Applied Digital Corp. Quarterly Interest Expense in USD from Q1 2021 to Q2 2024

Taxonomy & unit
us-gaap: USD
Description
Amount of the cost of borrowed funds accounted for as interest expense.
Summary
Applied Digital Corp. quarterly/annual Interest Expense history and growth rate from Q1 2021 to Q2 2024.
  • Applied Digital Corp. Interest Expense for the quarter ending May 31, 2024 was $18M, a 1882% increase year-over-year.
  • Applied Digital Corp. Interest Expense for the twelve months ending May 31, 2024 was $26.8M, a 1255% increase year-over-year.
  • Applied Digital Corp. annual Interest Expense for 2023 was $26.8M, a 1255% increase from 2022.
  • Applied Digital Corp. annual Interest Expense for 2022 was $1.98M, a 1668% increase from 2021.
  • Applied Digital Corp. annual Interest Expense for 2021 was $112K, a 52.5% decline from 2020.
Interest Expense, Trailing 12 Months (USD)
Interest Expense, Quarterly (USD)
Interest Expense, YoY Quarterly Growth (%)
Period TTM Value Value YoY Chg Change % Start Date End Date Report Filed
Q2 2024 $26.8M $18M +$17.1M +1882% Mar 1, 2024 May 31, 2024 10-K 2024-08-30
Q1 2024 $9.74M $4.4M +$4.05M +1151% Dec 1, 2023 Feb 29, 2024 10-Q 2024-04-11
Q4 2023 $5.69M $2.36M +$1.99M +547% Sep 1, 2023 Nov 30, 2023 10-Q 2024-01-16
Q3 2023 $3.7M $2.07M +$1.72M +483% Jun 1, 2023 Aug 31, 2023 10-Q 2023-10-10
Q2 2023 $1.98M $908K +$796K +711% Mar 1, 2023 May 31, 2023 10-K 2024-08-30
Q1 2023 $1.18M $352K +$352K Dec 1, 2022 Feb 28, 2023 10-Q 2024-04-11
Q4 2022 $832K $364K +$364K Sep 1, 2022 Nov 30, 2022 10-Q 2024-01-16
Q3 2022 $468K $356K +$356K Jun 1, 2022 Aug 31, 2022 10-Q 2023-10-10
Q2 2022 $112K $112K Mar 1, 2022 May 31, 2022 10-K 2023-08-02
Q1 2022 $0 -$77K -100% Dec 1, 2021 Feb 28, 2022 10-Q 2023-04-06
Q4 2021 $0 Sep 1, 2021 Nov 30, 2021 10-Q 2023-01-10
Q3 2021 $0 Jun 1, 2021 Aug 31, 2021 10-Q 2022-10-12
Q1 2021 $77K Dec 1, 2020 Feb 28, 2021 10-Q 2022-05-13
* An asterisk sign (*) next to the value indicates that the value is likely invalid.