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Applied Digital APLD Due to customer

Due to customer at other companies

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BlackbaudBLKB
$851.79M-2.6%
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NelnetNNI
-$212.09M-114%
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Gemini Space StationGEMI
$483.66M
Nelnet logo
NelnetNNI
$282.34M-4.1%
Mastercard logo
MastercardMA
$615M+165%
Blackbaud logo
BlackbaudBLKB
-$426.67M+4.9%

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$8.41B+127%
Enterprise value$11.95B+170%
P/S14.6×-1.6×

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 apld:IncreaseDecreaseInContractWithCustomerPayable.

The source filing: Applied Digital’s 10-K, filed July 29, 2026. Open the filing →

Filed
Jul 29, 2026, 4:07 PM EDT
Fiscal year
FY2026
Accession
0001144879-26-000048

FAQ

What is Applied Digital's due to customer?
Applied Digital (APLD) reported due to customer of $7.41M in Q1 2026.
What does due to customer mean?
This represents the change in liabilities related to customer contracts, such as deferred revenue or advance payments for services not yet rendered. It indicates the volume of business for which the company has received cash but has not yet fulfilled its performance obligations. This is a critical indicator of future revenue recognition and customer demand.

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