Applied Digital Corp. (APLD) stock
Close on Nov 11, 2026Market cap $5.42BP/E –Yield –
Applied Digital Corp. grew revenue 286.2% to $853.85M over the twelve months to Aug 31, 2026. Free cash flow was -$4.46B. At the latest close the market valued the company at $5.42B.
Key statistics
Valuation at the latest close; fundamentals over the trailing twelve months, balances at Aug 31, 2026
Valuation
- Market cap
- $5.42B
- P/E ratio
- –
- Price to sales
- 6.34
- Price to book
- 3.38
- Dividend yield
- –
- Free cash flow yield
- -82.27%
Fundamentals
- Revenue
- $853.85M
- EPS, diluted
- -$1.64
- Free cash flow
- -$4.46B
- Book value per share
- $5.50
- Diluted shares
- 292M
Trading
- Next earnings
- Jan 6, 2027 (estimated, after the close)
- Previous close
- $16.68
- Open
- $18.13
- Day's range
- $17.36 – $18.60
- Volume
- 28,272,770
- Average volume (20 days)
- 28,127,388
- Index membership
- Russell 1000 (since Jun 2026), Russell 3000 (since Feb 2023)
- Beta (5 years)
- 3.13
- 52-week range
- $13.12 – $50.73
- RSI (14 days)
- 45.4
- Volatility (1 year)
- 105.2%
- Relative volume
- 1.35×
- WACC
- 10.1%
On 1 of our idea list: Insiders buying the dip
Index membership is inferred from the holdings of funds that track each index (IWB, IWV), as reported to the SEC for Jun 30, 2026. Join dates come from quarterly fund reports since 2019, so they are accurate to the quarter.
Market cap history
Month-end market cap since 2021, using shares outstanding reported at the time
Total return vs. the S&P 500
Price change plus reinvested dividends, to the close on Nov 11, 2026. The S&P 500 is measured by the SPY fund.
| Period | APLD | S&P 500 | Difference | APLD per year | S&P 500 per year |
|---|---|---|---|---|---|
| 1 month | -24.4% | -2.4% | −22.0 pts | ||
| 3 months | -39.7% | -1.2% | −38.5 pts | ||
| Year to date | -27.0% | +12.3% | −39.3 pts | ||
| 1 year | -37.3% | +12.4% | −49.8 pts | ||
| 3 years | +281.9% | +78.8% | +203.1 pts | +56.3% | +21.4% |
| 5 years | -25.2% | +75.2% | −100.4 pts | -5.6% | +11.9% |
| 10 years | +29750.0% | +311.1% | +29438.9 pts | +76.8% | +15.2% |
Seven years at a glance
Fiscal years 2020 to 2026 and trailing twelve months, USD
Revenue
Gross profit
Operating income
Net income
EPS, diluted
Free cash flow
Press releases
Releases Applied Digital filed with the SEC as exhibits to Form 8-K or 6-K
- Results
- Results
- Update
- Update
- News
- Update
About Applied Digital
Services-Computer Processing & Data Preparation
Applied Digital Corporation designs, develops, builds, and operates large-scale, purpose-built data centers tailored for high-performance computing, artificial intelligence, and accelerated-compute applications. The company operates through two reportable segments: its High-Performance Computing Hosting Business and its legacy Data Center Hosting Business. Under its primary hosting model, it provides high-density computing capacity and data center infrastructure under long-term leases to investment-grade hyperscalers and specialized compute clients. Additionally, the company owns a majority stake in ChronoScale Holdings Corporation, which provides cloud services to machine learning and artificial intelligence developers across third-party co-location centers.
Company profile, executives and historyApplied Digital stock: common questions
What is Applied Digital's stock price?
APLD closed at $17.91 on Nov 11, 2026, up 7.37% on the day. Over the past 52 weeks it traded between $13.12 and $50.73.
What is Applied Digital's market cap?
Applied Digital was worth $5.42B at the close on Nov 11, 2026: the share price times the diluted shares outstanding.
What is APLD's P/E ratio?
Applied Digital lost money over the twelve months to Aug 31, 2026 (diluted EPS -$1.64), so it has no meaningful P/E ratio.
How much revenue does Applied Digital make?
Applied Digital reported revenue of $853.85M for the twelve months to Aug 31, 2026, up 286.2% from a year earlier.
Does Applied Digital pay a dividend?
No. Applied Digital has not paid a cash dividend over the last twelve months.
When does Applied Digital report earnings next?
Applied Digital is expected to report Q2 FY2027 results on Jan 6, 2027, after the close. The date is estimated from its past reporting pattern until the company confirms it.
How has APLD stock performed over the past year?
Including dividends, APLD returned -37.3% over the past year, against +12.4% for the S&P 500.
How many APLD shares are sold short?
61M shares were sold short at the latest FINRA report, 22.92% of the float, or 2.4 days of average trading volume.
Who are Applied Digital's competitors?
Companies most similar to Applied Digital by business, industry and size include FCCN, DOCN, RAMP, INOD, SSTK.
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