Applied Digital EBITDA Growth & History (APLD)
Applied Digital's calculated EBITDA was −$169.1M for fiscal 2026.
View full Applied Digital company overviewApplied Digital annual ebitda history
2021
2022
2023
2024
2025
2026
| Fiscal year | Period ended | EBITDA | Change | Growth |
|---|---|---|---|---|
| 2026 | 2026-05-31 | −$169.1M | −$231.6M | — |
| 2025 | 2025-05-31 | $62.5M | $81.5M | — |
| 2024 | 2024-05-31 | −$19.0M | $16.8M | — |
| 2023 | 2023-05-31 | −$35.8M | −$16.0M | — |
| 2022 | 2022-05-31 | −$19.8M | −$19.4M | — |
| 2021 | 2021-05-31 | −$331,000 | — | — |
Applied Digital quarterly ebitda
Q3.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
Q3.26
Q4.26
| Fiscal quarter | Period ended | EBITDA | Change | YoY change |
|---|---|---|---|---|
| Q4 2026 | 2026-05-31 | −$63.7M | −$105.1M | — |
| Q3 2026 | 2026-02-28 | −$64.9M | −$64.7M | — |
| Q2 2026 | 2025-11-30 | −$22.4M | −$14.3M | — |
| Q1 2026 | 2025-08-31 | −$18.1M | −$47.6M | — |
| Q4 2025 | 2025-05-31 | $41.4M | $37.2M | +904.74% |
| Q3 2025 | 2025-02-28 | −$165,000 | $29.1M | — |
| Q2 2025 | 2024-11-30 | −$8.1M | −$13.6M | — |
| Q1 2025 | 2024-08-31 | $29.4M | $28.8M | +4470.81% |
| Q4 2024 | 2024-05-31 | $4.1M | $6.7M | — |
| Q3 2024 | 2024-02-29 | −$29.3M | −$24.2M | — |
| Q2 2024 | 2023-11-30 | $5.5M | $30.6M | — |
| Q1 2024 | 2023-08-31 | $644,000 | $3.7M | — |
| Q4 2023 | 2023-05-31 | −$2.6M | $649,000 | — |
| Q3 2023 | 2023-02-28 | −$5.1M | −$2.7M | — |
| Q2 2023 | 2022-11-30 | −$25.1M | −$23.9M | — |
| Q1 2023 | 2022-08-31 | −$3.0M | $10.0M | — |
| Q4 2022 | 2022-05-31 | −$3.2M | — | — |
| Q3 2022 | 2022-02-28 | −$2.3M | −$2.3M | — |
| Q2 2022 | 2021-11-30 | −$1.2M | — | — |
| Q1 2022 | 2021-08-31 | −$13.0M | — | — |
| Q3 2021 | 2021-02-28 | $0 | — | — |
Applied Digital ebitda trends
Over the last five fiscal years, Applied Digital's ebitda decreased from −$331,000 to −$169.1M, a change of −$168.7M. The latest reported quarter, Q4 2026, shows −$63.7M.
About the metric
What EBITDA means
EBITDA is a measure of operating performance before interest, taxes, depreciation, and amortization. It can help compare operating results, but it is not a substitute for cash flow or GAAP net income.
Calculation and source
How TickerStat calculates EBITDA
TickerStat calculates EBITDA as operating income plus reported depreciation and amortization for aligned fiscal periods. It is calculated data, not adjusted EBITDA or company guidance. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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