Applied Digital profit margin APLD
Gross, operating and net profit as a share of revenue over the last twelve months, from 2022.
- Net margin, 12 months
- −41.2%
- Operating margin, 12 months
- −35.6%
- Peer median
- 16.9%
Over the twelve months to Aug 31, 2026, Applied Digital kept −41.2% of its revenue as net profit, with an operating margin of −35.6% and a gross margin of 32.0%.
The median for 10 application software stocks of a similar size is 16.9%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2026 | −31.1% | −42.4% | 33.6% |
| FY2025 | n/a | n/a | n/a |
| FY2024 | −90.2% | −59.4% | 10.4% |
| FY2023 | −80.6% | −79.5% | 19.9% |
| FY2022 | n/a | n/a | −11.2% |
| FY2021 | n/a | n/a | n/a |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q1 FY27 | −41.2% | n/a | −35.6% | |
| Q4 FY26 | −31.1% | n/a | −42.4% | |
| Q3 FY26 | n/a | n/a | n/a | |
| Q2 FY26 | n/a | n/a | n/a | |
| Q1 FY26 | n/a | n/a | n/a | |
| Q4 FY25 | n/a | n/a | n/a | |
| Q3 FY25 | n/a | n/a | −20.3% | |
| Q2 FY25 | n/a | n/a | −44.6% | |
| Q1 FY25 | −86.6% | −25.7 pts | −40.0% | |
| Q4 FY24 | −90.2% | −9.6 pts | −59.4% | |
| Q3 FY24 | −63.4% | n/a | −53.4% | |
| Q2 FY24 | −30.9% | n/a | −24.8% |
Against its peers
Companies in Software - Application nearest Applied Digital's size, closest first, today.
| Company | Profit margin |
|---|---|
| APLDApplied Digital | −41.2% |
| PEGAPegasystems | 18.7% |
| TTDTrade Desk | 13.6% |
| RNGRingCentral | 4.3% |
| LIFLife360 | 25.7% |
| FAFirst Advantage | 1.5% |
| HNGEHinge Health | 15.1% |
| MGNIMagnite | 22.5% |
| MTCHMatch | 20.2% |
| ESTCElastic | 20.8% |
| FIVNFive9 | 4.9% |
| Peer median | 16.9% |
Where Applied Digital ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Applied Digital
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.