Applied Digital Corporation

APLD Technology Information Technology Services

Revenue
+322.4%
EPS
−1,071.4%
Free cash flow
−506.7%
Total debt
+828.1%

Quarter to August 2026, against a year earlier

15.52 1.35 +9.53%
Market cap
$4.3B
P/E
0.0×
Fwd P/E
−13.0×
Dividend yield
—
F-score
5/9
Altman Z
1.26
Beneish M
0.53
Dividend safety
n/a

Applied Digital Corporation (APLD) Current ratio

Alert me on Current ratio

Applied Digital Corporation's current ratio at the end of the quarter to 31 August 2026 was 2.6×, down 1.4× from fiscal 2026 (4.0×). Over the past ten years it has ranged from 0.0× (fiscal 2020) to 4.7× (fiscal 2021); the current reading is higher than 86% of that period. That is above the Information Technology Services industry median of 1.7× and above the Technology sector median of 1.9×.

Current ratio, annual

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Annual newest first

Period Current ratio Change
FY2026 4.0× 1,409.15%
FY2025 0.3× (63.57%)
FY2024 0.7× 84.42%
FY2023 0.4× (71.59%)
FY2022 1.4× (70.40%)
FY2021 4.7× —
FY2020 0.0× —

Quarterly newest first

Period Current ratio Change
Aug 2026 2.6× (36.10%)
May 2026 4.0× 68.32%
Feb 2026 2.4× (50.61%)
Nov 2025 4.8× 640.65%
19 more quarters

Against its own ten years

Low 0.0× High 4.7×
Ten-year median 0.7×
Current reading's percentile 86

Current ratio against peers

Company Current ratio
MAAS Maase Inc. - Sponsored ADR compare 53.1×
APLD Applied Digital Corporation 2.6×
EXLS ExlService Holdings, Inc. compare 2.2×
G Genpact Limited compare 2.0×
GDS GDS Holdings compare 1.8×
PSN Parsons Corporation compare 1.6×
INGM Ingram Micro Holding Corporation compare 1.3×
SAIC Science Applications International Corporation compare 1.2×
KD Kyndryl Holdings, Inc. compare 1.0×
Information Technology Services industry median 1.7×
Technology sector median 1.9×
Market median 1.6×

What Current ratio is

Current Ratio shows whether a company’s short-term assets are enough to cover the bills and debts it must pay within the next year.

Current Assets (Total) ÷ Current Liabilities (Total)

The full definition of Current ratio →

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