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Applied Digital APLD Long-Term Debt

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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:LongTermNotesPayable.

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
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)
Temporary equity

Item 8. Financial Statements and Supplementary Data

FAQ

What is Applied Digital's long-term debt?
Applied Digital (APLD) reported long-term debt of $4.96B in Q1 2026.
How has Applied Digital's long-term debt changed year-over-year?
Applied Digital's long-term debt increased by 631.7% year-over-year, from $677.83M to $4.96B.
What does long-term debt mean?
Bonds, term loans, notes payable, and other borrowings with maturities beyond one year — the primary long-term financing source.

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