Company profile
Applied Digital Corp.
NASDAQ: APLD · Technology · Information Technology Services
#418 of 1,169 Technology companies by revenue27th-percentile growth
EA Score
——FH —DQ 40GM —SS 53
v0.1 · 25/100 weight · pillars only
↑ 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
as of 2026-08-06
Market cap
$8.6B
as of 2026-08-06
Financials — latest annual
SEC EDGAR · USD-normalizedConceptUSDNativeFY
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
FY22
FY22
FY23
FY24
FY25
Revenue by segment
Filed disclosures · FY2022
By product
Mining100%
By geography
Not disclosed.
The read
What is Applied Digital Corp.’s revenue?
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
Tingo Group, Inc.——Backblaze, Inc.52DParagon Technologies, Inc.52DExpensify, Inc.48DAgora, Inc.51DMicware Co., Ltd. American Depositary Shares45DNeighbors
Dallas →Key facts
CEOWes Cummins
SectorTechnology
IndustryInformation Technology Services
HeadquartersDallas, TX
ExchangeNASDAQ: APLD
Employees205
IPO date2022-04-13
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.