Q1 FY2027 · ended Aug 31, 2026 · Revenue $262.75M, +224.7% YoY · Filed Oct 7, 2026
Applied Digital Corporation (APLD) files with the SEC under industry code 7374, Services-Computer Processing & Data Preparation. In Q1 of fiscal 2027, the quarter ended Aug 31, 2026, it reported revenue of $262.8 million and a net loss of $184.1 million. Free cash flow was -$2.0 billion. As of Aug 31, 2026 it held $2.9 billion in cash and investments and $106.8 million in total debt.
Company profile
- Industry
- Services-Computer Processing & Data Preparation (SIC 7374)
- Listed as
- APLD (Nasdaq)
- Fiscal year ends
- May 31
- Incorporated in
- NV
- Headquarters
- Dallas, TX
- SEC filer status
- Large accelerated filer
- SEC CIK
- 1144879
- Former names
- Applied Digital Corp. (until Nov 6, 2026); Applied Blockchain, Inc. (until Feb 8, 2023); Applied Science Products, Inc. (until Dec 22, 2020); FLIGHT SAFETY TECHNOLOGIES INC (until Jan 18, 2011); REEL STAFF INC (until Sep 13, 2002)
Other Services-Computer Processing & Data Preparation companies
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All 110 Services-Computer Processing & Data Preparation companies
Key figures
Fiscal-year totals from the annual reports; switch to Annual for the full-year view. Balance sheet lines are as of each year end.
| Line | Q1 FY2027 Aug 31, 2026 |
Q3 FY2026 Feb 28, 2026 |
Q2 FY2026 Nov 30, 2025 |
Q1 FY2026 Aug 31, 2025 |
Q4 FY2025 May 31, 2025 |
|---|---|---|---|---|---|
| Revenue | $262.8M | $126.6M | $126.6M | $80.9M | -$33.3M |
| Operating income | -$62.4M | -$85.7M | -$31.0M | -$9.8M | -$44.1M |
| Net income | -$184.1M | — | -$14.4M | -$16.9M | — |
| Diluted EPS | -$0.82 | -$0.36 | -$0.07 | -$0.07 | -$0.24 |
| Operating cash flow | $63.9M | $55.0M | -$16.3M | -$81.5M | $6.9M |
| Free cash flow | -$2.0B | -$720.2M | -$567.9M | -$331.4M | -$191.4M |
| Total assets | $11.7B | $6.2B | $5.2B | $2.4B | $1.9B |
| Total liabilities | $7.9B | $3.7B | $3.2B | $1.3B | $1.2B |
| Stockholders' equity | $1.6B | $1.6B | $1.4B | $1.0B | $497.7M |
| Cash and investments | $2.9B | $1.7B | $1.9B | $73.9M | $44.0M |
| Total debt | $106.8M | $134.8M | $2.1M | $12.9M | $14.7M |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 8-K |
Current report
Shareholder vote results
|
Nov 6, 2026 | Nov 4, 2026 |
| 10-Q | Quarterly report | Oct 7, 2026 | Aug 31, 2026 |
| 8-K |
Current report
Results of operations
|
Oct 7, 2026 | Oct 7, 2026 |
| ARS | Annual report to shareholders | Sep 25, 2026 | May 31, 2026 |
| 10-K | Annual report | Jul 29, 2026 | May 31, 2026 |
| 8-K |
Current report
Results of operations
|
Jul 27, 2026 | Jul 27, 2026 |
All 831 Applied Digital Corporation SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.