Applied Digital (APLD) Total Debt (2022 - 2026)
Applied Digital (APLD) posted Total Debt of $2.6 billion for Q1 2026, little changed on a QoQ basis from $2.6 billion in Q4 2025, and up 282.11% year-over-year from $679.0 million in Q1 2025.
Applied Digital (APLD) Total Debt (2022 - 2026) Analysis & Trends
Applied Digital's Total Debt history runs 5 years deep, the most recent figure standing at $2.6 billion for Q1 2026.
- Quarterly Total Debt rose 282.11% year-over-year to $2.6 billion in Q1 2026, while the trailing twelve-month figure through Feb 2026 was $2.6 billion (up 282.11% YoY) and the FY2025 annual result came in at $677.8 million, up 752.91% from the prior year.
- Total Debt was $2.6 billion for Q1 2026 at Applied Digital, roughly flat from $2.6 billion in the prior quarter.
- Across five years, Total Debt topped out at $2.6 billion in Q1 2026 and bottomed at $5.9 million in Q2 2022.
- A 5-year average of $537.9 million and a median of $56.3 million in 2023 frame the typical range for Total Debt.
- Annual changes were most pronounced in 2024 — Total Debt fell 6.63% — and 2025, when it jumped 3755.26%.
- Applied Digital's Total Debt stood at $16.4 million in 2022, then soared by 102.87% to $33.2 million in 2023, then jumped by 1309.44% to $468.2 million in 2024, then jumped by 453.99% to $2.6 billion in 2025, then grew by 0.02% to $2.6 billion in 2026.
- Business Quant data shows APLD's Total Debt at $2.6 billion in Q1 2026, $2.6 billion in Q4 2025, and $305.3 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | International Business Machines | 193.88 Bn | 178.95 Bn | 9.91 Bn | 61.99 Bn |
| 2 | Accenture | 84.94 Bn | 75.26 Bn | 6.13 Bn | 5.14 Bn |
| 3 | GDS Holdings | 50.55 Bn | 48.40 Bn | 164.04 Mn | - |
| 4 | Infosys | 44.05 Bn | 44.79 Bn | 1.60 Bn | - |
| 5 | Cgi | 41.25 Bn | 40.60 Bn | - | 2.65 Bn |
| 6 | Fidelity National Information Services | 20.63 Bn | 19.87 Bn | 1.11 Bn | 16.99 Bn |
| 7 | Cognizant Technology Solutions | 20.39 Bn | 18.87 Bn | 1.78 Bn | 568.00 Mn |
| 8 | Wipro | 18.65 Bn | 17.52 Bn | 738.00 Mn | 1.88 Bn |
| 9 | Broadridge Financial Solutions | 16.79 Bn | 16.48 Bn | 626.90 Mn | 3.73 Bn |
| 10 | Applied Digital | 8.74 Bn | 7.74 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 | 17.61 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 |
| May 31, 2022 | 5.90 Mn |