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Applied Digital APLD HPC Hosting Business — Data center rental and other revenue

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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:OperatingLeaseLeaseIncome.

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
Revenue:
Services revenue$154,403$270,602
Data center rental and other revenue$114,702
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

Item 8. Financial Statements and Supplementary Data

FAQ

What is Applied Digital's HPC hosting business — data center rental and other revenue?
Applied Digital (APLD) reported HPC hosting business — data center rental and other revenue of $28.68M in Q1 2026.
What does HPC hosting business — data center rental and other revenue mean?
This metric represents the total revenue generated from leasing physical data center space and providing associated infrastructure services to high-performance computing clients. It reflects the core income stream derived from the company's specialized facility capacity dedicated to intensive computational workloads. This revenue stream is a key indicator of the company's ability to monetize its digital infrastructure assets within the high-performance computing market.

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