APLD — Applied Digital Corporation
NASDAQ · Technology · Information Technology Services
$24.07
-$0.22 (-0.90%)
Applied Digital Corporation (APLD) is a information technology services company listed on NASDAQ. It is led by Wesley Cummins, based in 3811 Turtle Creek Boulevard, Dallas, TX, United States, 75219, with about 150 employees. Applied Digital Corporation designs, develops, and operates digital infrastructure solutions and cloud services high-performance computing (HPC) and artificial intelligence industries in North America. It operates through three segments: Data Center Hosting Business, Cloud Services Business, and HPC Hosting Business. The company offers infrastructure services to crypto mining customers; and GPU computing solutions for critical workloads related to AI, machine learning, and other HPC tasks. It also engages in the designing, constructing, and managing of data centers to support HPC applications. The company was formerly known as Applied Blockchain, Inc. and changed its name to Applied Digital Corporation in November 2022. Applied Digital Corporation is based in Dallas, Texas.
Latest reported APLD revenue for 2025-08-31 was $64.2M. Net income was -$16.9M. Revenue was down 55.5% from 2025-05-31 to 2025-08-31. APLD currently screens at market cap $2.10B.
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About Applied Digital Corporation
Applied Digital Corporation designs, develops, and operates digital infrastructure solutions and cloud services high-performance computing (HPC) and artificial intelligence industries in North America. It operates through three segments: Data Center Hosting Business, Cloud Services Business, and HPC Hosting Business. The company offers infrastructure services to crypto mining customers; and GPU computing solutions for critical workloads related to AI, machine learning, and other HPC tasks. It also engages in the designing, constructing, and managing of data centers to support HPC applications. The company was formerly known as Applied Blockchain, Inc. and changed its name to Applied Digital Corporation in November 2022. Applied Digital Corporation is based in Dallas, Texas.
APLD Key Statistics
Market Cap
$2.10B
Volume
3.24M
Previous Close
$26.89
Day Range
$27.08 – $28.27
EPS
-$1.16
Revenue
$144.19M
Net Income
-$231.06M
Gross Profit
$0.00
Free Cash Flow
$0.00
Revenue Growth
+5.5%
Profit Margin
-160.2%
Employees
150
APLD Financials
Annual income statement in USD. Latest reported periods first.
| Line | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Revenue | $144.19M | $136.62M | $55.39M | $8.55M |
| Cost of Revenue | $0.00 | $0.00 | $0.00 | $0.00 |
| Gross Profit | $0.00 | $0.00 | $0.00 | $0.00 |
| Operating Income | $0.00 | $0.00 | $0.00 | $0.00 |
| Net Income | -$231.06M | -$149.67M | -$45.61M | -$23.53M |
| EPS (Diluted) | -$1.16 | -$1.31 | -$0.47 | -$0.41 |
Total Assets
$1.87B
Total Debt
$0.00
Shareholders' Equity
$0.00
Cash & Equivalents
$41.55M
Operating Cash Flow
-$115.40M
Free Cash Flow
$0.00
Applied Digital Corporation Company Information
- Chairman, CEO, President, Secretary & Treasurer
- Wesley Cummins
- Headquarters
- 3811 Turtle Creek Boulevard, Dallas, TX, United States, 75219
- Website
- applieddigital.com
- Phone
- 214 427 1704
- IPO / Founded
- 2002-07-22
- Sector
- Technology
- Industry
- Information Technology Services