Applied Digital annual gross margin
2022
2023
Applied Digital Gross Margin Growth & History (APLD)
Applied Digital's gross margin was 19.87% for fiscal 2023.
View full Applied Digital company overviewApplied Digital annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2023 | 2023-05-31 | 19.87% | +31.06 pp |
| 2022 | 2022-05-31 | −11.19% | — |
Applied Digital quarterly gross margin
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q4 2023 | 2023-05-31 | 27.63% | +26.43 pp |
| Q3 2023 | 2023-02-28 | 25.24% | +127.29 pp |
| Q2 2023 | 2022-11-30 | 4.28% | — |
| Q1 2023 | 2022-08-31 | 12.00% | — |
| Q4 2022 | 2022-05-31 | 1.20% | — |
| Q3 2022 | 2022-02-28 | −102.05% | — |
Applied Digital gross margin trends
Across the available reported history, Applied Digital's gross margin increased from −11.19% to 19.87%, a change of +31.06 percentage points. The latest reported quarter, Q4 2023, shows 27.63%.
About the metric
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
Calculation and source
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Applied Digital filings at SEC.gov ↗