Applied Digital (APLD) Tax Rate (2021 - 2026)
Applied Digital's (APLD) quarterly Tax Rate came in at 2.22% in Q2 2026, down 225.0% on a YoY basis from 1.77% in Q2 2025, and down 78349.1% quarter-over-quarter from 0.0% in Q1 2026.
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Applied Digital (APLD) Tax Rate (2021 - 2026) Analysis & Trends
Applied Digital (APLD) has reported Tax Rate for 6 consecutive years, with 2.22% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Tax Rate fell 225.0% year-over-year to 2.22%; the trailing twelve-month figure through May 2026 stood at 0.88% (down 83.0% YoY), and the FY2026 full-year result was 0.98%, down 94.0% from the prior year.
- Tax Rate eased to 2.22% in Q2 2026 per APLD's latest filing, from 0.0% in the prior quarter.
- Across five years, Tax Rate topped out at 4.06% in Q2 2023 and bottomed at 6.08% in Q2 2022.
- Historically, Tax Rate has averaged 0.53% across 5 years, with a median of 0.06% in 2025.
- The sharpest annual moves came in 2022 and 2024: Tax Rate surged 1695 bps in 2022, then tumbled 421 bps in 2024.
- Over 5 years, Tax Rate stood at 1.15% in 2022, then surged by 252 bps to 4.06% in 2023, then slumped by 100 bps to 0.0% in 2024, then tumbled by 7153 bps to 0.06% in 2025, then plunged by 3826 bps to 2.22% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 2.22%, 0.0%, and 0.06% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Equinix | 100.35 Bn | 98.13 Bn | 1.40 Bn | 8.80% |
| 2 | Terawulf | 7.45 Bn | 4.69 Bn | 32.37 Mn | 0.00% |
| 3 | Cipher Digital | 6.82 Bn | 2.80 Bn | 9.79 Mn | -0.14% |
| 4 | Applied Digital | 6.71 Bn | 2.74 Bn | 97.29 Mn | -2.22% |
| 5 | GDS Holdings | 5.78 Bn | 3.59 Bn | 97.89 Mn | -26.59% |
| 6 | Core Scientific | 5.48 Bn | 3.54 Bn | 70.04 Mn | -0.17% |
| 7 | Vnet | 1.63 Bn | 636.30 Mn | 74.45 Mn | -155.11% |
| 8 | Sify Technologies | 1.44 Bn | 1.44 Bn | 51.65 Mn | -8.35% |
| 9 | WhiteFiber | 666.74 Mn | 606.37 Mn | 18.88 Mn | 4.76% |
| 10 | Vulcan Infrastructure & Power | 432.00 Mn | 428.80 Mn | -1.25 Mn | 0.02% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | -2.22% |
| Feb 28, 2026 | 0.00% |
| Nov 30, 2025 | -0.06% |
| Aug 31, 2025 | -0.03% |
| May 31, 2025 | 0.03% |
| Feb 28, 2025 | -0.33% |
| Nov 30, 2024 | 0.00% |
| May 31, 2024 | -0.15% |
| May 31, 2023 | 4.06% |
| Nov 30, 2022 | 1.15% |
| Aug 31, 2022 | -0.69% |
| May 31, 2022 | -6.08% |
| Feb 28, 2022 | -2.57% |
| Nov 30, 2021 | -15.79% |