Applied Digital Corporation (APLD) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Cash from Operations | 55.01M | -15.85M | -82.02M | 6.86M | 5.9M | -52.26M | -75.89M | -34.1M | 36.28M | 4.54M | 4.52M | 4.59M | 26.16M | 10.69M | 17.29M | -4.99M | 1.89M | 3.77M | -1.44M | -83K |
| Operating CF Margin % | 43.44% | -12.52% | -127.73% | 18.03% | 11.14% | -81.83% | -125.02% | -231.29% | 83.7% | 10.75% | 12.44% | 20.83% | 185.7% | 86.59% | 249.77% | -66.26% | 184.6% | - | - | - |
| Operating CF Growth % | 832.81% | 69.68% | -8.08% | 120.1% | -83.75% | -1251.95% | -1780.1% | -842.8% | 38.67% | -57.54% | -73.88% | 192.1% | 1281.47% | 183.5% | 1305.16% | -5906.02% | - | - | - | - |
| Net Income | -67.5M | -17.51M | -16.93M | -52.54M | -35.55M | -138.73M | -4.25M | -64.45M | -62.84M | -10.53M | -11.85M | -6.86M | -7.34M | -26.75M | -4.66M | -4.64M | -1.89M | -1.61M | -14.34M | -345K |
| Depreciation & Amortization | 20.81M | 8.59M | 4.15M | 18.41M | 18.78M | 26.45M | 34.32M | 66.46M | 26.38M | 13.42M | 7.86M | 2.64M | -124K | 1.57M | 1.14M | 970K | 68K | 174K | 3K | 1K |
| Stock-Based Compensation | 50.15M | 29.13M | 15.46M | 12.47M | 9.69M | 3.46M | -2.92M | 3.73M | 3.19M | 4.8M | 5.64M | 5.19M | 4.48M | 21.82M | 579K | 0 | 0 | 0 | 12.34M | 0 |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -260K | 0 | -312K | 32K | 266K | 60K | 214K | 0 | 0 |
| Other Non-Cash Items | 112.74M | -45K | 11.98M | 6.17M | 25.22M | 120.34M | -7.33M | -7.98M | 28.71M | 2.51M | 5.06M | 181K | 2.3M | 0 | 94K | -11.19M | 69K | 230K | 1.74M | 236K |
| Working Capital Changes | -61.2M | -36M | -96.7M | 22.35M | -12.24M | -63.78M | -95.71M | -31.86M | 40.84M | -5.66M | -2.19M | 3.7M | 26.85M | 14.36M | 20.11M | 9.61M | 3.59M | 4.76M | -1.18M | 25K |
| Change in Receivables | 1.62M | 13.98M | -29.52M | 7.79M | -2.26M | -10.02M | 1.55M | -3.62M | 82K | -280K | 55K | 0 | 194K | -226K | 177K | 811K | 12K | 0 | 0 | 0 |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | -12.58M | -81.22M | -77.78M | 10.12M | -5.53M | -5.31M | -77.54M | -13.62M | 49.02M | 6.24M | 205K | 3.75M | -3.17M | -7.04M | 196K | 0 | -775K | 0 | 0 | 0 |
| Cash from Investing | -437.91M | -68.39M | -249.42M | -201.98M | -258.14M | -174.93M | -32.61M | -49.92M | -54.35M | -25.07M | -40.54M | -35.77M | -26.01M | -38.63M | -31.67M | -10.28M | -3.98M | -20.32M | -11.29M | -3.3M |
| Capital Expenditures | 801.49M | -552.07M | -249.42M | -198.26M | -257.49M | -171.05M | -54.8M | -54.81M | -38.61M | -13.24M | -32.59M | -35.06M | -25.91M | -38.63M | -31.67M | -26.79M | 5.36M | -22.26M | -11.29M | -3.3M |
