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Applied Digital APLD Data Center Hosting Business — Total Costs & Expenses

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Other financials

Income statement

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Revenue$258.7M+407%
Gross profit$97.3M-13.3%
Operating income-$124.8M
Net income-$82.4M-56.9%
EPS (diluted)-$0.40-73.9%

Balance sheet

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Cash & equivalents$1.6B+1,191%
Total debt$5.1B+511%
Total equity$1.7B+245%
Total assets$9.9B+431%

Cash flow

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Operating cash flow$132.5M
CapEx$1.3B+550%
Free cash flow-$1.2B-504%

Valuation

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Market cap$8.6B+122%
Enterprise value$12.14B+165%
P/S14.9×-2.0×

Profitability

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Gross margin32.2%-23.4pp
Operating margin-45.8%
Net margin-32%-13.0pp
FCF margin-481.8%+297pp

Returns & leverage

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Return on equity-16.6%-7.3pp
Debt / equity+1.3×
Current ratio+3.7×

Where this comes from

Reported directly by Applied Digital in its filing.

Tagged under the XBRL concept us-gaap:CostsAndExpenses.

The source filing: Applied Digital’s 10-K, filed July 29, 2026.

Filed
Jul 29, 2026, 4:07 PM EDT
Fiscal year
FY2026
Accession
0001144879-26-000048
Line itemData Center Hosting BusinessHPC Hosting Business
Total segment revenue154,403385,304
Costs and expenses:
Services cost of revenue102,980258,147
Data center rental and other cost of revenue56,773
Selling, general and administrative2,51630,017
Loss on abandonment of assets5701,240
Total costs and expenses106,066346,177
Segment profit$48,337$39,127

Item 8. Financial Statements and Supplementary Data

FAQ

What is Applied Digital's data center hosting business — total costs & expenses?
Applied Digital (APLD) reported data center hosting business — total costs & expenses of $24.86M in Q1 2026.
How has Applied Digital's data center hosting business — total costs & expenses changed year-over-year?
Applied Digital's data center hosting business — total costs & expenses decreased by 20.5% year-over-year, from $31.27M to $24.86M.
What is the long-term trend for Applied Digital's data center hosting business — total costs & expenses?
Over 3 years (2023 to 2026), Applied Digital's data center hosting business — total costs & expenses has grown at a 13.0% compound annual growth rate (CAGR), from $73.57M to $106.07M.
What does data center hosting business — total costs & expenses mean?
This is the aggregate of all operating costs, including direct hosting costs, administrative overhead, and other segment-specific expenses. It provides a comprehensive view of the total expenditure required to maintain the segment's operations.

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