Applied Digital Corporation (NASDAQ:APLD) — Market Cap & Net Worth
Market Cap & Net Worth: Applied Digital Corporation (APLD)
Applied Digital Corporation (NASDAQ:APLD) has a market capitalization of $7.31 Billion ($7.31 Billion) as of August 3, 2026. Listed on the NASDAQ stock exchange, this USA-based company holds position #2761 globally and #982 in its home market, demonstrating a -8.36% decrease in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Applied Digital Corporation's stock price $27.39 by its total outstanding shares 285769539 (285.77 Million). See Applied Digital Corporation capex to cash flow ratio to understand how much of operating cash flow is reinvested back into capital assets.
Applied Digital Corporation Market Cap History: 2015 to 2026
Applied Digital Corporation's market capitalization history from 2015 to 2026. Data shows growth from $29.15 Million to $7.83 Billion (67.93% CAGR).
Index Memberships
Applied Digital Corporation is a constituent of 1 market index:
| Index | Total Market Cap | Weight (%) | Rank by Market Cap |
|---|---|---|---|
|
NASDAQ Composite
IXIC
|
$40.26 Trillion | 0.02% | #311 of 3165 |
Weight: Applied Digital Corporation's market cap as a percentage of total index value. Rank: Position among all constituents by market cap.
Applied Digital Corporation Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Applied Digital Corporation's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.
Latest Price to Sales (P/S) Ratio
32.51x
Applied Digital Corporation's market cap is 32.51 times its annual revenue
Latest Price to Earnings (P/E) Ratio
N/A
P/E ratio not applicable due to negative or zero earnings
What These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2022 | $525.82 Million | $8.55 Million | -$23.52 Million | 61.51x | N/A |
| 2023 | $1.93 Billion | $55.39 Million | -$45.61 Million | 34.77x | N/A |
| 2024 | $2.19 Billion | $136.62 Million | -$149.27 Million | 16.00x | N/A |
| 2025 | $7.01 Billion | $215.51 Million | -$231.06 Million | 32.51x | N/A |
Competitor Companies of APLD by Market Capitalization
Companies near Applied Digital Corporation in the global market cap rankings as of August 3, 2026.
Key companies related to Applied Digital Corporation by market ranking:
- International Business Machines (NYSE:IBM): Ranked #92 globally with a market cap of $210.21 Billion USD.
- Accenture plc (NYSE:ACN): Ranked #243 globally with a market cap of $102.11 Billion USD.
- Tata Consultancy Services Limited (NSE:TCS): Ranked #280 globally with a market cap of $92.56 Billion USD ( Rs8.56 Trillion INR).
- Infosys Ltd ADR (NYSE:INFY): Ranked #507 globally with a market cap of $52.35 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #92 | International Business Machines | NYSE:IBM | $210.21 Billion | $223.65 |
| #243 | Accenture plc | NYSE:ACN | $102.11 Billion | $165.92 |
| #280 | Tata Consultancy Services Limited | NSE:TCS | $92.56 Billion | Rs2365.60 |
| #507 | Infosys Ltd ADR | NYSE:INFY | $52.35 Billion | $12.94 |
Applied Digital Corporation Historical Marketcap From 2015 to 2026
Between 2015 and today, Applied Digital Corporation's market cap moved from $29.15 Million to $ 7.83 Billion, with a yearly change of 67.93%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | $7.83 Billion | +11.70% |
| 2025 | $7.01 Billion | +220.52% |
| 2024 | $2.19 Billion | +13.50% |
| 2023 | $1.93 Billion | +266.30% |
| 2022 | $525.82 Million | -92.68% |
| 2021 | $7.18 Billion | +11803.41% |
| 2020 | $60.35 Million | +388.89% |
| 2019 | $12.35 Million | -34.55% |
| 2018 | $18.86 Million | +64.18% |
| 2017 | $11.49 Million | -33.00% |
| 2016 | $17.15 Million | -41.18% |
| 2015 | $29.15 Million | -- |
End of Day Market Cap According to Different Sources
On Aug 3rd, 2026 the market cap of Applied Digital Corporation was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $7.31 Billion USD |
| MoneyControl | $7.31 Billion USD |
| MarketWatch | $7.31 Billion USD |
| marketcap.company | $7.31 Billion USD |
| Reuters | $7.31 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About Applied Digital Corporation
Applied Digital Corporation designs, develops, and operates digital infrastructure solutions to high-performance computing (HPC) and artificial intelligence industries in North America. It operates through: Data Center Hosting Business, and HPC Hosting Business. The company offers infrastructure services to crypto mining customers; and GPU computing solutions for critical workloads related to AI,… Read more