Applied Digital Corp.
APLDNasdaqCIK 1144879TechnologyFiscal year ends May 31
Latest reported revenue, Q1 FY2027$262.8mRevenue, Q1 FY2027, three months to 2026-08-31$262.8m. XBRL concept
us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-10-07, accession 0001144879-26-000059.Report this figureThree months to Aug 31, 2026, from the 10-Q filed Oct 7, 2026.Latest quarter: Q1 FY2027
Three months to Aug 31, 2026, against the same quarter a year earlier.
- Revenue$262.8mRevenue, Q1 FY2027, three months to 2026-08-31$262.8m. XBRL concept
us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-10-07, accession 0001144879-26-000059.Report this figure+224.7% on a year earlier - Gross marginnot reported (Gross profit not reported)No year-earlier figure to compare
- Operating margin−23.7%Operating margin, Q1 FY2027, three months to 2026-08-31. operating income / revenueOperating income: −$62.4m. XBRL concept
us-gaap:OperatingIncomeLoss. 10-Q filed 2026-10-07, accession 0001144879-26-000059.Revenue: $262.8m. XBRL conceptus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-10-07, accession 0001144879-26-000059.Report this figure−11.7 pts on a year earlier - Net margin−70.0%Net margin, Q1 FY2027, three months to 2026-08-31. net income / revenueNet income: −$184.1m. XBRL concept
us-gaap:NetIncomeLoss. 10-Q filed 2026-10-07, accession 0001144879-26-000059.Revenue: $262.8m. XBRL conceptus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-10-07, accession 0001144879-26-000059.Report this figure−49.1 pts on a year earlier - Diluted EPS−$0.82Diluted EPS, Q1 FY2027, three months to 2026-08-31−$0.82 per share. XBRL concept
us-gaap:EarningsPerShareDiluted. 10-Q filed 2026-10-07, accession 0001144879-26-000059.Report this figure−1071.4% on a year earlier - Free cash flow−$2.01bnFree cash flow, Q1 FY2027, three months to 2026-08-31. operating cash flow − capital expenditureOperating cash flow: $63.9m. XBRL concept
us-gaap:NetCashProvidedByUsedInOperatingActivities. 10-Q filed 2026-10-07, accession 0001144879-26-000059.Capital expenditure: $2.07bn. XBRL conceptus-gaap:PaymentsToAcquireProductiveAssets. 10-Q filed 2026-10-07, accession 0001144879-26-000059.Report this figure−506.7% on a year earlier
Last eight quarters
Full statements| Line item | Unit | Q2 FY20252024-11-30 | Q3 FY20252025-02-28 | Q4 FY20252025-05-31 | Q1 FY20262025-08-31 | Q2 FY20262025-11-30 | Q3 FY20262026-02-28 | Q4 FY20262026-05-31 | Q1 FY20272026-08-31 | Shape over the periods |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $m | 36.2Revenue, Q2 FY2025, three months to 2024-11-30$36.2m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-01-08, accession 0001144879-26-000006.Report this figure | 52.9Revenue, Q3 FY2025, three months to 2025-02-28$52.9m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-04-08, accession 0001144879-26-000030.Report this figure | (33.3)Revenue, Q4 FY2025, three months to 2025-05-31−$33.3m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2025-07-30, accession 0001144879-25-000021. Derived: 12-month figure less the 9-month figure.Report this figure | 80.9Revenue, Q1 FY2026, three months to 2025-08-31$80.9m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-10-07, accession 0001144879-26-000059.Report this figure | 127Revenue, Q2 FY2026, three months to 2025-11-30$126.6m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-01-08, accession 0001144879-26-000006.Report this figure | 127Revenue, Q3 FY2026, three months to 2026-02-28$126.6m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-04-08, accession 0001144879-26-000030.Report this figure | 259Revenue, Q4 FY2026, three months to 2026-05-31$258.7m. XBRL concept us-gaap:Revenues. 10-K filed 2026-07-29, accession 0001144879-26-000048. Derived: 12-month figure less the 9-month figure.Report this figure | 263Revenue, Q1 FY2027, three months to 2026-08-31$262.8m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-10-07, accession 0001144879-26-000059.Report this figure | |
