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Applied Digital APLD Total costs & expenses

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Segments

By segment

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HPC Hosting Business$176.83M+5,671%
Cloud Services Business$70.28M+150%
Data Center Hosting Business$24.86M-20.5%

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$8.31B+115%
Enterprise value$11.85B+158%
P/S14.4×-2.5×

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 itemFiscal Year Ended / May 31, 2026Fiscal Year Ended / May 31, 2025Fiscal Year Ended / May 31, 2024
Loss (gain) on classification as held for sale (2)59,650(24,616)15,417
Loss on abandonment of assets2,398724
Loss from legal settlement2,380
Total costs and expenses847,773300,744263,913
Operating loss(236,462)(72,175)(98,338)
Interest expense, net (3)29,51632,13927,517
Gain on change in fair value of derivatives(75,818)
Gain on change in fair value of investments(10,840)

Item 8. Financial Statements and Supplementary Data

FAQ

What is Applied Digital's total costs & expenses?
Applied Digital (APLD) reported total costs & expenses of $383.57M in Q1 2026.
What is the long-term trend for Applied Digital's total costs & expenses?
Over 3 years (2022 to 2026), Applied Digital's total costs & expenses has grown at a 246.9% compound annual growth rate (CAGR), from $20.12M to $839.93M.
What does total costs & expenses mean?
This is the aggregate of all operating and non-operating costs incurred by the company during a reporting period. It provides a comprehensive view of the total expenditure required to sustain the business model.

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