Symbols / APLD Stock $33.55 -2.04% Applied Digital Corporation

Technology • Information Technology Services • United States • NMS
APLD (Stock) Chart
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Stock Fundamentals
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Index EQUITY
Sector Technology
Industry Information Technology Services
CEO Mr. Wesley Cummins
Exch · Country NMS · United States
Market Cap 9.59B
Enterprise Value 11.67B
Income -119.76M
Sales 319.26M
FCF (ttm) —
Book/sh 5.54
Cash/sh 6.05
Employees 205
Insider 10d —
IPO Apr 13, 2022
Div forward ($/yr)
Div TTM ($/yr)
Dividend Yield
Ex-Div Date
5Y Avg Yield
Yield vs 5Y Avg
Payout 0.00%
P/E —
Forward P/E -33.05
PEG 1.83
P/S 30.03
P/B 6.05
P/C —
EV/EBITDA 839.33
EV/Sales 36.56
Quick Ratio 1.72
Current Ratio 2.38
Debt/Eq 110.13
LT Debt/Eq —
EPS (ttm) —
EPS next Y -1.01
EPS Growth —
Revenue Growth 139.30%
EPS Gr Q/Q —
Rev Gr Q/Q —
Earnings (next) 2026-04-08
Earnings (prior) 2026-04-08
ROA -0.60%
ROE -5.56%
ROIC —
Gross Margin 45.41%
Oper. Margin -20.47%
Profit Margin -59.47%
Shs Outstand —
Shs Float 253.84M
Insider Own 11.08%
Instit Own 71.64%
Short Float 30.41%
Short Ratio 3.77
Short Interest 80.06M
52W High 42.27
vs 52W High -20.63%
52W Low 4.93
vs 52W Low 580.53%
Beta 7.27
Impl. Vol. 1.02%
Rel Volume 0.75
Avg Volume 21.95M
Volume 16.48M
Target (mean) $53.91
Tgt Median $48.00
Tgt Low $40.00
Tgt High $97.00
# Analysts 11
Recom Strong_buy
Prev Close $34.25
Price $33.55
Change -2.04%
About

No company description available for this symbol.

Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
—
Mean price target
2. Current target
—
Latest analyst target
3. DCF / Fair value
$53.91
Proxy: analyst mean price target (no FCF/EPS data available).
Ratings
Current target
—
Low
—
High
—
Mean
—
News
RSS: Latest APLD news
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-04-30 NOTTENBURG RICHARD N Director — 25,000 $32.00 $832,375
2026-04-27 MILLER DOUGLAS S Director — 10,000 $34.98 $349,800
2026-04-10 CUMMINS WESLEY Chief Executive Officer — 100,000 — —
2026-04-02 CUMMINS WESLEY Chief Executive Officer — 100,000 — —
2026-04-02 MOHMAND MOHAMMAD SAIDAL LAVANWAY Chief Financial Officer — 94,167 — —
2026-02-06 ZHANG JASON GECHEN President — 500,000 $0.00 $0
2026-02-06 MOHMAND MOHAMMAD SAIDAL LAVANWAY Chief Financial Officer — 250,000 $0.00 $0
2026-01-29 HASTINGS CHUCK Director — 45,987 $38.57 $1,773,719
2026-01-22 MILLER DOUGLAS S Director — 6,000 $0.00 $0
2026-01-16 CUMMINS WESLEY Chief Executive Officer — 165,000 $36.42 $6,009,300
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-05-31 2024-05-31 2023-05-31 2022-05-31
Total Revenue
144.19
+5.54%
136.62
+146.64%
55.39
+547.94%
8.55
Operating Revenue
144.19
+5.54%
136.62
+146.64%
55.39
+547.94%
8.55
Cost Of Revenue
101.45
-4.88%
106.65
+140.27%
44.39
+366.95%
9.51
Reconciled Cost Of Revenue
101.45
-4.88%
106.65
+140.27%
44.39
+366.95%
9.51
Gross Profit
42.74
+42.64%
29.96
+172.31%
11.00
+1249.84%
-0.96
Operating Expense
83.06
+84.51%
45.02
-16.50%
53.91
+170.37%
19.94
Selling General And Administration
83.06
+84.51%
45.02
