Applied Digital Corp. (APLD)
Q1-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-CY2014Q3-CY2014Q2-CY2014Q1-CY2014
Balance Sheet Date2025-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 PeriodQ2-FY2026Q1-FY2026Q4-FY2025Q3-FY2025Q2-FY2025Q1-FY2025Q4-FY2024Q3-FY2024Q2-FY2024Q1-FY2024Q4-FY2023Q3-FY2023Q2-FY2023Q1-FY2023Q4-FY2022Q3-FY2022
Close Price of Common Stock38.17$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 Stock10,671,790,864$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%55.49%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%751.89%317.69%362.04%211.69%140.95%129.52%100.00%(18.18%)146.23%312.88%282.39%751.85%
Common Shares Outstanding279,585,823286,248,510278,584,101234,200,868233,682,359225,846,268162,471,048144,083,944127,486,937122,734,060110,850,885100,927,35899,471,12898,948,08297,837,70397,837,70353,396,92053,396,92053,396,9201,511,0611,511,061
QoQ%(2.33%)2.75%18.95%.22%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%19.64%26.75%71.47%62.55%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 Sales50.72x32.62x49.95x24.97x9.03x12.73x9.60x5.31x3.61x6.24x7.65x16.02x5.17x6.23x
Price to Earnings----------------
Price to Book7.36x4.73x5.74x4.55x2.76x3.78x5.36x5.82x4.39x4.60x5.07x14.91x3.47x2.73x2.48x1.44x
Total Revenue126,589,000$64,216,000$(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%97.13%292.84%(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%250.05%84.27%(325.89%)22.08%(14.31%)(4.06%)(33.11%)207.65%242.00%424.60%192.94%1,273.29%
TTM210,426,000$120,000,000$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%75.36%32.40%(34.64%)7.42%(4.47%)(1.08%)(5.07%)25.52%35.22%53.07%35.51%46.97%
TTM_YoY%62.99%(11.21%)(33.66%)(3.64%)12.60%59.38%146.64%252.06%312.23%
Gross Margin20.57%13.41%(83.52%)7.14%37.34%34.74%68.78%(8.57%)29.46%30.57%27.63%25.25%4.28%12.00%1.20%(102.05%)
QoQ7.16%96.93%(90.66%)(30.19%)2.60%(34.05%)77.35%(38.03%)(1.10%)2.94%2.38%20.97%(7.72%)10.81%103.24%
YoY(16.77%)(21.33%)(152.30%)15.71%7.88%4.17%41.16%(33.81%)25.18%18.56%26.43%127.29%
Operating Income(30,957,000$)(22,293,000$)11,229,000$(18,943,000$)(12,805,000$)25,293,000$37,882,000$(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$)
QoQ%(38.86%)(298.53%)159.28%(47.93%)(150.63%)(33.23%)168.31%(600.91%)(7.38%)(46.31%)27.94%73.82%(539.17%)2.09%(76.50%)(78.38%)89.61%
YoY%(141.76%)(188.14%)(70.36%)65.84%(61.84%)443.28%852.22%(693.48%)70.37%(76.40%)(18.05%)(189.16%)(1,870.33%)67.96%
TTM(60,964,000$)(42,812,000$)4,774,000$31,427,000$(5,086,000$)(193,000$)(32,854,000$)(75,772,000$)(27,305,000$)(46,091,000$)(42,900,000$)(42,130,000$)(37,558,000$)(12,215,000$)(21,076,000$)
TTM_QoQ%(42.40%)(996.77%)(84.81%)717.91%(2,535.23%)99.41%56.64%(177.50%)40.76%(7.44%)(1.83%)(12.17%)(207.47%)42.04%
TTM_YoY%(1,098.66%)(22,082.38%)114.53%141.48%81.37%99.58%23.42%(79.85%)27.30%(277.33%)(103.55%)
Operating Margin(24.46%)(34.72%)(33.72%)(35.80%)(35.41%)72.58%256.97%(127.93%)(18.75%)(20.29%)(22.85%)(49.60%)(216.35%)(60.33%)(56.71%)(235.58%)
QoQ10.26%(1.00%)2.07%(.39%)(107.99%)(184.39%)384.90%(109.19%)1.54%2.57%26.75%166.75%(156.03%)(3.62%)178.87%
YoY10.95%(107.30%)(290.69%)92.14%(16.66%)92.86%279.82%(78.33%)197.61%40.04%33.86%185.97%
Net Income(14,450,000$)(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$)
QoQ%14.63%67.78%(47.76%)74.37%(3,166.45%)93.41%(2.57%)(496.81%)11.18%(72.90%)6.61%72.56%(474.16%)(65.39%)56.29%(3,669.01%)98.79%(3,986.09%)(348.05%)
YoY%89.58%(298.54%)18.48%43.42%(1,217.56%)64.17%(840.05%)(755.99%)60.64%(154.43%)(143.38%)(13.90%)(15,543.28%)66.95%(716.52%)(8,270.13%)
TTM(119,468,000$)(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%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%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(11.42%)(26.36%)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%)
QoQ14.94%(184.13%)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%
YoY372.20%(14.17%)594.96%77.78%(358.67%)20.45%(406.08%)(92.86%)191.83%34.65%6.34%576.07%
Equity to Common Shareholders1,449,629,000$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$)
QoQ405,369,000$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%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%)
YoY1,015,057,000$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%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 Paid1,570,000$1,576,000$1,402,000$541,000$628,000$44,000$
Additional Paid-In Capital QoQ441,092,000$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$0$
Goodwill
QoQ%
YoY%
Other Intangible Assets
QoQ
Amortization of Intangible Assets
Total Assets5,229,344,000$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$15,052,000$
QoQ2,830,349,000$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$56,486,000$
YoY3,686,175,000$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 Liabilities3,157,525,000$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$2,500,000$
QoQ1,866,518,000$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$16,593,000$
YoY2,104,710,000$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 Ratio4.82x.65x.77x.70x.77x.22x.73x.30x.18x.22x.40x.22x.30x.87x1.39x.82x4.70x
Total Current Assets2,717,317,000$641,735,000$430,593,000$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$11,755,000$
QoQ2,075,582,000$211,142,000$156,334,000$(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 Liabilities563,401,000$985,493,000$558,144,000$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$2,500,000$
QoQ(422,092,000$)427,349,000$164,563,000$(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.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 Obligations737,000$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 Equivalents1,913,436,000$73,911,000$41,552,000$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$11,750,000$
QoQ1,839,525,000$32,359,000$(27,191,000$)(217,494,000$)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$
YoY1,627,199,000$15,696,000$38,213,000$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 Income