APLDApplied Digital Corporation
Price
-50%1YEnd-of-day closes, not the intraday tick.
More going right than wrong
Quality mixed, nothing alarming, growing in the filings, the market undecided.
We are a U.S.-based designer, developer, owner, and operator of large-scale, purpose-built data centers engineered to support high-performance computing (“HPC”) workloads, including artificial intelligence (“AI”), machine learning, and other accelerated-compute applications. We design, build, and operate high-performance, sustainably engineered data centers—which we refer to as AI factories—and deliver that capacity to investment-grade hyperscalers and other leading compute customers under long-term lease and hosting arrangements.
In the company’s own words · 10-K filed Jul 29, 2026 · SEC EDGAR
Charts
As reported to the SEC, without any scoring.
Applied Digital Corporation (APLD) reported revenue of $263M in Q1 2027 (quarter ended Aug 31, 2026), up 225% from the same quarter a year earlier. That came with a gross margin of 6.5% and net loss of $184M. For the full year FY2026, revenue was $611M (+324% year on year) and net income −$184M. Its largest segment in Q4 2026 (quarter ended May 31, 2026) was HPC Hosting Business at $88M, 70% of the disclosed total, well ahead of Data Center Hosting Business at 30%. The next results filing is expected around Jan 6, 2027, the same week as a year ago.
What the company said
The company's own words from its current reports to the SEC, newest first
- Jun 26, 2026Credit Agreement Incremental Assumption Agreement On June 26, 2026, APLD Intermediate HoldCo LLC (the “Borrower”), a Delaware limited liability company and wholly-owned subsidiary of Applied Digital Corporation, a Nevada corporation (the “Company”), entered into Incremental Assumption Agreement No. 1 (the “Incremental …Material agreement entered · Form 8-K
- Jun 17, 2026Satisfaction of Escrow Arrangements and Release of Funds As previously reported, on March 10, 2026, APLD ComputeCo 2 LLC, a subsidiary of the Company (the “Issuer”), completed its private offering of the notes, the material terms of which are described in the Original 8-K. Pursuant to the Escrow Agreement, the Issuer …Material agreement entered · Form 8-K/A
- Jun 16, 2026Senior Secured Notes Offering General On June 16, 2026, APLD ComputeCo 3 LLC (the “Issuer”), a subsidiary of Applied Digital Corporation (the “Company” or “Applied Digital”), completed its previously announced private offering of 7.000% Senior Secured Notes due 2031 (the “notes”)Material agreement entered · Form 8-K
Quoted from SEC EDGAR filings. A current report is filed within four business days of the event it describes.
Business segments
Jun 2026 · $125.6MThe company’s own SEC segment disclosure.
- HPC Hosting Business$88.3M70%
- Data Center Hosting Business$37.3M30%
Why these answers
Each answer with the checks it was read from. Open one for the numbers.
Conflicts between checks are named, never averaged, and thin data says so.
Information Technology Services
Ranks #30 of 30 by RyuScore