APPLIED DIGITAL CORPORATION (APLD)

25.34 -7.65% (-2.10)

Over 1M: -7.5%

2026-08-28
Style
Area Line Line with markers Steps Candles Hollow candles Bars

Candles need the day’s open, high and low. Those are being collected now — a company shows them once its history has been refreshed.

26 28 30
31 Jul 5 Aug 10 Aug 13 Aug 18 Aug 21 Aug 26 Aug

Financials Quarterly

Figures
Revenue Gross Profit Operating Income Cost of Revenue Operating Cash Flow Free Cash Flow Net Income

A share count and earnings a share are not here: neither is money, so neither can share this axis. Both have their own panel on All charts.

All charts ›
Q1 '22 — Revenue: 0 Q1 '22 — Operating Cash Flow: -1.4M Q1 '22 — Free Cash Flow: -2.4M Q1 '22 — Net Income: -14.1M Q2 '22 — Revenue: 0 Q2 '22 — Operating Cash Flow: 3.8M Q2 '22 — Free Cash Flow: -5.6M Q2 '22 — Net Income: -171K Q3 '22 — Revenue: 1M Q3 '22 — Operating Cash Flow: 1.9M Q3 '22 — Free Cash Flow: -16M Q3 '22 — Net Income: -6.4M Q4 '22 — Revenue: 7.5M Q4 '22 — Operating Cash Flow: 6M Q4 '22 — Free Cash Flow: -24.1M Q4 '22 — Net Income: -2.8M Q1 '23 — Revenue: 6.9M Q1 '23 — Operating Cash Flow: 17.3M Q1 '23 — Free Cash Flow: -15.8M Q1 '23 — Net Income: -4.5M Q2 '23 — Revenue: 12.3M Q2 '23 — Operating Cash Flow: 10.7M Q2 '23 — Free Cash Flow: -26.5M Q2 '23 — Net Income: -26.6M Q3 '23 — Revenue: 14.1M Q3 '23 — Operating Cash Flow: 26.2M Q3 '23 — Free Cash Flow: 256K Q3 '23 — Net Income: -7M Q4 '23 — Revenue: 22M Q4 '23 — Operating Cash Flow: 4.6M Q4 '23 — Free Cash Flow: -30.5M Q4 '23 — Net Income: -6.5M Q1 '24 — Revenue: 36.3M Q1 '24 — Operating Cash Flow: 4.5M Q1 '24 — Free Cash Flow: -71.1M Q1 '24 — Net Income: -11.5M Q2 '24 — Revenue: 42.2M Q2 '24 — Operating Cash Flow: 4.5M Q2 '24 — Free Cash Flow: -8.7M Q2 '24 — Net Income: -10.5M Q3 '24 — Revenue: 43.3M Q3 '24 — Operating Cash Flow: 36.3M Q3 '24 — Free Cash Flow: -2.3M Q3 '24 — Net Income: -62.8M Q4 '24 — Revenue: 14.7M Q4 '24 — Net Income: -64.5M Q1 '25 — Revenue: 34.8M Q1 '25 — Operating Cash Flow: -75.9M Q1 '25 — Free Cash Flow: -130.7M Q1 '25 — Net Income: -4.2M Q2 '25 — Revenue: 36.2M Q2 '25 — Operating Cash Flow: -52.3M Q2 '25 — Free Cash Flow: -223.3M Q2 '25 — Net Income: -138.7M Q3 '25 — Revenue: 52.9M Q3 '25 — Operating Cash Flow: 5.9M Q3 '25 — Free Cash Flow: -251.6M Q3 '25 — Net Income: -35.6M Q4 '25 — Revenue: 20.3M Q4 '25 — Operating Cash Flow: 6.9M Q4 '25 — Free Cash Flow: -191.4M Q4 '25 — Net Income: -52.5M Q1 '26 — Revenue: 64.2M Q1 '26 — Operating Cash Flow: -82M Q1 '26 — Free Cash Flow: -331.4M Q1 '26 — Net Income: -16.9M Q2 '26 — Revenue: 126.6M Q2 '26 — Operating Cash Flow: -15.8M Q2 '26 — Free Cash Flow: -567.9M Q2 '26 — Net Income: -14.4M Q3 '26 — Revenue: 126.6M Q3 '26 — Operating Cash Flow: 55M Q3 '26 — Free Cash Flow: -720.2M Q3 '26 — Net Income: -70.6M Q4 '26 — Revenue: 293.9M Q4 '26 — Operating Cash Flow: 132.5M Q4 '26 — Free Cash Flow: -1.2B Q4 '26 — Net Income: -82.4M -900M -600M -300M 0 300M
Q2 '22 Q1 '23 Q4 '23 Q3 '24 Q2 '25 Q1 '26 Q4 '26
Revenue Operating Cash Flow Free Cash Flow Net Income

Figures as at 2026-05-31, reported in USD. The newest fact in the filings is dated 2026-05-31, 91 days ago. Nothing on this page is advice.

How it scores

Five questions, each answered by the measures under it. Every figure is the company's own; the bar beside it is where that figure sits among the companies read here — the top fifth, the bottom fifth, or somewhere between. Not among all listed companies, and for a valuation multiple the low end is the good end.

Quality

How much of the revenue is really kept — and what did it take to earn it?

0.7
SBC / sales 36.0%
OE margin -490.1%
Oper. margin -43.1%
ROIC -104.1%
Accruals -2.8%
Gross margin 36.1%
OCF margin 14.7%
Asset turnover 0.062×
Capex / sales 468.8%
EBITDA margin -32.1%
FCF margin -454.1%
Profit margin -30.2%
ROA -1.9%
ROCE -3.0%
ROE -10.7%
OCF / EBIT —

5 of 17 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Valuation

What does the price ask for what the company earns, owns and pays out?

0.5
Div. yield —
EV/EBIT —
EV/GP —
EV/OE —
EV/Sales —
FCF yield —
Fwd P/E —
P/B —
P/C —
P/E —
PEG —

0 of 12 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Durability

How predictable is the revenue, and how much of it is already committed?

3.0
RPO / sales 0.0076×
RPO growth 1148.7%
Segment HHI —

4 of 7 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Resilience

Can the balance sheet absorb a bad year?

6.5
ND/EBITDA —
Interest cover -11.1×
Cash / Debt 21.3×
Debt / Eq 0.044×
Debt payback 0.0 yr
Quick ratio 4.0×
F-score 5.6 pts
Cash runway 0.55 yr
Payout —

3 of 12 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Growth

Is the business getting bigger, and is it getting more profitable?

8.4
Sales CAGR 4Y +190.8%
Sales/sh Y/Y +95.5%
Sales Q/Q +139.3%
Gross profit Y/Y -1249.8%
Shares change +36.8%
Div. growth —
EBIT CAGR —
EBIT Y/Y —
EPS CAGR 4Y —
EPS Y/Y —
EPS next Y —

4 of 13 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

A measure absent from a block could not be computed from this company's filings. It is left out rather than scored as though it were bad, and the dimension is averaged over what remains. A score is measured against a fixed scale this model states; the bar is measured against the other companies, so the two can disagree — and where they do, that disagreement is the more interesting figure.