Applied Digital's Cash & cash equivalent grew by 85.3 % in the Q1 2026 sequentially, faster than Current Liabilities, this led to improvement in Applied Digital's Quick Ratio to 1.85, Quick Ratio remained below Applied Digital Corporation average.

Within Cloud Computing & Data Analytics industry 24 other companies have achieved higher Quick Ratio than Applied Digital in first quarter 2026. While Quick Ratio total ranking in the first quarter 2026 has deteriorated compared to the prior quarter from 1281 to 1567.

Explain Quick Ratio?
How much Cash & cash equivalents APLD�s has?
What are APLD�s Current Liabilities?

Select the Comparisons :

None ▼

Select the Ratio:

Quick Ratio ▼

None ▼

Quick Ratio ▼

Download as CSV

Commercial Data Licensing & OEM

Annual commercial subscriptions for corporate use, internal BI systems, management reporting, AI integration, and client-facing platforms

API & Data Feeds

Programmatic access to normalized fundamentals & ratios.

API endpoints for this dataset

https://api.csimarket.com/api/v1/companies/APLD/financial-strength

https://api.csimarket.com/api/v1/companies/APLD/fundamentals

https://api.csimarket.com/api/v1/companies/APLD/fundamentals?mode=as_of&as_of=YYYY-MM-DD

Programmatic access for models, analytics, and integration workflows.

Explore the Financial Data API

Financial API Point-in-Time Financial Fundamentals API API Server API Docs API Discovery

Connect Your AI Assistant

How to Connect Your AI Assistant to CSIMarket MCP MCP Server

Access this full dataset via API

Free sample Full docs All endpoints

APLD Quick Ratio	(Aug 31 2026) Q1	(May 31 2026) Q4	(Feb 28 2026) Q3	(Nov 30 2025) Q2	(Aug 31 2025) Q1
Y / Y Current Liabilities Change	61.67 %	Subscribe	Subscribe	Subscribe	Subscribe
Y / Y Cash & cash equivalent Change	3891.16 %	Subscribe	Subscribe	Subscribe	Subscribe
Quick Ratio MRQ	1.85	Subscribe	Subscribe	Subscribe	Subscribe
APLD's Total Ranking	# 1567	Subscribe	Subscribe	Subscribe	Subscribe
Seq. Current Liabilities Change	37.01 %	Subscribe	Subscribe	Subscribe	Subscribe
Seq. Cash & cash equivalent Change	85.3 %	Subscribe	Subscribe	Subscribe	Subscribe

Quick Ratio first quarter 2026 Company Ranking
Within:	No.
Cloud Computing & Data Analytics Industry	# 25
Technology Sector	# 187
Overall Market	# 1469

Quick Ratio Statistics
High	Average	Low
32.28	2.38	0.01
(May 31 2021)		(May 31 2024)

Financial Statements
Applied Digital's Current Liabilities	$ 1,593 Millions	Visit APLD's Balance sheet
Applied Digital's Cash & cash equivalent	$ 2,950 Millions	Visit APLD's Balance sheet
Source of APLD's Sales		Visit APLD's Sales by Geography

Cumulative Applied Digital's Quick Ratio

APLD's Quick Ratio for the trailling 12 Months

APLD Quick Ratio	(Aug 31 2026) 12 Months	(May 31 2026) 12 Months	(Feb 28 2026) 12 Months	(Nov 30 2025) 12 Months	(Aug 31 2025) 12 Months
Y / Y Current Liabilities TTM Growth	101.8 %	Subscribe	Subscribe	Subscribe	Subscribe
Y / Y Cash & cash equivalent TTM Growth	1631.19 %	Subscribe	Subscribe	Subscribe	Subscribe
Quick Ratio TTM	1.89	Subscribe	Subscribe	Subscribe	Subscribe
Total Ranking TTM	# 3886	Subscribe	Subscribe	Subscribe	Subscribe
Seq. Current Liabilities TTM Growth	16.29 %	Subscribe	Subscribe	Subscribe	Subscribe
Seq. Cash & cash equivalent TTM Growth	54.16 %	Subscribe	Subscribe	Subscribe	Subscribe

Quick ratio ranking by company, industry and sector >> Back to APLD Financial Strength Comparisons >> Go to Compare APLD Quick Ratio to its Competitors

On the trailing twelve months basis APLD Cash & cash equivalent more than doubled by 3891.16 % in Q1 2026 year on year, faster than Current Liabilities, this led to increase in in Applied Digital's Quick Ratio to 1.89, above APLD average Quick Ratio.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Cloud Computing & Data Analytics industry 114 other companies have achieved higher Quick Ratio than Applied Digital. While Quick Ratio overall ranking has improved so far to 3886, from total ranking during the twelve months ending fourth quarter 2026 at 3953.

