Applied Digital APLD Gross margin

Gross margin at other companies

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51.5%+1.4pp

Cipher Digital, Inc.CIFR

71.9%+11.9pp

Core Scientific, Inc.CORZ

28.3%+23.2pp

SHA

SharonAI Holdings, Inc.SHAZ

-16.3%—

Hut 8 Mining Corp.HUT

62.3%+18.9pp

TeraWulfWULF

69.3%+25.4pp

FAQ

What is Applied Digital's gross margin?

Applied Digital (APLD) reported gross margin of 32.2% in Q1 2026.

How has Applied Digital's gross margin changed year-over-year?

Applied Digital's gross margin decreased by 42.0% year-over-year, from 55.6% to 32.2%.

What is the long-term trend for Applied Digital's gross margin?

Over 3 years (2022 to 2026), Applied Digital's gross margin has grown at a 38.1% compound annual growth rate (CAGR), from -12.2% to 32.2%.

What does gross margin mean?

Gross profit (revenue minus cost of revenue) as a percentage of revenue, on a trailing-twelve-month basis. Measures how much of each sales dollar survives the direct cost of producing the goods or services sold.