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Applied Digital Corporation (APLD) is a technology company in the digital currency mining services industry, based in Dallas, United States, with about 256 full-time employees.
It reported revenue of $611.31 million for fiscal year 2026, up 324.0% from fiscal year 2025, and net income of -$250.26 million. Its largest business segment, HPC Hosting Segment, brought in 71% of segment revenue in fiscal year 2026. Its market capitalization was $7.16 billion as of October 9, 2026.
Figures from company filings and market data; latest fiscal year ended May 31, 2026; market data as of October 9, 2026.
Applied Digital Corporation designs, develops, and operates digital infrastructure solutions to high-performance computing (HPC) and artificial intelligence industries in North America. It operates through: Data Center Hosting, and HPC Hosting Business.
Applied Digital reported $611.31 million in revenue for fiscal year 2026, up 324.0% from $144.19 million in fiscal year 2025.
HPC Hosting Segment, with $385.30 million or 71% of segment revenue in fiscal year 2026. Next: Data Center Hosting Segment (29%).
$7.16 billion as of October 9, 2026.
Listed companies of a similar size in the same industry (digital currency mining services) include Hut 8 Corp. (HUT), Digi Power X Inc. (DGXX), BitFuFu Inc. (FUFU), Soluna Holdings, Inc. (SLNH).