APLDApplied Digital Corporation

$26.88

Price

$26.88+89%1Y
1M-11%1Y+89%

Prices are end-of-day closes. This is a research view, the focus is on the fundamentals, quality and valuation below, not intraday price.

Smart Score

Above average
7/10
Value66
Quality19
Momentum78
Growth94
Strongest Growth, weakest Quality · ranked vs Technology peers. The five questions below judge the company on its own terms.
What they do

We are a U.S.-based designer, developer, owner, and operator of large-scale, purpose-built data centers engineered to support high-performance computing (“HPC”) workloads, including artificial intelligence (“AI”), machine learning, and other accelerated-compute applications. We design, build, and operate high-performance, sustainably engineered data centers—which we refer to as AI factories—and deliver that capacity to investment-grade hyperscalers and other leading compute customers under long-term lease and hosting arrangements.

In the company’s own words · 10-K filed Jul 29, 2026 · SEC EDGAR

P/E (TTM)-
Market Cap$13.31B
1Y Return+89%
5Y Return-

Business segments

Q1 2026 · $126.6M

The company’s own SEC segment disclosure.

  • HPC Hosting Business$71.0M56%
  • Data Center Hosting Business$37.5M30%
  • Cloud Services Business$18.1M14%

Applied Digital Corporation (APLD) reported revenue of $127M in Q3 2026 (quarter ended February 28, 2026), up 139% from the same quarter a year earlier. That came with a gross margin of 42% and net loss of $71M. For the full year FY2025, revenue was $144M (+5.5% year on year) and net income −$231M. Its largest segment in 2026-Q1 was HPC Hosting Business at $71M, 56% of the disclosed total, just ahead of Data Center Hosting Business at 30%.

Raw charts

10 series · TTM

As reported to the SEC, without any scoring.