Applied Digital Corporation (APLD) Interest Expense
The interest expense for Applied Digital Corporation (APLD) is $17.86 Million with a year-over-year change of -4.20%. Interest expense is the cost a company incurs for borrowed funds, including interest on bonds, loans, and other forms of debt financing.
APLD Interest Expense Chart
Current Interest Expense
$17.86M
$17.86 Million
Year-over-Year Change
-4.20%
vs. $18.64M prior year
Historical Data
6
Years of data available
Annual Interest Expense History
| Year | Interest Expense | YoY Change | % Change |
|---|---|---|---|
| 2025 | $17.86M | $-783,000 | -4.20% |
| 2024 | $18.64M | +$16.66M | +841.36% |
| 2023 | $1.98M | +$1.87M | +1667.86% |
| 2022 | $112,000 | $-124,000 | -52.54% |
| 2021 | $236,000 | $-27,000 | -10.27% |
| 2020 | $263,000 | — | — |
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.
- Sector
- Technology
- Industry
- Information Technology Services
- CEO
- Wesley Cummins