Applied Digital Corp. (APLD)

Stock NASDAQ

$14.17

-2.44 (-14.69%)

Delayed quote.

Price history

Daily close
APLD daily closing price, Nov 6, 2025 to Nov 5, 2026 Closed at $31.08 on Nov 6, 2025 and $14.17 on Nov 5, 2026, a change of -54.41%. Range $14.17 to $49.65.
Daily closes, Nov 6, 2025 to Nov 5, 2026 (251 trading days).
Start
$31.08
Latest close
$14.17
Period change
-54.41%
Period low
$14.17
Period high
$49.65

Key metrics

Market cap
$4.28B
Volume
49.49M
Average volume
20.36M
52-week range
$13.12 – $50.73
Beta
5.59
Last dividend
—
EPS (TTM)
-$1.64
P/E ratio
-52.68
Revenue (TTM)
$853.85M
Net income (TTM)
-$462.38M
Total assets
$11.71B
Total debt
$6.48B
Cash and equivalents
$2.95B

Key financials (trailing twelve months).

Company profile

Applied Digital Corporation designs, develops, and operates digital infrastructure solutions to high-performance computing (HPC) and artificial intelligence industries in North America. It operates through: Data Center Hosting Business, and HPC Hosting Business. The company offers infrastructure services to crypto mining customers; and GPU computing solutions for critical workloads related to AI, machine learning, and other HPC tasks. It also engages in the designing, constructing, and managing of data centers to support HPC applications. The company was formerly known as Applied Blockchain, Inc. and changed its name to Applied Digital Corporation in November 2022. Applied Digital Corporation has an lease agreement with CoreWeave for an additional 150MW at its Polaris Forge 1 Campus in Ellendale, North Dakota. Applied Digital Corporation is based in Dallas, Texas.

Sector
Technology
Industry
Information Technology Services
Exchange
NASDAQ
CEO
Wes Cummins
Employees
256
Headquarters
Dallas, TX, US
IPO date
2022-04-13

Financial statements

Annual, last 3 fiscal years. Most recent period first. Reported in USD.

Income statement
MetricFY2026May 31, 2026FY2025May 31, 2025FY2024May 31, 2024
Revenue$611.31M$228.57M$136.62M
Gross profit$157.68M$11.81M$29.96M
Operating income-$236.36M-$72.17M-$15.05M
EBITDA-$84.63M-$97.76M$23.72M
Net income-$244.00M-$231.06M-$149.27M
Diluted EPS-$0.91-$1.16-$1.31
Balance sheet
MetricFY2026May 31, 2026FY2025May 31, 2025FY2024May 31, 2024
Cash and equivalents$1.59B$113.92M$3.34M
Total assets$9.93B$1.87B$762.87M
Total liabilities$6.19B$1.24B$638.04M
Total debt$5.10B$702.88M$135.73M
Shareholders’ equity$1.78B$633.73M$124.83M
Cash flow statement
MetricFY2026May 31, 2026FY2025May 31, 2025FY2024May 31, 2024
Operating cash flow$89.69M-$115.40M$13.79M
Capital expenditure-$2.87B-$681.60M-$141.81M
Free cash flow-$2.78B-$797.00M-$128.01M

Quarterly, last 6 quarters. Most recent period first. Reported in USD.

Income statement
MetricQ1 2027Aug 31, 2026Q4 2026May 31, 2026Q3 2026Feb 28, 2026Q2 2026Nov 30, 2025Q1 2026Aug 31, 2025Q4 2025May 31, 2025
Revenue$341.88M$258.75M$126.64M$126.59M$64.22M$51.08M
Gross profit$52.30M$40.52M$53.80M$26.04M$8.61M-$3.12M
Operating income-$62.38M-$117.05M-$25.92M-$30.96M-$20.54M-$44.10M
EBITDA-$46.82M-$83.21M-$5.11M-$6.48M-$18.14M-$25.70M
Net income-$235.54M-$110.02M-$99.30M-$17.51M-$16.93M-$52.54M
Diluted EPS-$0.82-$0.39-$0.36-$0.07-$0.07-$0.24
Balance sheet
MetricQ1 2027Aug 31, 2026Q4 2026May 31, 2026Q3 2026Feb 28, 2026Q2 2026Nov 30, 2025Q1 2026Aug 31, 2025Q4 2025May 31, 2025
Cash and equivalents$2.95B$1.59B$1.73B$1.91B$73.91M$41.55M
Total assets$11.71B$9.93B$6.25B$5.23B$2.40B$1.87B
Total liabilities$7.91B$6.19B$3.68B$3.26B$1.35B$1.24B
Total debt$6.48B$5.10B$2.83B$2.61B$700.21M$702.88M
Shareholders’ equity$1.78B$1.78B$1.58B$1.45B$1.04B$633.73M
Cash flow statement
MetricQ1 2027Aug 31, 2026Q4 2026May 31, 2026Q3 2026Feb 28, 2026Q2 2026Nov 30, 2025Q1 2026Aug 31, 2025Q4 2025May 31, 2025
Operating cash flow$63.92M$132.54M$55.01M-$15.85M-$82.02M$6.86M
Capital expenditure-$2.07B-$1.29B-$775.21M-$552.07M-$249.42M-$198.26M
Free cash flow-$2.01B-$1.16B-$720.20M-$567.91M-$331.44M-$191.41M