Applied Digital Balance Sheet

Financials in millions USD. Fiscal year is June - May.

Millions USD. Fiscal year is Jun - May.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov '25 Nov 30, 2025	May '25 May 31, 2025	May '24 May 31, 2024	May '23 May 31, 2023	May '22 May 31, 2022	May '21 May 31, 2021
Cash & Equivalents	1,913	41.55	3.34	29	38.8	11.75
Cash & Short-Term Investments	1,913	41.55	3.34	29	38.8	11.75
Cash Growth	568.48%	1144.44%	-88.49%	-25.26%	230.20%	-
Accounts Receivable	13.35	3.04	3.85	0.08	0.23	-
Other Current Assets	790.54	386	396.96	16.59	1.34	0.01
Total Current Assets	2,717	430.59	404.14	45.67	40.36	11.76
Net Property, Plant & Equipment	2,004	1,259	339.37	213.74	70.67	0.02
Other Long-Term Assets	508.39	180.78	19.35	4.55	8.95	3.28
Total Assets	5,229	1,870	762.87	263.96	119.98	15.05
Accounts Payable	92.91	247.53	104.53	6.45	13.26	0.25
Accrued Expenses	207.45	29.55	24.7	9.96	-	0.12
Short-Term Debt	-	-	-	-	-	2.14
Current Portion of Long-Term Debt	12.56	10.33	45.92	7.95	1.33	-
Current Portion of Leases	2	14.33	5.89	6.04	1	-
Unearned Revenue	48.85	20.93	36.56	85.06	13.4	-
Other Current Liabilities	199.63	235.48	336.52	-	-	-
Total Current Liabilities	563.4	558.14	554.11	115.46	29	2.5
Long-Term Debt	2,594	677.83	79.47	68.48	5.9	-
Long-Term Leases	0.11	0.4	4.45	9.34	5.31	-
Other Long-Term Liabilities	-	-	-	1	0.54	-
Total Long-Term Liabilities	2,594	678.22	83.93	78.82	11.75	-
Total Liabilities	3,158	1,236	638.04	194.28	40.75	2.5
Preferred Stock	-	-	-	-	-	5.22
Common Stock	0.29	0.23	0.14	0.1	0.1	0
Treasury Stock	-52.74	-31.4	-0.06	-0.06	-0.06	-0.06
Additional Paid-in Capital	2,014	1,010	374.74	160.19	128.29	13.88
Retained Earnings	-512.38	-481.06	-249.99	-100.72	-56.07	-21.62
Total Common Shareholders' Equity	1,450	497.69	124.83	59.52	72.26	-2.58
Minority Interest	622.19	136.04	-	10.16	6.98	15.14
Shareholders' Equity	2,072	633.73	124.83	69.68	79.24	12.55
Total Liabilities & Equity	5,229	1,870	762.87	263.96	119.98	15.05
Total Debt	2,609	702.88	135.73	91.81	13.54	2.14
Net Cash (Debt)	-695.24	-661.33	-132.39	-62.81	25.25	9.62
Net Cash Growth	-	-	-	-	162.65%	-
Net Cash Per Share	-2.84	-3.29	-1.16	-0.67	0.44	6.36
Book Value	1,450	497.69	124.83	59.52	72.26	-2.58
Book Value Per Share	5.92	2.47	1.09	0.63	1.27	-1.71
Tangible Book Value	1,450	497.69	124.83	59.52	72.26	-2.58
Tangible Book Value Per Share	5.92	2.47	1.09	0.63	1.27	-1.71

Updated Nov 30, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q