Applied Digital Corporation (APLD)
Applied Digital revenue quadruples on AI data center demand
Applied Digital Corp (NASDAQ:APLD) reported fourth-quarter revenue of $258.7 million, up 407% from a year earlier, as the company accelerates its shift into a pure-play AI infrastructure developer. The company posted adjusted earnings of $0.04 per share for the quarter, compared with analyst estimates of a loss of $0.22 per share.
Applied Digital Corporation (APLD) Q4 2026 Earnings Call Transcript
Applied Digital Corporation (APLD) Q4 2026 Earnings Call Transcript
Applied Digital Q4 Earnings Call Highlights
Applied Digital NASDAQ: APLD reported fiscal fourth-quarter revenue of $258.7 million for the period ended May 31, 2026, as the company expanded its contracted AI data center capacity and secured financing for additional campuses.
5 Biggest Earnings Reports to Watch This Week
Earnings season hits a crescendo the week of July 27, 2026, and the calendar reads like a macro stress test.
Applied Digital Set to Report Q4 Earnings: Hold or Fold the Stock?
APLD's fiscal Q4 report may highlight booming AI infrastructure growth, but profitability challenges remain in focus.
Applied Digital Could Have 155% Upside Ahead of July 27 Q2 Earnings
Applied Digital (NASDAQ:APLD) is a rare AI infrastructure story that behaves like a landlord, benefiting from long-duration, contracted revenue streams while masquerading as a growth stock.
Applied Digital: The AI Power Landlord
Applied Digital (APLD) has transitioned from crypto data centers to a leading AI infrastructure platform, targeting hyperscaler demand for high-density capacity. APLD boasts $36B in contracted lease revenue across five AI Factory campuses, with 1.4 GW critical IT load and diversified, investment-grade tenants. Financing strength is evident: multi-billion dollar project-level debt and revolving credit facilities support rapid expansion, with future refinancing potential.
APLD Dips 33% in a Month: Should You Hold or Fold the Stock?
Applied Digital faces pressure as heavy AI data center expansion, customer concentration and premium valuation cloud its near-term outlook despite strong growth.
Applied Digital: Riding The Data Center Wave Before It Gets Crowded
Applied Digital receives a Buy rating, driven by robust triple-digit revenue growth and strong future demand signals. APLD is positioned as a significant beneficiary in the data center market, which may still be in its early innings. Despite substantial appreciation and not being the cheapest data center play, I see no structural concerns undermining the bullish thesis.
Applied Digital: The 37% Drop Doesn't Get Me Excited
Applied Digital has successfully pivoted from crypto mining to AI-focused data center operations, securing long-term hyperscaler contracts. APLD boasts $36 billion in contracted lease value over 15 years, with $2 billion annualized NOI and rapid capacity expansion through 2028. Macquarie's potential $5 billion investment and a 97% stake in ChronoScale enhance APLD's growth and asset value, but monetization challenges exist.
APLD's Customer Concentration Remains High: Will it Limit Growth?
Applied Digital's AI data center expansion is backed by long-term leases, but heavy reliance on a few hyperscale customers raises long-term revenue and execution risks.
Why Penguin Solutions May Be the Smartest AI Infrastructure Stock
While not technically a pure-play GPU-as-a-Service or neocloud operator, Penguin Solutions NASDAQ: PENG is essentially in the same business as Nebius NASDAQ: NBIS, Iren NASDAQ: IREN, and Applied Digital NASDAQ: APLD, but with far less risk.