-16.50%
53.91
+170.37%
19.94
General And Administrative Expense
—
—
—
19.89
Salaries And Wages
—
—
—
12.34
Other Gand A
—
—
—
7.55
Total Expenses
184.52
+21.65%
151.67
+54.29%
98.30
+233.83%
29.45
Operating Income
-40.32
-167.84%
-15.05
+64.92%
-42.91
-105.34%
-20.90
Total Operating Income As Reported
-16.84
+48.72%
-32.85
+23.44%
-42.91
-105.34%
-20.90
EBITDA
-45.55
-299.88%
22.79
+164.39%
-35.39
-70.86%
-20.71
Normalized EBITDA
-27.82
-157.02%
48.79
+238.22%
-35.30
-82.21%
-19.37
Reconciled Depreciation
97.94
+23.42%
79.36
+942.29%
7.61
+579.82%
1.12
EBIT
-143.49
-153.65%
-56.57
-31.55%
-43.01
-96.96%
-21.83
Total Unusual Items
-17.73
+31.80%
-26.00
-27559.57%
-0.09
+93.00%
-1.34
Total Unusual Items Excluding Goodwill
-17.73
+31.80%
-26.00
-27559.57%
-0.09
+93.00%
-1.34
Special Income Charges
-11.31
+44.29%
-20.30
-21500.00%
-0.09
+93.00%
-1.34
Other Special Charges
34.79
+611.87%
4.89
+5098.94%
0.09
-93.00%
1.34
Net Income
-231.06
-54.79%
-149.27
-234.35%
-44.65
-89.82%
-23.52
Pretax Income
-158.23
-113.02%
-74.28
-65.03%
-45.01
-105.10%
-21.95
Net Non Operating Interest Income Expense
-14.74
+16.77%
-17.71
-782.75%
-2.01
-1691.07%
-0.11
Interest Expense Non Operating
14.74
-16.77%
17.71
+782.75%
2.01
+1691.07%
0.11
Net Interest Income
-14.74
+16.77%
-17.71
-782.75%
-2.01
-1691.07%
-0.11
Interest Expense
14.74
-16.77%
17.71
+782.75%
2.01
+1691.07%
0.11
Other Income Expense
-103.17
-148.50%
-41.52
-44067.02%
-0.09
+89.96%
-0.94
Other Non Operating Income Expenses
-85.44
-450.62%
-15.52
—
0.41
Gain On Sale Of Security
-6.42
—
—
—
Tax Provision
0.10
+6.25%
0.10
+118.36%
-0.52
-196.85%
0.54
Tax Rate For Calcs
0.00
-100.00%
0.00
+1650.00%
0.00
-94.29%
0.00
Tax Effect Of Unusual Items
-3.72
+31.80%
-5.46
-483942.55%
-0.00
+99.60%
-0.28
Net Income Including Noncontrolling Interests
-231.06
-54.38%
-149.67
-228.18%
-45.61
-93.82%
-23.53
Net Income From Continuing Operation Net Minority Interest
-158.34
-114.03%
-73.98
-69.96%
-43.53
-93.66%
-22.48
Net Income From Continuing And Discontinued Operation
-231.06
-54.79%
-149.27
-234.35%
-44.65
-89.82%
-23.52
Net Income Continuous Operations
-158.34
-112.88%
-74.38
-67.18%
-44.49
-97.85%
-22.49
Net Income Discontinuous Operations
-72.73
+3.41%
-75.30
-6634.79%
-1.12
-7.09%
-1.04
Minority Interests
0.00
-100.00%
0.40
-58.65%
0.96
+9500.00%
0.01
Normalized Income
-140.60
-163.11%
-53.44
-23.03%
-43.44
-102.82%
-21.42
Net Income Common Stockholders
-233.68
-56.54%
-149.27
-234.35%
-44.65
-89.82%
-23.52
Diluted EPS
—
-1.31
-167.35%
-0.49
-19.51%
-0.41
Basic EPS
—
-1.31
-167.35%
-0.49
-19.51%
-0.41
Basic Average Shares
—
114.06
+21.37%
93.98
+64.52%
57.12
Diluted Average Shares
—
114.06
+21.37%
93.98
+64.52%
57.12
Diluted NI Availto Com Stockholders
-233.68
-56.54%
-149.27
-234.35%
-44.65
-89.82%
-23.52
Depreciation Amortization Depletion Income Statement
—
—
—
0.05
Depreciation And Amortization In Income Statement
—
—
—
0.05
Depreciation Income Statement
—
—
—
—
Gain On Sale Of PPE
23.48
+252.29%
-15.42
0.00
—
Preferred Stock Dividends
2.62
—
—
—
Line Item Trend 2025-05-31 2024-05-31 2023-05-31 2022-05-31