| Gross margin | % | not reported (Gross profit not reported) | not reported (Gross profit not reported) | not reported (Gross profit not reported) | not reported (Gross profit not reported) | not reported (Gross profit not reported) | not reported (Gross profit not reported) | not reported (Gross profit not reported) | not reported (Gross profit not reported) | |
| Operating margin | % | (35.4%)Operating margin, Q2 FY2025, three months to 2024-11-30. operating income / revenueOperating income: −$12.8m. XBRL concept us-gaap:OperatingIncomeLoss. 10-Q filed 2026-01-08, accession 0001144879-26-000006.Revenue: $36.2m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-01-08, accession 0001144879-26-000006.Report this figure | (35.8%)Operating margin, Q3 FY2025, three months to 2025-02-28. operating income / revenueOperating income: −$18.9m. XBRL concept us-gaap:OperatingIncomeLoss. 10-Q filed 2026-04-08, accession 0001144879-26-000030.Revenue: $52.9m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-04-08, accession 0001144879-26-000030.Report this figure | 132.4%Operating margin, Q4 FY2025, three months to 2025-05-31. operating income / revenueOperating income: −$44.1m. XBRL concept us-gaap:OperatingIncomeLoss. 10-K filed 2026-07-29, accession 0001144879-26-000048. Derived: 12-month figure less the 9-month figure.Revenue: −$33.3m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2025-07-30, accession 0001144879-25-000021. Derived: 12-month figure less the 9-month figure.Report this figure | (12.1%)Operating margin, Q1 FY2026, three months to 2025-08-31. operating income / revenueOperating income: −$9.8m. XBRL concept us-gaap:OperatingIncomeLoss. 10-Q filed 2026-10-07, accession 0001144879-26-000059.Revenue: $80.9m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-10-07, accession 0001144879-26-000059.Report this figure | (24.5%)Operating margin, Q2 FY2026, three months to 2025-11-30. operating income / revenueOperating income: −$31.0m. XBRL concept us-gaap:OperatingIncomeLoss. 10-Q filed 2026-01-08, accession 0001144879-26-000006.Revenue: $126.6m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-01-08, accession 0001144879-26-000006.Report this figure | (67.6%)Operating margin, Q3 FY2026, three months to 2026-02-28. operating income / revenueOperating income: −$85.7m. XBRL concept us-gaap:OperatingIncomeLoss. 10-Q filed 2026-04-08, accession 0001144879-26-000030.Revenue: $126.6m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-04-08, accession 0001144879-26-000030.Report this figure | (48.2%)Operating margin, Q4 FY2026, three months to 2026-05-31. operating income / revenueOperating income: −$124.8m. XBRL concept us-gaap:OperatingIncomeLoss. 10-K filed 2026-07-29, accession 0001144879-26-000048. Derived: 12-month figure less the 9-month figure.Revenue: $258.7m. XBRL concept us-gaap:Revenues. 10-K filed 2026-07-29, accession 0001144879-26-000048. Derived: 12-month figure less the 9-month figure.Report this figure | (23.7%)Operating margin, Q1 FY2027, three months to 2026-08-31. operating income / revenueOperating income: −$62.4m. XBRL concept us-gaap:OperatingIncomeLoss. 10-Q filed 2026-10-07, accession 0001144879-26-000059.Revenue: $262.8m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-10-07, accession 0001144879-26-000059.Report this figure | |
