Applied Digital Corp. (APLD)
Q4-CY2026Q3-CY2026Q2-CY2026Q1-CY2026Q4-CY2025Q3-CY2025Q2-CY2025Q1-CY2025Q4-CY2024Q3-CY2024Q2-CY2024Q1-CY2024Q4-CY2023Q3-CY2023Q2-CY2023Q1-CY2023Q4-CY2022Q3-CY2022Q2-CY2022Q1-CY2022Q4-CY2021Q3-CY2021Q2-CY2021Q1-CY2021Q4-CY2020Q3-CY2020Q2-CY2020Q1-CY2020Q4-CY2019Q3-CY2019Q2-CY2019Q1-CY2019Q4-CY2018Q3-CY2018Q2-CY2018Q1-CY2018Q4-CY2017Q3-CY2017Q2-CY2017Q1-CY2017Q4-CY2016Q3-CY2016Q2-CY2016Q1-CY2016Q4-CY2015Q3-CY2015Q2-CY2015Q1-CY2015Q4-CY2014
Balance Sheet Date2026-Aug-312026-May-312026-Feb-282025-Nov-302025-Aug-312025-May-312025-Feb-282024-Nov-302024-Aug-312024-May-312024-Feb-292023-Nov-302023-Aug-312023-May-312023-Feb-282022-Nov-302022-Aug-312022-May-312022-Feb-28
Fiscal PeriodQ1-FY2027Q4-FY2026Q3-FY2026Q2-FY2026Q1-FY2026Q4-FY2025Q3-FY2025Q2-FY2025Q1-FY2025Q4-FY2024Q3-FY2024Q2-FY2024Q1-FY2024Q4-FY2023Q3-FY2023Q2-FY2023Q1-FY2023Q4-FY2022Q3-FY2022
Close Price of Common Stock23.26$24.38$37.35$23.74$24.54$22.92$10.07$5.62$7.63$8.24$5.92$4.26$6.74$6.24$9.35$2.24$1.84$1.80$1.05$
Market Cap of Common Stock7,032,012,941$7,106,016,951$10,673,492,282$6,635,969,509$6,863,491,373$5,994,033,678$2,262,907,370$1,252,717,507$1,643,190,124$1,297,291,147$726,004,379$519,910,580$715,932,150$648,648,031$887,329,296$211,150,096$173,399,644$169,630,087$104,164,616$
QoQ%(1.04%)(33.42%)60.84%(3.32%)14.51%164.88%80.64%(23.76%)26.66%78.69%39.64%(27.38%)10.37%(26.90%)320.24%21.77%2.22%62.85%
YoY%2.46%18.55%371.67%429.73%317.69%362.04%211.69%140.95%129.52%100.00%(18.18%)146.23%312.88%282.39%751.85%
Common Shares Outstanding302,387,140297,066,995287,883,603292,549,415286,248,510278,584,101224,909,669233,682,359225,846,268162,471,048144,083,944127,486,937122,734,060110,850,885100,927,35899,471,12898,948,08297,837,70397,837,70353,396,92053,396,92053,396,9201,511,0611,511,061
QoQ%1.79%3.19%(1.60%)2.20%2.75%23.87%(3.75%)3.47%39.01%12.76%13.02%3.87%10.72%9.83%1.46%.53%1.14%.00%83.23%.00%.00%3,433.74%.00%
YoY%5.64%6.64%28.00%25.19%26.75%71.47%56.10%83.30%84.01%46.57%42.76%28.17%24.04%13.30%3.16%86.29%85.31%83.23%6,374.77%3,433.74%
Price to Sales8.06x8.15x17.46x22.06x30.22x43.84x24.97x9.03x12.73x9.60x5.31x3.61x6.24x7.65x16.02x5.17x6.23x
Price to Earnings-------------------
Price to Book4.39x4.43x6.21x4.20x4.73x5.74x4.55x2.76x3.78x5.36x5.82x4.39x4.60x5.07x14.91x3.47x2.73x2.48x1.44x
Total Revenue341,875,000$277,151,000$126,637,000$126,589,000$80,934,000$(33,300,000$)52,921,000$36,163,000$34,849,000$14,742,000$43,348,000$42,203,000$36,323,000$22,038,000$14,090,000$12,340,000$6,924,000$7,523,000$1,026,000$
QoQ%23.35%118.86%.04%56.41%343.05%(162.92%)46.34%3.77%136.39%(65.99%)2.71%16.19%64.82%56.41%14.18%78.22%(7.96%)633.24%
YoY%322.41%932.29%139.29%250.05%132.24%(325.89%)22.08%(14.31%)(4.06%)(33.11%)207.65%242.00%424.60%192.94%1,273.29%
TTM872,252,000$611,311,000$300,860,000$227,144,000$136,718,000$90,633,000$138,675,000$129,102,000$135,142,000$136,616,000$143,912,000$114,654,000$84,791,000$55,392,000$40,877,000$27,813,000$
TTM_QoQ%42.69%103.19%32.45%66.14%50.85%(34.64%)7.42%(4.47%)(1.08%)(5.07%)25.52%35.22%53.07%35.51%46.97%
TTM_YoY%537.99%574.49%116.95%75.94%1.17%(33.66%)(3.64%)12.60%59.38%146.64%252.06%312.23%
Gross Margin28.13%(58.26%)42.49%20.57%27.31%262.75%7.14%37.34%34.74%(213.99%)(8.57%)29.46%30.57%27.63%25.25%4.28%12.00%1.20%(102.05%)
QoQ86.39%(100.75%)21.92%(6.74%)(235.44%)255.61%(30.19%)2.60%248.73%(205.43%)(38.03%)(1.10%)2.94%2.38%20.97%(7.72%)10.81%103.24%
YoY.82%(321.01%)35.35%(16.77%)(7.43%)476.75%15.71%7.88%4.17%(241.62%)(33.81%)25.18%18.56%26.43%127.29%
Operating Income(62,379,000$)(124,819,000$)(85,667,000$)(30,957,000$)(9,762,000$)(44,101,000$)(18,943,000$)(12,805,000$)25,293,000$(27,604,000$)(55,456,000$)(7,912,000$)(7,368,000$)(5,036,000$)(6,989,000$)(26,698,000$)(4,177,000$)(4,266,000$)(2,417,000$)(1,355,000$)(13,038,000$)
QoQ%50.02%(45.70%)(176.73%)(217.12%)77.86%(132.81%)(47.93%)(150.63%)191.63%50.22%(600.91%)(7.38%)(46.31%)27.94%73.82%(539.17%)2.09%(76.50%)(78.38%)89.61%
YoY%(539.00%)(183.03%)(352.24%)(141.76%)(138.60%)(59.76%)65.84%(61.84%)443.28%(448.13%)(693.48%)70.37%(76.40%)(18.05%)(189.16%)(1,870.33%)67.96%
TTM(303,822,000$)(251,205,000$)(170,487,000$)(103,763,000$)(85,611,000$)(50,556,000$)(34,059,000$)(70,572,000$)(65,679,000$)(98,340,000$)(75,772,000$)(27,305,000$)(46,091,000$)(42,900,000$)(42,130,000$)(37,558,000$)(12,215,000$)(21,076,000$)
TTM_QoQ%(20.95%)(47.35%)(64.30%)(21.20%)(69.34%)(48.44%)51.74%(7.45%)33.21%(29.78%)(177.50%)40.76%(7.44%)(1.83%)(12.17%)(207.47%)42.04%
TTM_YoY%(254.89%)(396.89%)(400.56%)(47.03%)(30.35%)48.59%55.05%(158.46%)(42.50%)(129.23%)(79.85%)27.30%(277.33%)(103.55%)
Operating Margin(18.25%)(45.04%)(67.65%)(24.46%)(12.06%)132.44%(35.80%)(35.41%)72.58%(187.25%)(127.93%)(18.75%)(20.29%)(22.85%)(49.60%)(216.35%)(60.33%)(56.71%)(235.58%)
QoQ26.79%22.61%(43.19%)(12.39%)(144.50%)168.23%(.39%)(107.99%)259.83%(59.32%)(109.19%)1.54%2.57%26.75%166.75%(156.03%)(3.62%)178.87%
YoY(6.18%)(177.47%)(31.85%)10.95%(84.64%)319.68%92.14%(16.66%)92.86%(164.40%)(78.33%)197.61%40.04%33.86%185.97%
Net Income(184,055,000$)(82,407,000$)(70,556,000$)(14,450,000$)(16,926,000$)(52,537,000$)(35,555,000$)(138,726,000$)(4,247,000$)(64,450,000$)(62,838,000$)(10,529,000$)(11,854,000$)(6,856,000$)(7,341,000$)(26,750,000$)(4,659,000$)(2,817,000$)(6,445,000$)(171,000$)(14,097,000$)(345,000$)(77,000$)
QoQ%(123.35%)(16.80%)(388.28%)14.63%67.78%(47.76%)74.37%(3,166.45%)93.41%(2.57%)(496.81%)11.18%(72.90%)6.61%72.56%(474.16%)(65.39%)56.29%(3,669.01%)98.79%(3,986.09%)(348.05%)
YoY%(987.41%)(56.86%)(98.44%)89.58%(298.54%)18.48%43.42%(1,217.56%)64.17%(840.05%)(755.99%)60.64%(154.43%)(143.38%)(13.90%)(15,543.28%)66.95%(716.52%)(8,270.13%)
TTM(351,468,000$)(184,339,000$)(154,469,000$)(119,468,000$)(243,744,000$)(231,065,000$)(242,978,000$)(270,261,000$)(142,064,000$)(149,671,000$)(92,077,000$)(36,580,000$)(52,801,000$)(45,606,000$)(41,567,000$)(40,671,000$)(14,092,000$)(23,530,000$)(21,058,000$)(14,690,000$)
