Applied Digital Corporation reports results for the quarter ended August 31 - Earnings Summary

Applied Digital

07/10/2026 22:42

Applied Digital Corporation APLD.OQ reported a quarterly adjusted loss of 82 cents​​ per share for the quarter ended August 31, lower than the same quarter last year, when the company reported EPS of -7 cents.  The mean expectation of twelve analysts for the quarter was for a loss of 30 cents per share. Wall Street expected results to range from -53 cents to -6 cents per share.
Revenue rose 432.4% to $341.88 million from a year ago; analysts expected $133.76 million. 
Applied Digital Corporation's reported EPS for the quarter was a loss of 82 cents​.
The company reported a quarterly loss of $237.08 million.
Applied Digital Corporation shares had risen by 4.0% this quarter and gained 3.3% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 13.9% in the last three months.​ 
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 16 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the blockchain & cryptocurrency peer group is also "buy" 
Wall Street's median 12-month price target for Applied Digital Corporation is $70.00, about 63.8% above its last closing price of $25.34
This summary was machine generated from LSEG data October 7 at 09:42 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING
ESTIMATE 
ACTUAL
BEAT, MET, MISSED
Aug. 31 2026 
-0.30
-0.82
Missed
May. 31 2026 
-0.22
-0.39
Missed
Feb. 28 2026 
-0.13
-0.40
Missed
Nov. 30 2025 
-0.12
-0.13
Missed