Applied Digital Corporation (APLD)
Technology · Information Technology Services · NasdaqGS
Applied Digital Corporation revenue & earnings — last 5 fiscal years
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $0 | $8.55M | $55.39M | $136.62M | $144.19M |
| Gross profit | — | $-957,000 | $11.00M | $29.96M | $42.74M |
| Net income | $-568,000 | $-23.52M | $-44.65M | $-149.27M | $-231.06M |
| Net margin | — | -275.1% | -80.6% | -109.3% | -160.2% |
Source: Applied Digital Corporation SEC filings (10-K).
Explore 5 years of Applied Digital Corporation financials — interactive
Full income statement, balance sheet and cash flow with CAGR and trend on every row, 48 quarters, valuation ratios, plain-English health checks, and Ask — our SEC-grounded research assistant.
Open the interactive view — freeOr start a 7-day free trial to track APLD in your portfolio →
Applied Digital Corporation financial history by metric
About Applied Digital Corporation
Applied Digital Corporation designs, develops, and operates digital infrastructure solutions to high-performance computing (HPC) and artificial intelligence industries in North America. It operates through: Data Center Hosting Business, and HPC Hosting Business. The company offers infrastructure services to crypto mining customers; and GPU computing solutions for critical workloads related to AI, machine learning, and other HPC tasks. It also engages in the designing, constructing, and managing of data centers to support HPC applications. The company was formerly known as Applied Blockchain, Inc. and changed its name to Applied Digital Corporation in November 2022. Applied Digital Corporation has an lease agreement with CoreWeave for an additional 150MW at its Polaris Forge 1 Campus in Ellendale, North Dakota. Applied Digital Corporation is based in Dallas, Texas.
Applied Digital Corporation — frequently asked questions
What is Applied Digital Corporation's revenue?
Applied Digital Corporation (APLD) reported revenue of $144.19M for fiscal year 2025, up 5.5% from the prior year, according to its SEC filings.
Is Applied Digital Corporation profitable?
No — APLD reported a net loss of $-231.06M in fiscal 2025.
What is APLD's P/E ratio?
Applied Digital Corporation trades at a price-to-earnings ratio of about 0.0 based on the latest data in our nightly-refreshed cache.
How much debt does Applied Digital Corporation have?
As of fiscal year 2025, APLD carried roughly $688.16M in total debt (short- plus long-term borrowings), per its filed balance sheet.
What is Applied Digital Corporation's gross margin?
APLD's gross margin was 29.6% in fiscal 2025 — gross profit of $42.74M on revenue of $144.19M.
What is Applied Digital Corporation's market cap?
Applied Digital Corporation (APLD) has a market capitalization of about $11.33B, based on the latest data in our nightly-refreshed cache.
When does Applied Digital Corporation's fiscal year end?
APLD's fiscal year ends in May. Its most recent annual filing covers the fiscal year ending 2025-05-31.
Where does this data come from?
All figures are computed from Applied Digital Corporation's official SEC filings (10-K and 10-Q), covering 5 years of history, refreshed nightly. stockportfolio.pro does not provide investment advice.