Applied Digital Net Tangible Assets

Applied Digital posts a net tangible assets of $3.7B as of May 2026. That compares with $500M in the prior-year period — up 650.8% year over year. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.

In the prior comparable period, Applied Digital's net tangible assets was $500M. The latest reading is $3.7B — a 650.8% year-over-year increase (period ending May 2026). Use the history and growth charts on this page for a longer lookback.

Net Tangible Assets is one piece of Applied Digital's financial statement story. At $3.7B, it should be interpreted next to related metrics — for example revenue with costs, assets with liabilities, or income with margins. Stockcircle links those related pages so you can move from this number to the surrounding context quickly.

Context for APLD's net tangible assets usually means three checks: (1) trend versus prior periods, (2) level versus peers, and (3) consistency with growth and profitability. This page covers the first two; Applied Digital's other metric pages and overview cover the third.

Judging Applied Digital against Industrials peers is usually better than using a market-wide rule of thumb. Business models inside Industrials are more comparable, which makes gaps in net tangible assets easier to interpret. Start with $3.7B here, then scan peer and history charts to see if the gap is persistent.