| Net margin | % | (383.6%)Net margin, Q2 FY2025, three months to 2024-11-30. net income / revenueNet income: −$138.7m. XBRL concept us-gaap:NetIncomeLoss. 10-Q filed 2026-01-08, accession 0001144879-26-000006.Revenue: $36.2m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-01-08, accession 0001144879-26-000006.Report this figure | (67.2%)Net margin, Q3 FY2025, three months to 2025-02-28. net income / revenueNet income: −$35.6m. XBRL concept us-gaap:ProfitLoss. 10-Q filed 2026-04-08, accession 0001144879-26-000030.Revenue: $52.9m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-04-08, accession 0001144879-26-000030.Report this figure | 157.8%Net margin, Q4 FY2025, three months to 2025-05-31. net income / revenueNet income: −$52.5m. XBRL concept us-gaap:ProfitLoss. 10-K filed 2026-07-29, accession 0001144879-26-000048. Derived: 12-month figure less the 9-month figure.Revenue: −$33.3m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2025-07-30, accession 0001144879-25-000021. Derived: 12-month figure less the 9-month figure.Report this figure | (20.9%)Net margin, Q1 FY2026, three months to 2025-08-31. net income / revenueNet income: −$16.9m. XBRL concept us-gaap:NetIncomeLoss. 10-Q filed 2026-10-07, accession 0001144879-26-000059.Revenue: $80.9m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-10-07, accession 0001144879-26-000059.Report this figure | (11.4%)Net margin, Q2 FY2026, three months to 2025-11-30. net income / revenueNet income: −$14.4m. XBRL concept us-gaap:NetIncomeLoss. 10-Q filed 2026-01-08, accession 0001144879-26-000006.Revenue: $126.6m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-01-08, accession 0001144879-26-000006.Report this figure | (55.7%)Net margin, Q3 FY2026, three months to 2026-02-28. net income / revenueNet income: −$70.6m. XBRL concept us-gaap:ProfitLoss. 10-Q filed 2026-04-08, accession 0001144879-26-000030.Revenue: $126.6m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-04-08, accession 0001144879-26-000030.Report this figure | (31.8%)Net margin, Q4 FY2026, three months to 2026-05-31. net income / revenueNet income: −$82.4m. XBRL concept us-gaap:ProfitLoss. 10-K filed 2026-07-29, accession 0001144879-26-000048. Derived: 12-month figure less the 9-month figure.Revenue: $258.7m. XBRL concept us-gaap:Revenues. 10-K filed 2026-07-29, accession 0001144879-26-000048. Derived: 12-month figure less the 9-month figure.Report this figure | (70.0%)Net margin, Q1 FY2027, three months to 2026-08-31. net income / revenueNet income: −$184.1m. XBRL concept us-gaap:NetIncomeLoss. 10-Q filed 2026-10-07, accession 0001144879-26-000059.Revenue: $262.8m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-10-07, accession 0001144879-26-000059.Report this figure | |
| Diluted EPS | $ per share | (0.66)Diluted EPS, Q2 FY2025, three months to 2024-11-30−$0.66 per share. XBRL concept us-gaap:EarningsPerShareDiluted. 10-Q filed 2026-01-08, accession 0001144879-26-000006.Report this figure | (0.16)Diluted EPS, Q3 FY2025, three months to 2025-02-28−$0.16 per share. XBRL concept us-gaap:EarningsPerShareDiluted. 10-Q filed 2026-04-08, accession 0001144879-26-000030.Report this figure | not reported (Diluted EPS not reported) | (0.07)Diluted EPS, Q1 FY2026, three months to 2025-08-31−$0.07 per share. XBRL concept us-gaap:EarningsPerShareDiluted. 10-Q filed 2026-10-07, accession 0001144879-26-000059.Report this figure | (0.07)Diluted EPS, Q2 FY2026, three months to 2025-11-30−$0.07 per share. XBRL concept us-gaap:EarningsPerShareDiluted. 10-Q filed 2026-01-08, accession 0001144879-26-000006.Report this figure | (0.36)Diluted EPS, Q3 FY2026, three months to 2026-02-28−$0.36 per share. XBRL concept us-gaap:EarningsPerShareDiluted. 10-Q filed 2026-04-08, accession 0001144879-26-000030.Report this figure | not reported (Diluted EPS not reported) | (0.82)Diluted EPS, Q1 FY2027, three months to 2026-08-31−$0.82 per share. XBRL concept us-gaap:EarningsPerShareDiluted. 10-Q filed 2026-10-07, accession 0001144879-26-000059.Report this figure | |
