Applied Digital Corp. (APLD)
Information Technology · High-performance computing infrastructure and data center services · Nasdaq
Applied Digital builds and operates specialized high-performance computing data centers for AI and machine learning workloads.
What Applied Digital Corp. does
Applied Digital Corporation builds and operates high-performance computing infrastructure, including data centers and power delivery systems, to serve customers in artificial intelligence, machine learning, blockchain, and other computational workloads. The company designs, manufactures, and deploys advanced computing facilities and related equipment, with operations spanning data center construction, equipment fabrication, and managed hosting services. Revenue grew 128.91% year-over-year as the company scaled its infrastructure offerings to meet surging demand for GPU-intensive computing capacity.
Themes: ["AI infrastructure"]
Fundamentals
- Price$31.15 as of 2026-07-10 close
- Market cap$8.9B as of 2026-07-12
- 1-year return+233.9% as of 2026-07-10 close
- Net margin-42.1% as of 2026-07-12
- Gross margin+27.9% as of 2026-07-12
- ROE-15.1% as of 2026-07-12
- Debt / equity1.68 as of 2026-07-12
- Revenue growth (YoY)+128.9% as of 2026-07-12
- Revenue CAGR (3y)+156.5% SEC XBRL
- Beta5.78 as of 2026-07-12
Dividend: yield +0.1%; pays a dividend.
Key risks (from latest filing)
["Rapid capital expenditure requirements and construction delays could strain liquidity; the company is building multiple data center facilities requiring substantial financing and operational execution"]
Competitors & peers
Fundamentals: Finnhub, as of 2026-07-12. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-10.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.