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Applied Digital APLD Q3 2026 earnings

Reported April 8, 2026 · After market close

Revenue$126.6MBeat by $51.1M
EPS-$0.36Miss by $0.21
Revenue estimate$75.5M
EPS estimate-$0.15

Next report

Oct 8, 2026 (in 2 months)
Revenue estimate$111.1M
EPS estimate-$0.24

Financials

Q3 2026

Income statement

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Revenue$126.6M+139%
Gross profit$53.8M+1,323%
Operating income-$85.7M-352%
Net income-$70.6M-98.4%
EPS (diluted)-$0.36-125%

Balance sheet

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Cash & equivalents$2.1B+707%
Total debt$2.8B+525%
Total equity$1.6B+248%
Total assets$6.2B+266%

Cash flow

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Operating cash flow$55.0M
CapEx$775.2M+201%
Free cash flow-$720.2M-186%

Valuation & ratios

Valuation

as of 02/28/26
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Market cap$7.62B+328%
Enterprise value$8.3B+322%
P/S20.7×+12.6×

Profitability

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Gross margin54.4%
Net margin-41.9%-16.0pp
FCF margin-491.4%+639pp

Returns & leverage

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Return on equity-15.2%-6.8pp
Debt / equity1.8×+0.8×
Current ratio2.4×+1.7×

Segments

By segment

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HPC Hosting Business$71.0M
Data Center Hosting Business$37.5M+6.8%
Cloud Services Business$18.1M+1.9%

FAQ

When did Applied Digital report Q3 2026 earnings?
Applied Digital (APLD) reported Q3 2026 earnings on April 8, 2026 after market close.
What were Applied Digital's Q3 2026 revenue and EPS?
Applied Digital reported revenue of $126.6M and eps of $-0.36 for Q3 2026.
Did Applied Digital beat estimates in Q3 2026?
Revenue beat the consensus estimate of $75.5M by $51.1M. EPS missed the consensus estimate of $-0.15 by $0.21.
How did Applied Digital's Q3 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 139.3% from $52.9M a year earlier and eps declined 125.0% from $-0.16.
Where can I find Applied Digital's Q3 2026 SEC filings?
You can read the 8-K earnings release (0001144879-26-000029) and the 10-Q periodic report (0001144879-26-000030) directly on SEC EDGAR. The filing index links above go to sec.gov.