NASDAQ · Information Technology Services

Applied Digital Corporation (APLD) Stock

$18.25 -4.40% NASDAQ: APLD Technology

Valuation

MetricValue
Price$18.25
Market Cap$5.52B
P/E Ratio-29.49
P/B Ratio4.21
P/S Ratio13.12
EPS (TTM)$0.00
52-Week High$50.73
52-Week Low$18.05
Dividend Yield0.00%

Financials & Margins

MetricValue
ROE-16.65%
ROA-2.45%
ROCE-2.22%
Gross Margin-33.33%
Operating Margin-33.33%
Net Margin-42.31%
Debt/Equity2.86
Current Ratio0.77

Annual Financials (USD)

Metric20222023202420252026
Revenue$9.0M$55.0M$137.0M$216.0M$611.0M
Operating Profit$-21.0M$-44.0M$-15.0M$-72.0M$-236.0M
Net Profit$-24.0M$-45.0M$-149.0M$-231.0M$-244.0M
EPS$-0.41$-0.48$-1.31$-1.16$-0.91
Op Margin-244.4%-79.5%-11.0%-33.5%-38.7%

Balance Sheet (USD)

Metric20222023202420252026
Total Assets$120.0M$264.0M$763.0M$1.9B$9.9B
Total Liabilities$41.0M$194.0M$638.0M$1.2B$6.2B
Cash$39.0M$29.0M$3.0M$114.0M$1.6B
Borrowings$14.0M$92.0M$136.0M$703.0M$5.1B

Latest News

Google, Amazon Increase Data-Center Capacity Plans Investor's Business Daily · Jul 10, 2026 APLD's Customer Concentration Remains High: Will it Limit Growth? Zacks · Jul 10, 2026 LRCX, APLD, KLAC: Why Chip Equipment Stocks Are Falling Premarket Today Stocktwits · Jul 10, 2026 Analysts reveal investors are underestimating Bitcoin miners TheStreet · Jul 9, 2026 1 Mid-Cap Stock on Our Watchlist and 2 We Ignore StockStory · Jul 9, 2026

Cash Flow (USD)

Metric20222023202420252026
Operating Cash Flow$-1.0M$59.0M$14.0M$-115.0M$90.0M
Investing Cash Flow$-101.0M$-263.0M$-314.0M$-1.3B$-4.0B
Financing Cash Flow$0$2.0M$-1.0M$-206.0M$-37.0M
Net Cash Flow$35.0M$-3.0M$-12.0M$89.0M$3.9B
Free Cash Flow$-56.0M$-73.0M$-128.0M$-797.0M$-2.8B

Valuation & Return Ratios

MetricValue
PEG Ratio1.12
EV / EBITDA-100.09
FCF Yield-36.74%
Quick Ratio4.01
Interest Coverage-7.46
Return 1Y-4.12%
Return 3Y371.75%
Return 5Y—

Peer Comparison

TickerPriceChangeP/EMarket CapDiv Yield
AIBAIB Data Centers Inc. $0.96 -8.10% -21.92 $73.31M 0.00%
CIFRCipher Digital Inc. $7.94 -4.57% -5.52 $3.30B 0.00%
CORZCore Scientific, Inc. $13.10 -0.76% -3.82 $4.21B 0.00%
KEELKeel Infrastructure Corp. $2.17 -3.12% -4.83 $1.31B 0.00%
MARAMARA Holdings, Inc. $7.02 -3.17% -1.20 $2.71B 0.00%

About Applied Digital Corporation

Applied Digital Corporation is led by CEO Wes Cummins, employs 205 people, headquartered in Dallas, US, publicly traded since 2022.

Applied Digital Corporation (APLD) stock trades at $18.25 with a market capitalization of $5.52B. The stock is valued at a negative price-to-earnings (P/E) ratio of -29.49, reflecting a net loss over the last twelve months, price-to-book of 4.21, price-to-sales of 13.12. Over the past 52 weeks the stock has ranged between $18.05 and $50.73, and currently trades 64.0% below its 52-week high.

On profitability, Applied Digital Corporation generates a return on equity (ROE) of -16.65% (negative, reflecting a net loss), return on capital employed of -2.22%, an operating margin of -33.33%, a net profit margin of -42.31%.

Applied Digital Corporation by the numbers, 2020–2026

Between 2020 and 2026 Applied Digital Corporation reported revenue of $0 rising to $611.0M. Compounded, revenue has grown —% a year over five years, 123.1% over three, 182.9% over the last twelve months. Net profit was $-244.0M in 2026.

The most recent net margin is -42.31%. On a trailing twelve-month basis to Jun '26, revenue is $577.0M and net profit $-244.0M.

Borrowings stand at $5.1B, cash from operations was $90.0M in the latest year, positive in 3 of the last 7.

Return on equity has averaged -55.5% over five years, and was -13.7% in the most recent year.

The share price itself has compounded at —% a year over five years, 114.1% over three, 692.9% over the last year. Past price movement is history, not a forecast.

Figures are as reported and in the company's own reporting currency. They describe what has already happened and carry no implication about what follows.

Applied Digital Corporation (APLD) — frequently asked questions

What is Applied Digital Corporation (APLD) stock price today?

Applied Digital Corporation (APLD) is currently trading at $18.25, down 4.4% today.

What is APLD P/E ratio?

Applied Digital Corporation's P/E ratio is -29.49. A negative P/E means the company reported a net loss over the last twelve months, so P/E is not a meaningful valuation measure for it right now.

What is APLD return on equity (ROE)?

Applied Digital Corporation's return on equity (ROE) is -16.65%. ROE measures net income relative to shareholders' equity. A negative ROE means the company reported a net loss over the period.

What is Applied Digital Corporation's market cap?

Applied Digital Corporation has a market capitalization of $5.52B.

Does APLD pay a dividend?

Applied Digital Corporation is not currently showing a dividend yield in our data, which means no recent cash dividend was recorded for it.

How much debt does APLD carry?

Applied Digital Corporation has a debt-to-equity ratio of 2.86. That compares total borrowings with shareholders' equity: a figure under 1 means equity exceeds debt.

What is APLD's profit margin?

Applied Digital Corporation reports a net profit margin of -42.31% — the share of revenue left after every cost, including tax and interest.

What sector is APLD in?

Applied Digital Corporation is classified under Technology, in the Information Technology Services industry. Ratios are most informative compared with other companies in the same industry rather than across the whole market.

Which exchange is APLD listed on?

Applied Digital Corporation trades on NASDAQ under the ticker APLD.

What is APLD's 52-week range?

Over the last year Applied Digital Corporation has traded between $18.05 and $50.73.

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Screens APLD currently matches

On the figures above, Applied Digital Corporation passes the filters for 7 of our ready-made screens, among them Most Shorted Stocks, NASDAQ Style Tech Screen, High Debt to Equity Stocks. Appearing on a screen means the numbers meet its filters today and nothing more; the list is rebuilt whenever the data changes.

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