Explain Quick Ratio?
How much Cash & cash equivalents APLD�s has?
What are APLD�s Current Liabilities?

TTM Quick Ratio Company Ranking
Within:	No.
Within the Cloud Computing & Data Analytics Industry	# 115
Technology Sector	# 607
Within the Market	# 3886

trailing twelve months Quick Ratio Statistics
High	Average	Low
1.46	0.26	0.04
(Aug 31 2026)

Companies with similar Quick Ratio in the quarter ending Aug 31 2026, within Cloud Computing & Data Analytics Industry	Quick Ratio	Aug 31 2026 MRQ Cash & cash equivalent	Aug 31 2026 MRQ Current Liabilities
Doximity Inc	4.94	$ 714.788 Millions	$ 144.594 Millions
Five9 Inc	4.40	$ 1,133.795 Millions	$ 257.912 Millions
Kodiak Ai Inc	3.37	$ 113.644 Millions	$ 33.687 Millions
Life360 Inc	2.89	$ 333.224 Millions	$ 115.310 Millions
Innodata inc	2.00	$ 163.967 Millions	$ 81.964 Millions
Applied Digital Corporation	1.85	$ 2,949.909 Millions	$ 1,593.232 Millions
Toast Inc	1.78	$ 1,883.000 Millions	$ 1,060.000 Millions
Smartrent Inc	1.64	$ 89.215 Millions	$ 54.310 Millions
Upwork Inc	1.55	$ 390.863 Millions	$ 252.287 Millions
Cargurus Inc	1.53	$ 164.910 Millions	$ 107.568 Millions
Verisign Inc	1.39	$ 609.500 Millions	$ 437.400 Millions
Telos Corporation	1.33	$ 51.761 Millions	$ 38.980 Millions
Aurora Innovation Inc	1.29	$ 142.000 Millions	$ 110.000 Millions
Agilysys Inc	1.27	$ 137.558 Millions	$ 108.402 Millions
Netscout Systems Inc	1.22	$ 516.723 Millions	$ 422.733 Millions
Epam Systems Inc	1.14	$ 965.173 Millions	$ 844.039 Millions
Waystar Holding Corp	1.13	$ 277.640 Millions	$ 245.172 Millions
Taskus Inc	1.11	$ 189.690 Millions	$ 170.676 Millions
Ccc Intelligent Solutions Holdings Inc	0.97	$ 202.926 Millions	$ 208.437 Millions
First Advantage Corporation	0.94	$ 240.902 Millions	$ 256.208 Millions
Nerdwallet Inc	0.88	$ 73.500 Millions	$ 83.300 Millions
Playtika Holding Corp	0.85	$ 594.600 Millions	$ 697.800 Millions
GOLD ROCK HOLDINGS, INC.	0.81	$ 0.119 Millions	$ 0.146 Millions
Evertec Inc	0.76	$ 284.104 Millions	$ 375.655 Millions
Hashicorp Inc	0.69	$ 514.310 Millions	$ 749.010 Millions
Compass Inc	0.63	$ 841.000 Millions	$ 1,345.000 Millions
Rigetti Computing Inc	0.60	$ 45.799 Millions	$ 76.817 Millions
Cars com Inc	0.59	$ 64.553 Millions	$ 110.208 Millions
Ionq Inc	0.58	$ 209.454 Millions	$ 362.989 Millions
Legalzoom com Inc	0.57	$ 181.702 Millions	$ 318.138 Millions

Date modified: 2026-10-08T04:22:54+00:00

Help

About us

Products

Data downloads

API

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research.

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com

Disclaimer: Information provided by CSIMarket.com is for informational purposes only and does not constitute investment advice, recommendation, or solicitation to buy or sell any security.