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APLD

Applied Digital·NASDAQ
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APLD fundamentals

Applied Digital (APLD) released its earnings on Oct 9, 2025: revenue was 64.20M (YoY +5.77%), beat estimates; EPS was -0.03 (YoY +80.00%), beat estimates.
Revenue / YoY
64.20M
+5.77%
EPS / YoY
-0.03
+80.00%
Report date
Oct 9, 2025
APLD Earnings Call Summary for Q1,2026
  • CoreWeave Expansion: CoreWeave exercises option to 400 MW at Polaris Forge 1, total contract value $11 billion.
  • Polaris Forge 2 Progress: 300 MW construction underway,2026H2 full capacity 2027. 300 MW construction underway 2026H2 full capacity 2027. 300 MW construction underway 2026H2 full capacity 2027.
  • Macquarie Financing: $112.5M initial draw from $5B Macquarie facility, reducing public company dilution. $112.5M initial draw from $5B Macquarie facility, reducing public company dilution. $112.5M initial draw from $5B Macquarie facility, reducing public company dilution.
  • Pipeline Scale: 4 GW active pipeline, 700 MW under construction. 4 GW active pipeline, 700 MW under construction. 4 GW active pipeline, 700 MW under construction.
  • Hyperscale Demand: Hyperscalers projected to invest $350B in AI data centers 2026. Applied Digital uniquely positioned with 1.4 GW Ellendale, 1 GW Harwood. 1.4 GW Ellendale, 1 GW Harwood. 1.4 GW Ellendale,2028 expansion. 1.4 GW Ellendale 2028 expansion. 1.4 GW Ellendale 2028 expansion.
  • Fit-Out Services: Q1 2026 tenant fit-out revenue $26.3M, transitioning to lease revenue 2026 calendar year. Q1 2026 tenant fit-out revenue $26.3M, transitioning to lease revenue 2026 calendar year. Q1 2026 tenant fit-out revenue $26.3M, transitioning to lease revenue 2026 calendar year.
EPS
Revenue

Revenue & Expenses

APLD has released its 2026 Q1 earnings report, with revenue of 64.22M, reflecting a YoY change of 84.27%, and net profit of -16.93M, showing a YoY change of -298.54%. The Sankey diagram below clearly presents APLD's revenue sources and cost distribution.

Key Indicators

Applied Digital (APLD) key financial stats and ratios, covering profitability, financial health, and leverage.
Applied Digital (APLD)'s revenue and profit trends over recent years, visualized with a waterfall chart to showcase the revenue-to-profit funnel.
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Applied Digital (APLD)'s asset and liability trends over recent years, visualized with a waterfall chart to illustrate changes in its asset-liability structure.
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Applied Digital (APLD)'s cash flow trends over recent years, visualized with a waterfall chart to illustrate changes in its operating, investing, and financing cash flows.
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Where does Applied Digital (APLD) generate its revenue? Explore its key revenue streams and top earning regions.
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Track Applied Digital (APLD) Dividend Yield, Payout Ratio & Sustainability Through Its Dividend History
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