Applied Digital Corporation

APLD Technology Information Technology Services

Revenue
+322.4%
EPS
−1,071.4%
Free cash flow
−506.7%
Total debt
+828.1%

Quarter to August 2026, against a year earlier

15.52 1.35 +9.53%
Market cap
$4.3B
P/E
0.0×
Fwd P/E
−13.0×
Dividend yield
—
F-score
5/9
Altman Z
1.26
Beneish M
0.53
Dividend safety
n/a

Applied Digital Corporation 10-K filed Jul 29, 2026

Fiscal year 2026 · Period ended May 31, 2026 · Filed · accepted 4:07 PM ET · Document on sec.gov · Filing index

What changed

Item 1, Business, against the 10-K filed Jul 30, 2025: 44 added · 14 removed · 20 modified

  1. Removed · Our Business

    We are a United States ("U.S.") designer, developer, and operator of next-generation data center infrastructure across North America. We provide data center infrastructure solutions to the rapidly growing industries of high-performance computing ("HPC") and artificial intelligence ("AI"). We operate in two distinct business segments, blockchain data center hosting (the "Data Center Hosting Business") and HPC data center hosting (the "HPC Hosting Business"), as further discussed below. During the fiscal year 2025, we determined that the Cloud Services Business met the criteria to be classified as “held for sale” on our consolidated balance sheets as the Board of Directors approved plans for the sale of the segment. The potential sale of the Cloud Services Business, which was previously included as a reportable segment, represents a strategic shift in our operations and financial results and as such, we have excluded the results of this business from both continuing operations and segment results and presented them in discontinued operations on the consolidated statements of operations for all periods presented.