| Free cash flow | $m | (223)Free cash flow, Q2 FY2025, three months to 2024-11-30. operating cash flow − capital expenditureOperating cash flow: −$52.3m. XBRL concept us-gaap:NetCashProvidedByUsedInOperatingActivities. 10-Q filed 2026-01-08, accession 0001144879-26-000006. Derived: 6-month figure less the 3-month figure.Capital expenditure: $171.0m. XBRL concept us-gaap:PaymentsToAcquireProductiveAssets. 10-Q filed 2026-01-08, accession 0001144879-26-000006. Derived: 6-month figure less the 3-month figure.Report this figure | (252)Free cash flow, Q3 FY2025, three months to 2025-02-28. operating cash flow − capital expenditureOperating cash flow: $5.9m. XBRL concept us-gaap:NetCashProvidedByUsedInOperatingActivities. 10-Q filed 2026-04-08, accession 0001144879-26-000030. Derived: 9-month figure less the 6-month figure.Capital expenditure: $257.5m. XBRL concept us-gaap:PaymentsToAcquireProductiveAssets. 10-Q filed 2026-04-08, accession 0001144879-26-000030. Derived: 9-month figure less the 6-month figure.Report this figure | (191)Free cash flow, Q4 FY2025, three months to 2025-05-31. operating cash flow − capital expenditureOperating cash flow: $6.9m. XBRL concept us-gaap:NetCashProvidedByUsedInOperatingActivities. 10-K filed 2026-07-29, accession 0001144879-26-000048. Derived: 12-month figure less the 9-month figure.Capital expenditure: $198.3m. XBRL concept us-gaap:PaymentsToAcquireProductiveAssets. 10-K filed 2026-07-29, accession 0001144879-26-000048. Derived: 12-month figure less the 9-month figure.Report this figure | (331)Free cash flow, Q1 FY2026, three months to 2025-08-31. operating cash flow − capital expenditureOperating cash flow: −$81.5m. XBRL concept us-gaap:NetCashProvidedByUsedInOperatingActivities. 10-Q filed 2026-10-07, accession 0001144879-26-000059.Capital expenditure: $249.9m. XBRL concept us-gaap:PaymentsToAcquireProductiveAssets. 10-Q filed 2026-10-07, accession 0001144879-26-000059.Report this figure | (568)Free cash flow, Q2 FY2026, three months to 2025-11-30. operating cash flow − capital expenditureOperating cash flow: −$16.3m. XBRL concept us-gaap:NetCashProvidedByUsedInOperatingActivities. 10-Q filed 2026-01-08, accession 0001144879-26-000006. Derived: 6-month figure less the 3-month figure.Capital expenditure: $551.6m. XBRL concept us-gaap:PaymentsToAcquireProductiveAssets. 10-Q filed 2026-01-08, accession 0001144879-26-000006. Derived: 6-month figure less the 3-month figure.Report this figure | (720)Free cash flow, Q3 FY2026, three months to 2026-02-28. operating cash flow − capital expenditureOperating cash flow: $55.0m. XBRL concept us-gaap:NetCashProvidedByUsedInOperatingActivities. 10-Q filed 2026-04-08, accession 0001144879-26-000030. Derived: 9-month figure less the 6-month figure.Capital expenditure: $775.2m. XBRL concept us-gaap:PaymentsToAcquireProductiveAssets. 10-Q filed 2026-04-08, accession 0001144879-26-000030. Derived: 9-month figure less the 6-month figure.Report this figure | (1,157)Free cash flow, Q4 FY2026, three months to 2026-05-31. operating cash flow − capital expenditureOperating cash flow: $132.5m. XBRL concept us-gaap:NetCashProvidedByUsedInOperatingActivities. 10-K filed 2026-07-29, accession 0001144879-26-000048. Derived: 12-month figure less the 9-month figure.Capital expenditure: $1.29bn. XBRL concept us-gaap:PaymentsToAcquireProductiveAssets. 10-K filed 2026-07-29, accession 0001144879-26-000048. Derived: 12-month figure less the 9-month figure.Report this figure | (2,011)Free cash flow, Q1 FY2027, three months to 2026-08-31. operating cash flow − capital expenditureOperating cash flow: $63.9m. XBRL concept us-gaap:NetCashProvidedByUsedInOperatingActivities. 10-Q filed 2026-10-07, accession 0001144879-26-000059.Capital expenditure: $2.07bn. XBRL concept us-gaap:PaymentsToAcquireProductiveAssets. 10-Q filed 2026-10-07, accession 0001144879-26-000059.Report this figure |
Focus or hover a figure to see its XBRL concept, period and filing; each links to that filing. A figure marked d is derived: a quarter computed from year-to-date figures, such as the fourth quarter as the fiscal year less the nine months before it. A ratio reads not reported when any input is missing.
