applied digital corp - APLD

APLD

Close Chg Chg %
14.17 1.38 9.74%

Closed Market

15.55

+1.38 (9.74%)

Volume: 34.38M

Last Updated:

Nov 6, 2026, 4:00 PM EDT

Company Overview: applied digital corp - APLD

APLD Key Data

Open

$15.49

Day Range

14.71 - 15.80

52 Week Range

13.12 - 50.70

Market Cap

$5.02B

Shares Outstanding

302.39M

Public Float

272.68M

Beta

5.59

Rev. Per Employee

N/A

P/E Ratio

N/A

EPS

-$1.63

Yield

0.00%

Dividend

N/A

EX-DIVIDEND DATE

SHORT INTEREST

N/A

AVERAGE VOLUME

30.16M

 

APLD Performance

1 Week
 
-12.71%
 
1 Month
 
-34.33%
 
3 Months
 
-46.78%
 
1 Year
 
-49.81%
 
5 Years
 
-41.10%
 

APLD Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 20
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 61.50
Number of Ratings 20 Current Quarters Estimate -0.309
FY Report Date 11 / 2026 Current Year's Estimate -1.666
Last Quarter’s Earnings -0.82 Median PE on CY Estimate N/A
Year Ago Earnings -0.91 Next Fiscal Year Estimate -1.036
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 11 11 12 11
Mean Estimate -0.31 -0.34 -1.67 -1.04
High Estimates -0.17 -0.09 -1.04 2.34
Low Estimate -0.54 -0.63 -2.60 -2.60
Coefficient of Variance -46.19 -53.38 -31.84 -137.90

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 18 18 13
OVERWEIGHT 0 0 0
HOLD 2 2 1
UNDERWEIGHT 0 0 0
SELL 0 0 0
MEAN Buy Buy Buy

Insider Actions for Applied Digital Corp - APLD

Date Name Shares Transaction Value
Nov 6, 2026 Douglas S. Miller Director 199,309 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Nov 6, 2026 Richard N. Nottenburg Director 116,578 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Nov 6, 2026 Rachel H. Lee Director 81,597 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Nov 6, 2026 Charles Peter Hastings Director 402,822 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Nov 6, 2026 Ella Gendel Benson Director 82,872 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Oct 19, 2026 Wesley Carl Cummins CEO; Chairman; Director 5,874,453 Open market or private purchase of non-derivative security Non-derivative transaction at $18.04 per share 105,975,132.12
Oct 19, 2026 Jason Zhang President 2,839,227 Open market or private purchase of non-derivative security Non-derivative transaction at $18.86 per share 53,547,821.22
Oct 14, 2026 Wesley Carl Cummins CEO; Chairman; Director 5,818,650 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 $23.68 per share 137,785,632.00
Oct 14, 2026 Wesley Carl Cummins CEO; Chairman; Director 200,000 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Oct 6, 2026 Saidal L. Mohmand Chief Financial Officer 970,097 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Oct 6, 2026 Saidal L. Mohmand Chief Financial Officer 937,961 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 $25.38 per share 23,805,450.18
Oct 6, 2026 Saidal L. Mohmand Chief Financial Officer 163,334 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00

Applied Digital Corp in the News