Total Assets
1,870.09
+145.14%
762.87
+189.01%
263.96
+120.00%
119.98
Current Assets
430.59
+6.54%
404.14
+784.96%
45.67
+13.15%
40.36
Cash Cash Equivalents And Short Term Investments
41.55
+1144.44%
3.34
-88.49%
29.00
-25.26%
38.80
Cash And Cash Equivalents
41.55
+1144.44%
3.34
-88.49%
29.00
-25.26%
38.80
Receivables
3.04
-20.90%
3.85
+4591.46%
0.08
-63.88%
0.23
Accounts Receivable
3.04
-20.90%
3.85
+4591.46%
0.08
-63.88%
0.23
Prepaid Assets
—
—
—
1.45
Restricted Cash
72.37
+238.98%
21.35
+46.48%
14.57
+94.31%
7.50
Assets Held For Sale Current
304.20
-18.79%
374.60
0.00
—
Other Current Assets
9.43
+833.66%
1.01
-49.80%
2.01
+50.49%
1.34
Total Non Current Assets
1,439.50
+301.28%
358.72
+64.33%
218.29
+174.17%
79.62
Net PPE
1,294.62
+281.47%
339.37
+58.78%
213.74
+202.46%
70.67
Gross PPE
1,318.50
+273.47%
353.04
+61.44%
218.68
+205.10%
71.68
Accumulated Depreciation
-23.88
-74.77%
-13.66
-176.58%
-4.94
-389.59%
-1.01
Properties
0.00
0.00
0.00
0.00
Land And Improvements
21.47
+183.06%
7.58
+120.17%
3.44
+52.84%
2.25
Buildings And Improvements
109.67
+5.46%
103.99
+64.15%
63.35
+109.94%
30.18
Machinery Furniture Equipment
35.06
+3.30%
33.95
+48.51%
22.86
+3787.24%
0.59
Construction In Progress
1,123.16
+501.04%
186.87
+71.78%
108.78
+494.29%
18.30
Other Properties
28.69
+42.02%
20.20
-0.22%
20.25
-3.31%
20.94
Leases
0.44
+0.00%
0.44
0.00
—
Investments And Advances
6.07
+406.08%
1.20
—
—
Long Term Equity Investment
6.07
—
—
—
Non Current Accounts Receivable
84.42
—
—
—
Non Current Deferred Assets
42.41
—
—
—
Other Non Current Assets
11.98
+4.95%
11.41
+151.07%
4.54
-49.22%
8.95
Total Liabilities Net Minority Interest
1,236.37
+93.78%
638.04
+228.41%
194.28
+376.81%
40.74
Current Liabilities
558.14
+0.73%
554.11
+379.92%
115.46
+298.17%
29.00
Payables And Accrued Expenses
281.88
+98.19%
142.23
+766.95%
16.41
+23.73%
13.26
Payables
252.34
+114.70%
117.53
+1723.30%
6.45
-51.39%
13.26
Accounts Payable
247.53
+136.81%
104.53
+1521.59%
6.45
-51.39%
13.26
Other Payable
4.81
-63.03%
13.00
—
—
Dividends Payable
—
—
—
0.00
Current Accrued Expenses
29.55
+19.62%
24.70
+148.01%
9.96
—
Total Tax Payable
—
—
1.63
0.00
Current Debt And Capital Lease Obligation
24.66
-52.41%
51.80
+270.25%
13.99
+498.72%
2.34
Current Debt
10.33
-77.50%
45.92
+477.58%
7.95
+496.40%
1.33
Other Current Borrowings
10.33
-77.50%
45.92
+477.58%
7.95
+496.40%
1.33
Current Capital Lease Obligation
14.32
+143.33%
5.89
-2.57%
6.04
+501.79%
1.00
Current Deferred Liabilities
16.12
-31.55%
23.56
-72.31%
85.06
+534.74%
13.40
Current Deferred Revenue
16.12
-31.55%
23.56
-72.31%
85.06
+534.74%
13.40
Other Current Liabilities
235.48
-30.03%
336.52
—
0.02
Total Non Current Liabilities Net Minority Interest
678.22
+708.13%
83.92
+6.48%
78.82
+570.96%
11.75
Long Term Debt And Capital Lease Obligation
678.22
+708.13%
83.92
+7.85%
77.82
+594.37%
11.21
Long Term Debt
677.83
+752.91%
79.47
+16.05%
68.48
+1061.25%
5.90
Long Term Capital Lease Obligation
0.40
-91.11%
4.45
-52.32%
9.34
+75.88%
5.31
Tradeand Other Payables Non Current
—
0.00
0.00
0.00
Non Current Deferred Liabilities
