Applied Digital (APLD)
Builds and leases power-dense AI data centers while operating legacy blockchain hosting.
$28.64
After hours+0.12 (+0.42%)
At close$28.52(+1.17%)
In millions of USD, except per-share figures
| In millions | Q1 FY24Aug 2023 | Q2 FY24Nov 2023 | Q3 FY24Feb 2024 | Q4 FY24May 2024 | Q1 FY25Aug 2024 | Q2 FY25Nov 2024 | Q3 FY25Feb 2025 | Q4 FY25May 2025 | Q1 FY26Aug 2025 | Q2 FY26Nov 2025 | Q3 FY26Feb 2026 | Q4 FY26May 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 36 | 42 | 43 | 15 | 61 | 64 | 53 | 38 | 64 | 127 | 127 | 259 |
| Cost of revenue | 24 | 29 | 47 | 6 | 61 | 52 | 49 | 30 | 56 | 101 | 73 | 218 |
| Gross profit | 12 | 13 | −4 | 9 | 0 | 12 | 4 | 8 | 9 | 26 | 54 | 41 |
| 17 | 21 | 30 | −23 | 14 | 30 | 23 | 28 | 29 | 57 | 80 | 158 | |
| Selling, general & administrative | 17 | 21 | 30 | −23 | 14 | 30 | 23 | 28 | 29 | 57 | 80 | 158 |
| Operating income | −5 | −8 | −34 | 32 | −15 | −18 | −19 | −20 | −21 | −31 | −26 | −117 |
| −7 | −2 | −29 | −21 | 10 | −120 | −16 | −5 | −6 | 4 | −45 | 37 | |
| Interest income | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 3 | 0 | 0 | 2 | 0 |
| Interest expense | 2 | 2 | 5 | 9 | 7 | 7 | 9 | 18 | 4 | 11 | 0 | 11 |
| Other non-operating income | 5 | 0 | 24 | 12 | −18 | 113 | 8 | 0 | 2 | −16 | 0 | 0 |
| Income before tax | −12 | −11 | −63 | 11 | −4 | −139 | −35 | −25 | −26 | −27 | −71 | −80 |
| Income tax expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 |
| Net income from continuing operations | −12 | −11 | −63 | 11 | −4 | −139 | −36 | −25 | −26 | −27 | −71 | −81 |
| Discontinued operations | 0 | 0 | 0 | −75 | 0 | 0 | 0 | −27 | 9 | 12 | 0 | −1 |
| Net income | −11 | −11 | −63 | −64 | −4 | −139 | −36 | −53 | −17 | −18 | −99 | −110 |
| EPS, basic | −$0.11 | −$0.10 | −$0.52 | −$0.58 | −$0.03 | −$0.66 | −$0.16 | −$0.24 | −$0.07 | −$0.07 | −$0.36 | −$0.39 |
| EPS, diluted | −$0.11 | −$0.10 | −$0.52 | −$0.58 | −$0.03 | −$0.66 | −$0.16 | −$0.24 | −$0.07 | −$0.07 | −$0.36 | −$0.39 |
| Weighted average shares, basic | 101 | 110 | 121 | 114 | 149 | 210 | 222 | 201 | 256 | 277 | 282 | 286 |
| Weighted average shares, diluted | 101 | 110 | 121 | 114 | 149 | 210 | 222 | 201 | 256 | 277 | 282 | 286 |
| EBITDA | −2 | 5 | −32 | 87 | 37 | −105 | −8 | −17 | −18 | −6 | −5 | −81 |
| Depreciation & amortization | 8 | 13 | 26 | 66 | 34 | 26 | 19 | 4 | 4 | 9 | 21 | 36 |
| EBIT | −10 | −8 | −58 | 20 | 3 | −131 | −27 | −21 | −22 | −15 | −26 | −117 |
