APPLIED DIGITAL CORPORATION (APLD) Spending and interest coverage
- R&D / revenue · 12 months: Value (m); Formula and calculation Research and development expense / revenue. Period ending 2026-05-31..
- Stock-based compensation / revenue · 12 months: Value 36.01%; Formula and calculation Share-based compensation / revenue. Period ending 2026-05-31..
- Interest coverage · 12 months: Value (m); Formula and calculation Estimated: average term debt × dated USD coupon proxy + average commercial paper × matching-currency disclosed rate at or before period end. Swaps, foreign-exchange, lease interest and amortization are not quantified..
Spending and interest coverage
Overview →Financial period ending 2026-05-31; current quote (m). Amounts retain their stated periods and units.
| Metric | Value | Formula and calculation |
|---|---|---|
| R&D / revenue · 12 months | (m) | Research and development expense / revenue. Period ending 2026-05-31. Calculation unavailable: missing inputs remain (m). |
| Stock-based compensation / revenue · 12 months | 36.01% | Share-based compensation / revenue. Period ending 2026-05-31. $220.13M ÷ $611.31M × 100 ≈ 36.01% |
| Interest coverage · 12 months | (m) | Estimated: average term debt × dated USD coupon proxy + average commercial paper × matching-currency disclosed rate at or before period end. Swaps, foreign-exchange, lease interest and amortization are not quantified. Calculation unavailable: missing inputs remain (m). |
Calculation inputs
| Input | Amount with unit | Raw financial data |
|---|---|---|
| Research and development spending | (m) | |
| Revenue | 611.31M USD | Revenue from Contract with Customer, Excluding Assessed Tax |
| Stock-based compensation | 220.13M USD | Share-based Payment Arrangement, Noncash Expense |
| Operating income | -236.46M USD | Operating Income (Loss) |
| Interest expense · reported / estimated | (m) | Interest Expense · Estimated expense assumptions |
Latest interest expense basis: (m). Estimated values carry *; expand each history row’s basis for its dated balances and rate assumptions.
Calculated history
Changes compare with the next older row (previous quarter), unless explicitly labeled otherwise. Rolling 12-month growth compares two successive quarter-end rolling totals; it is not year-over-year growth.
| Period ending | Research and development spending (USD) | Revenue (USD) | Stock-based compensation (USD) | Operating income (USD) | Interest expense · reported / estimated (USD) | R&D / revenue | SBC / revenue | Interest coverage | Interest expense basis |
|---|---|---|---|---|---|---|---|---|---|
| 2026-05-31 | (m) | $611.31M | $220.13M | $-236.46M | (m) | (m) | 36.01% | (m) | (m) |
| 2026-02-28 | (m) | $319.26M | $107.21M | $-100.41M | (m) | (m) | 33.58% | (m) | (m) |
| 2025-11-30 | (m) | $263.99M | $66.75M | $-82.58M | (m) | (m) | 25.29% | (m) | (m) |
| 2025-08-31 | (m) | $173.56M | $41.09M | $-64.43M | (m) | (m) | 23.67% | (m) | (m) |
| 2025-05-31 | (m) | $144.19M | $22.70M | $-16.84M | (m) | (m) | 15.75% | (m) | (m) |
| 2025-02-28 | (m) | $221.19M | $13.96M | $-56.36M | (m) | (m) | 6.31% | (m) | (m) |
| 2024-11-30 | (m) | $211.62M | $7.46M | $-92.87M | (m) | (m) | 3.53% | (m) | (m) |
| 2024-08-31 | (m) | $189.96M | $8.80M | $-82.17M | (m) | (m) | 4.63% | (m) | (m) |
| 2024-05-31 | (m) | $165.57M | $17.36M | $-99.02M | $26.83M | (m) | 10.49% | -3.69× | Reported |
| 2024-02-29 | (m) | $143.91M | $18.83M | $-77.60M | $9.76M | (m) | 13.08% | -7.95× | Reported |
| 2023-11-30 | (m) | $114.66M | $20.11M | $-28.77M | $5.70M | (m) | 17.54% | -5.05× | Reported |
| 2023-08-31 | (m) | $84.79M | $37.13M | $-45.01M | $3.70M | (m) | 43.79% | -12.17× | Reported |
| 2023-05-31 | (m) | $55.39M | $32.07M | $-44.05M | $1.98M | (m) | 57.90% | -22.25× | Reported |
| 2023-02-28 | (m) | $40.88M | $26.88M | $-42.08M | $1.24M | (m) | 65.75% | -34.02× | Reported |
| 2022-11-30 | (m) | $27.81M | $22.40M | $-37.36M | $853.00K | (m) | 80.53% | -43.80× | Reported |
| 2022-08-31 | (m) | $15.47M | $579.00K | $-12.04M | $468.00K | (m) | 3.74% | -25.72× | Reported |
| 2022-05-31 | (m) | $8.55M | $12.34M | $-20.90M | $112.00K | (m) | 144.31% | -186.59× | Reported |
| 2022-02-28 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2021-11-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2021-08-31 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2021-05-31 | (m) | $0.00 | $0.00 | $-332.00K | $236.00K | (m) | (m) | -1.41× | Reported |
| 2021-02-28 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
(m) means missing inputs. Historical market-based ratios use the saved close on or immediately before period ending and that period’s reported shares; current quotes are not substituted. Five-year projections repeat historical CAGR, not analyst forecasts.
Similar stocks
| Stock Name | Country | Market Cap | PE Ratio |
|---|---|---|---|
| D-Wave Quantum Inc. (QBTS) | United States | $6.451B | -35.87 |
| PEGASYSTEMS INC (PEGA) | United States | $5.630B | 15.19 |
| FIRST ADVANTAGE CORP (FA) | United States | $3.422B | 123.17 |
| Infleqtion, Inc. (INFQ) | United States | $3.220B | |
| Five9, Inc. (FIVN) | United States | $2.739B | 26.77 |
| Liftoff Mobile, Inc. (LFTO) | United States | $2.699B | |
| INNODATA INC (INOD) | United States | $2.471B | 55.88 |
| LiveRamp Holdings, Inc. (RAMP) | United States | $2.280B | 14.52 |
| DXC Technology Co (DXC) | United States | $1.728B | 11.67 |
| EVERTEC, Inc. (EVTC) | $1.685B | 17.01 |