applied digital corp - APLD

APLD

Close Chg Chg %
28.19 0.35 1.24%

Closed Market

28.54

+0.35 (1.24%)

Volume: 13.09M

Last Updated:

Sep 22, 2026, 4:00 PM EDT

Company Overview: applied digital corp - APLD

APLD Key Data

Open

$28.16

Day Range

28.03 - 29.10

52 Week Range

19.01 - 50.70

Market Cap

$8.20B

Shares Outstanding

291.47M

Public Float

263.01M

Beta

5.73

Rev. Per Employee

N/A

P/E Ratio

N/A

EPS

-$0.89

Yield

0.00%

Dividend

N/A

EX-DIVIDEND DATE

SHORT INTEREST

N/A

AVERAGE VOLUME

15.64M

 

APLD Performance

1 Week
 
1.49%
 
1 Month
 
4.89%
 
3 Months
 
-27.12%
 
1 Year
 
31.46%
 
5 Years
 
121.76%
 

APLD Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 17
Full Ratings ➔

About applied digital corp - APLD

Applied Digital Corp. is a technology company, which engages in the provision of development and operation of data centers which provide computing power. It operates through the Data Center Hosting Business and HPC Hosting Business segments. The Data Center Hosting Business segment provides energized infrastructure services to crypto mining customers. The HPC Hosting Business segment focuses on the designing, constructing, and operating data centers tailored to support high power density applications like HPC and AI. The company was founded by Wesley Carl Cummins and Jason Zhang in May 2001 and is headquartered in Dallas, TX.

APLD At a Glance

Applied Digital Corp.
3811 Turtle Creek Boulevard
Dallas, Texas 75219
Phone 1-214-427-1704 Revenue 611.31M
Industry Data Processing Services Net Income -244,004,000.00
Sector Technology Services 2026 Sales Growth 323.953%
Fiscal Year-end 05 / 2027 Employees 256
View SEC Filings

APLD Valuation

P/E Current N/A
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) N/A
Price to Sales Ratio 21.284
Price to Book Ratio 7.925
Price to Cash Flow Ratio 145.08
Enterprise Value to EBITDA -237.978
Enterprise Value to Sales 26.442
Total Debt to Enterprise Value 0.316

APLD Efficiency

Revenue/Employee 2,387,933.594
Income Per Employee -953,140.625
Receivables Turnover 5.318
Total Asset Turnover 0.104

APLD Liquidity

Current Ratio 4.007
Quick Ratio 4.007
Cash Ratio 3.417

APLD Profitability

Gross Margin 25.794
Operating Margin -23.528
Pretax Margin -29.696
Net Margin -39.915
Return on Assets -4.119
Return on Equity -20.132
Return on Total Capital -3.532
Return on Invested Capital -5.992

APLD Capital Structure

Total Debt to Total Equity 286.473
Total Debt to Total Capital 74.125
Total Debt to Total Assets 51.362
Long-Term Debt to Equity 292.139
Long-Term Debt to Total Capital 72.926
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Applied Digital Corp - APLD

