Applied Digital (APLD) Total Debt (2022 - 2026)
Applied Digital (APLD) reported Total Debt of $2.6 billion for Q1 2026, up 282.11% on a YoY basis from $679.0 million in Q1 2025, and little changed quarter-over-quarter from $2.6 billion in Q4 2025.
Applied Digital (APLD) Total Debt (2022 - 2026) Analysis & Trends
Applied Digital has reported Total Debt for 5 years, with the latest figure at $2.6 billion in Q1 2026.
- For the quarter ending Q1 2026, Total Debt rose 282.11% year-over-year to $2.6 billion; the trailing twelve-month figure through Feb 2026 stood at $2.6 billion (up 282.11% YoY), and the FY2025 full-year result was $677.8 million, up 752.91% from the prior year.
- Total Debt for Q1 2026 stood at $2.6 billion, roughly flat from $2.6 billion in the prior quarter.
- The five-year high for Total Debt was $2.6 billion in Q1 2026, with the low at $12.1 million in Q3 2022.
- Historically, Total Debt has averaged $578.6 million across 5 years, with a median of $79.5 million in 2024.
- Annual changes were most pronounced in 2024 — Total Debt decreased 20.48% — and 2025, when it soared 4426.59%.
- Applied Digital's Total Debt stood at $16.4 million in 2022, then jumped by 102.87% to $33.2 million in 2023, then surged by 1309.44% to $468.2 million in 2024, then surged by 453.99% to $2.6 billion in 2025, then advanced by 0.02% to $2.6 billion in 2026.
- The last three Total Debt figures came in at $2.6 billion (Q1 2026), $2.6 billion (Q4 2025), and $305.3 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 250,975,992.28 Bn | 250,975,991.00 Bn | 1.56 Bn | 214.83 Bn |
| 2 | International Business Machines | 267.32 Bn | 252.39 Bn | 8.95 Bn | 66.36 Bn |
| 3 | Wipro | 138.60 Bn | 137.44 Bn | 751.00 Mn | 141.55 Mn |
| 4 | Accenture | 109.98 Bn | 101.66 Bn | 16.30 Bn | 5.14 Bn |
| 5 | Cognizant Technology Solutions | 25.38 Bn | 23.86 Bn | 1.78 Bn | 568.00 Mn |
| 6 | Fidelity National Information Services | 21.09 Bn | 20.34 Bn | 1.11 Bn | 20.96 Bn |
| 7 | Broadridge Financial Solutions | 17.60 Bn | 17.30 Bn | 626.90 Mn | 3.23 Bn |
| 8 | Cdw | 17.16 Bn | 16.58 Bn | 1.19 Bn | 5.64 Bn |
| 9 | Leidos Holdings | 15.68 Bn | 15.27 Bn | 761.00 Mn | 6.33 Bn |
| 10 | Applied Digital | 11.17 Bn | 10.17 Bn | 53.81 Mn | 2.59 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Feb 28, 2026 | 2.59 Bn |
| Nov 30, 2025 | 2.59 Bn |
| Aug 31, 2025 | 305.28 Mn |
| May 31, 2025 | 677.83 Mn |
| Feb 28, 2025 | 678.99 Mn |
| Nov 30, 2024 | 468.24 Mn |
| Aug 31, 2024 | 28.13 Mn |
| May 31, 2024 | 79.47 Mn |
| Feb 29, 2024 | 15.00 Mn |
| May 31, 2023 | 33.22 Mn |
| Feb 28, 2023 | 18.86 Mn |
| Nov 30, 2022 | 16.38 Mn |
| Aug 31, 2022 | 12.11 Mn |