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Nasdaq · CIK 0001144879 · SERVICES-COMPUTER PROCESSING & DATA PREPARATION

APPLIED DIGITAL CORPORATION

APLD chart by TradingView
P/E P/B 7.8xP/SALES 21.8xEV/EBITDA FCF YIELD -20.82%

PRICE HISTORY

LIVE · NASDAQ
APLD chart by TradingView
REVENUE FY2026 ENDED MAY 2026
$0.6B
EBITDA
$-0.2B
FREE CASH FLOW
$-2.8B
EPS
$-0.67
GROSS MARGIN
35.08%
ROIC
Q4 FY26ENDED MAY 2026HOVERDRAG ACROSS ANY CHART TO SCRUB ALL 24 · 21 QUARTERS SHOWNVALUATIONGROWTHPROFITABILITY & RETURNSCASH & CAPITALBALANCE SHEET

VALUATION

what you pay for a unit of the business7 CHARTS

P / E RATIO (TTM)

LATEST · Q4 FY26
Q1 FY21Q4 FY22Q4 FY23Q4 FY24Q4 FY25Q4 FY26

P / SALES (TTM)

21.8x
-28%
LATEST · Q4 FY26
21.8xQ1 FY21Q4 FY22Q4 FY23Q4 FY24Q4 FY25Q4 FY26
3.1x30.2x

P / BOOK

7.8x
+117%
LATEST · Q4 FY26
7.8xQ1 FY21Q4 FY22Q4 FY23Q4 FY24Q4 FY25Q4 FY26
2.3x13.2x

EV / EBITDA (TTM)

LATEST · Q4 FY26
Q1 FY21Q4 FY22Q4 FY23Q4 FY24Q4 FY25Q4 FY26

EV / REVENUE (TTM)

LATEST · Q4 FY26
Q1 FY21Q4 FY22Q4 FY23Q4 FY24Q4 FY25Q4 FY26

FCF YIELD (TTM)

-20.82%
+2.1pp
LATEST · Q4 FY26
-20.82%Q1 FY21Q4 FY22Q4 FY23Q4 FY24Q4 FY25Q4 FY26
-52.46%-9.21%

DIVIDEND YIELD (TTM)

LATEST · Q4 FY26
Q1 FY21Q4 FY22Q4 FY23Q4 FY24Q4 FY25Q4 FY26

GROWTH

is the business getting bigger5 CHARTS

REVENUE

$0.3B
+$0.3B
LATEST · Q4 FY26
0.3BQ1 FY21Q4 FY22Q4 FY23Q4 FY24Q4 FY25Q4 FY26

EBITDA (DERIVED)

$-0.1B
$0.1B
LATEST · Q4 FY26
-0.1BQ1 FY21Q4 FY22Q4 FY23Q4 FY24Q4 FY25Q4 FY26

NET INCOME

$-0.1B
$0.1B
LATEST · Q4 FY26
-0.1BQ1 FY21Q4 FY22Q4 FY23Q4 FY24Q4 FY25Q4 FY26

EPS (DILUTED)

$-0.29
$0.24
LATEST · Q4 FY26
-0.29Q1 FY21Q4 FY22Q4 FY23Q4 FY24Q4 FY25Q4 FY26

REVENUE GROWTH YOY

180.85%
-1092.4pp
LATEST · Q4 FY26
180.85%Q1 FY21Q4 FY22Q4 FY23Q4 FY24Q4 FY25Q4 FY26
-14.31%1273.29%

PROFITABILITY & RETURNS

what survives to the bottom, and what it earns on capital4 CHARTS

FCF MARGIN

-393.55%
+1163.2pp
LATEST · Q4 FY26
-393.55%Q1 FY21Q4 FY22Q4 FY23Q4 FY24Q4 FY25Q4 FY26
-1556.73%81.43%

RETURN ON CAPITAL

LATEST · Q4 FY26
Q1 FY21Q4 FY22Q4 FY23Q4 FY24Q4 FY25Q4 FY26

RETURN ON EQUITY (TTM)

