SuperworthApplied Digital shares outstanding APLD
Diluted shares outstanding, averaged over each quarter, from 2021.
- Latest quarter, to Aug 31, 2026
- 291.6M
- On a year earlier
- +13.9%
- more shares
Applied Digital had 291.6M diluted shares outstanding on average in Q1 FY27, the quarter to Aug 31, 2026.
That is 13.9% more than a year earlier, so each share owns a little less of the company.
Shares outstanding over time
Fiscal year by fiscal year
| Fiscal year | Shares, fourth quarter | Change |
|---|---|---|
| FY2026 | 285.7M | +27% |
| FY2025 | 224.3M | +80% |
| FY2024 | 124.7M | +31% |
| FY2023 | 95.3M | +24% |
| FY2022 | 76.6M | +4971% |
| FY2021 | 1.5M | n/a |
Each fiscal year is the twelve months to its fourth quarter, shown as the fourth quarter's average share count.
Quarter by quarter
| Quarter | Ended | Shares outstanding | On a year earlier |
|---|---|---|---|
| Q1 FY27 | 291.6M | +14% | |
| Q4 FY26 | 285.7M | +27% | |
| Q3 FY26 | 282M | +27% | |
| Q2 FY26 | 277.4M | +32% | |
| Q1 FY26 | 255.9M | +72% | |
| Q4 FY25 | 224.3M | +80% | |
| Q3 FY25 | 222.5M | +83% | |
| Q2 FY25 | 209.6M | +91% | |
| Q1 FY25 | 149.1M | +48% | |
| Q4 FY24 | 124.7M | +31% | |
| Q3 FY24 | 121.4M | +29% | |
| Q2 FY24 | 109.7M | +17% |
What the shares outstanding tells you
Diluted shares outstanding, averaged over the period. Fewer shares means each one owns more of the company.
A falling count usually means buybacks. A rising one means stock pay, acquisitions paid in shares or new shares sold.
More on Applied Digital
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.