Applied Digital (APLD) Total Debt (2022 - 2026)
Applied Digital's (APLD) quarterly Total Debt came in at $5.0 billion in Q2 2026, up 631.68% YoY from $677.8 million in Q2 2025, and up 91.15% on a QoQ basis from $2.6 billion in Q1 2026.
Applied Digital (APLD) Total Debt (2022 - 2026) Analysis & Trends
Applied Digital (APLD) has 5 years of Total Debt data on file, last reported at $5.0 billion in Q2 2026.
- Quarterly Total Debt rose 631.68% year-over-year to $5.0 billion in Q2 2026, while the trailing twelve-month figure through May 2026 was $5.0 billion (up 631.68% YoY) and the FY2026 annual result came in at $5.0 billion, up 631.68% from the prior year.
- Total Debt rose to $5.0 billion in Q2 2026, from $2.6 billion in the prior quarter.
- In the past five years, Total Debt ranged from a high of $5.0 billion in Q2 2026 to a low of $5.9 million in Q2 2022.
- A 5-year average of $743.9 million and a median of $79.5 million in 2024 frame the typical range for Total Debt.
- Annual changes were most pronounced in 2024 — Total Debt surged 31.72% — and 2025, when it soared 2632.9%.
- Tracing APLD's Total Debt over 5 years: stood at $16.4 million in 2022, then soared by 104.57% to $33.5 million in 2023, then soared by 1297.7% to $468.2 million in 2024, then surged by 453.99% to $2.6 billion in 2025, then jumped by 91.19% to $5.0 billion in 2026.
- The last three Total Debt figures came in at $5.0 billion (Q2 2026), $2.6 billion (Q1 2026), and $2.6 billion (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | International Business Machines | 219.38 Bn | 208.02 Bn | 9.91 Bn | 61.99 Bn |
| 2 | Accenture | 111.06 Bn | 100.89 Bn | 6.13 Bn | 5.14 Bn |
| 3 | Infosys | 47.96 Bn | 47.96 Bn | 1.60 Bn | - |
| 4 | Cgi | 32.80 Bn | 32.34 Bn | - | 2.66 Bn |
| 5 | Cognizant Technology Solutions | 28.32 Bn | 27.27 Bn | 1.83 Bn | 1.56 Bn |
| 6 | Fidelity National Information Services | 20.92 Bn | 20.17 Bn | 1.17 Bn | 21.17 Bn |
| 7 | Broadridge Financial Solutions | 20.67 Bn | 20.27 Bn | 853.00 Mn | 3.25 Bn |
| 8 | Wipro | 19.82 Bn | 18.75 Bn | 738.00 Mn | 1.88 Bn |
| 9 | Leidos Holdings | 17.78 Bn | 17.03 Bn | 817.00 Mn | 6.03 Bn |
| 10 | Applied Digital | 7.88 Bn | 3.91 Bn | 97.29 Mn | 4.96 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| May 31, 2026 | 4.96 Bn |
| 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 | 106.23 Mn |
| May 31, 2024 | 79.47 Mn |
| Feb 29, 2024 | 24.85 Mn |
| Nov 30, 2023 | 33.50 Mn |
| Aug 31, 2023 | 34.88 Mn |
| May 31, 2023 | 35.26 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 |