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Applied Digital APLD Derivative assets

Derivative assets at other companies

Equinix, Inc. logo
Equinix, Inc.EQIX
$141M-49.3%
Riot Platforms, Inc. logo
Riot Platforms, Inc.RIOT
$23.4M-65.4%
Cipher Digital, Inc. logo
Cipher Digital, Inc.CIFR
$28.58M-69.3%
Hut 8 Mining Corp. logo
Hut 8 Mining Corp.HUT
$16.22M-10.3%
Galaxy Digital logo
Galaxy DigitalGLXY
$86.23M
KEE
Keel InfrastructureKEEL
$7.49M+119%

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$8.6B+122%
Enterprise value$12.14B+165%
P/S14.9×-2.0×

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:DerivativeAssets.

The source filing: Applied Digital’s 10-Q, filed April 8, 2026.

Filed
Apr 8, 2026, 4:26 PM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q1 2026
Accession
0001144879-26-000030
Line itemFebruary 28, 2026May 31, 2025
Deposits on assets & construction40,42469,500
Deferred construction costs1245
Deferred lease costs12,5667,342
Derivative assets (1)98,833
Investments in other companies (2)43,6206,073
Investment in related party (3)2,000
Other15,6334,977
Total Other assets$593,708$179,353

Item 1. Financial Statements

FAQ

What is Applied Digital's derivative assets?
Applied Digital (APLD) reported derivative assets of $98.83M in Q4 2025.
What does derivative assets mean?
Fair value of derivative contracts (swaps, options, forwards, futures) in a net gain position — represents amounts owed to the firm by counterparties.

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