As of Q2'26 (2025-11-30), APLD's latest Operating ROA stands at -0.33%, with ROE at -1.13% and ROIC at -0.66%. These figures indicate that the company remains in negative territory across all key return metrics, though the magnitude of losses has narrowed compared to earlier periods. From Q3'23 to Q2'26, the chart reveals a volatile but generally improving trend in APLD's profitability ratios. After significant declines reaching troughs in Q3'24 (ROA: -9.77%, ROE: -53.03%, ROIC: -14.16%), all three metrics rebounded notably by Q1'25, with ROA and ROIC briefly turning nearly flat or slightly positive. However, subsequent quarters saw continued fluctuations, though the overall negative values have moderated, suggesting gradual stabilization in operational performance over the observed period.