Applied Digital Corp.
About Applied Digital Corp.
Applied Digital Corp is a designer, developer, and operator of next-generation digital infrastructure across North America. It provides digital infrastructure solutions and cloud services to industries like High-Performance Computing (HPC) and Artificial Intelligence (AI). The company operates in the following business segments: Data Center Hosting Business and HPC Hosting Business. The majority of its revenue is generated from the Data Center Hosting Business, which operates data centers to provide energized space to crypto mining customers.
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Financial summary
- Revenue FY2025
- $144.2M
- Net income
- -$149.3M
- Total assets
- $1.9B
- Market cap
- $11.3B
- Gross margin
- 29.6%
- Operating margin
- -11.7%
- Net margin
- -160.2%
Source: SEC EDGAR · updated Jun 7, 2026
Revenue & profit trend
Financial statements
Income statement
- Revenue
- $144.2M
- Cost of revenue
- $101.5M
- Gross profit
- $42.7M
- Operating expenses
- $59.6M
- Operating income
- -$16.8M
- Income tax
- $102.0K
- Net income
- -$231.1M
- EPS (basic)
- $-1.16
- EPS (diluted)
- $-1.16
Balance sheet
- Total assets
- $1.9B
- Current assets
- $430.6M
- Total liabilities
- $1.2B
- Current liabilities
- $558.1M
- Shareholders’ equity
- $497.7M
Cash flow
- Operating cash flow
- -$115.4M
- Investing cash flow
- -$667.7M
- Financing cash flow
- $874.7M
- Net cash flow
- $91.6M
Statements via Polygon.io (SEC filings)
15-minute delayed · data by Polygon.io
Past year
52-week range
- Market cap
- $11.3B
- EPS (diluted)
- $-1.16
- Shares outstanding
- 276.6M
- Open
- —
- Day range
- –
- Prev close
- —
- Volume
- —
- IPO date
- Jul 22, 2002
Market data by Polygon.io · prices are 15-minute delayed
At a glance
- Reported a net loss of $149.3M in FY2025.
- Revenue grew 1587% from FY2022 to FY2025.
- Gross margin of 29.6%, net margin -160.2%.
- Trading 18% below its 52-week high.
Automatically generated from public filings and market data. Informational only — not investment advice or a recommendation to buy or sell any security.
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News about Applied Digital Corp.
News & sentiment via Polygon.io