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Applied Digital APLD Operating 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$8.31B+115%
Enterprise value$11.85B+158%
P/S14.4×-2.5×

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:OperatingLeaseLiabilityNoncurrent.

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
Due to customer10,0654,807
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

Item 8. Financial Statements and Supplementary Data

FAQ

What is Applied Digital's operating lease liabilities?
Applied Digital (APLD) reported operating lease liabilities of $47.18M in Q1 2026.
How has Applied Digital's operating lease liabilities changed year-over-year?
Applied Digital's operating lease liabilities decreased by 19.8% year-over-year, from $58.8M to $47.18M.
What is the long-term trend for Applied Digital's operating lease liabilities?
Over 4 years (2022 to 2026), Applied Digital's operating lease liabilities has grown at a 166.5% compound annual growth rate (CAGR), from $936K to $47.18M.
What does operating lease liabilities mean?
Long-term portion of operating lease obligations extending beyond one year, representing committed future rent payments.

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