Income Tax Expense (Benefit) of Applied Digital Corp. from 28 Feb 2021 to 30 Nov 2025

Taxonomy & unit
us-gaap: USD
Description
Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.
Summary
Applied Digital Corp. quarterly and annual Income Tax Expense (Benefit) in USD history and change rate from 28 Feb 2021 to 30 Nov 2025.
  • Applied Digital Corp. Income Tax Expense (Benefit) for the quarter ending 30 Nov 2025 was $15,000, a 1400% increase year-over-year.
  • Applied Digital Corp. Income Tax Expense (Benefit) for the twelve months ending 30 Nov 2025 was $124,000, a 28% increase year-over-year.
  • Applied Digital Corp. annual Income Tax Expense (Benefit) for 2024 was $102,000, a 6.2% increase from 2023.
  • Applied Digital Corp. annual Income Tax Expense (Benefit) for 2023 was $96,000.
  • Applied Digital Corp. annual Income Tax Expense (Benefit) for 2022 was $523,000, a 197% decline from 2021.
Source SEC data
View on sec.gov
Income Tax Expense (Benefit), Trailing 12 Months (USD)
Income Tax Expense (Benefit), Quarterly (USD)
Income Tax Expense (Benefit), YoY Quarterly Change (%)
Income Tax Expense (Benefit), Annual (USD)
Income Tax Expense (Benefit), YoY Annual Change (%)

Applied Digital Corp. Quarterly Income Tax Expense (Benefit) (USD)

Period TTM Value Value YoY Chg Change % Start Date End Date Report Filed Fiscal Year Fiscal Period
Q4 2025 $124,000 $15,000 +$14,000 +1400% 01 Sep 2025 30 Nov 2025 10-Q 08 Jan 2026 2026 Q2
Q3 2025 $110,000 $8,000 +$8,000 01 Jun 2025 31 Aug 2025 10-Q 09 Oct 2025 2026 Q1
Q2 2025 $102,000 $16,000 -$112,000 -117% 01 Mar 2025 31 May 2025 10-K 30 Jul 2025 2025 FY
Q1 2025 $214,000 $117,000 +$117,000 01 Dec 2024 28 Feb 2025 10-Q 14 Apr 2025 2025 Q3
Q4 2024 $97,000 $1,000 +$1,000 01 Sep 2024 30 Nov 2024 10-Q 08 Jan 2026 2026 Q2
Q3 2024 $96,000 $0 $0 01 Jun 2024 31 Aug 2024 10-Q 09 Oct 2025 2026 Q1
Q2 2024 $96,000 $96,000 +$339,000 01 Mar 2024 31 May 2024 10-K 30 Jul 2025 2025 FY
Q1 2024 $243,000 $0 $0 01 Dec 2023 29 Feb 2024 10-Q 14 Apr 2025 2025 Q3
Q4 2023 $243,000 $0 +$312,000 01 Sep 2023 30 Nov 2023 10-Q 14 Jan 2025 2025 Q2
Q3 2023 $555,000 $0 -$32,000 -100% 01 Jun 2023 31 Aug 2023 10-Q 09 Oct 2024 2025 Q1
Q2 2023 $523,000 $243,000 -$509,000 -191% 01 Mar 2023 31 May 2023 10-K 30 Jul 2025 2025 FY
Q1 2023 $14,000 $0 -$60,000 -100% 01 Dec 2022 28 Feb 2023 10-Q 11 Apr 2024 2024 Q3
Q4 2022 $46,000 $312,000 -$526,000 -246% 01 Sep 2022 30 Nov 2022 10-Q 16 Jan 2024 2024 Q2
Q3 2022 $572,000 $32,000 +$32,000 01 Jun 2022 31 Aug 2022 10-Q 10 Oct 2023 2024 Q1
Q2 2022 $540,000 $266,000 01 Mar 2022 31 May 2022 10-K 02 Aug 2023 2023 FY
Q1 2022 $60,000 +$60,000 01 Dec 2021 28 Feb 2022 10-Q 06 Apr 2023 2023 Q3
Q4 2021 $214,000 01 Sep 2021 30 Nov 2021 10-Q 10 Jan 2023 2023 Q2
Q3 2021 $0 01 Jun 2021 31 Aug 2021 10-Q 12 Oct 2022 2023 Q1
Q1 2021 $0 01 Dec 2020 28 Feb 2021 10-Q 13 May 2022 2022 Q3

Applied Digital Corp. Annual Income Tax Expense (Benefit) (USD)

Period Value YoY Chg Change % Start Date End Date Report Filed Fiscal Year Fiscal Period
2024 $102,000 +$6,000 +6.2% 01 Jun 2024 31 May 2025 10-K 30 Jul 2025 2025 FY
2023 $96,000 +$619,000 01 Jun 2023 31 May 2024 10-K 30 Jul 2025 2025 FY
2022 $523,000 -$1,063,000 -197% 01 Jun 2022 31 May 2023 10-K 30 Jul 2025 2025 FY
2021 $540,000 +$540,000 01 Jun 2021 31 May 2022 10-K 02 Aug 2023 2023 FY
2020 $0 01 Jun 2020 31 May 2021 10-K 29 Aug 2022 2022 FY
* An asterisk sign (*) next to the value indicates that the value is likely invalid.