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← Applied Digital Corporation
FY2026 earningsWed, Jul 29, 2026

Applied Digital reports full fiscal year 2026 results

Total Revenue611.31M USD
Adjusted EBITDA107.2M USD
Net Income (Loss)-249.2M USD
Total Contracted Power Portfolio1.41GW· IT load

Key points

  • FY2026 (Jun 2025-May 2026) total GAAP revenue $611.3M (adjusted $539.7M); net loss $249.2M attributable to common; Adjusted EBITDA $107.2M
  • HPC Hosting segment revenue driven by Polaris Forge/Delta Forge CoreWeave leases; SBC spiked to $220.1M on accelerated vesting tied to ChronoScale separation
  • Total assets $9.93B, total debt ~$5.0B