-10.73%
+21.8pp
LATEST · Q4 FY26
-10.73%Q1 FY21Q4 FY22Q4 FY23Q4 FY24Q4 FY25Q4 FY26
-119.58%-8.24%

MARGIN FUNNEL

every line is a share of the same revenue, so they read on one scale — the gaps are what each layer takes out, and net rises above operating when income arrives from outside the business
GROSS MARGIN42.88%
OPERATING MARGIN-33.19%
NET MARGIN-28.04%
FCF MARGIN-393.55%
245.25-246.20-737.65-1229.09-1720.54GROSSOPERNETFCFQ1 FY21Q2 FY22Q4 FY22Q2 FY23Q4 FY23Q2 FY24Q4 FY24Q2 FY25Q4 FY25Q2 FY26Q4 FY26

CASH & CAPITAL

where the money actually goes5 CHARTS

FREE CASH FLOW

$-1.2B
$1.2B
LATEST · Q4 FY26
-1.2BQ1 FY21Q4 FY22Q4 FY23Q4 FY24Q4 FY25Q4 FY26

STOCK-BASED COMP

$0.1B
+$0.1B
LATEST · Q4 FY26
0.1BQ1 FY21Q4 FY22Q4 FY23Q4 FY24Q4 FY25Q4 FY26

CAPITAL EXPENDITURE

$1.3B
+130372%
LATEST · Q4 FY26
1.3BQ1 FY21Q4 FY22Q4 FY23Q4 FY24Q4 FY25Q4 FY26

SHARES OUTSTANDING

0.28B
+18561%
LATEST · Q4 FY26
0.28BQ1 FY21Q4 FY22Q4 FY23Q4 FY24Q4 FY25Q4 FY26

DIVIDEND / SHARE

LATEST · Q4 FY26
Q1 FY21Q4 FY22Q4 FY23Q4 FY24Q4 FY25Q4 FY26

BALANCE SHEET

how much cushion there is3 CHARTS

CASH & EQUIVALENTS

$1.6B
+13210%
LATEST · Q4 FY26
1.6BQ1 FY21Q4 FY22Q4 FY23Q4 FY24Q4 FY25Q4 FY26

TOTAL DEBT

LATEST · Q4 FY26
Q1 FY21Q4 FY22Q4 FY23Q4 FY24Q4 FY25Q4 FY26

DEBT / EBITDA (TTM)

LATEST · Q4 FY26
Q1 FY21Q4 FY22Q4 FY23Q4 FY24Q4 FY25Q4 FY26

OWNERSHIP

10 LARGEST HOLDERS · WHO OWNS THE FLOAT
INSTITUTIONS 70.06%INSIDERS 9.88%OTHER / RETAIL 20.06%642 INSTITUTIONAL FILERS
HOLDER% HELDSHARESVALUECHANGE
Hood River Capital Management LLC7.92%23.1M$674.3M+4.7%
Blackrock Inc.7.17%20.9M$610.6M+0.3%
Vanguard Portfolio Management LLC5.08%14.8M$432.7MNEW
Situational Awareness Partners LP4.62%13.5M$393.8MNEW
Situational Awareness LP 4.62%13.5M$393.8M+18.9%
Vanguard Capital Management LLC3.70%10.8M$314.9MNEW
Equitec Proprietary Markets LLC2.87%8.4M$244.7MNEW
Goldman Sachs Group Inc2.75%8.0M$233.9M+466.0%
Value Aligned Research Advisors, LLC 2.29%6.7M$194.8M+18.2%
Geode Capital Management, LLC2.20%6.4M$187.3M+2.0%
AS OF 2026-03-31 · MOST RECENT 13F FILINGS
SOURCE → 10-K · 10-Q · 8-K / GUIDANCE · ALL FILINGS
FILING DATA AS OF 2026-08-10. Figures are derived from public SEC EDGAR filings (40most recent quarters shown, Q4 implied as full-year minus Q1-Q3). Valuation multiples use each period’s fiscal period-end close. Live price charts and quotes are provided by TradingView. This page is informational only — it is not investment advice, and figures are not warranted for accuracy. EBITDA is not a GAAP measure; it is derived as operating income + D&A. Verify against the linked source filing before relying on any number here.