Last five fiscal years
| Line item | Unit | FY20222022-05-31 | FY20232023-05-31 | FY20242024-05-31 | FY20252025-05-31 | FY20262026-05-31 | Shape over the periods |
|---|---|---|---|---|---|---|---|
| Revenue | $m | 8.5Revenue, FY2022, twelve months to 2022-05-31$8.5m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2023-08-02, accession 0001144879-23-000176.Report this figure | 55.4Revenue, FY2023, twelve months to 2023-05-31$55.4m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2025-07-30, accession 0001144879-25-000021.Report this figure | 137Revenue, FY2024, twelve months to 2024-05-31$136.6m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2025-07-30, accession 0001144879-25-000021.Report this figure | 144Revenue, FY2025, twelve months to 2025-05-31$144.2m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2025-07-30, accession 0001144879-25-000021.Report this figure | 611Revenue, FY2026, twelve months to 2026-05-31$611.3m. XBRL concept us-gaap:Revenues. 10-K filed 2026-07-29, accession 0001144879-26-000048.Report this figure | |
| Gross margin | % | (11.2%)Gross margin, FY2022, twelve months to 2022-05-31. gross profit / revenueGross profit: −$957.0k. XBRL concept us-gaap:GrossProfit. 10-K filed 2023-08-02, accession 0001144879-23-000176.Revenue: $8.5m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2023-08-02, accession 0001144879-23-000176.Report this figure | 19.9%Gross margin, FY2023, twelve months to 2023-05-31. gross profit / revenueGross profit: $11.0m. XBRL concept us-gaap:GrossProfit. 10-K filed 2023-08-02, accession 0001144879-23-000176.Revenue: $55.4m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2025-07-30, accession 0001144879-25-000021.Report this figure | not reported (Gross profit not reported) | not reported (Gross profit not reported) | not reported (Gross profit not reported) | |
| Operating margin | % | (244.4%)Operating margin, FY2022, twelve months to 2022-05-31. operating income / revenueOperating income: −$20.9m. XBRL concept us-gaap:OperatingIncomeLoss. 10-K filed 2023-08-02, accession 0001144879-23-000176.Revenue: $8.5m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2023-08-02, accession 0001144879-23-000176.Report this figure | (77.5%)Operating margin, FY2023, twelve months to 2023-05-31. operating income / revenueOperating income: −$42.9m. XBRL concept us-gaap:OperatingIncomeLoss. 10-K filed 2025-07-30, accession 0001144879-25-000021.Revenue: $55.4m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2025-07-30, accession 0001144879-25-000021.Report this figure | (72.0%)Operating margin, FY2024, twelve months to 2024-05-31. operating income / revenueOperating income: −$98.3m. XBRL concept us-gaap:OperatingIncomeLoss. 10-K filed 2026-07-29, accession 0001144879-26-000048.Revenue: $136.6m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2025-07-30, accession 0001144879-25-000021.Report this figure | (50.1%)Operating margin, FY2025, twelve months to 2025-05-31. operating income / revenueOperating income: −$72.2m. XBRL concept us-gaap:OperatingIncomeLoss. 10-K filed 2026-07-29, accession 0001144879-26-000048.Revenue: $144.2m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2025-07-30, accession 0001144879-25-000021.Report this figure | (38.7%)Operating margin, FY2026, twelve months to 2026-05-31. operating income / revenueOperating income: −$236.5m. XBRL concept us-gaap:OperatingIncomeLoss. 10-K filed 2026-07-29, accession 0001144879-26-000048.Revenue: $611.3m. XBRL concept us-gaap:Revenues. 10-K filed 2026-07-29, accession 0001144879-26-000048.Report this figure | |
| Net margin | % | (275.1%)Net margin, FY2022, twelve months to 2022-05-31. net income / revenueNet income: −$23.5m. XBRL concept us-gaap:NetIncomeLoss. 10-K filed 2023-08-02, accession 0001144879-23-000176.Revenue: $8.5m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2023-08-02, accession 0001144879-23-000176.Report this figure | (80.6%)Net margin, FY2023, twelve months to 2023-05-31. net income / revenueNet income: −$44.6m. XBRL concept us-gaap:NetIncomeLoss. 10-K filed 2024-08-30, accession 0001144879-24-000216.Revenue: $55.4m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2025-07-30, accession 0001144879-25-000021.Report this figure | (109.3%)Net margin, FY2024, twelve months to 2024-05-31. net income / revenueNet income: −$149.3m. XBRL concept us-gaap:NetIncomeLoss. 