Applied Digital Corporation (APLD) — Cash Flow Reinvestment Rate

Latest as of February 2026: 8.19x

Applied Digital Corporation (APLD) has a Cash Flow Reinvestment Rate of 8.19x as of February 2026, reinvesting $801.49 Million (capex $801.49 Million ) from operating cash flow of $97.87 Million. See cash generation quality of Applied Digital Corporation to measure how efficiently the company converts operating cash flow to free cash.

Reinvestment Rate

8.19x
(Capex + Investments) / Operating CF

Total Reinvested

$801.49 Million
Capex + Investments

Operating Cash Flow

$97.87 Million
USD

Capital Expenditures

$801.49 Million
USD

Applied Digital Corporation Cash Flow Reinvestment Rate (2023–2024)

Historical reinvestment intensity for Applied Digital Corporation across 2 annual periods. For the full cash flow conversion analysis, see cash flow conversion of Applied Digital Corporation.

Annual Cash Flow Reinvestment Rate for Applied Digital Corporation (2023–2024)

Year-by-year capital reinvestment analysis for Applied Digital Corporation. See APLD financial flexibility index to measure the company's free cash flow as a share of total liabilities.

Year Reinvestment Rate Total Reinvested (USD) Operating CF Capex YoY Change
2024 22.78x $314.25 Million $13.79 Million $141.81 Million ▲ +913.0%
2023 2.25x $132.09 Million $58.73 Million $131.28 Million
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow