 Bn | 23.86 Bn | 1.78 Bn | - |
| 6 | Fidelity National Information Services | 21.09 Bn | 20.34 Bn | 1.11 Bn | 517.00 Mn |
| 7 | Broadridge Financial Solutions | 17.60 Bn | 17.30 Bn | 626.90 Mn | 117.60 Mn |
| 8 | Cdw | 17.16 Bn | 16.58 Bn | 1.19 Bn | 129.50 Mn |
| 9 | Leidos Holdings | 15.68 Bn | 15.27 Bn | 761.00 Mn | - |
| 10 | Applied Digital | 11.17 Bn | 10.17 Bn | 53.81 Mn | 271.67 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Feb 28, 2026 | 271.67 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 | 179.12 Mn |
| Aug 31, 2024 | 149.10 Mn |
| May 31, 2024 | 114.06 Mn |
| Feb 29, 2024 | 121.43 Mn |
| Nov 30, 2023 | 105.07 Mn |
| Aug 31, 2023 | 100.52 Mn |
| May 31, 2023 | 93.98 Mn |
| Feb 28, 2023 | 93.55 Mn |
| Nov 30, 2022 | 93.26 Mn |
| Aug 31, 2022 | 93.11 Mn |
| May 31, 2022 | 57.12 Mn |
| Feb 28, 2022 | 53.40 Mn |
| Nov 30, 2021 | 49.14 Mn |
| Aug 31, 2021 | 44.94 Mn |
| May 31, 2021 | 1.51 Mn |