Applied Digital Corporation

NasdaqGS:APLD Stock Report

Market Cap: US$10.0b

Applied Digital Past Earnings Performance

Past criteria checks 0/6

Applied Digital's earnings have been declining at an average annual rate of -62.1%, while the IT industry saw earnings growing at 7.7% annually. Revenues have been growing at an average rate of 50.3% per year.

Key information

-62.10%

Earnings growth rate

-11.74%

EPS growth rate

IT Industry Growth22.43%
Revenue growth rate50.32%
Return on equity-18.23%
Net Margin-117.91%
Last Earnings Update31 Aug 2025

Recent past performance updates

Recent updates

Applied Digital: The Overlooked Powerhouse Behind The AI Boom

Oct 16

Why Investors Shouldn't Be Surprised By Applied Digital Corporation's (NASDAQ:APLD) 28% Share Price Surge

Aug 31
Why Investors Shouldn't Be Surprised By Applied Digital Corporation's (NASDAQ:APLD) 28% Share Price Surge

What You Can Learn From Applied Digital Corporation's (NASDAQ:APLD) P/S After Its 30% Share Price Crash

Jul 08
What You Can Learn From Applied Digital Corporation's (NASDAQ:APLD) P/S After Its 30% Share Price Crash

Why Investors Shouldn't Be Surprised By Applied Digital Corporation's (NASDAQ:APLD) 63% Share Price Surge

May 16
Why Investors Shouldn't Be Surprised By Applied Digital Corporation's (NASDAQ:APLD) 63% Share Price Surge

Applied Digital: REIT Focus Is A Strategic Pivot For Growth

Apr 16

Applied Digital Corporation (NASDAQ:APLD) Shares Slammed 28% But Getting In Cheap Might Be Difficult Regardless

Mar 31
Applied Digital Corporation (NASDAQ:APLD) Shares Slammed 28% But Getting In Cheap Might Be Difficult Regardless
User avatar

400-Megawatt Ellendale Campus Will Increase HPC Capacity For AI

Strategic partnerships and extended financing improve Applied Digital's capital resources for expansion in high-performance computing and data center projects.

Applied Digital: A High-Risk Lottery Ticket In The AI Infrastructure Gold Rush

Mar 08

Applied Digital: Assessing The Macquarie Deal And FY Q2-25 Earnings

Jan 15

Applied Digital: Building A Starter Position On This High Growth Play

Jan 06

Applied Digital: A Generational Opportunity In The HPC Data Center Industry

Dec 31

After Leaping 56% Applied Digital Corporation (NASDAQ:APLD) Shares Are Not Flying Under The Radar

Dec 02
After Leaping 56% Applied Digital Corporation (NASDAQ:APLD) Shares Are Not Flying Under The Radar

Applied Digital: Q4 2024 Earnings And Nvidia Investment

Sep 06

Applied Digital: An Alternative Way To Invest In AI Infrastructure

Jul 09

Applied Digital: A Growing List Of Challenges

Apr 12

Revenue & Expenses Breakdown

How Applied Digital makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NasdaqGS:APLD Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Aug 25174-2051010
31 May 25144-161830
28 Feb 25166-149420
30 Nov 24157-175490
31 Aug 24135-47400
31 May 24137-74450
29 Feb 24144-91800
30 Nov 23115-35600
31 Aug 2385-52670
31 May 2355-44540
28 Feb 2341-43450
30 Nov 2228-38360
31 Aug 2215-13100
31 May 229-22190
28 Feb 221-18150
30 Nov 210-16150
31 Aug 210-15130
31 May 210-100

Quality Earnings: APLD is currently unprofitable.

Growing Profit Margin: APLD is currently unprofitable.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: APLD is unprofitable, and losses have increased over the past 5 years at a rate of 62.1% per year.

Accelerating Growth: Unable to compare APLD's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: APLD is unprofitable, making it difficult to compare its past year earnings growth to the IT industry (11%).


Return on Equity

High ROE: APLD has a negative Return on Equity (-18.23%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/10/21 08:18
End of Day Share Price 2025/10/21 00:00
Earnings2025/08/31
Annual Earnings2025/05/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Applied Digital Corporation is covered by 11 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Nicholas GilesB. Riley Securities, Inc.
Gregory MillerCitizens JMP Securities, LLC
Joseph FlynnCompass Point Research & Trading, LLC