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Applied Digital Corp. APLD

Nasdaq · stock · Services-Computer Processing & Data Preparation · website · IPO 2002-07-22 · LEI

Applied Digital Corp. statistics & valuation

Market cap$11.2B
P / S18.3×
P / B6.5×
Return on capital-2.7%

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports.

Profitability & efficiency

Gross margin (%)
-11.20% 19.90% 202120222023202420252026
Operating margin (%)
-244.40% -77.50% -59.40% -31.60% -38.70% 202120222023202420252026
Return on equity (%)
-29.70% -64.10% -119.60% 202120222023202420252026
Shares outstanding
1.5M 97.8M 95.9M 139.1M 224.9M 287.9M 202120222023202420252026
Net debt ($)
-$31.6M 202120222023202420252026
Share buybacks ($)
202120222023202420252026
Return on assets (%)
-3.80% -19.60% -16.90% -19.60% 202120222023202420252026
Free cash flow margin (%)
-572.90% 202120222023202420252026
Debt / equity (×)
0.09× 202120222023202420252026
EPS ($)
-$0.38 -$0.41 -$0.47 -$1.31 -$1.16 -$0.91 202120222023202420252026

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

Key ratios (by fiscal year)

RatioFY2026FY2025FY2024FY2023FY2022FY2021
Gross margin———19.9%-11.2%—
Operating margin-38.7%-31.6%-59.4%-77.5%-244.4%—
Net margin——-90.2%-80.6%-275.1%—
FCF margin————-572.9%—
Return on assets——-19.6%-16.9%-19.6%-3.8%
Return on equity——-119.6%-64.1%-29.7%22.0%
Debt / equity————0.09×—
Current ratio4.010.270.730.401.394.70

Computed from company filings · US · as of 2025-05-31. Facts plus Stocktoria's own computed scores — not investment advice.