APLDNasdaqServices-Computer Processing & Data PreparationFiscal year ends May 31

Applied Digital Corp.

Financials through Q1 FY2027, quarter ended Aug 31, 2026Last filing: 10-Q on Oct 7, 2026

$19.25+1.20 (+6.65%)

Close on Oct 19, 2026

Market cap: $5.61B
P/E (TTM): –
Dividend yield: –

Applied Digital Corp. income statement

Annual Quarterly TTM

Millions of USD, except per-share data. Shares in millions.

Line item	FY 2026 2026-05-31	FY 2025 2025-05-31	FY 2024 2024-05-31	FY 2023 2023-05-31	FY 2022 2022-05-31	FY 2021 2021-05-31
Revenue	611	229	166	55	8.55	0
Cost of Revenue	397	217	148	44	9.51	0
Gross Profit	214	12	17	11	-0.96	0
Selling, General & Admin	332	108	98	54	20	0.33
Total Costs & Expenses	848	301	264	98	20	0.33
Operating Income	-236	-72	-98	-43	-21	-0.33
Interest Expense	30	32	28	2.01	0.11	0.24
Other Non-Operating Income	–	–	–	-2.07	-1.05	-0.24
Asset Impairment Charges	0	0	0.50	0.20	–	–
Gain (Loss) on Investments	11	0	0	–	–	–
Gain (Loss) on Sale of Assets	-2.40	-0.72	0	0	–	–
Legal Settlements	0	0	-2.38	0	–	–
Pretax Income	-182	-231	-150	-45	-22	-0.57
Income Tax Expense	1.79	0.10	0.10	-0.52	0.54	0
Income from Continuing Operations	-249	-234	-149	-44	-22	-0.57
Income from Discontinued Operations	-1.02	0	0	-1.12	-1.04	0
Net Income incl. Noncontrolling Interests	-184	-231	-150	-46	-24	-0.57
Minority Interest in Earnings	–	0	-0.40	-0.96	-0.01	0
Net Income	–	–	-149	-45	-24	-0.57
Preferred Dividends	6.26	2.62	0	0	0	–
Net Income to Common	-250	-234	-149	-45	–	–
EPS (Basic)(per share)	-0.91	-1.16	-1.31	-0.47	-0.41	-0.38
EPS (Diluted)(per share)	-0.91	-1.16	-1.31	-0.47	-0.41	-0.38
Shares Outstanding (Basic, Weighted)(shares)	275	201	114	94	57	1.51
Shares Outstanding (Diluted, Weighted)(shares)	275	201	114	94	57	1.51
EBITDA	-169	63	-19	-36	-20	-0.33

Italic numbers are calculated by StockData (for example Q4 = full year − nine months). Per-share data and share counts are adjusted for stock splits. Hover a number for its source; click it to open the filing on SEC.gov. Click a row to chart it.

Ratios

Latest available, balances at Aug 31, 2026

Profitability, TTM

Gross margin: 32.0%
Operating margin: -35.6%
Net margin: –
Return on equity, FY2026: –

Financial strength

Current ratio: 2.56
Debt to equity: 3.91
Debt to assets: 53.5%
Cash to current liabilities: 185.2%

Valuation

P/E ratio: –
Price to sales: 6.57
Price to book: 3.50
Dividend yield: –