Applied Digital Corporation Free Cash Flow Generation Index

Latest as of February 2026: 9.19x

Applied Digital Corporation free cash flow generation index. Applied Digital Corporation (APLD) has a Free Cash Flow Generation Index of 9.19x as of February 2026. Free cash flow of $899.36 Million represents 9% of operating cash flow ($97.87 Million).

FCF Generation Index

9.19x
Free Cash Flow / Operating CF

Free Cash Flow

$899.36 Million
USD

Operating Cash Flow

$97.87 Million
USD

Capital Expenditures

$801.49 Million
USD

Free Cash Flow Generation Index of Applied Digital Corporation (2023–2024)

Free cash flow generation index of Applied Digital Corporation from 2023 to 2024. Historical FCF Generation Index trend for Applied Digital Corporation across 2 annual periods. See Applied Digital Corporation free cash flow to debt ratio to measure the company's free cash flow as a share of total liabilities.

Applied Digital Corporation Free Cash Flow Generation Index by Year (2023–2024)

Applied Digital Corporation free cash flow generation index by year from 2023 to 2024. Year-by-year Free Cash Flow Generation Index for Applied Digital Corporation. For the full cash flow conversion analysis, see Applied Digital Corporation (APLD) cash flow conversion.

Year FCG Index Free Cash Flow (USD) Operating CF Capital Expenditures YoY Change
2024 -9.28x $-128.01 Million $13.79 Million $141.81 Million ▼ -651.4%
2023 -1.24x $-72.54 Million $58.73 Million $131.28 Million —
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).