Applied Digital Corp. (APLD) stock
APLDNasdaqServices-Computer Processing & Data PreparationFiscal year ends May 31
Financials through Q1 FY2027, quarter ended Aug 31, 2026Last filing: 10-Q on Oct 7, 2026Score 6/3017% below fair value
$15.97−0.98 (-5.78%)
Close on Nov 13, 2026Market cap $4.83BP/E –Yield –
Applied Digital gross margin
Gross margin is gross profit as a percentage of revenue.
Applied Digital's gross margin for the twelve months ending Aug 31, 2026 was 32.0%. For fiscal 2026 it was 35.1%, against 5.2% the year before. The highest annual figure on record is 35.1% in fiscal 2026.
Annual gross margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2026 | May 31, 2026 | 35.1% | +29.9 |
| FY2025 | May 31, 2025 | 5.2% | −5.2 |
| FY2024 | May 31, 2024 | 10.4% | −9.5 |
| FY2023 | May 31, 2023 | 19.9% | +31.1 |
| FY2022 | May 31, 2022 | -11.2% | – |
Quarterly gross margin
Change is against the same quarter a year earlier.
Periods
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q1 FY2027CQ3 2026 | Aug 31, 2026 | 28.1% | +0.8 |
| Q4 FY2026CQ2 2026 | May 31, 2026 | 37.6% | +43.7 |
| Q3 FY2026CQ1 2026 | Feb 28, 2026 | 42.5% | +35.3 |
| Q2 FY2026CQ4 2025 | Nov 30, 2025 | 20.6% | −16.8 |
| Q1 FY2026CQ3 2025 | Aug 31, 2025 | 27.3% | −7.4 |
| Q4 FY2025CQ2 2025 | May 31, 2025 | -6.1% | −0.2 |
| Q3 FY2025CQ1 2025 | Feb 28, 2025 | 7.1% | +15.7 |
| Q2 FY2025CQ4 2024 | Nov 30, 2024 | 37.3% | +7.9 |
| Q1 FY2025CQ3 2024 | Aug 31, 2024 | 34.7% | +4.2 |
| Q4 FY2024CQ2 2024 | May 31, 2024 | -5.9% | −33.6 |
| Q3 FY2024CQ1 2024 | Feb 29, 2024 | -8.6% | −33.8 |
| Q2 FY2024CQ4 2023 | Nov 30, 2023 | 29.5% | +25.2 |
| Q1 FY2024CQ3 2023 | Aug 31, 2023 | 30.6% | +18.6 |
| Q4 FY2023CQ2 2023 | May 31, 2023 | 27.6% | +26.4 |
| Q3 FY2023CQ1 2023 | Feb 28, 2023 | 25.2% | +127.3 |
| Q2 FY2023CQ4 2022 | Nov 30, 2022 | 4.3% | – |
| Q1 FY2023CQ3 2022 | Aug 31, 2022 | 12.0% | – |
| Q4 FY2022CQ2 2022 | May 31, 2022 | 1.2% | – |
| Q3 FY2022CQ1 2022 | Feb 28, 2022 | -102.0% | – |
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