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Applied Digital APLD Interest Expense

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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:InterestExpenseNonoperating.

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 itemFiscal Year Ended / May 31, 2026Fiscal Year Ended / May 31, 2025Fiscal Year Ended / May 31, 2024
Loss from legal settlement2,380
Total costs and expenses847,773300,744263,913
Operating loss(236,462)(72,175)(98,338)
Interest expense, net (3)29,51632,13927,517
Gain on change in fair value of derivatives(75,818)
Gain on change in fair value of investments(10,840)
Loss on conversion of debt33,612
Loss on change in fair value of debt85,4397,401

Item 8. Financial Statements and Supplementary Data

FAQ

What is Applied Digital's interest expense?
Applied Digital (APLD) reported interest expense of $10.63M in Q1 2026.
What is the long-term trend for Applied Digital's interest expense?
Over 3 years (2022 to 2026), Applied Digital's interest expense has grown at a 495.7% compound annual growth rate (CAGR), from $112K to $23.68M.
What does interest expense mean?
Cost of borrowing — interest paid or accrued on bonds, bank loans, credit facilities, finance leases, and other debt obligations.

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