Company / Capital Expenditures
Applied Digital Corp. Capital Expenditures History
FY2020-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Capital Expenditures
$681.6M
FY2024
5-year range
$55.0M / $681.6M
FY2020-FY2024
Trend
+380.6%
vs FY2023
Sector context
#20 of 295
Information Technology
What the data says
Capital Expenditures changed +381% YoY in FY2024, a notable deviation from the 4-year average annual change of +68824%.
Based on SEC 10-K filings.
$682M in FY2024 with a 3-year CAGR of +131.5%. Top quartile in the Information Technology sector.
Improved from $131M to $682M over the past 2 years.
Information Technology sector context is included.
Capital Expenditures over time
Growth rates
- 3-Year CAGR
- +131.5%
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Sector benchmark
Top 7% in Information TechnologyTop 7% of 295This company $681.6M Sector average $557.9M
▼
+22.2% above sector average
Key checks
Key Insights
- Applied Digital Corp.'s capital expenditures has grown for 4 consecutive years.
- 3-year CAGR of +131.5%, indicating consistent growth.
- In FY2024, capital expenditures increased 380.6% year-over-year.
- Ranks #20 out of 295 companies in the Information Technology sector.
Company context
Key Data Points
- Low Piotroski F-Score: 1/9 (multiple financial health concerns)
- Altman Z-Score -0.11 (distress zone, below 1.8 threshold)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Capital ExpendituresValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | $681.6M | +380.6% |
| FY2023 | $141.8M | +8.0% |
| FY2022 | $131.3M | +138.8% |
| FY2021 | $55.0M | +274770.0% |
| FY2020 | $20.0K | - |
As of FY2024 · SEC 10-K · Updated Mar 24, 2026