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Companies/Applied Digital Corp.
Company profile

Applied Digital Corp.

NASDAQ: APLD · Technology · Information Technology Services
PublicHQ Dallas, TX · DallasCIK 0001144879Reports USD
#413 of 1,109 Technology companies by revenue27th-percentile growth
EA Score
42D
FH 42DQ 39GM 46SS 52
v0.1 · 65/100 weight · provisional
↑ 3-yr revenue growth, market scale · ↓ listing tenure, growth stability
Methodology →
Revenue TTM
$355.5M
Rev growth YoY (TTM)
+84.9%
Net income (FY)
-$231.1M
Employees
205
Market cap
$9.4B
OverviewFinancialsSegmentsFilingsESGPeople & Places

Financials — latest annual

SEC EDGAR · USD-normalized
ConceptUSDNativeFY
Revenue$144.2M$144.2M2025
Net income-$231.1M-$231.1M2025
Operating income-$16.8M-$16.8M2025
Total assets$1.9B$1.9B2025
Liabilities$1.2B$1.2B2025
Equity$497.7M$497.7M2025

Revenue trend

FY2022 – FY2025 · USD
$0
FY22
$8.5M
FY22
$55.4M
FY23
$165.6M
FY24
$144.2M
FY25

Revenue by segment

Filed disclosures · FY2022
By product
Mining100%
By geography

Not disclosed.

The read

Applied Digital Corp. booked $144.2M in FY2025 revenue, contracting 13% year over year — slower than 73% of Technology companies we track, at a -160.2% net margin.

Peers · Technology
Bentley Systems, Incorporated67BSkyworks Solutions, Inc.78B+FormFactor, Inc.76B+Applied Optoelectronics, Inc.66B
Neighbors
Dallas →
Caterpillar Inc.$67.6B80B+Texas Instruments Incorporated$17.7B86AAT&T Inc.$125.6B82B+McKesson Corporation$403.4B85AStrive, Inc. Variable Rate Series A Perpetual Preferred Stock$1.5M28DEnergy Transfer LP$85.5B70B
Key facts
CEOWes Cummins
SectorTechnology
IndustryInformation Technology Services
HeadquartersDallas, TX
ExchangeNASDAQ: APLD
Employees205
IPO date2022-04-13
Latest filings
8-K2026-06-268-K2026-06-168-K2026-06-098-K2026-06-098-K2026-06-098-K2026-05-058-K2026-04-238-K2026-04-16
Financials: SEC EDGAR (XBRL), USD-normalized per IAS 21 · TTM/quarterly + segments: FMP from filed disclosures · Filings: EDGAR submissions. County headcount and EA Score are in progress — see docs/DATA_GAPS.md.
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