| CapEx % of Revenue | 632.9% | 436.11% | 388.41% | 521.57% | 486.56% | 267.82% | 90.27% | 371.76% | 89.07% | 31.37% | 89.73% | 159.11% | 183.88% | 313.06% | 457.44% | 356.16% | 522.81% | - | - | - |
| Acquisitions | -500.68M | 500.68M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | -755.72M | 0 | 0 | -1.34M | 430K | -2.46M | 22.19M | 4.89M | -15.74M | -11.83M | -7.56M | 0 | 0 | 0 | 0 | 16.51M | -9.34M | 1.93M | 0 | 0 |
| Cash from Financing | 194.81M | 2.27B | 322.24M | 57.22M | 198.89M | 455.22M | 163.37M | 74.73M | 24.42M | 23.95M | 23.66M | 51.84M | 4.69M | 5.19M | 8.91M | 49.61M | -3K | 1.67M | 29.9M | 15.13M |
| Debt Issued (Net) | 55.88M | 1.87B | -2.35B | -33M | 171.98M | 468.45M | 73.06M | 65.74M | 1.94M | -9.49M | -40.82M | 53.67M | 2.32M | 5.47M | 7.3M | 7.01M | -2K | 0 | 0 | 0 |
| Equity Issued (Net) | 149.86M | 405.32M | 196.37M | 92.77M | 30.42M | 135.02M | 92.32M | 9.85M | 23.08M | 33.67M | 64.48M | -54K | -71K | -43K | 0 | 40M | 0 | 1.9M | 32.6M | 16.5M |
| Dividends Paid | -1.56M | -1.57M | -1.58M | -1.4M | -541K | -628K | -44K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | -68K | -500K | -225K | 0 | 0 | -31.34M | 0 | 0 | 0 | 0 | 0 | -54K | -71K | -43K | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | -9.37M | -10.97M | 2.48B | -1.15M | -2.97M | -147.62M | -1.97M | -859K | -607K | -234K | 0 | -1.78M | 2.44M | -238K | 1.61M | 2.6M | -1K | -228K | -2.7M | -1.36M |
| Net Change in Cash | -189.69M | 2B | 184K | -140.3M | -53.35M | 228.02M | 54.87M | -9.29M | 6.35M | 3.42M | -12.36M | 20.65M | 4.85M | -22.76M | -5.47M | 34.34M | -2.08M | -14.88M | 17.18M | 11.75M |
| Free Cash Flow | -720.2M | -567.91M | -331.44M | -191.41M | -251.6M | -223.31M | -130.69M | -88.92M | -2.33M | -8.7M | -28.07M | -30.47M | 256K | -27.95M | -14.38M | -31.78M | 7.26M | -18.49M | -12.72M | -3.38M |
| FCF Margin % | -568.71% | -448.63% | -516.14% | -503.53% | -475.42% | -349.65% | -215.29% | -603.06% | -5.36% | -20.61% | -77.29% | -138.27% | 1.82% | -226.47% | -207.67% | -422.42% | 707.41% | - | - | - |
| FCF Growth % | -186.25% | -154.31% | -153.61% | -115.27% | -10721.33% | -2466.82% | -365.51% | -191.78% | -1008.2% | 68.87% | -95.24% | 4.11% | -96.47% | -51.17% | -13.02% | -838.82% | - | - | - | - |
| FCF per Share | -2.65 | -2.13 | -1.30 | -0.95 | -1.13 | -1.07 | -0.88 | -0.78 | -0.02 | -0.08 | -0.28 | -0.32 | 0.00 | -0.30 | -0.15 | -0.56 | 0.14 | -0.35 | -0.28 | -0.38 |
| FCF Conversion (FCF/Net Income) | -0.55x | 0.90x | 4.85x | -0.13x | -0.17x | 0.38x | 17.87x | 0.53x | -0.58x | -0.43x | -0.39x | -0.71x | -3.72x | -0.40x | -3.82x | 1.78x | -0.29x | -22.04x | 0.10x | 0.24x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 351K | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |