APLD posts a wider Q3 loss, but revenues soar 139% on HPC growth and data center demand, as massive hyperscaler deals signal long-term expansion potential.
Shares of Applied Digital Corp (NASDAQ: APLD) fell more than 7% at Thursday's open after the company reported third-quarter results that beat revenue expectations but were weighed down by hefty write-downs and stock-based compensation. The blockchain and high-performance computing (HPC) firm posted a net loss attributable to common stockholders of $100.9 million, or $0.36 per share, well below the consensus estimate of a $0.10 loss per share.
APLD, EPC and OPAL have been added to the Zacks Rank #5 (Strong Sell) List on April 9, 2026.
Applied Digital Corporation (APLD) Q3 2026 Earnings Call Transcript
Applied Digital Corporation (APLD) came out with a quarterly loss of $0.36 per share versus the Zacks Consensus Estimate of a loss of $0.1. This compares to a loss of $0.16 per share a year ago.
Applied Digital reported stronger-than-expected earnings and revenue as demand for AI data-center capacity accelerates.
Applied Digital on Wednesday beat estimates for quarterly revenue, driven by steady demand for its data center services used by enterprises to support a boom in generative AI applications.
Applied Digital (NASDAQ: APLD) is pushing higher on April 8th as investors position themselves ahead of the company's Q3 earnings, due after the closing bell. The high-performance computing (HPC) infrastructure firm enters this print at a critical juncture; while APLD stock was a massive winner last year, it's faced a volatile 2026, currently down about 1% year-to-date.
Applied Digital ramps AI data centers, but surging debt and rising interest costs outpace cash flows, pressuring margins and flexibility.
APLD heads into fiscal Q3 with rising cost pressures, debt burden and execution challenges, as margin strain weighs on its outlook.
Applied Digital Corporation (APLD) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Applied Digital (APLD) is building a high-margin, REIT-like AI infrastructure platform, securing long-term hyperscaler leases and multi-gigawatt power capacity. APLD's recent $2.4B power project and $2.15B Polaris Forge 2 financing de-risk expansion, ensuring reliable energy and capital for scalable growth. Revenue multiples are extremely elevated, with market expectations hinging on 50%+ annual growth, flawless execution, and additional hyperscaler contracts.