APLD
Applied Digital Corp.
NASDAQ · Technology · Information Technology Services · US
$19.21
−5.79%Income statement
| Metric | TTM | 2026 | 2025 | 2024 | 2023 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 853.8M | 611.3M | 228.6M | 136.6M | 55.4M |
| Cost of Revenue | 681.2M | 453.6M | 216.8M | 106.7M | 44.4M |
| Gross Profit | 172.7M | 157.7M | 11.8M | 30.0M | 11.0M |
| Operating Expenses | |||||
| R&D Expense | — | — | — | — | — |
| SG&A Expense | 409.0M | 332.1M | 107.9M | 45.0M | 55.1M |
| General & Admin Expense | 114.7M | 332.1M | 107.9M | — | — |
| Selling & Marketing Expense | — | — | — | — | — |
| Other Expenses | — | 61.9M | (23.9M) | — | — |
| Total Operating Expenses | 409.0M | 394.0M | 84.0M | 45.0M | 55.1M |
| Cost and Expenses | 1.1B | 847.7M | 300.7M | 151.7M | 99.4M |
| Operating Income (EBIT) | (236.3M) | (236.4M) | (72.2M) | (15.1M) | (44.1M) |
| Non-Operating | |||||
| Interest Income | 38.2M | — | 3.1M | 931.0K | — |
| Interest Expense | 99.5M | 29.5M | 35.3M | 18.6M | 2.0M |
| Net Interest Income | (61.3M) | (29.5M) | (32.1M) | (17.7M) | (2.0M) |
| Other Non-Op Income/Expense | (106.5M) | 54.8M | (158.8M) | (59.2M) | (2.1M) |
| Non-Operating Income (excl Interest) | 10.5M | (84.3M) | 123.5M | 40.6M | 94.0K |
| EBT (Pre-Tax Income) | (342.8M) | (181.5M) | (231.0M) | (74.3M) | (46.1M) |
| Income Tax Expense | 3.7M | 1.8M | 102.0K | 96.0K | (523.0K) |
| Bottom Line | |||||
| Net Income | (462.4M) | (244.0M) | (231.1M) | (149.3M) | (44.6M) |
| Earnings from Cont. Ops | (346.5M) | (183.3M) | (231.1M) | (74.4M) | (45.6M) |
| Earnings from Discont. Ops | (5.0M) | (1.0M) | — | (75.3M) | — |
| Bottom Line Net Income | (468.6M) | (250.3M) | (233.7M) | (149.3M) | (44.6M) |
| Per Share | |||||
| Basic EPS | ($1.64) | ($0.91) | ($1.16) | ($1.31) | ($0.48) |
| Diluted EPS | ($1.64) | ($0.91) | ($1.16) | ($1.31) | ($0.48) |
| Revenue Per Share | $2.93 | $2.22 | $1.14 | $1.20 | $0.59 |
| Shares | |||||
| Basic Shares Outstanding | 291.6M | 275.2M | 201.2M | 114.1M | 94.0M |
| Diluted Shares Outstanding | 291.6M | 275.2M | 201.2M | 114.1M | 94.0M |
| Profitability Metrics | |||||
| EBITDA | (141.6M) | (84.6M) | (97.8M) | 23.7M | (36.9M) |
| D&A | 105.1M | 67.4M | 97.9M | 79.4M | 7.3M |
| EBIT | (246.8M) | (152.0M) | (195.7M) | (55.6M) | (44.1M) |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Aug 1, 2026