profit from every $100 of sales.
$0$100
Applied Digital
$16.72+7.52% today
-36.7% in 1 year
1-year low $14.171-year high $49.65
Trading close to its lowest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
0%20% a year
It has no yearly profit to compare the price with.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What Applied Digital sold, what it kept, and what it did with the cash.
Sales went from $8.55 million in 2022 to $144 million in 2025, with -$231 million of profit last year.
SalesProfit
Applied Digital vs. similar companies
How it compares with the largest companies in its industry.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| Applied Digital | No profit yet | ||
 IBM | 22.0× · Fair price | ||
 Accenture | 18.0× · Fair price | ||
 Tata Consultancy Services | 18.2× · Fair price | ||
 Infosys | 15.1× · Fair price |
AI analysis
An AI analyst reads Applied Digital's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| 0 | 9 | 55 | 137 | 144 | |
| – | -1 | 11 | 30 | 43 | |
| – | -21 | -43 | -15 | -40 | |
| – | -21 | -35 | 23 | -46 | |
| -1 | -24 | -45 | -149 | -231 | |
| -0.38 | -0.41 | -0.49 | -1.31 | – | |
| – | -11.2% | 19.9% | 21.9% | 29.6% | |
| – | -244.4% | -77.5% | -11.0% | -28.0% | |
| – | -275.1% | -80.6% | -109.3% | -160.2% |
Balance sheet
| In millions of USD | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total assets | 15 | 120 | 264 | 763 | 1,870 |
| Cash | 12 | 39 | 29 | 3 | 44 |
| Total debt | – | 14 | 92 | 136 | 703 |
| Total liabilities | 3 | 41 | 194 | 638 | 1,236 |
| -3 | 72 | 60 | 125 | 498 | |
| 2 | 57 | 94 | 114 | 201 | |
| – | -20.1% | -22.5% | -17.2% | -9.4% | |
| 22.0% | -32.5% | -75.0% | -119.6% | -46.4% |
Cash flow
| In millions of USD | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| -0 | -1 | 59 | 14 | -115 | |
| 0 | 55 | 131 | 142 | 682 | |
| -0 | -56 | -73 | -128 | -797 | |
| Dividends paid | – | – | – | – | 3 |
| – | – | 0 | 0 | 31 | |
| 0 | 12 | 32 | 17 | 23 |
Valuation
- –
- –
- –
- 7.3×
- 35.1×
- –
- –
- -15.8%
- -4.6%
- 0.0%
Profitability
- 29.6%
- -28.0%
- -160.2%
- -11.1%
- -1.6%
- -0.9%
- -15.8%
- -3.0%
- -1.7%
- –
Growth
- +156.5%
- –
- −522.6%
- –
- +118.1%
Financial health
- –
- 1.79
- 45.3%
- -2.9×
- 2.38
- 2.38
- 0.06
How it ranks in Technology
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Bottom 18%of 965
Bottom 6%of 972
Top 1%of 977
Bottom 2%of 978
What analysts expect
- Average price target
- $61.00
- Range
- $40.00 – $99.00
- 1 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| Apr 8, 2026 | -0.36 | -0.10 | −260.0% |
| Jan 7, 2026 | -0.11 | -0.09 | −22.2% |
| Oct 9, 2025 | -0.11 | -0.13 | +14.7% |
| Jul 30, 2025 | -0.12 | -0.12 | +0.0% |
| Apr 14, 2025 | -0.16 | -0.11 | −45.5% |
| Jan 14, 2025 | -0.66 | -0.14 | −371.4% |
| Oct 9, 2024 | -0.03 | -0.27 | +89.0% |
| Aug 28, 2024 | -0.52 | -0.23 | −126.1% |
News
IREN Falls 5% After Friday’s 20% Surge as AI Lending Worries Mount; TeraWulf and Applied Digital Rise 2%Yahoo Finance · Nov 9, 2026Applied Materials, Cisco, Berkshire Hathaway, Nvidia, Micron and Alphabet are part of Zacks Earnings PreviewYahoo Finance · Nov 9, 2026Coherent, Applied Optoelectronics upgraded by Northland on Marvell deal for LumentumSeeking Alpha · Nov 2, 2026Applied Materials (AMAT) Slides Despite EPS Surge and Higher Analyst EstimatesYahoo Finance · Nov 2, 2026CRWV, NBIS, IREN, APLD Stocks Drop After Microsoft Capex Falls Short On Delayed Third-Party CapacityYahoo Finance · Oct 29, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
0/7Passes 0 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
14No pass
Benjamin Graham
23No pass
Philip Fisher
35No pass
Peter Lynch
20No pass
Joel Greenblatt
0No pass
Charlie Munger
24No pass
Terry Smith
32No pass
Questions about Applied Digital
Is Applied Digital a good stock to buy?
A business with weak numbers that is not profitable yet. 0 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Applied Digital AI analysis
What does Applied Digital do?
Applied Digital Corporation designs, develops, and operates digital infrastructure solutions and cloud services high-performance computing (HPC) and artificial intelligence industries in North America. It is in Information Technology Services, based in Dallas, TX, United States, with 205 employees.
Does Applied Digital pay a dividend?
Yes. In 2025 it paid out $2.62 million in dividends.
Is Applied Digital stock halal?
Yes. Applied Digital passes our halal screen: its business is permitted and its debt is 14% of its market value, under the 30% limit. How we check
How has Applied Digital stock done over the past year?
Down 36.7% over the past twelve months, to $16.72. It traded between $14.17 and $49.65 and is 66.3% below its high.
Who are Applied Digital's competitors?
The largest listed companies in the same industry are IBM, Accenture, Tata Consultancy Services and Infosys. The peers table on this page compares their profit, growth and price with Applied Digital's.
Prices: daily closes to Nov 9, 2026. Fundamentals: company reports via invest-like data.