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
DateValue
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