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Recent SEC Filings
10/2NIKE, Inc.(NKE)10/2DARDEN RESTAURANTS INC(DRI)9/30CONAGRA BRANDS INC.(CAG)9/29Carnival Corp Ltd.(CCL)9/29URANIUM ENERGY CORP(UEC)9/29COPART INC(CPRT)9/24BLACKBERRY Ltd(BB)9/24PAYCHEX INC(PAYX)9/23GENERAL MILLS INC(GIS)9/22ADOBE INC.(ADBE)9/18KROGER CO(KR)10/2NIKE, Inc.(NKE)10/2DARDEN RESTAURANTS INC(DRI)9/30CONAGRA BRANDS INC.(CAG)9/29Carnival Corp Ltd.(CCL)9/29URANIUM ENERGY CORP(UEC)9/29COPART INC(CPRT)9/24BLACKBERRY Ltd(BB)9/24PAYCHEX INC(PAYX)9/23GENERAL MILLS INC(GIS)9/22ADOBE INC.(ADBE)9/18KROGER CO(KR)
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Balance Sheets Overview

Current Ratio
400.98%
Quick Ratio
400.98%
Cash Ratio
136.90%
Debt to Asset Ratio
62.30%
Unit: Thousand (K) dollars
Assets Breakdown
    • Property and equipment, net
    • Restricted cash
    • Cash and cash equivalents
    • Others
Liabilities Breakdown
    • Long-term debt
    • Additional paid in capital
    • Redeemable noncontrolling intere...
    • Others
Balance Sheets
2026-05-31
2025-05-31
2024-05-31
2023-05-31
Cash and cash equivalents
1,591,988
41,552
3,339
28,999
Funds for construction
-
41,026
-
-
Letters of credit
-
31,342
-
-
Restricted cash
2,381,027
-
21,349
-
Accounts receivable
56,309
3,043
3,847
82
Prepaid expenses and other current assets
613,692
9,430
1,343
16,678
Current assets held for sale
19,841
304,200
384
-
Total current assets
4,662,857
430,593
30,262
45,759
Property and equipment, net
4,236,300
1,275,841
340,381
195,593
Operating lease right of use assets, net
76,922
960
153,611
1,290
Finance lease right of use assets, net
122,523
17,820
218,683
14,303
Other assets
830,710
144,876
19,930
7,012
Total assets
9,929,312
1,870,090
762,867
263,957
Accounts payable
395,474
247,528
116,117
-
Accounts payable and accrued liabilities
-
-
-
14,776
Accrued liabilities
548,493
29,549
26,282
-
Current portion of operating lease liability
18,484
692
21,705
320
Current portion of finance lease liability
47,585
13,633
107,683
5,722
Current portion of debt
16,422
10,331
10,082
7,950
Customer deposits
16,752
-
-
36,370
Deferred revenue
4,666
-
-
48,692
Current portion of debt, at fair value
-
0
35,836
-
Customer deposits-Nonrelated Party
-
16,125
13,819
-
Customer deposits-Related Party
-
0
1,549
-
Deferred revenue-Nonrelated Party
-
0
37,674
-
Deferred revenue-Related Party
-
0
1,692
-
Current liabilities held for sale
7,426
216,047
-
-
Due to customer
10,065
4,807
13,002
-
Sales and use tax payable
-
-
-
1,630
Other current liabilities
97,489
19,432
96
-
Total current liabilities
1,162,856
558,144
385,537
115,460
Deferred tax liability
-
-
-
0
Long-term portion of operating lease liability
47,178
381
109,740
1,005
Long-term portion of finance lease liability
10,731
15
63,288
8,334
Long-term debt
-
677,825
79,472
33,222
Long-term debt-Related Party
-
-
0
35,257
Long-term debt
4,959,516
-
-
-
Other long-term liabilities
5,454
-
0
1,000
Total liabilities
6,185,735
1,236,365
638,037
194,278
Preferred stock-Series EPreferred Stock
6,306
6,932
-
-
Preferred stock-Series E1Preferred Stock
56,460
57,011
-
-
Preferred stock-Series GPreferred Stock
0
72,094
-
-
Redeemable noncontrolling interest
1,956,303
-
-
-
Common stock, 0.001 par value, 600,000,000 shares authorized, 295,048,903 shares issued and 287,883,603 shares outstanding at may31, 2026, and 234,200,868 shares issued and 224,909,669 shares outstanding at may31, 2025
296
230
144
101
Treasury stock, 5,001,728 shares at may31, 2023 and 36,296 shares at may31, 2022, at cost
-
-
-
62
Treasury stock, 7,165,300 shares at may31, 2026 and 9,291,199 shares at may31, 2025, at cost
52,737
31,400
62
-
Additional paid in capital
2,432,250
1,009,913
374,738
160,194
Accumulated deficit
-662,333
-481,055
-249,990
-100,716
Total stockholders equity attributable to applied digital corporation
1,717,476
497,688
124,830
59,517
Noncontrolling interest
7,032
-
0
10,162
Total stockholders' equity including noncontrolling interest
1,724,508
-
124,830
69,679
Total liabilities, temporary equity and stockholders' equity
9,929,312
1,870,090
762,867
263,957
Unit: Thousand (K) dollars (except for numbers of shares and EPS).

