Applied Digital Corp. financial data

Symbol
APLD on Nasdaq
Location
Dallas, TX
Fiscal year end
31 May
Latest financial report
10-Q - Q3 2025 - 09 Oct 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 71% % 68%
Debt-to-equity 197% % -41%
Return On Equity -89% % -47%
Return On Assets -20% % 3.6%
Operating Margin -37% % -26166%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 279,685,875 shares 30%
Common Stock, Shares, Outstanding 269,292,902 shares 71%
Entity Public Float $1,900,000,000 USD 376%
Common Stock, Value, Issued $274,000 USD 69%
Weighted Average Number of Shares Outstanding, Basic 255,892,902 shares 72%
Weighted Average Number of Shares Outstanding, Diluted 255,892,902 shares 72%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax $173,560,000 USD 28%
Cost of Revenue $134,314,000 USD 29%
Costs and Expenses $237,991,000 USD 76%
Operating Income (Loss) $64,431,000 USD -33634%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $200,384,000 USD -331%
Income Tax Expense (Benefit) $110,000 USD 15%
Net Income (Loss) Attributable to Parent $16,926,000 USD -299%
Earnings Per Share, Basic -1 USD/shares 2.4%
Earnings Per Share, Diluted -1 USD/shares 2.4%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value $73,911,000 USD 27%
Accounts Receivable, after Allowance for Credit Loss, Current $29,134,000 USD 1168%
Other Assets, Current $3,636,000 USD
Assets, Current $641,735,000 USD 663%
Property, Plant and Equipment, Net $1,461,775,000 USD 206%
Operating Lease, Right-of-Use Asset $810,000 USD -99%
Assets $2,398,995,000 USD 156%
Accounts Payable, Current $172,823,000 USD 23%
Accrued Liabilities, Current $182,948,000 USD 585%
Contract with Customer, Liability, Current $626,000 USD
Liabilities, Current $985,493,000 USD 155%
Operating Lease, Liability, Noncurrent $220,000 USD -100%
Other Liabilities, Noncurrent $0 USD -100%
Liabilities $1,291,007,000 USD 102%
Retained Earnings (Accumulated Deficit) $497,981,000 USD -96%
Stockholders' Equity Attributable to Parent $1,044,260,000 USD 332%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest $1,044,260,000 USD 332%
Liabilities and Equity $2,398,995,000 USD 156%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities $82,023,000 USD -8.1%
Net Cash Provided by (Used in) Financing Activities $322,236,000 USD 97%
Net Cash Provided by (Used in) Investing Activities $249,420,000 USD -665%
Common Stock, Shares Authorized 400,000,000 shares 33%
Common Stock, Shares, Issued 278,584,101 shares 71%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect $9,207,000 USD -117%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $114,104,000 USD 32%
Interest Paid, Excluding Capitalized Interest, Operating Activities $9,039,000 USD 64%
Deferred Tax Assets, Valuation Allowance $65,856,000 USD 40%
Deferred Tax Assets, Gross $106,227,000 USD 21%
Operating Lease, Liability $908,000 USD -99%
Depreciation $10,700,000 USD -31%
Lessee, Operating Lease, Liability, to be Paid $965,000 USD -99%
Property, Plant and Equipment, Gross $1,488,367,000 USD 200%
Operating Lease, Liability, Current $688,000 USD -97%
Lessee, Operating Lease, Liability, to be Paid, Year Two $27,000 USD -100%
Lessee, Operating Lease, Liability, to be Paid, Year One $365,000 USD -99%
Operating Lease, Weighted Average Discount Rate, Percent 0.1 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount $57,000 USD -100%
Lessee, Operating Lease, Liability, to be Paid, Year Three $0 USD -100%
Deferred Tax Assets, Operating Loss Carryforwards $59,963,000 USD 40%
Preferred Stock, Shares Authorized 10,000,000 shares
Lessee, Operating Lease, Liability, to be Paid, Year Four $0 USD -100%
Additional Paid in Capital $1,573,367,000 USD 217%
Depreciation, Depletion and Amortization $17,298,000 USD -1.8%
Deferred Tax Assets, Net of Valuation Allowance $40,371,000 USD -0.87%
Interest Expense $26,832,000 USD 1255%