Skip to content

Applied Digital APLD Operating Income

Operating Income at other companies

Equinix, Inc. logo
Equinix, Inc.EQIX
$577M+26.0%
Digital Realty logo
Digital RealtyDLR
$112.62M-22.0%
TeraWulf logo
TeraWulfWULF
-$162.14M-172%
Hut 8 Mining Corp. logo
Hut 8 Mining Corp.HUT
-$370.37M-151%
Advanced Energy Industries logo
Advanced Energy IndustriesAEIS
$68.3M+123%
Advanced Micro Devices logo
Advanced Micro DevicesAMD
$1.48B+83.1%

Segments

By segment

See full
Cloud Services Business-$52.19M-406%
HPC Hosting Business$17.57M+8,012%
Data Center Hosting Business$13.86M+57.8%

Other financials

Income statement

See full
Revenue$126.6M+139%
Gross profit$53.8M+1,323%
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 us-gaap:OperatingIncomeLoss.

The official record: Applied Digital’s 10-Q, filed April 8, 2026, on SEC EDGAR. View the filing →

Ask your AI about Applied Digital's operating income.

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 operating income?
Applied Digital (APLD) reported operating income of -$85.67M in Q4 2025.
How has Applied Digital's operating income changed year-over-year?
Applied Digital's operating income decreased by 352.2% year-over-year, from -$18.94M to -$85.67M.
What is the long-term trend for Applied Digital's operating income?
Over 2 years (2022 to 2025), Applied Digital's operating income has grown at a -10.6% compound annual growth rate (CAGR), from -$21.08M to -$16.85M.
What does operating income mean?
The profit a company makes from its core business before interest and taxes.
How do you interpret operating income?
Positive and growing operating income signals a sustainable business model, while negative values indicate the company is not yet covering its operating costs.
How does operating income compare across companies?
Key metric for comparing operational health across peers in the same industry.