—
—
0.00
-100.00%
0.54
Non Current Deferred Taxes Liabilities
—
—
0.00
-100.00%
0.54
Preferred Securities Outside Stock Equity
—
—
—
0.00
Stockholders Equity
633.73
+407.67%
124.83
+109.74%
59.52
-17.63%
72.26
Common Stock Equity
497.69
+298.69%
124.83
+109.74%
59.52
-17.63%
72.26
Capital Stock
136.27
+94529.86%
0.14
+42.57%
0.10
+3.06%
0.10
Common Stock
0.23
+59.72%
0.14
+42.57%
0.10
+3.06%
0.10
Preferred Stock
136.04
—
—
0.00
Share Issued
234.20
+62.54%
144.08
+42.76%
100.93
+3.12%
97.87
Ordinary Shares Number
224.91
+61.75%
139.05
+44.96%
95.93
-1.95%
97.84
Treasury Shares Number
9.29
+84.61%
5.03
+0.62%
5.00
+13678.87%
0.04
Additional Paid In Capital
1,009.91
+169.50%
374.74
+133.93%
160.19
+24.87%
128.29
Retained Earnings
-481.06
-92.43%
-249.99
-148.21%
-100.72
-79.63%
-56.07
Treasury Stock
31.40
+50545.16%
0.06
+0.00%
0.06
+0.00%
0.06
Minority Interest
—
0.00
-100.00%
10.16
+45.67%
6.98
Total Equity Gross Minority Interest
633.73
+407.67%
124.83
+79.15%
69.68
-12.06%
79.23
Total Capitalization
1,311.55
+541.97%
204.30
+59.62%
128.00
+63.77%
78.16
Working Capital
-127.55
+14.95%
-149.97
-114.88%
-69.79
-714.15%
11.36
Invested Capital
1,185.84
+373.92%
250.22
+84.06%
135.95
+71.02%
79.49
Total Debt
702.88
+417.85%
135.73
+47.84%
91.81
+577.86%
13.54
Net Debt
646.60
+429.78%
122.05
+157.33%
47.43
—
Capital Lease Obligations
14.72
+42.37%
10.34
-32.77%
15.38
+143.60%
6.31
Net Tangible Assets
633.73
+407.67%
124.83
+109.74%
59.52
-17.63%
72.26
Tangible Book Value
497.69
+298.69%
124.83
+109.74%
59.52
-17.63%
72.26
Current Notes Payable
—
—
—
0.00
Dueto Related Parties Non Current
—
0.00
-100.00%
1.00
0.00
Investments In Other Ventures Under Equity Method
6.07
—
—
—
Preferred Stock Equity
136.04
—
—
—
Line Item Trend 2025-05-31 2024-05-31 2023-05-31 2022-05-31
Operating Cash Flow
-115.40
-936.61%
13.79
-76.51%
58.73
+6835.67%
-0.87
Cash Flow From Continuing Operating Activities
-115.40
-936.61%
13.79
-76.51%
58.73
+533.26%
9.28
Cash From Discontinued Operating Activities
—
—
0.00
+100.00%
-10.15
Net Income From Continuing Operations
-231.06
-54.38%
-149.67
-228.18%
-45.61
-102.82%
-22.49
Depreciation Amortization Depletion
97.94
+23.42%
79.36
+942.29%
7.61
+579.82%
1.12
Depreciation
—
—
—
1.12
Depreciation And Amortization
97.94
+23.42%
79.36
+942.29%
7.61
+579.82%
1.12
Other Non Cash Items
50.22
-1.08%
50.77
+12282.20%
0.41
+2177.78%
0.02
Stock Based Compensation
22.70
+30.77%
17.36
-45.87%
32.07
+159.97%
12.34
Deferred Tax
0.00
0.00
+100.00%
-0.54
-200.00%
0.54
Deferred Income Tax
0.00
0.00
+100.00%
-0.54
-200.00%
0.54
Operating Gains Losses
8.74
+248.46%
2.51
+2567.02%
0.09
-89.96%
0.94
Gain Loss On Investment Securities
6.42
—
—
—
Unrealized Gain Loss On Investment Securities
85.44
+1054.43%
7.40
0.00
—
Change In Working Capital
-149.38
-2561.78%
6.07
-90.62%
64.69
+284.84%
16.81
Change In Receivables
-2.93
+22.07%
-3.77
-2696.55%
0.14
+163.88%
-0.23
Changes In Account Receivables
-2.93
+22.07%
-3.77
-2696.55%
0.14
+163.88%
-0.23
Change In Prepaid Assets
-7.55
+25.46%
-10.13
-138.85%
26.08
+218.31%
8.19
