Skip to content

Applied Digital APLD Mining Segment — Cryptoasset Mining Revenue

Discontinued — last reported Q3 '23

Similar metrics at other companies

TeraWulf logo
WULFDigital Asset Mining Segment — Digital asset revenue
$12.99M-62.2%
TeraWulf logo
WULFDigital Asset Mining Segment — Gross Profit
$10.21M+46.7%
TeraWulf logo
WULFCrypto Mining — Digital asset revenue
$13M-62.2%
Cipher Digital, Inc.
 logo
CIFRBitcoin Mining — Revenue - bitcoin mining
$34.84M-28.8%
Riot Platforms, Inc. logo
RIOTMining — Revenue
$111.9M-21.7%
Hut 8 Mining Corp. logo
HUTDigital Assets Mining — Revenue
$11.61M-25.4%

Other financials

Income statement

See full
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

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

Cash flow

See full
Operating cash flow-$15.8M+69.7%
CapEx$775.2M+201%
Free cash flow-$720.2M-186%

Valuation

See full
Market cap$13.31B+328%
Enterprise value$13.99B+322%
P/S39.4×+17.0×

Profitability

See full
Gross margin34.4%+5.9pp
Operating margin-44.2%
Net margin-45.7%-19.4pp
FCF margin-536.3%+40.8pp

Returns & leverage

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

Where this comes from

Reported directly by Applied Digital in its filing.

Tagged under the XBRL concept apld:DisposalGroupIncludingDiscontinuedOperationRevenueNetOfPoolFees.

The official record: Applied Digital’s 10-Q, filed April 6, 2023, on SEC EDGAR. View the filing →

Ask your AI about Applied Digital's mining segment — cryptoasset mining revenue.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is Applied Digital's mining segment — cryptoasset mining revenue?
Applied Digital (APLD) reported mining segment — cryptoasset mining revenue of $0 in Q4 2022.
How has Applied Digital's mining segment — cryptoasset mining revenue changed year-over-year?
Applied Digital's mining segment — cryptoasset mining revenue decreased by 100.0% year-over-year, from $907K to $0.
What does mining segment — cryptoasset mining revenue mean?
Total revenue earned from digital asset mining activities.
How do you interpret mining segment — cryptoasset mining revenue?
An increase indicates higher production volume or favorable market pricing for mined assets, while a decrease suggests lower output or declining market prices.
How does mining segment — cryptoasset mining revenue compare across companies?
Commonly reported by blockchain infrastructure and crypto-mining firms as a primary top-line indicator.