Applied Digital Balance Sheet
NASDAQ: APLDTechnologyEDP ServicesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Applied Digital financial position
At the end of fiscal 2026, Applied Digital reported total assets of $9.93 billion, up 431.0% from a year earlier against total liabilities of $6.19 billion. Shareholders' equity stood at $1.72 billion, or 17.3% of assets. The company held $1.59 billion in cash and equivalents against $4.96 billion of debt, a net debt position of $3.37 billion.
The current ratio (current assets divided by current liabilities) was 4.01, meaning short-term assets cover obligations due within a year. Debt-to-equity was 2.89.
Summary generated from market data by MetaCap's automated system. Methodology
Applied Digital balance sheet (annual)
| Fiscal year (USD) | FY 20262026-05-31 | FY 20252025-05-31 | FY 20242024-05-31 | FY 20232023-05-31 | FY 20222022-05-31 | FY 20212021-05-31 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 1.59B | 43.95M | 3.34M | 29.00M | 38.80M | 11.75M |
| Receivables | 56.31M | 6.83M | 3.85M | 82.00K | 227.00K | 0 |
| Total Current Assets | 4.66B | 132.80M | 404.14M | 45.67M | 40.36M | 11.76M |
| Property, Plant & Equipment | 4.24B | 1.25B | 329.10M | 198.15M | 64.26M | 20.00K |
| Goodwill | 54.51M | 0 | — | — | — | — |
| Total Assets | 9.93B | 1.87B | 762.87M | 263.96M | 119.98M | 15.05M |
| Accounts Payable | 395.47M | 251.49M | 104.53M | 6.45M | 13.26M | 249.00K |
| Total Current Liabilities | 1.16B | 499.73M | 554.11M | 115.46M | 29.00M | 2.50M |
| Long-Term Debt | 4.96B | 677.83M | — | — | 5.90M | 0 |
| Total Liabilities | 6.19B | 1.24B | 638.04M | 194.28M | 40.74M | 2.50M |
| Shareholders' Equity | 1.72B | 497.69M | 124.83M | 59.52M | 72.26M | -2.58M |
| Retained Earnings | -662.33M | -481.06M | -249.99M | -100.72M | -56.07M | -21.62M |
| Total Debt | 4.96B | 677.83M | — | — | 5.90M | 0 |
| Net Cash (Debt) | -3.37B | -633.88M | 3.34M | 29.00M | 32.90M | 11.75M |
| Shares Outstanding | 287.88M | 224.91M | 139.05M | 95.93M | 97.80M | 1.51M |
This table shows 6 annual periods of Applied Digital's balance sheet, from FY 2026 back to FY 2021, across 15 line items including cash & equivalents, receivables, total current assets. Values in USD; B = billions, M = millions. Fiscal periods follow APLD's reporting calendar. What is a balance sheet?