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. revenue by segment
By business segment
| Revenue | Q4 26 | Q3 26 | Q2 26 | Q1 26 | Q4 25 | Q3 25 | Q2 25 | Q1 25 | Q4 24 | Q3 24 | Q2 24 | Q1 24 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| HPC Hosting Business | $203.01M | $71.01M | $84.99M | $26.30M | $0 | $0 | $0 | $0 | $0 | $0 | – | – | 78.5% | – |
| Data Center Hosting Business | $37.34M | $37.54M | $41.60M | $37.92M | $38.01M | $35.17M | $36.16M | $34.85M | – | – | – | – | 14.4% | -1.8% |
| Hosting segment | – | – | – | – | – | – | – | – | – | – | – | $34.17M | – | – |
| HPC hosting segment | – | – | – | – | – | – | $0 | $0 | – | $0 | $0 | $0 | – | – |
| Cloud services segment | – | – | – | – | – | – | $27.71M | $25.86M | – | $5.55M | $4.45M | $2.15M | – | – |
| Data center hosting segment | – | – | – | – | – | – | $36.16M | $34.85M | – | $37.80M | $37.75M | $34.17M | – | – |
| Cloud Services Business | – | $18.09M | – | – | – | $17.75M | – | – | $16.80M | $5.55M | – | – | – | – |
| Data Center Hosting Business | – | – | – | – | – | $35.17M | – | – | – | $37.80M | – | – | – | – |
| Operating income | Q4 26 | Q3 26 | Q2 26 | Q1 26 | Q4 25 | Q3 25 | Q2 25 | Q1 25 | Q4 24 | Q3 24 | Q2 24 | Q1 24 | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| HPC Hosting Business | $26.18M | $17.57M | -$2.60M | -$2.02M | -$3.06M | -$222.00K | -$5.84M | -$2.95M | -$1.71M | -$1.45M | – | – | -954.5% |
| Data Center Hosting Business | $12.49M | $13.86M | $15.96M | $6.04M | $6.75M | $8.78M | $12.55M | $35.85M | – | – | – | – | +85.1% |
| Hosting segment | – | – | – | – | – | – | – | – | – | – | – | $8.96M | – |
| HPC hosting segment | – | – | – | – | – | – | -$5.84M | -$2.94M | – | -$1.45M | -$908.00K | -$754.00K | – |
| Cloud services segment | – | – | – | – | – | – | -$5.81M | -$15.81M | – | -$21.57M | -$11.56M | -$7.41M | – |
| Data center hosting segment | – | – | – | – | – | – | $12.55M | $35.85M | – | -$24.44M | $10.90M | $9.00M | – |
| Cloud Services Business | – | -$52.19M | – | – | – | -$10.31M | – | – | -$25.09M | -$21.57M | – | – | – |
| Data Center Hosting Business | – | – | – | – | – | $8.78M | – | – | – | -$24.44M | – | – | – |
By product or service
By region
From the segment and revenue-disaggregation notes of Applied Digital's 10-K and 10-Q filings (XBRL). Fourth-quarter figures are the fiscal year less the first nine months. Segment names follow the company's own labels and can change when it reorganizes.