Applied Digital Corp
APLD
NASDAQ
Technology
$31.20
USD
+0.58 (+1.89%)
At close: Aug 14, 2026, 4:00 PM EDT
Market Cap $8.93B
Volume 17.3M
Revenue
$576.19M
TTM
+229.2%
YoY
Gross Margin
22%
TTM
+49.1%
YoY
Net Income
$-184.34M
TTM
+20.2%
YoY
Operating Cash Flow
$89.69M
TTM
+177.7%
YoY
Revenue & Net Income
USD Millions
Margins Trend
Percent of revenue
Income Statement Detail
USD Millions, except per-share and share count figures
Metric | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | Q4 2026 |
|---|---|---|---|---|---|
Revenue | 51.1 | 64.2 | 126.6 | 126.6 | 258.7 |
YoY Growth | +246.5% | +84.3% | +250.1% | +139.3% | +406.6% |
Cost of Revenue | 54.2 | 55.6 | 100.6 | 72.8 | 218.2 |
Gross Profit | -3.1 | 8.6 | 26.0 | 53.8 | 40.5 |
Selling, General & Administrative | 41.0 | 29.2 | 57.0 | 79.7 | 165.3 |
Other Operating Expenses | 0.0 | 1.8 | 0.0 | 0.0 | 0.0 |
Total Operating Expenses | 41.0 | 30.9 | 57.0 | 79.7 | 165.3 |
Operating Income | -44.1 | -22.3 | -31.0 | -25.9 | -124.8 |
EBITDA | -25.7 | -16.4 | -22.4 | -5.1 | -90.9 |
Other Income / Expense | 0.0 | 0.0 | 15.9 | -47.0 | 55.8 |
Total Other Income / Expense | -8.4 | -3.9 | 4.4 | -44.6 | 45.1 |
Income Before Income Taxes | -52.6 | -26.2 | -26.5 | -70.6 | -79.6 |
Income Taxes | -0.0 | 0.0 | 0.0 | -0.0 | 1.8 |
Net Income | -52.5 | -16.9 | -14.5 | -70.6 | -82.4 |
Consolidated Net Income / Loss | -52.5 | -16.9 | -14.5 | -70.6 | -82.4 |
Net Income Attributable to Common Shareholders | -53.9 | -18.5 | -19.1 | -100.9 | -111.7 |
Basic EPS | -$0.24 | -$0.07 | -$0.07 | -$0.36 | -$0.39 |
Diluted EPS | -$0.24 | -$0.07 | -$0.07 | -$0.36 | -$0.39 |
Basic Shares Outstanding | 223.7M | 255.9M | 277.4M | 282.0M | 285.5M |
Diluted Shares Outstanding | 223.7M | 255.9M | 277.4M | 282.0M | 285.5M |