10-K filed 2024-08-30, accession 0001144879-24-000216.Revenue: $136.6m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2025-07-30, accession 0001144879-25-000021.Report this figure | (160.2%)Net margin, FY2025, twelve months to 2025-05-31. net income / revenueNet income: −$231.1m. XBRL concept us-gaap:ProfitLoss. 10-K filed 2026-07-29, accession 0001144879-26-000048.Revenue: $144.2m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2025-07-30, accession 0001144879-25-000021.Report this figure | (30.2%)Net margin, FY2026, twelve months to 2026-05-31. net income / revenueNet income: −$184.3m. XBRL concept us-gaap:ProfitLoss. 10-K filed 2026-07-29, accession 0001144879-26-000048.Revenue: $611.3m. XBRL concept us-gaap:Revenues. 10-K filed 2026-07-29, accession 0001144879-26-000048.Report this figure | |
| Diluted EPS | $ per share | (0.41)Diluted EPS, FY2022, twelve months to 2022-05-31−$0.41 per share. XBRL concept us-gaap:EarningsPerShareDiluted. 10-K filed 2023-08-02, accession 0001144879-23-000176.Report this figure | (0.47)Diluted EPS, FY2023, twelve months to 2023-05-31−$0.47 per share. XBRL concept us-gaap:EarningsPerShareDiluted. 10-K filed 2025-07-30, accession 0001144879-25-000021.Report this figure | (1.31)Diluted EPS, FY2024, twelve months to 2024-05-31−$1.31 per share. XBRL concept us-gaap:EarningsPerShareDiluted. 10-K filed 2026-07-29, accession 0001144879-26-000048.Report this figure | (1.16)Diluted EPS, FY2025, twelve months to 2025-05-31−$1.16 per share. XBRL concept us-gaap:EarningsPerShareDiluted. 10-K filed 2026-07-29, accession 0001144879-26-000048.Report this figure | (0.91)Diluted EPS, FY2026, twelve months to 2026-05-31−$0.91 per share. XBRL concept us-gaap:EarningsPerShareDiluted. 10-K filed 2026-07-29, accession 0001144879-26-000048.Report this figure | |
| Free cash flow | $m | (59.1)Free cash flow, FY2022, twelve months to 2022-05-31. operating cash flow − capital expenditureOperating cash flow: −$872.0k. XBRL concept us-gaap:NetCashProvidedByUsedInOperatingActivities. 10-K filed 2023-08-02, accession 0001144879-23-000176.Capital expenditure: $58.3m. XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. 10-K filed 2022-08-29, accession 0001628280-22-023816.Report this figure | (72.5)Free cash flow, FY2023, twelve months to 2023-05-31. operating cash flow − capital expenditureOperating cash flow: $58.7m. XBRL concept us-gaap:NetCashProvidedByUsedInOperatingActivities. 10-K filed 2025-07-30, accession 0001144879-25-000021.Capital expenditure: $131.3m. XBRL concept us-gaap:PaymentsToAcquireProductiveAssets. 10-K filed 2025-07-30, accession 0001144879-25-000021.Report this figure | (128)Free cash flow, FY2024, twelve months to 2024-05-31. operating cash flow − capital expenditureOperating cash flow: $13.8m. XBRL concept us-gaap:NetCashProvidedByUsedInOperatingActivities. 10-K filed 2026-07-29, accession 0001144879-26-000048.Capital expenditure: $141.8m. XBRL concept us-gaap:PaymentsToAcquireProductiveAssets. 10-K filed 2026-07-29, accession 0001144879-26-000048.Report this figure | (797)Free cash flow, FY2025, twelve months to 2025-05-31. operating cash flow − capital expenditureOperating cash flow: −$115.4m. XBRL concept us-gaap:NetCashProvidedByUsedInOperatingActivities. 10-K filed 2026-07-29, accession 0001144879-26-000048.Capital expenditure: $681.6m. XBRL concept us-gaap:PaymentsToAcquireProductiveAssets. 10-K filed 2026-07-29, accession 0001144879-26-000048.Report this figure | (2,776)Free cash flow, FY2026, twelve months to 2026-05-31. operating cash flow − capital expenditureOperating cash flow: $89.7m. XBRL concept us-gaap:NetCashProvidedByUsedInOperatingActivities. 10-K filed 2026-07-29, accession 0001144879-26-000048.Capital expenditure: $2.87bn. XBRL concept us-gaap:PaymentsToAcquireProductiveAssets. 10-K filed 2026-07-29, accession 0001144879-26-000048.Report this figure |
Focus or hover a figure to see its XBRL concept, period and filing; each links to that filing. A figure marked d is derived: a quarter computed from year-to-date figures, such as the fourth quarter as the fiscal year less the nine months before it. A ratio reads not reported when any input is missing.
