APLDApplied Digital Corporation

$28.30

Price

$28.30+73%1Y
1M-1.9%1Y+73%

Prices are end-of-day closes. This is a research view, the focus is on the fundamentals, quality and valuation below, not intraday price.

Smart Score

Top tier
10/10
Value93
Quality-
Momentum67
Growth97
Strongest Growth, weakest Momentum · ranked vs Technology peers. The five questions below judge the company on its own terms.
What they do

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

P/E (TTM)-
Market Cap$11.70B
1Y Return+73%
5Y Return-

Business segments

Jun 2026 · $125.6M

The company’s own SEC segment disclosure.

  • HPC Hosting Business$88.3M70%
  • Data Center Hosting Business$37.3M30%

Applied Digital Corporation (APLD) reported revenue of $127M in Q3 2026 (quarter ended Feb 28, 2026), up 139% from the same quarter a year earlier. That came with a gross margin of 42% and net loss of $71M. For the full year FY2025, revenue was $144M (+5.5% year on year) and net income −$231M. Its largest segment in Jun 2026 was HPC Hosting Business at $88M, 70% of the disclosed total, well ahead of Data Center Hosting Business at 30%.

Raw charts

10 series · TTM

As reported to the SEC, without any scoring.