Applied Digital annual return on equity
2022
2023
2024
2025
2026
Applied Digital Return on Equity (ROE) Growth & History (APLD)
Applied Digital's return on equity was −16.64% for fiscal 2026.
View full Applied Digital company overviewApplied Digital annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2026 | 2026-05-31 | −16.64% | +57.59 pp |
| 2025 | 2025-05-31 | −74.24% | +87.71 pp |
| 2024 | 2024-05-31 | −161.95% | −94.19 pp |
| 2023 | 2023-05-31 | −67.76% | −0.25 pp |
| 2022 | 2022-05-31 | −67.51% | — |
Applied Digital quarterly return on equity
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 | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q4 2026 | 2026-05-31 | −5.00% | +6.04 pp |
| Q3 2026 | 2026-02-28 | −4.66% | +3.34 pp |
| Q2 2026 | 2025-11-30 | −1.16% | +39.86 pp |
| Q1 2026 | 2025-08-31 | −2.20% | +0.12 pp |
| Q4 2025 | 2025-05-31 | −11.03% | +41.94 pp |
| Q3 2025 | 2025-02-28 | −8.00% | +37.85 pp |
| Q2 2025 | 2024-11-30 | −41.02% | −33.59 pp |
| Q1 2025 | 2024-08-31 | −2.32% | +9.91 pp |
| Q4 2024 | 2024-05-31 | −52.98% | −42.22 pp |
| Q3 2024 | 2024-02-29 | −45.84% | −34.54 pp |
| Q2 2024 | 2023-11-30 | −7.43% | +32.96 pp |
| Q1 2024 | 2023-08-31 | −12.22% | −5.78 pp |
| Q4 2023 | 2023-05-31 | −10.76% | −1.94 pp |
| Q3 2023 | 2023-02-28 | −11.30% | — |
| Q2 2023 | 2022-11-30 | −40.39% | — |
| Q1 2023 | 2022-08-31 | −6.45% | — |
| Q4 2022 | 2022-05-31 | −8.82% | — |
Applied Digital return on equity trends
Between the periods ended 2022-05-31 and 2026-05-31, Applied Digital's return on equity increased from −67.51% to −16.64%, a change of +50.87 percentage points. The latest reported quarter, Q4 2026, shows −5.00%.
About the metric
What return on equity (ROE) means
Return on equity (ROE) measures how much net income a company generates relative to shareholders’ equity. It can help evaluate how efficiently equity capital is used, but unusually high or negative values may reflect leverage, losses, or a small equity base.
Calculation and source
How return on equity is calculated
TickerStat calculates ROE as SEC-reported net income divided by average stockholders’ equity at the beginning and end of the fiscal period. Periods with missing or non-positive average equity are omitted. Quarterly ROE uses quarterly net income and is not annualized. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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