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Applied Digital Corp.

Applied Digital Corp.APLDEarnings & Financial Report

Nasdaq

BAE Systems Digital Intelligence is an international defence and security technology firm owned by BAE Systems. They specialize in delivering digital solutions that enable rapid, data-driven decision-making. Their services, solutions and products span customers in Law Enforcement, National Security, Government Departments and Government Enterprises, Critical National Infrastructure, Telecommunications, the Military, and Space.

NextApr 14, 2026

APLD Q2 2026 Key Financial Metrics

Revenue

$126.6M

Gross Profit

$26.0M

Operating Profit

$-31.0M

Net Profit

$-14.4M

Gross Margin

20.6%

Operating Margin

-24.5%

Net Margin

-11.4%

YoY Growth

98.2%

EPS

$-0.07

Financial Flow

Applied Digital Corp. Q2 2026 Financial Summary

Applied Digital Corp. reported revenue of $126.6M for Q2 2026, with a net profit of $-14.4M (-11.4% margin). Cost of goods sold was $100.6M, operating expenses totaled $57.0M.

Key Financial Metrics

Total Revenue$126.6M
Net Profit$-14.4M
Gross Margin20.6%
Operating Margin-24.5%
Report PeriodQ2 2026

Applied Digital Corp. Annual Revenue by Year

Applied Digital Corp. annual revenue history includes year-by-year totals (for example, 2025 revenue was $144.2M).

YearAnnual Revenue
2025$144.2M
2024$165.6M
2023$55.4M

Income Statement

Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026
Revenue$43.3M$43.7M$60.7M$63.9M$52.9M$-33.3M$64.2M$126.6M
YoY Growth207.7%98.3%67.1%51.3%22.1%-176.2%5.8%98.2%

Balance Sheet

Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026
Assets$643.2M$762.9M$937.7M$1.54B$1.71B$1.87B$2.40B$5.23B
Liabilities$524.7M$638.0M$640.6M$1.05B$1.21B$1.24B$1.29B$3.16B
Equity$118.5M$124.8M$241.8M$434.6M$454.6M$497.7M$1.04B$1.45B

Cash Flow

Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026
Operating CF$38.8M$-34.1M$-75.9M$-52.3M$5.9M$6.9M$-82.0M$-15.8M