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Applied Digital APLD Accrued Expenses

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Other financials

Income statement

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Revenue$258.7M+407%
Gross profit$97.3M-13.3%
Operating income-$124.8M
Net income-$82.4M-56.9%
EPS (diluted)-$0.40-73.9%

Balance sheet

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Cash & equivalents$1.6B+1,191%
Total debt$5.1B+511%
Total equity$1.7B+245%
Total assets$9.9B+431%

Cash flow

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Operating cash flow$132.5M
CapEx$1.3B+550%
Free cash flow-$1.2B-504%

Valuation

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Market cap$8.37B+125%
Enterprise value$11.9B+169%
P/S14.5×-1.7×

Profitability

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Gross margin32.2%-23.4pp
Operating margin-45.8%
Net margin-32%-13.0pp
FCF margin-481.8%+297pp

Returns & leverage

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Return on equity-16.6%-7.3pp
Debt / equity+1.3×
Current ratio+3.7×

Where this comes from

Reported directly by Applied Digital in its filing.

Tagged under the XBRL concept us-gaap:OtherLiabilitiesCurrent.

The source filing: Applied Digital’s 10-K, filed July 29, 2026.

Filed
Jul 29, 2026, 4:07 PM EDT
Fiscal year
FY2026
Accession
0001144879-26-000048
Line itemMay 31, 2026May 31, 2025
Deferred revenue4,6663,594
Current liabilities held for sale7,426
Due to customer10,0654,807
Other current liabilities97,48919,431
Total current liabilities1,162,856499,725
Long-term portion of operating lease liability47,17858,800
Long-term portion of finance lease liability10,73115
Long-term debt4,959,516677,825

Item 8. Financial Statements and Supplementary Data

FAQ

What is Applied Digital's accrued expenses?
Applied Digital (APLD) reported accrued expenses of $97.49M in Q1 2026.
How has Applied Digital's accrued expenses changed year-over-year?
Applied Digital's accrued expenses increased by 401.7% year-over-year, from $19.43M to $97.49M.
What does accrued expenses mean?
Expenses incurred but not yet paid or invoiced — interest accruals, tax accruals, warranty reserves, and other timing differences.

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