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 regular-session print
$24.53
▼ -$1.72(-6.55%)4:00 PM ET - vs previous closeQuote as of Sep 28, 2026, 4:00 PM EDT
NASDAQ market is closed. Showing the latest available regular-session trade from Sep 28, 2026, 4:00 PM EDT.
Yahoo Finance · latest regular-session print · as of Sep 28, 2026, 4:00 PM EDT · delay not stated · current source
Last session2%
$24.50L Sep 28 '26$25.99H Sep 28 '26
52-week17%
$19.01L Nov 21 '25$50.73H May 28 '26
Long-term rangesSince first printHide
Since first print(2022-04-13)47%
$0.8500L Jul 13 '22$50.72H May 28 '26
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Session market context
- APLDStock · vs previous close
- ↓ -6.55%
- XLKTechnology ETF
- ↓ -0.89%
- QQQNasdaq-100 ETF
- ↓ -1.07%
APLD underperformed the sector by 5.67 percentage points.
Price comparisons describe market context; they do not establish the cause of a move.
Data freshness
PriceAt closeLast traded
Fundamentalsevery 1 hrProvider checked
Analystevery 12 hrProvider checked
NewsTECHi refresh every 15 minLatest item
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Reported fundamentals
APLD research snapshot
Annual revenue
USD 611.31M
Sales reported for this fiscal year.
Revenue change
+324.0%
Compared with the prior fiscal year.
Net profit margin
Not reported
Reported net income divided by revenue.
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
- Sector
- Technology
- Industry
- Information Technology Services
- Headquarters
- Dallas, TX, United States
- Country
- US
- Founded
- 2002
- Employees
- 256
- CEO
- Mr. Wesley CumminsCompany leadership source
- 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%
Quarterly revenue growth year over year; company-wide, not exclusively AI. · TECHi unified data · 2026-05-31
Growth produces accounting profit
Contradicting observation: -22.5%
Net margin. A positive figure supports profitability, not necessarily cash generation. · SEC Companyfacts · 2026-09-29T10:28:17.084Z
The business generates cash after investment
Contradicting observation: -1.16B
Latest available free cash flow; period-specific, not a forecast. · 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
CEO: Mr. Wesley Cummins
Source: Yahoo Finance · 2026-09-29T13:25:51.150Z
Ownership filings and insider activityCompetitors & comparisons
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Governance & sustainability
Dated environmental and governance disclosures are not available in this dataset. TECHi does not infer an ESG rating from profitability, volatility, headcount or executive biographies.
All data sources
Search the dated figures used for this view. Each entry identifies its units, reporting period and calculation status.
Research tools
US market hours
Regular hours: 9:30 AM–4:00 PM America/New_York
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Exchange calendar includes scheduled holidays and early closes. Extended-session prices appear separately only when supplied by the quote source.
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