DalsnaFinance

Applied Digital Corp $APLD

Information Technology

Russell 1000 Texas
Create a scorecard
$19.33
+0.08 (+0.42%)
As of Oct 20, 2026, 6:42 PM EDT · cached
Price history
Loading chart…
Today's analyst average Analyst average over timeIndividual analyst targets Analyst history starts Sep 22, 2026, the first target we tracked for APLD.

Applied Digital Corp (APLD) is trading up at $19.33 (+0.42%), as of the latest quote. It is a Russell 1000 constituent in the Information Technology sector.

IPO: April 13, 2022 · $5.00 offering · NASDAQ · View IPO details →

Analyst price targets on APLD

One firm's current price target on Applied Digital Corp: $50 — 159% above the current $19.3. Each is tracked to its date and scored the same way a member's call is.

Targets published by research firms, extracted from the news, checked against independent reporting, and linked to their source. Where a firm did not state a horizon the target is tracked as 12 months, the industry convention; the rows where the firm set its own horizon are marked. Reported here as facts about what was published — not recommendations from Dalsna Finance, and no firm listed is affiliated with this site.

Applied Digital Corp revenue & net income history (FY2021–FY2026)

RevenueNet incomeNet margin (right axis, %)
$611.3M$180.5M−$250.3MFY2021 revenue: $0FY2021 net income: −$568.0K'21FY2022 revenue: $8.55MFY2022 net income: −$23.5M · Net margin −275.1%'22FY2023 revenue: $55.4MFY2023 net income: −$44.6M · Net margin −80.6%'23FY2024 revenue: $165.6MFY2024 net income: −$149.3M · Net margin −90.2%'24FY2025 revenue: $228.6MFY2025 net income: −$233.7M · Net margin −102.2%'25FY2026 revenue: $611.3MFY2026 net income: −$250.3M · Net margin −40.9%'26−50%0%50%FY2022 net margin: −275.1% (off the scale, which stops at −51.2%)FY2023 net margin: −80.6% (off the scale, which stops at −51.2%)FY2024 net margin: −90.2% (off the scale, which stops at −51.2%)FY2025 net margin: −102.2% (off the scale, which stops at −51.2%)FY2026 net margin: −40.9%
Applied Digital Corp annual financial statements
FY2021May 2021FY2022May 2022FY2023May 2023FY2024May 2024FY2025May 2025FY2026May 2026
Income statement
Revenue$0$8.55M$55.4M$165.6M$228.6M$611.3M
Growth (year over year)——+547.9%+198.9%+38.0%+167.5%
Gross profit$0−$957.0K$11.0M$17.2M$11.8M$214.5M
Gross margin—−11.2%19.9%10.4%5.2%35.1%
Operating income−$332.0K−$20.9M−$42.9M−$98.3M−$72.2M−$236.5M
Operating margin—−244.4%−77.5%−59.4%−31.6%−38.7%
Net income−$568.0K−$23.5M−$44.6M−$149.3M−$233.7M−$250.3M
Net margin—−275.1%−80.6%−90.2%−102.2%−40.9%
EPS (diluted)−$0.38−$0.41−$0.47−$1.31−$1.16−$0.91
Balance sheet
Cash and equivalents$11.8M$38.8M$29.0M$3.34M$44.0M$1.59B
Total assets$15.1M$120.0M$264.0M$762.9M$1.87B$9.93B
Total liabilities$2.50M$40.7M$194.3M$638.0M$1.24B$6.19B
Long-term debt—$7.19M————
Shareholders' equity−$2.58M$72.3M$59.5M$124.8M$497.7M$1.72B
Cash flow
Operating cash flow−$83.0K−$872.0K$58.7M$13.8M−$115.4M$89.7M
Capital expenditure$20.0K$58.3M$131.3M$141.8M$681.6M$2.87B
Free cash flow−$103.0K−$59.1M−$72.5M−$128.0M−$797.0M−$2.78B
Share buybacks——$0$0$31.3M$0

From Applied Digital Corp's 10-K and 10-Q filings with the SEC; its fiscal year ends in May. Each period shows the latest figure the company has reported for it, including restatements. Net margin is our own calculation from those reported figures (net income ÷ revenue); it is left blank where revenue is zero or missing. † Quarter derived from the company's year-to-date or full-year totals. Filings on SEC EDGAR →

About Applied Digital Corp

Headquarters
Dallas, Texas From SEC filings, Oct 2026

Recent News (1)

More Information Technology stocks

Browse all companies →