TTM_QoQ%(90.66%)(19.34%)(29.30%)50.99%(5.49%)4.90%10.10%(90.24%)5.08%(62.55%)(151.71%)30.72%(15.78%)(9.72%)(2.20%)(188.61%)40.11%(11.74%)(43.35%)
TTM_YoY%(44.20%)20.22%36.43%55.80%(71.57%)(54.38%)(163.89%)(638.82%)(169.06%)(228.18%)(121.52%)10.06%(274.69%)(93.82%)(97.39%)(176.86%)
Profit Margin(53.84%)(29.73%)(55.72%)(11.42%)(20.91%)157.77%(67.19%)(383.61%)(12.19%)(437.19%)(144.96%)(24.95%)(32.64%)(31.11%)(52.10%)(216.78%)(67.29%)(37.45%)(628.17%)
QoQ(24.10%)25.98%(44.30%)9.50%(178.68%)224.95%316.43%(371.43%)425.00%(292.22%)(120.01%)7.69%(1.53%)20.99%164.67%(149.49%)(29.84%)590.72%
YoY(32.92%)(187.50%)11.47%372.20%(8.73%)594.96%77.78%(358.67%)20.45%(406.08%)(92.86%)191.83%34.65%6.34%576.07%
Equity to Common Shareholders1,602,472,000$1,717,476,000$1,581,221,000$1,449,629,000$1,044,260,000$497,688,000$454,648,000$434,572,000$241,846,000$124,830,000$118,488,000$155,658,000$127,948,000$59,517,000$60,850,000$63,509,000$68,307,000$72,259,000$(8,609,000$)(922,000$)(750,000$)(2,583,000$)(2,238,000$)
QoQ(115,004,000$)136,255,000$131,592,000$405,369,000$546,572,000$43,040,000$20,076,000$192,726,000$117,016,000$6,342,000$(37,170,000$)27,710,000$68,431,000$(1,333,000$)(2,659,000$)(4,798,000$)(3,952,000$)80,868,000$(7,687,000$)(172,000$)1,833,000$(345,000$)
QoQ%(6.70%)8.62%9.08%38.82%109.82%9.47%4.62%79.69%93.74%5.35%(23.88%)21.66%114.98%(2.19%)(4.19%)(7.02%)(5.47%)939.34%(833.73%)(22.93%)70.96%(15.42%)
YoY558,212,000$1,219,788,000$1,126,573,000$1,015,057,000$802,414,000$372,858,000$336,160,000$278,914,000$113,898,000$65,313,000$57,638,000$92,149,000$59,641,000$(12,742,000$)69,459,000$64,431,000$69,057,000$74,842,000$(6,371,000$)
YoY%53.46%245.09%247.79%233.58%331.79%298.69%283.71%179.18%89.02%109.74%94.72%145.10%87.31%(17.63%)806.82%6,988.18%9,207.60%2,897.48%(284.67%)
Dividends Paid1,543,000$1,554,000$1,559,000$1,570,000$1,576,000$1,402,000$541,000$628,000$44,000$
Additional Paid-In Capital QoQ60,475,000$215,528,000$202,263,000$441,092,000$563,454,000$95,577,000$55,623,000$362,686,000$121,289,000$70,775,000$25,664,000$38,226,000$79,879,000$5,139,000$4,360,000$21,818,000$584,000$84,636,000$
Treasury Stock62,000$62,000$62,000$62,000$62,000$62,000$62,000$
QoQ0$0$0$0$0$
Goodwill54,387,000$54,513,000$
QoQ%(.23%)
YoY%
Other Intangible Assets
QoQ
Amortization of Intangible Assets
Total Assets11,707,176,000$9,929,312,000$6,246,818,000$5,229,344,000$2,398,995,000$1,870,090,000$1,707,347,000$1,543,169,000$937,732,000$762,867,000$643,168,000$480,654,000$349,153,000$263,957,000$207,607,000$167,443,000$145,920,000$119,980,000$63,494,000$15,052,000$
QoQ1,777,864,000$3,682,494,000$1,017,474,000$2,830,349,000$528,905,000$162,743,000$164,178,000$605,437,000$174,865,000$119,699,000$162,514,000$131,501,000$85,196,000$56,350,000$40,164,000$21,523,000$25,940,000$56,486,000$
YoY9,308,181,000$8,059,222,000$4,539,471,000$3,686,175,000$1,461,263,000$1,107,223,000$1,064,179,000$1,062,515,000$588,579,000$498,910,000$435,561,000$313,211,000$203,233,000$143,977,000$144,113,000$104,928,000$
