Applied Digital Corp. (APLD)
$14.17
-2.44 (-14.69%)Delayed quote.
Price history
Daily close- 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
- Website
- https://applieddigital.com
Financial statements
Annual, last 3 fiscal years. Most recent period first. Reported in USD.
| Metric | FY2026May 31, 2026 | FY2025May 31, 2025 | FY2024May 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 |
| Metric | FY2026May 31, 2026 | FY2025May 31, 2025 | FY2024May 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 |
| Metric | FY2026May 31, 2026 | FY2025May 31, 2025 | FY2024May 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.
| Metric | Q1 2027Aug 31, 2026 | Q4 2026May 31, 2026 | Q3 2026Feb 28, 2026 | Q2 2026Nov 30, 2025 | Q1 2026Aug 31, 2025 | Q4 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 |
| Metric | Q1 2027Aug 31, 2026 | Q4 2026May 31, 2026 | Q3 2026Feb 28, 2026 | Q2 2026Nov 30, 2025 | Q1 2026Aug 31, 2025 | Q4 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 |
| Metric | Q1 2027Aug 31, 2026 | Q4 2026May 31, 2026 | Q3 2026Feb 28, 2026 | Q2 2026Nov 30, 2025 | Q1 2026Aug 31, 2025 | Q4 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 |