Collapse All in section
All values USD millions. 2023 2024 2025 2026 5-year trend
Sales/Revenue
55.39M 165.57M 144.19M 611.31M
Sales Growth
+547.94% +198.92% -12.91% +323.95%
Cost of Goods Sold (COGS) incl D&A
44.39M 148.34M 101.45M 453.63M
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
7.27M 79.36M 17.29M 75.91M
Depreciation
7.27M 79.36M 17.29M 75.91M
Amortization of Intangibles
- - - -
-
COGS Growth
+102.76% +234.19% -31.61% +347.14%
Gross Income
11.00M 17.23M 42.74M 157.68M
Gross Income Growth
+182.47% +56.62% +148.00% +268.92%
Gross Profit Margin
+19.87% +10.41% +29.64% +25.79%
2023 2024 2025 2026 5-year trend
SG&A Expense
55.06M 98.46M 83.06M 301.51M
Research & Development
- - - -
-
Other SG&A
55.06M 98.46M 83.06M 301.51M
SGA Growth
+628.78% +78.83% -15.64% +262.98%
Other Operating Expense
- - - -
-
Unusual Expense
94.00K 41.52M 127.79M (51.46M)
EBIT after Unusual Expense
(44.15M) (122.74M) (168.11M) (92.37M)
Non Operating Income/Expense
- - 27.73M (3.91M)
-
Non-Operating Interest Income
- - 3.12M 55.74M
-
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
1.98M 26.83M 17.86M 85.26M
Interest Expense Growth
+1,667.86% +1,255.15% -33.45% +377.48%
Gross Interest Expense
1.98M 26.83M 17.86M 124.83M
Interest Capitalized
- - - 39.57M
-
Pretax Income
(46.13M) (149.57M) (158.23M) (181.53M)
Pretax Income Growth
-110.19% -224.25% -5.79% -14.72%
Pretax Margin
-83.28% -90.34% -109.74% -29.70%
Income Tax
(523.00K) 96.00K 102.00K 1.79M
Income Tax - Current - Domestic
18.00K 96.00K 102.00K 1.79M
Income Tax - Current - Foreign
- - - -
-
Income Tax - Deferred - Domestic
- - - (541.00K)
-
Income Tax - Deferred - Foreign
- - - -
-
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
(45.61M) (149.67M) (158.34M) (183.32M)
Minority Interest Expense
- (960.00K) (397.00K) 59.66M
Net Income
(44.65M) (149.27M) (158.34M) (242.98M)
Net Income Growth
-98.64% -234.35% -6.07% -53.46%
Net Margin Growth
-80.60% -90.15% -109.81% -39.75%
Extraordinaries & Discontinued Operations
- - (72.73M) (1.02M)
-
Discontinued Operations
- - (72.73M) (1.02M)
-
Net Income After Extraordinaries
(44.65M) (149.27M) (231.06M) (244.00M)
Preferred Dividends
- - 2.62M 6.26M
-
Net Income Available to Common
(44.65M) (149.27M) (233.68M) (250.26M)
EPS (Basic)
-0.4751 -1.3087 -1.1615 -0.9094
EPS (Basic) Growth
-15.37% -175.46% +11.25% +21.70%
Basic Shares Outstanding
93.98M 114.06M 201.19M 275.19M
EPS (Diluted)
-0.4751 -1.3087 -1.1615 -0.9094
EPS (Diluted) Growth
-15.37% -175.46% +11.25% +21.70%
Diluted Shares Outstanding
93.98M 114.06M 201.19M 275.19M
EBITDA
(36.79M) (1.87M) (23.03M) (67.92M)
EBITDA Growth
-86.00% +94.93% -1,134.41% -194.88%
EBITDA Margin
-66.41% -1.13% -15.97% -11.11%

Snapshot

Average Recommendation BUY Average Target Price 69.821
Number of Ratings 17 Current Quarters Estimate -0.273
FY Report Date 11 / 2026 Current Year's Estimate -0.962
Last Quarter’s Earnings -0.30 Median PE on CY Estimate N/A
Year Ago Earnings -0.91 Next Fiscal Year Estimate -0.459
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 8 8 10 9
Mean Estimate -0.27 -0.25 -0.96 -0.46
High Estimates -0.09 -0.02 -0.30 2.48
Low Estimate -0.57 -0.53 -2.17 -2.39
Coefficient of Variance -62.15 -62.38 -56.55 -306.24

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 15 13 14
OVERWEIGHT 0 0 0
HOLD 2 1 0
UNDERWEIGHT 0 0 0
SELL 0 0 0
MEAN Buy Buy Buy

Insider Actions for Applied Digital Corp - APLD

Date Name Shares Transaction Value
Sep 15, 2026 Jason Zhang President 2,539,227 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $26.42 per share 67,086,377.34
Nov 26, 2025 Ella Gendel Benson Director 68,422 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $23.22 per share 1,588,758.84

Applied Digital Corp in the News