NASDAQ:APLD
Applied Digital Corp.
Applied Digital Corp.'s revenue grew 167.5% in fiscal 2026 to $611.3M while operating margin fell to −38.7%. Free cash flow was −$2.8B, −454.1% of revenue, and the diluted share count rose 36.8%.Summary generated from Applied Digital Corp.'s SEC filings. Latest annual report filed Jul 29, 2026.
Key statistics
Fiscal 2026 from SEC filings. MethodologyRevenue (FY26)$611.3M
Revenue growth+167.5%
Revenue, 5-yr CAGRn/a
Gross margin35.1%
Operating margin−38.7%
Net margin−30.2%
ROICn/a
Return on equity−16.6%
Debt / equityn/a
Free cash flow−$2.8B
FCF margin−454.1%
Share count change+36.8%
Financials
| Item | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Revenue | 9 | 55 | 166 | 229 | 611 |
| Operating income | −21 | −43 | −98 | −72 | −236 |
| Net income | −24 | −45 | −149 | −231 | −184 |
| Free cash flow | −59 | −73 | −128 | −797 | −2,776 |
Recent filings
- 10-QQuarterly report for the period ended Aug 31, 2026
Oct 7, 2026 - 8-KResults of operations and financial condition
Oct 7, 2026 - 4Insider transaction report
Oct 5, 2026 - DEF 14AProxy statement
Sep 25, 2026 - 4Insider transaction report
Sep 14, 2026 - 10-KAnnual report for the fiscal year ended May 31, 2026
Jul 29, 2026 - 8-KResults of operations and financial condition
Jul 27, 2026 - 8-KEntry into a material agreement
Jun 26, 2026