Total Liabilities7,906,845,000$6,185,735,000$3,679,372,000$3,157,525,000$1,291,007,000$1,236,365,000$1,209,480,000$1,052,815,000$640,604,000$638,037,000$524,680,000$324,996,000$221,205,000$194,278,000$136,212,000$95,473,000$69,019,000$40,745,000$24,152,000$2,500,000$
QoQ1,721,110,000$2,506,363,000$521,847,000$1,866,518,000$54,642,000$26,885,000$156,665,000$412,211,000$2,567,000$113,357,000$199,684,000$103,791,000$26,927,000$58,066,000$40,739,000$26,454,000$28,274,000$16,593,000$
YoY6,615,838,000$4,949,370,000$2,469,892,000$2,104,710,000$650,403,000$598,328,000$684,800,000$727,819,000$419,399,000$443,759,000$388,468,000$229,523,000$152,186,000$153,533,000$112,060,000$38,245,000$
Current Ratio2.56x4.01x2.38x4.82x.65x.27x.70x.77x.22x.73x.30x.18x.22x.40x.22x.30x.87x1.39x.82x4.70x
Total Current Assets4,082,408,000$4,662,857,000$2,428,321,000$2,717,317,000$641,735,000$132,800,000$274,259,000$328,388,000$84,110,000$404,144,000$105,701,000$36,457,000$33,548,000$45,668,000$24,390,000$20,747,000$42,380,000$40,362,000$18,668,000$11,755,000$
QoQ(580,449,000$)2,234,536,000$(288,996,000$)2,075,582,000$508,935,000$(141,459,000$)(54,129,000$)244,278,000$(320,034,000$)298,443,000$69,244,000$2,909,000$(12,120,000$)21,278,000$3,643,000$(21,633,000$)2,018,000$21,694,000$
Total Current Liabilities1,593,232,000$1,162,856,000$1,019,318,000$563,401,000$985,493,000$499,725,000$393,581,000$424,353,000$386,665,000$554,112,000$349,160,000$202,423,000$151,679,000$115,460,000$108,600,000$70,206,000$48,667,000$28,998,000$22,819,000$2,500,000$
QoQ430,376,000$143,538,000$455,917,000$(422,092,000$)485,768,000$106,144,000$(30,772,000$)37,688,000$(167,447,000$)204,952,000$146,737,000$50,744,000$36,219,000$6,860,000$38,394,000$21,539,000$19,669,000$6,179,000$
Debt to Asset Ratio.68x.62x.59x.60x.54x.66x.71x.68x.68x.84x.82x.68x.63x.74x.66x.57x.47x.34x.38x.17x
Long Term Debt7,190,000$
QoQ
YoY
Capital Lease Obligations60,869,000$65,662,000$63,152,000$737,000$908,000$1,073,000$132,175,000$120,917,000$126,264,000$131,445,000$82,283,000$61,211,000$11,380,000$1,127,000$1,154,000$
Cash and Cash Equivalents2,949,909,000$1,591,988,000$1,730,440,000$1,913,436,000$73,911,000$43,950,000$68,743,000$286,237,000$58,215,000$3,339,000$4,435,000$9,217,000$5,942,000$28,999,000$8,421,000$10,512,000$33,330,000$38,798,000$11,961,000$11,750,000$
QoQ1,357,921,000$(138,452,000$)(182,996,000$)1,839,525,000$29,961,000$(24,793,000$)(217,494,000$)228,022,000$54,876,000$(1,096,000$)(4,782,000$)3,275,000$(23,057,000$)20,578,000$(2,091,000$)(22,818,000$)(5,468,000$)26,837,000$
YoY2,875,998,000$1,548,038,000$1,661,697,000$1,627,199,000$15,696,000$40,611,000$64,308,000$277,020,000$52,273,000$(25,660,000$)(3,986,000$)(1,295,000$)(27,388,000$)(9,799,000$)(3,540,000$)27,048,000$
Interest Expenses17,996,000$4,404,000$2,355,000$2,074,000$919,000$352,000$364,000$356,000$112,000$13,000$77,000$
Interest Income35,821,000$857,000$