Applied Digital Corporation (APLD · NASDAQ)
APLD · MARKET VIEW
Market view · as of Sep 7, 2026
Revenue (TTM)
$611.3M
+406.6% YoY
Gross margin
25.9%
EPS (latest q)
$-0.39
vs $-0.18 est · miss
52-wk position
34.9%
-46.9% vs 52w high · -9.8% 1mo
Price (last ~year)
Applied Digital Corporation, a provider of crypto mining and co-hosting services, reported a 406.6% year-over-year revenue increase to $611.3 million TTM, though it remains unprofitable with a -39.9% profit margin and a $110.0 million net loss for the quarter ending May 31, 2026. The company holds $1.59 billion in cash against $5.10 billion in total debt, with free cash flow for the period at -$1.16 billion. Shares have declined 32.2% over the last three months to a recent price of $26.37, resulting in a market capitalization of $7.50 billion.
Valuation
- Market cap
- $7.50B
- PEG
- 1.829
- P/B
- 4.289
- P/S
- 12.26
- EV/EBITDA
- -7.43
- Beta
- 5.73
- Analyst target
- $74.23
Quality & returns
- Gross margin
- 25.9%
- Operating margin
- -48.2%
- Profit margin
- -39.9%
- ROE
- -8.4%
- ROA
- -1.8%
Price movement
- Last
- $26.37
- 1-month
- -9.8%
- 3-month
- -32.2%
- RSI (14)
- 34
- vs SMA200
- -18.1%
- 52-wk position
- 34.9% -46.9% vs high
Quarterly trajectory
Revenue by quarter (oldest → newest)
| Quarter | Revenue | Op income | Net income | EBITDA |
|---|---|---|---|---|
| 2026-05-31 | $258.7M | $-117.0M | $-110.0M | $-80.8M |
| 2026-02-28 | $126.6M | $-25.9M | $-99.3M | $-5.1M |
| 2025-11-30 | $126.6M | $-31.0M | $-17.5M | $-6.5M |
| 2025-08-31 | $64.2M | $-20.5M | $-16.9M | $-18.1M |
Recent news
- Somewhat-Bullish Analyzing Applied Digital vs. IREN: Accelerating Upward Trajectories vs. Sequential Contractions in Quarterly Revenue Generation · 2026-09-06
- Bearish Applied Digital Sinks 7%, IREN Tumbles 13% as Data Center Selloff Broadens Past One Name · 2026-08-29
- Neutral Why Is Applied Digital Corporation (APLD) Up 8.4% Since Last Earnings Report? · 2026-08-26
- Somewhat-Bullish Applied Digital and IREN Climb 6% as the Digital Infrastructure Bid Broadens Past Bitcoin, Core Scientific Gains 4% · 2026-08-25
- Bullish B. Riley Maintains $75 Price Target On Applied Digital (NASDAQ: APLD) After Polaris Forge 2 Site Visit · 2026-08-23
- Bullish Why Is Applied Digital Stock Surging Monday? · 2026-08-22
Sources this view read
- fundamentals Company overview & valuation (Alpha Vantage OVERVIEW)
- filing Quarterly financial statements (Alpha Vantage INCOME/BALANCE/CASH)
- earnings Reported earnings history (Alpha Vantage EARNINGS)
- prices Adjusted daily prices (Alpha Vantage TIME_SERIES_DAILY_ADJUSTED)