stockrowApplied 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
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Applied Digital Corporation (APLD) Debt to equity
Applied Digital Corporation's debt to equity at the end of the quarter to 31 August 2026 was 4.0×, up 1.1× from fiscal 2026 (2.9×). Over the past ten years it has ranged from −0.9× (fiscal 2020) to 2.9× (fiscal 2026) — the current reading is the highest in ten years. That is above the Information Technology Services industry median of 0.3× and above the Technology sector median of 0.0×.
Debt to equity, annual
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Annual newest first
| Period | Debt to equity | Change |
|---|---|---|
| FY2026 | 2.9× | 109.13% |
| FY2025 | 1.4× | 34.03% |
| FY2024 | 1.0× | (15.20%) |
| FY2023 | 1.2× | 730.38% |
| FY2022 | 0.1× | — |
| FY2021 | −0.8× | — |
| FY2020 | −0.9× | — |
Quarterly newest first
| Period | Debt to equity | Change |
|---|---|---|
| Aug 2026 | 4.0× | 37.18% |
| May 2026 | 2.9× | 68.52% |
| Feb 2026 | 1.7× | (4.57%) |
| Nov 2025 | 1.8× | 173.18% |
| 20 more quarters | Free account |
Against its own ten years
Debt to equity against peers
| Company | Debt to equity |
|---|---|
| MAAS Maase Inc. - Sponsored ADR compare | 0.0× |
| G Genpact Limited compare | 0.4× |
| PSN Parsons Corporation compare | 0.5× |
| EXLS ExlService Holdings, Inc. compare | 0.6× |
| INGM Ingram Micro Holding Corporation compare | 0.9× |
| GDS GDS Holdings compare | 1.5× |
| SAIC Science Applications International Corporation compare | 1.7× |
| KD Kyndryl Holdings, Inc. compare | 3.5× |
| APLD Applied Digital Corporation | 4.0× |
| Information Technology Services industry median | 0.3× |
| Technology sector median | 0.0× |
| Market median | 0.1× |
What Debt to equity is
Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.
(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)
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