Applied Digital annual gross profit
2021
2022
2023
2024
2025
2026
Applied Digital Gross Profit Growth & History (APLD)
Applied Digital's gross profit was $214.5M for fiscal 2026.
View full Applied Digital company overviewApplied Digital annual gross profit history
| Fiscal year | Period ended | Gross profit | Change | Growth |
|---|---|---|---|---|
| 2026 | 2026-05-31 | $214.5M | $287.0M | — |
| 2025 | 2025-05-31 | −$72.6M | −$60.8M | — |
| 2024 | 2024-05-31 | −$11.7M | −$22.7M | — |
| 2023 | 2023-05-31 | $11.0M | $12.0M | — |
| 2022 | 2022-05-31 | −$957,000 | −$957,000 | — |
| 2021 | 2021-05-31 | $0 | — | — |
Applied Digital quarterly gross profit
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 | Gross profit | Change | YoY change |
|---|---|---|---|---|
| Q4 2026 | 2026-05-31 | $126.0M | $228.0M | — |
| Q3 2026 | 2026-02-28 | $53.8M | $50.0M | +1323.41% |
| Q2 2026 | 2025-11-30 | $26.0M | $12.5M | +92.83% |
| Q1 2026 | 2025-08-31 | $8.6M | −$3.5M | −28.88% |
| Q4 2025 | 2025-05-31 | −$102.0M | −$70.4M | — |
| Q3 2025 | 2025-02-28 | $3.8M | $7.5M | — |
| Q2 2025 | 2024-11-30 | $13.5M | $1.1M | +8.59% |
| Q1 2025 | 2024-08-31 | $12.1M | $1.0M | +9.04% |
| Q4 2024 | 2024-05-31 | −$31.5M | −$37.6M | — |
| Q3 2024 | 2024-02-29 | −$3.7M | −$7.3M | — |
| Q2 2024 | 2023-11-30 | $12.4M | $11.9M | +2254.92% |
| Q1 2024 | 2023-08-31 | $11.1M | $10.3M | +1235.98% |
| Q4 2023 | 2023-05-31 | $6.1M | $6.0M | +6664.44% |
| Q3 2023 | 2023-02-28 | $3.6M | $4.6M | — |
| Q2 2023 | 2022-11-30 | $528,000 | $528,000 | — |
| Q1 2023 | 2022-08-31 | $831,000 | $831,000 | — |
| Q4 2022 | 2022-05-31 | $90,000 | — | — |
| Q3 2022 | 2022-02-28 | −$1.0M | −$1.0M | — |
| Q2 2022 | 2021-11-30 | $0 | — | — |
| Q1 2022 | 2021-08-31 | $0 | — | — |
| Q3 2021 | 2021-02-28 | $0 | — | — |
Applied Digital gross profit trends
Over the last five fiscal years, Applied Digital's gross profit increased from $0 to $214.5M, a change of $214.5M. The latest reported quarter, Q4 2026, shows $126.0M.
About the metric
What gross profit means
Gross profit is the amount of revenue remaining after the direct costs of producing and delivering a company’s goods or services. It helps show the dollars available to cover operating expenses before operating income, interest, and taxes.
Calculation and source
SEC-reported and calculated gross profit
TickerStat uses gross profit reported in company SEC filings when available. Otherwise, it calculates gross profit as SEC-reported revenue minus aligned cost of revenue for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Applied Digital source filings ↗