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Applied Digital APLD Operating Lease Liability - Undiscounted Excess Amount

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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$8.37B+125%
Enterprise value$11.9B+169%
P/S14.5×-1.7×

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:LesseeOperatingLeaseLiabilityUndiscountedExcessAmount.

The source filing: Applied Digital’s 10-Q, filed April 8, 2026.

Filed
Apr 8, 2026, 4:26 PM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q1 2026
Accession
0001144879-26-000030
Line itemOperating LeasesFinance LeasesTotal
FY2917,15217,152
FY303,5363,536
Thereafter
Total lease payments70,98576,988147,973
Less: imputed interest(7,833)(5,335)(13,168)
Total lease liabilities63,15271,653134,805
Less: Current portion of lease liability(18,101)(51,151)(69,252)
Long-term portion of lease liability$45,051$20,502$65,553

Item 1. Financial Statements

FAQ

What is Applied Digital's operating lease liability - undiscounted excess amount?
Applied Digital (APLD) reported operating lease liability - undiscounted excess amount of $7.83M in Q4 2025.
How has Applied Digital's operating lease liability - undiscounted excess amount changed year-over-year?
Applied Digital's operating lease liability - undiscounted excess amount decreased by 63.8% year-over-year, from $21.67M to $7.83M.
What does operating lease liability - undiscounted excess amount mean?
This represents the difference between the total undiscounted future lease payments and the present value of those payments recorded on the balance sheet. It effectively quantifies the interest component embedded within operating lease obligations. It is a measure of the financing cost inherent in the lease portfolio.

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