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Applied Digital APLD Operating Lease ROU Assets

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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:OperatingLeaseRightOfUseAsset.

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
Current assets held for sale19,841
Total current assets4,662,857132,800
Property and equipment, net4,236,3001,252,287
Operating lease right of use assets, net76,92292,335
Finance lease right of use assets, net122,523213,315
Other assets830,710179,353
TOTAL ASSETS$9,929,312$1,870,090
LIABILITIES, TEMPORARY EQUITY AND STOCKHOLDERS' EQUITY

Item 8. Financial Statements and Supplementary Data

FAQ

What is Applied Digital's operating lease ROU assets?
Applied Digital (APLD) reported operating lease ROU assets of $76.92M in Q1 2026.
How has Applied Digital's operating lease ROU assets changed year-over-year?
Applied Digital's operating lease ROU assets increased by 7912.7% year-over-year, from $960K to $76.92M.
What is the long-term trend for Applied Digital's operating lease ROU assets?
Over 4 years (2022 to 2026), Applied Digital's operating lease ROU assets has grown at a 188.5% compound annual growth rate (CAGR), from $1.11M to $76.92M.
What does operating lease ROU assets mean?
Right-of-use assets representing the lessee's right to use leased property over the lease term under ASC 842 operating lease classification.

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