Change In Payables And Accrued Expense
-98.58
-228.96%
76.44
+1320.16%
-6.26
-197.63%
6.42
Change In Accrued Expense
-12.13
-156.14%
21.60
+188.59%
7.49
—
Change In Payable
-86.45
-257.64%
54.84
+498.85%
-13.75
-314.27%
6.42
Change In Account Payable
-78.26
-287.04%
41.84
+404.29%
-13.75
-314.27%
6.42
Change In Other Working Capital
-43.30
+23.78%
-56.80
-228.03%
44.37
+1044.39%
3.88
Change In Other Current Assets
2.98
+811.01%
0.33
-10.16%
0.36
+125.10%
-1.45
Investing Cash Flow
-667.65
-287.19%
-172.44
-30.55%
-132.09
-187.96%
-45.87
Cash Flow From Continuing Investing Activities
-667.65
-287.19%
-172.44
-30.55%
-132.09
-140.27%
-54.97
Cash From Discontinued Investing Activities
—
—
0.00
-100.00%
9.10
Net PPE Purchase And Sale
-681.60
-380.65%
-141.81
-8.02%
-131.28
-138.80%
-54.97
Purchase Of PPE
-681.60
-380.65%
-141.81
-8.02%
-131.28
-138.80%
-54.97
Sale Of PPE
—
—
—
3.28
Capital Expenditure
-681.60
-380.65%
-141.81
-8.02%
-131.28
-138.80%
-54.97
Net Investment Purchase And Sale
-4.87
-1146.29%
-0.39
+51.73%
-0.81
0.00
Purchase Of Investment
-4.87
-1146.29%
-0.39
+51.73%
-0.81
0.00
Sale Of Investment
—
0.00
0.00
—
Net Other Investing Changes
18.82
+162.25%
-30.24
—
—
Financing Cash Flow
874.69
+496.01%
146.76
+107.79%
70.63
-13.12%
81.29
Cash Flow From Continuing Financing Activities
874.69
+496.01%
146.76
+107.79%
70.63
-13.12%
81.29
Net Issuance Payments Of Debt
693.97
+3894.50%
17.37
-74.74%
68.77
+868.11%
7.10
Issuance Of Debt
1,112.08
+669.32%
144.55
+75.96%
82.15
+1021.65%
7.32
Repayment Of Debt
-418.12
-228.76%
-127.18
-850.18%
-13.38
-5956.56%
-0.22
Long Term Debt Issuance
1,112.08
+669.32%
144.55
+75.96%
82.15
+1021.65%
7.32
Long Term Debt Payments
-418.12
-228.76%
-127.18
-850.18%
-13.38
-5956.56%
-0.22
Net Long Term Debt Issuance
693.97
+3894.50%
17.37
-74.74%
68.77
+868.11%
7.10
Net Common Stock Issuance
160.25
+22.47%
130.85
0.00
-100.00%
40.00
Common Stock Payments
-31.34
—
0.00
—
Cash Dividends Paid
-2.62
—
—
—
Repurchase Of Capital Stock
-31.34
0.00
0.00
—
Proceeds From Stock Option Exercised
-51.75
—
—
—
Net Other Financing Charges
-123.37
-8320.96%
-1.47
-178.64%
1.86
+699.04%
-0.31
Changes In Cash
91.63
+870.91%
-11.89
-336.18%
-2.73
-107.89%
34.55
Beginning Cash Position
31.69
-27.28%
43.57
-5.89%
46.30
+294.03%
11.75
End Cash Position
120.92
+281.60%
31.69
-27.28%
43.57
-5.89%
46.30
Free Cash Flow
-797.00
-522.59%
-128.01
-76.47%
-72.54
-29.90%
-55.85
Interest Paid Supplemental Data
62.71
+252.67%
17.78
+1490.52%
1.12
+898.21%
0.11
Income Tax Paid Supplemental Data
0.10
+2000.00%
0.01
0.00
0.00
Common Stock Issuance
191.59
+46.42%
130.85
0.00
-100.00%
40.00
Issuance Of Capital Stock
389.80
+197.90%
130.85
0.00
-100.00%
74.50
Net Preferred Stock Issuance
198.21
0.00
0.00
-100.00%
34.50
Other Cash Adjustment Outside Changein Cash
-2.40
0.00
0.00
—
Preferred Stock Dividend Paid
-2.62
0.00
0.00
—
Preferred Stock Issuance
198.21
0.00
0.00
-100.00%
34.50
Cash From Discontinued Financing Activities
—
—
0.00
0.00
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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