APLD
Applied Digital Corporation
NASDAQ: APLD · TECHNOLOGY · INFORMATION TECHNOLOGY SERVICES
$32.69
+1.79% today
Updated 2026-04-29
Market cap
$9.34B
P/E ratio
—
P/S ratio
29.26x
EPS (TTM)
$-0.38
Dividend yield
—
52W range
$5 – $42
Volume
20.7M
Applied Digital Corporation (APLD) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5485.00 | $1.09M | $3.59M | $3.31M | $3.87M | $1.55M | $336995.00 | $0.00 | $0.00 | $8.55M | $55.39M | $136.62M | $215.51M |
| Revenue growth (YoY) | — | +19828.8% | +228.8% | -7.9% | +16.9% | -60.0% | -78.2% | -100.0% | — | — | +547.9% | +146.6% | +57.7% |
| Cost of revenue | $4100.00 | $858342.00 | $2.48M | $2.36M | $2.48M | $1.43M | $218608.00 | — | $1000.00 | $21.89M | $44.39M | $106.65M | $192.81M |
| Gross profit | $1385.00 | $234755.00 | $1.11M | $951438.00 | $1.39M | $117913.00 | $118387.00 | — | $-1000.00 | $-13.34M | $11.00M | $29.96M | $22.70M |
| Gross margin | 25.3% | 21.5% | 31.0% | 28.7% | 36.0% | 7.6% | 35.1% | — | — | -156.1% | 19.9% | 21.9% | 10.5% |
| R&D | $45511.00 | $40444.00 | $170832.00 | $557137.00 | $1.05M | $130234.00 | $284722.00 | — | — | — | — | $169000.00 | — |
| SG&A | — | $1.18M | $1.56M | $2.00M | $2.59M | $3.04M | $2.38M | $0.00 | $331000.00 | $19.89M | $55.06M | $98.46M | $83.06M |
| Operating income | $-19869.00 | $-947801.00 | $-448068.00 | $-1.61M | $-2.25M | $-3.05M | $-2.70M | $-263000.00 | $-332000.00 | $-20.90M | $-44.05M | $-15.05M | $-72.25M |
| Operating margin | -362.2% | -86.7% | -12.5% | -48.6% | -58.3% | -197.5% | -800.2% | — | — | -244.4% | -79.5% | -11.0% | -33.5% |
| EBITDA | $-19869.00 | $-880850.00 | $-320266.00 | $-1.26M | $-2.12M | $-2.71M | $-3.21M | $-263000.00 | $-331000.00 | $-20.71M | $-36.79M | $-34.16M | $-91.82M |
| EBITDA margin | -362.2% | -80.6% | -8.9% | -38.0% | -54.9% | -175.3% | -951.3% | — | — | -242.3% | -66.4% | -25.0% | -42.6% |
| EBIT | $-19869.00 | $-939933.00 | $-408319.00 | $-1.38M | $-2.23M | $-2.80M | $-3.28M | $-263000.00 | $-332000.00 | $-21.83M | $-44.05M | $-55.64M | $-175.42M |
| Interest expense | $19869.00 | $2232.00 | $39749.00 | $223586.00 | $21614.00 | $252945.00 | $97590.00 | $263000.00 | $236000.00 | $112000.00 | $1.98M | $18.64M | $17.86M |
| Income tax | $19869.00 | $1809.00 | $15895.00 | $27660.00 | $24800.00 | $-13591.00 | $7143.00 | $-469297.00 | $236000.00 | $540000.00 | $-523000.00 | $96000.00 | $102000.00 |
| Effective tax rate | — | -0.2% | -3.9% | -2.0% | -1.1% | 0.5% | -0.2% | 64.1% | -71.1% | -2.3% | 1.1% | -0.1% | -0.0% |
| Net income | $-19869.00 | $-943974.00 | $-424214.00 | $-1.41M | $-2.26M | $-2.79M | $-3.29M | $-263000.00 | $-568000.00 | $-23.52M | $-45.61M | $-149.27M | $-231.06M |
| Net income growth (YoY) | — | -4651.0% | +55.1% | -232.8% | -59.9% | -23.5% | -17.9% | +92.0% | -116.0% | -4040.8% | -93.9% | -227.3% | -54.8% |
| Profit margin | -362.2% | -86.4% | -11.8% | -42.6% | -58.3% | -180.3% | -975.2% | — | — | -275.1% | -82.3% | -109.3% | -107.2% |