Applied Digital reported a strong Q4 2026 revenue of $258.75 million, beating estimates by a wide margin due to high demand from AI clients, marking a 407% year-over-year increase. Despite this revenue surge, the company posted a GAAP loss with an EPS of -$0.39, missing expectations, although adjusted EPS of $0.04 beat forecasts. The company operates with a high debt-to-equity ratio of 2.97 but maintains strong liquidity with a current ratio of 4.01. This mixed financial performance highlights growth potential driven by AI demand, tempered by challenges in profitability and high leverage.
Applied Digital reported strong 4Q26 results, surpassing expectations with $258.7 million in revenue and $0.04 in non-GAAP EPS. The company has secured $36 billion in contracted lease value, a 125% increase year-over-year, largely supported by invest...
Applied Digital Corp reported a 407% increase in Q4 revenue to $258.7 million, driven by strong demand for AI data center infrastructure. The company is rapidly expanding, building five large AI Factory campuses and securing $20 billion in hyperscale...
Applied Digital reported a 407% revenue increase to $258.7 million in Q4 2026, driven by its HPC hosting business and new AI data center leases. The company secured three major 15-year take-or-pay leases totaling approximately $20 billion in contract...
