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Applied Digital APLD Finance Lease Liabilities

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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$8.6B+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:FinanceLeaseLiabilityNoncurrent.

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
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
Other long-term liabilities5,454
Total liabilities6,185,7351,236,365
Commitments and contingencies (Note 18)

Item 8. Financial Statements and Supplementary Data

FAQ

What is Applied Digital's finance lease liabilities?
Applied Digital (APLD) reported finance lease liabilities of $10.73M in Q1 2026.
How has Applied Digital's finance lease liabilities changed year-over-year?
Applied Digital's finance lease liabilities increased by 71440.0% year-over-year, from $15K to $10.73M.
What is the long-term trend for Applied Digital's finance lease liabilities?
Over 4 years (2022 to 2026), Applied Digital's finance lease liabilities has grown at a 25.2% compound annual growth rate (CAGR), from $4.37M to $10.73M.
What does finance lease liabilities mean?
Present value of future payments on leases classified as finance leases under ASC 842 — treated similarly to debt on the balance sheet.

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