Insider purchases and sales
All insider transactionsThe last 20 open-market transactions reported on Form 4 (codes P and S). The reported price is the price per share the insider stated on the form: filing data, not a market price.
No open-market purchases or sales by insiders are in coverage from Dec 2024 to Nov 2026.
No open-market purchases or sales by insiders are in coverage for this company.
Funds that report holding it
All fundsFrom each manager's latest Form 13F, largest reported value first. Reported value is as filed at the quarter end: filing data, not a price. A put or call is an option position, not shares held.
| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
|---|---|---|---|---|---|
| Hood River Capital Management LLC | 2026-06-30 | $840.0m | 22,518,887 | Reduced−556,725 | |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 2026-06-30 | $512.1m | 13,728,812 | Reduced−1,078,983 | |
| BlackRock, Inc. | 2026-06-30 | $498.9m | 13,375,070 | Reduced−7,521,031 | |
| Situational Awareness LP | 2026-06-30 | $469.0m | 15,384,616 | Added+1,906,178 | |
| VANGUARD CAPITAL MANAGEMENT LLC | 2026-06-30 | $431.0m | 11,555,819 | Added+780,138 | |
| TWO SIGMA INVESTMENTS, LP | 2026-06-30 | $384.2m | 10,299,117 | Added+8,706,515 | |
| JANE STREET GROUP, LLC | 2026-06-30 | $364.1m | 9,762,700 | Call | Added+1,073,000 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | 2026-06-30 | $337.3m | 9,043,600 | Call | Added+1,422,100 |
| Situational Awareness Partners LP | 2026-03-31 | $320.0m | 13,478,438 | Not compared | |
| EQUITEC PROPRIETARY MARKETS, LLC | 2026-06-30 | $312.3m | 8,373,964 | New+8,373,964 |
Recent filings
All 644 filingsReports and events: 10-K, 10-Q, 8-K, proxy statements and ownership schedules.
| Filed | Form | What it is | Accession number |
|---|---|---|---|
| 2026-10-0721:19 ET | 10-Q | Quarterly reportPeriod 2026-08-31 | 0001144879-26-000059 |
| 2026-10-0720:43 ET | 8-K | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001144879-26-000057 |
| 2026-09-2520:30 ET | DEF 14A | Proxy statementPeriod 2026-09-25 | 0001493152-26-044325 |
| 2026-07-2920:07 ET | 10-K | Annual reportPeriod 2026-05-31 | 0001144879-26-000048 |
| 2026-07-2721:04 ET | 8-K | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001144879-26-000044 |
| 2026-07-0801:41 ET | SCHEDULE 13D/A | Ownership report, active investor, amended | 0001493152-26-032572 |
| 2026-06-2601:30 ET | SCHEDULE 13D/A | Ownership report, active investor, amended | 0001493152-26-030373 |
| 2026-06-2621:03 ET | 8-K | 1.01 Entry into a material agreement; 2.03 New direct financial obligation; 3.02 Unregistered sale of equity; 9.01 Financial statements and exhibits | 0001493152-26-030333 |
| 2026-06-1712:01 ET | 8-K/A | 1.01 Entry into a material agreement | 0001493152-26-028993 |
| 2026-06-1620:30 ET | 8-K | 1.01 Entry into a material agreement; 2.03 New direct financial obligation; 9.01 Financial statements and exhibits | 0001493152-26-028899 |
Latest annual report
Form 10-K for the fiscal year ended May 31, 2026Filed Jul 29, 2026. Its page lists the documents and the extracted sections, such as Business and Risk factors.
Forecast league
Not in this season’s league. The league lists companies whose quarter has ended and whose results are not yet filed.This season’s league
About the filer
- CIK
- 1144879
- Tickers
- APLD
- Exchange
- Nasdaq
- SIC code
- 7374 Services-Computer Processing & Data Preparation
- Sector
- Technology
- Fiscal year ends
- May 31
- Incorporated in
- NV
- Filer category
- Large accelerated filer
- Former names
- Applied Digital Corp. (to 2026-10-19); Applied Blockchain, Inc. (to 2023-02-08); Applied Science Products, Inc. (to 2020-12-22); FLIGHT SAFETY TECHNOLOGIES INC (to 2011-01-18); REEL STAFF INC (to 2002-09-13)
Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:34 ET. Listed shows no prices and gives no investment advice.