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Applied Digital APLD Due to customer

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Other financials

Income statement

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Revenue$126.6M+139%
Gross profit$53.8M+1,323%
Operating income-$85.7M-352%
Net income-$70.6M-98.4%
EPS (diluted)-$0.36-125%

Balance sheet

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Cash & equivalents$2.1B+707%
Total debt$2.8B+525%
Total equity$1.6B+248%
Total assets$6.2B+266%

Cash flow

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Operating cash flow-$15.8M+69.7%
CapEx$775.2M+201%
Free cash flow-$720.2M-186%

Valuation

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Market cap$13.31B+328%
Enterprise value$13.99B+322%
P/S39.4×+17.0×

Profitability

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Gross margin34.4%+5.9pp
Operating margin-44.2%
Net margin-45.7%-19.4pp
FCF margin-536.3%+40.8pp

Returns & leverage

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Return on equity-15.2%-6.8pp
Debt / equity1.8×+0.8×
Current ratio2.4×+1.7×

Where this comes from

Reported directly by Applied Digital in its filing.

Tagged under the XBRL concept apld:ContractWithCustomerPayableCurrent.

The official record: Applied Digital’s 10-Q, filed April 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Applied Digital's due to customer?
Applied Digital (APLD) reported due to customer of $2.66M in Q4 2025.
How has Applied Digital's due to customer changed year-over-year?
Applied Digital's due to customer decreased by 44.7% year-over-year, from $4.81M to $2.66M.
What does due to customer mean?
Money owed to customers for services not yet provided or refunds due.
How do you interpret due to customer?
An increase may indicate higher levels of customer prepayments or potential service delivery delays, while a decrease suggests fulfillment of obligations.
How does due to customer compare across companies?
Specific to service-based businesses; common in industries with subscription or contract-based revenue models.