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets

APLD Balance Sheet Sankey DiagramSankey diagram visualizing APLD balance sheet for the periodRestricted cash$2,381,027K Cash and cashequivalents$1,591,988K (3731.31%↑ Y/Y)Prepaid expenses andother current assets$613,692K (6407.87%↑ Y/Y)Accounts receivable$56,309K (1750.44%↑ Y/Y)Current assets held forsale$19,841K (-93.48%↓ Y/Y)Total current assets$4,662,857K (982.89%↑ Y/Y)Property and equipment,net$4,236,300K (232.04%↑ Y/Y)Other assets$830,710K (473.39%↑ Y/Y)Finance lease right ofuse assets, net$122,523K (587.56%↑ Y/Y)Operating lease right ofuse assets, net$76,922K (7912.71%↑ Y/Y)Total assets$9,929,312K (430.95%↑ Y/Y)Total liabilities,temporary equity and...$9,929,312K (430.95%↑ Y/Y)Total liabilities$6,185,735K (400.32%↑ Y/Y)Redeemable noncontrollinginterest$1,956,303K Total stockholders'equity including...$1,724,508K Preferred stock-SeriesE1Preferred Stock$56,460K (-0.97%↓ Y/Y)Preferred stock-SeriesEPreferred Stock$6,306K (-9.03%↓ Y/Y)Long-term debt$4,959,516K (631.68%↑ Y/Y)Total currentliabilities$1,162,856K (108.34%↑ Y/Y)Long-term portion ofoperating lease liability$47,178K (12282.68%↑ Y/Y)Long-term portion offinance lease liability$10,731K (71440.00%↑ Y/Y)Other long-termliabilities$5,454K Total stockholdersequity attributable to...$1,717,476K (245.09%↑ Y/Y)Noncontrolling interest$7,032K Accumulated deficit-$662,333K (-37.68%↓ Y/Y)Treasury stock,7,165,300 shares at may31,...$52,737K (67.95%↑ Y/Y)Accrued liabilities$548,493K (1756.22%↑ Y/Y)Accounts payable$395,474K (59.77%↑ Y/Y)Other currentliabilities$97,489K (401.69%↑ Y/Y)Current portion offinance lease liability$47,585K (249.04%↑ Y/Y)Current portion ofoperating lease liability$18,484K (2571.10%↑ Y/Y)Customer deposits$16,752K Current portion of debt$16,422K (58.96%↑ Y/Y)Due to customer$10,065K (109.38%↑ Y/Y)Current liabilitiesheld for sale$7,426K (-96.56%↓ Y/Y)Deferred revenue$4,666K Additional paid in capital$2,432,250K (140.84%↑ Y/Y)Common stock, 0.001 parvalue, 600,000,000...$296K (28.70%↑ Y/Y)
APLD_BIG

Applied Digital Corp. (APLD)

APLD_BIG

Applied Digital Corp. (APLD)

🚨 Price Alert: The stock price dropped by 22.73% after the earning call.