Applied Digital Corp. financial metrics

Professional SEC-based dashboard for profitability, financial health, and growth with transparent scoring logic. Latest period: Q4 2025.

Symbol
APLD on Nasdaq
Location
Dallas, TX
Fiscal year end
31 May
Latest financial report
08 Jan 2026

Latest SEC snapshot (2026-01-07) highlights Return On Equity -7.9%, Return On Assets -1.5%, and Operating Margin -24.5%.

How Calculated (standard_v1)

Metrics are computed with a market-consensus convention designed for cross-portal comparability.

  • TTM Operating Income / TTM Revenues
  • Current Assets / Current Liabilities (latest instant quarter)
  • (Current Assets - Inventory) / Current Liabilities; fallback: (Cash+Short-Term Investments + Accounts Receivable) / Current Liabilities
  • Total Debt / Stockholders Equity (latest instant quarter; shared unit; freshest series)
  • TTM Net Income / Average Equity (current quarter + same quarter previous year) / 2
  • TTM Net Income / Average Assets (current quarter + same quarter previous year) / 2
  • TTM NOPAT / Average Invested Capital, where NOPAT=Operating Income*(1-tax rate), Invested Capital=Equity+Total Debt-Cash & ST Investments
  • TTM Revenues YoY
  • TTM Net Income YoY

Financial Quality Score

Transparent 0-100 scoring model based on profitability, financial health, and growth factors.

41.1/100

Caution Confidence high

Return On Equity

-7.9%

Metric score 0.0/100

Return On Assets

-1.5%

Metric score 0.0/100

Financial Health

Current Ratio
4.82x
Quick Ratio
3.43x
Debt to Equity
1.26x

Strengths

Revenues YoY and NetIncomeLoss YoY

Watchpoints

Return On Equity, Return On Assets, and Operating Margin

Key metrics snapshot

Return On Equity

-7.9%

YoY: -98%

Industry median: 20% (n=101)

View history

Return On Assets

-1.5%

YoY: -98%

Industry median: -9.9% (n=98)

View history

Operating Margin

-24%

YoY: +694%

Industry median: -3.5% (n=71)

View history

Current Ratio

4.82x

YoY: +523%

Industry median: 1.13x (n=97)

View history

Quick Ratio

3.43x

YoY: +386%

Industry median: 0.94x (n=62)

View history

Debt-to-equity

1.26x

YoY: -36%

Industry median: 0.32x (n=92)

View history

Revenues YoY

104%

YoY:

Industry median: 5.2% (n=26)

View history

NetIncomeLoss YoY

90%

YoY:

Industry median: 15% (n=93)

View history

Profitability

Metric Latest value YoY change
Return On Equity -7.9% -98%
Return On Assets -1.5% -98%
Operating Margin -24% +694%

Financial Health

Metric Latest value YoY change
Current Ratio 4.82x +523%
Quick Ratio 3.43x +386%
Debt-to-equity 1.26x -36%

Growth

Metric Latest value YoY change
Revenues YoY 104%
NetIncomeLoss YoY 90%

Share Metrics

Metric Latest value YoY change
Entity Common Stock, Shares Outstanding 279,585,823 +25%
Common Stock, Shares, Outstanding 279,083,210 +29%
Common Stock, Value, Issued $287,000 +29%
Weighted Average Number of Shares Outstanding, Basic 277,423,733 +32%
Weighted Average Number of Shares Outstanding, Diluted 277,423,733 +32%

Additional Metrics

Metric Latest value YoY change
Revenue from Contract with Customer, Excluding Assessed Tax $263,986,000 +104%
Cost of Revenue $212,206,000 +119%
Costs and Expenses $346,569,000 +158%
Operating Income (Loss) $82,583,000 -1524%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $98,570,000 +40%
Income Tax Expense (Benefit) $124,000 +28%
Earnings Per Share, Basic -0.61 +66%
Earnings Per Share, Diluted -0.61 +66%
Cash and Cash Equivalents, at Carrying Value $1,913,436,000 +568%
Accounts Receivable, after Allowance for Credit Loss, Current $13,345,000 +8.4%
Other Assets, Current $6,024,000
Assets, Current $2,717,317,000 +727%
Property, Plant and Equipment, Net $2,001,450,000 +159%
Operating Lease, Right-of-Use Asset $656,000 -100%
Assets $5,229,344,000 +239%
Accounts Payable, Current $92,911,000 -52%
Accrued Liabilities, Current $207,454,000 +556%
Contract with Customer, Liability, Current $29,444,000
Liabilities, Current $563,401,000 +33%
Operating Lease, Liability, Noncurrent $105,000 -100%
Liabilities $3,157,525,000 +200%
Retained Earnings (Accumulated Deficit) $512,380,000 -30%
Stockholders' Equity Attributable to Parent $1,449,629,000 +234%
Liabilities and Equity $5,229,344,000 +239%
Common Stock, Shares Authorized 600,000,000 +50%
Common Stock, Shares, Issued 286,248,510 +27%
Common Stock, Par or Stated Value Per Share 0.001 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $2,295,764,000 +630%
Operating Lease, Liability $737,000 -99%
Depreciation $15,500,000 0%
Lessee, Operating Lease, Liability, to be Paid $775,000 -99%
Property, Plant and Equipment, Gross $2,035,454,000 +157%
Operating Lease, Liability, Current $632,000 -97%
Lessee, Operating Lease, Liability, to be Paid, Year Two $27,000 -100%
Lessee, Operating Lease, Liability, to be Paid, Year One $365,000 -99%
Operating Lease, Weighted Average Discount Rate, Percent 0.094 -5.1%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount $38,000 -100%
Lessee, Operating Lease, Liability, to be Paid, Year Three $0 -100%
Lessee, Operating Lease, Liability, to be Paid, Year Four $0 -100%
Additional Paid in Capital $2,014,459,000 +135%
Depreciation, Depletion and Amortization $21,181,000 +138%

How we score

This score is transparent and deterministic. We weight profitability, financial health, and growth metrics, then renormalize weights when SEC data is missing.

Metric Weight V1 threshold
ROIC205% to 20%
ROE158% to 25%
ROA102% to 10%
Operating Margin55% to 25%
Current Ratio121.0x to 2.0x
Quick Ratio80.8x to 1.5x
Debt to Equity100.3x to 2.0x (lower is better)
Revenue YoY10-10% to +20%
Net Income YoY10-10% to +20%