Applied Digital (APLD) Total Liabilities (2021 - 2026)

Applied Digital (APLD) posted Total Liabilities of $3.7 billion for Q1 2026, up 16.53% on a QoQ basis from $3.2 billion in Q4 2025, and up 204.21% year-over-year from $1.2 billion in Q1 2025.

Applied Digital (APLD) Total Liabilities (2021 - 2026) Analysis & Trends

Applied Digital's Total Liabilities history runs 6 years deep, the most recent figure standing at $3.7 billion for Q1 2026.

  • Quarterly Total Liabilities rose 204.21% year-over-year to $3.7 billion in Q1 2026, while the trailing twelve-month figure through Feb 2026 was $3.7 billion (up 204.21% YoY) and the FY2025 annual result came in at $1.2 billion, up 93.78% from the prior year.
  • Total Liabilities was $3.7 billion for Q1 2026 at Applied Digital, up from $3.2 billion in the prior quarter.
  • Across five years, Total Liabilities topped out at $3.7 billion in Q1 2026 and bottomed at $24.2 million in Q1 2022.
  • A 5-year average of $855.1 million and a median of $524.7 million in 2024 frame the typical range for Total Liabilities.
  • Annual changes were most pronounced in 2022 — Total Liabilities jumped 1529.8% — and 2025, when it soared 93.78%.
  • Applied Digital's Total Liabilities stood at $95.5 million in 2022, then soared by 240.41% to $325.0 million in 2023, then jumped by 223.95% to $1.1 billion in 2024, then jumped by 199.91% to $3.2 billion in 2025, then climbed by 16.53% to $3.7 billion in 2026.
  • Business Quant data shows APLD's Total Liabilities at $3.7 billion in Q1 2026, $3.2 billion in Q4 2025, and $1.3 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Total Liabilities (Qtr)
1 International Business Machines 203.45 Bn 192.09 Bn 9.91 Bn 117.56 Bn
2 Accenture 94.76 Bn 84.59 Bn 6.13 Bn 68.81 Bn
3 Cgi 61.46 Bn 60.81 Bn - -
4 GDS Holdings 48.81 Bn 46.67 Bn 164.04 Mn -
5 Infosys 47.98 Bn 47.98 Bn 1.60 Bn -
6 Cognizant Technology Solutions 22.55 Bn 21.03 Bn 1.78 Bn 5.43 Bn
7 Fidelity National Information Services 22.25 Bn 21.49 Bn 1.11 Bn 27.50 Bn
8 Wipro 20.03 Bn 15.85 Bn 738.00 Mn 5.71 Bn
9 Cdw 17.85 Bn 17.27 Bn 1.19 Bn 16.45 Bn
10 Applied Digital 7.41 Bn 5.48 Bn 53.81 Mn 3.68 Bn

Historic Data

Download Data
DateValue
Feb 28, 2026 3.68 Bn
Nov 30, 2025 3.16 Bn
Aug 31, 2025 1.29 Bn
May 31, 2025 1.24 Bn
Feb 28, 2025 1.21 Bn
Nov 30, 2024 1.05 Bn
Aug 31, 2024 640.60 Mn
May 31, 2024 638.04 Mn
Feb 29, 2024 524.68 Mn
Nov 30, 2023 325.00 Mn
Aug 31, 2023 221.21 Mn
May 31, 2023 194.28 Mn
Feb 28, 2023 136.21 Mn
Nov 30, 2022 95.47 Mn
Aug 31, 2022 69.02 Mn
May 31, 2022 40.75 Mn
Feb 28, 2022 24.15 Mn
May 31, 2021 2.50 Mn