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Applied Digital Corporation (APLD)
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Applied Digital Corporation (APLD) Enterprise Value (EV): $12.43B

The enterprise value (EV) for Applied Digital Corporation (APLD) is $12.43B as of Thursday, June 11, 2026.

APLD Enterprise Value (EV) Metrics

ENTERPRISE VALUE (EV)

$12.43B

APLD Competitors' Enterprise Value (EV)

NAMEMARKET CAPENTERPRISE VALUE (EV)
Applied Digital Corporation (APLD)$11.85B$12.43B
Dynatrace, Inc. (DT)$11.79B$10.07B
Trimble Inc. (TRMB)$11.66B$19.73B
Unity Software Inc. (U)$11.64B$18.92B
Skyworks Solutions, Inc. (SWKS)$10.94B$11.95B
Zebra Technologies Corporation (ZBRA)$10.60B$15.03B
Juniper Networks, Inc. (JNPR)$13.36B$12.78B
FormFactor, Inc. (FORM)$10.15B$4.43B
PTC Inc. (PTC)$13.67B$25.55B
HubSpot, Inc. (HUBS)$9.58B$20.65B

Enterprise Value Calculation

Market Cap

$11.85B

+

Total Debt

$688.16M

Cash

$113.92M

=

Enterprise Value

$12.43B

EV-Based Valuation Multiples

Why use EV instead of Market Cap?

  • EV accounts for debt - an acquirer must pay or assume it
  • EV deducts cash - the acquirer effectively receives it
  • EV enables fair comparison of companies with different capital structures
  • EV-based ratios (EV/EBITDA, EV/Sales) are capital structure neutral

Applied Digital Corporation Enterprise Value (EV) Formula & Definition

Enterprise Value represents the total value of a company as if you were to acquire it completely - paying for equity while assuming debt and receiving cash.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Applied Digital Corporation Enterprise Value (EV) FAQ

What is the enterprise value (EV) for Applied Digital Corporation (APLD)?
The enterprise value (EV) for APLD stock is $12.43B.

About Applied Digital Corporation

Applied Digital Corporation (ADC) is a North American firm specializing in digital infrastructure and cloud-based solutions, primarily serving the high-performance computing (HPC) and artificial intelligence (AI) sectors. Its business is structured around three key segments: Data Center Hosting, Cloud Services, and dedicated HPC Hosting. ADC offers essential infrastructure support to cryptocurrency mining clients. Furthermore, it delivers robust GPU computing capabilities crucial for intensive AI, machine learning, and various other HPC workloads. The company also undertakes the comprehensive design, construction, and management of data centers specifically engineered to facilitate HPC applications. Formerly known as Applied Blockchain, Inc., the company officially adopted the name Applied Digital Corporation in November 2022. Its corporate headquarters are situated in Dallas, Texas.

Dallas, TX
150 employees
Technology / Information Technology Services
Sector
Technology
Industry
Information Technology Services
CEO
Wesley Cummins