Applied Digital Corporation designs, develops, and operates digital infrastructure solutions to high-performance computing (HPC) and artificial intelligence industries in North America. It operates through: Data Center Hosting, and HPC Hosting Business. The company provides energized infrastructure services to crypto mining customers; and cloud services to customers, such as AI and machine learning developers. It also engages in the designing, constructing, and operating of data centers to provide computing power and 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.
Applied Digital (APLD) Stock Price & Market Analysis
APLD · NASDAQ · Information Technology Services
Market closedLatest available session print
$25.38
▲ +$1.22(+5.05%)4:00 PM ET - vs previous closeQuote as of Oct 2, 2026, 4:00 PM EDT
Regular-session close · Oct 2, 2026, 4:00 PM EDT.
Yahoo Finance · delayed, minutes not stated · as of Oct 2, 2026, 4:00 PM EDT · current source
Last session28%
$24.82L Oct 2 '26$26.85H Oct 2 '26
52-week range20%
$19.01L Nov 21 '25$50.73H May 28 '26
Long-term rangesAvailable historyHide
Available history(2022-04-13)49%
$0.8500L Jul 13 '22$50.72H May 28 '26
Price history: 2022-04-13–2026-10-02. Earlier trading may not be included. Highs and lows use intraday prices when available, otherwise closing prices. The 52-week range is reported separately by Yahoo Finance.
Loading price chart…
Data dates
PriceAt closeLast traded
FundamentalsLast checked
AnalystLast checked
NewsLatest item
Loading upcoming events…
Reported fundamentals
APLD financial overview
Annual revenue
USD 611.31M
Sales for the fiscal year ended May 31, 2026. This is not trailing twelve-month revenue.
Revenue change
+324.0%
Change versus the fiscal year ended May 31, 2025.
Net profit margin
Not reported
Net income divided by revenue for the fiscal year ended May 31, 2026. This is not the trailing margin.
These reported results describe the business’s recent scale and profitability. Compare cash generation and valuation before forming an investment view; historical growth is not a forecast.
Company · Profile
About Applied Digital (APLD)
Sector, leadership, and how Applied Digital earns its revenue.
Technology
Company · Profile
About Applied Digital (APLD)
Sector, leadership, and how Applied Digital earns its revenue.
Applied Digital
NASDAQ · APLD · US
Company overview as of Oct 5, 2026.
- Sector
- Technology
- Industry
- Information Technology Services
- Headquarters
- Dallas, TX, United States
- Country
- US
- Founded
- 2002
- Employees
- 256
- CEO
- Mr. Wesley Cummins
- Exchange
- NASDAQ
Business model & operating evidence
AI business exposure
- Revenue exposure
- AI-specific revenue is not separated in the available company statements.
- Capital-spending dependency
- No reviewed quantitative dependency model is available.
- Compute role
- See the sourced business description; AI labels do not establish compute revenue.
- Platform examples
- An exhaustive, consistently defined product inventory is unavailable.
- Ecosystem links
- Supplier and customer links require reviewed disclosures.
Narrative versus numbers
Demand is expanding
Supporting observation: 1350.5%
Year-over-year growth in the latest quarter. This differs from the fiscal-year revenue change shown above. · SEC Companyfacts · 2026-05-31
Growth produces accounting profit
Insufficient evidence: Unavailable
Reported-period net margin. A positive figure supports accounting profitability, not cash generation. · Source unavailable · 2026-05-31
The business generates cash after investment
Contradicting observation: USD -1.16B
Latest reported free cash flow. It is not a forecast and may cover a different period from the fiscal-year figures above. · SEC Companyfacts · 2026-05-31
These are explicit tests of individual claims, not an overall bull/bear rating. Demand growth can coexist with valuation, concentration and financing risk.
Operating measures
- Revenue
- $293.87Mquarter ended May 31, 2026
- Operating margin
- -33.2%quarter ended May 31, 2026
- Capital expenditure
- $1.29Bquarter ended May 31, 2026
- Free cash flow
- -$1.16Bquarter ended May 31, 2026
- Free cash flow margin
- -393.6%quarter ended May 31, 2026
- Revenue growth year over year
- 1350.5%quarter ended May 31, 2026
Leadership
Chief executive officerMr. Wesley Cummins
Source: Yahoo Finance · Oct 5, 2026
Ownership filings and insider activityCompetitors & comparisons
Loading competitor research…
Loading fund exposure…
Governance & sustainability
All data sources
Search the dated figures used for this view. Each entry identifies its units, reporting period and calculation status.
Research tools
Market closed
Regular hours: 9:30 AM–4:00 PM America/New_York
Next open: 2026-10-05 · 9:30 AM America/New_York
Exchange calendar includes scheduled holidays and early closes. Extended-session prices appear separately only when supplied by the quote source.
PortfolioReport data issue
Shortcuts
/ search · W watchlist · C compare · F financials · E earnings · N news · T technicals · Esc close
TECHi.com
