Growth Metrics

Applied Digital (APLD) Shares Outstanding (Diluted Average) (2021 - 2025)

Applied Digital (APLD) has disclosed Shares Outstanding (Diluted Average) for 5 consecutive years, with $266.6 million as the latest value for Q4 2025.

  • For the quarter ending Q4 2025, Shares Outstanding (Diluted Average) rose 48.84% year-over-year to $266.6 million, compared with a TTM value of $266.6 million through Nov 2025, up 48.84%, and an annual FY2025 reading of $201.2 million, up 76.39% over the prior year.
  • Shares Outstanding (Diluted Average) was $266.6 million for Q4 2025 at Applied Digital, up from $255.9 million in the prior quarter.
  • Across five years, Shares Outstanding (Diluted Average) topped out at $266.6 million in Q4 2025 and bottomed at $1.5 million in Q2 2021.
  • Average Shares Outstanding (Diluted Average) over 5 years is $121.1 million, with a median of $100.5 million recorded in 2023.
  • The sharpest move saw Shares Outstanding (Diluted Average) soared 3680.2% in 2022, then grew 7.96% in 2023.
  • Year by year, Shares Outstanding (Diluted Average) stood at $49.1 million in 2021, then surged by 89.78% to $93.3 million in 2022, then grew by 17.58% to $109.7 million in 2023, then surged by 63.34% to $179.1 million in 2024, then surged by 48.84% to $266.6 million in 2025.
  • Business Quant data shows Shares Outstanding (Diluted Average) for APLD at $266.6 million in Q4 2025, $255.9 million in Q3 2025, and $201.2 million in Q2 2025.