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Applied Digital APLD Shares (Diluted)

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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:WeightedAverageNumberOfDilutedSharesOutstanding.

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
Continuing operations$(249,243)$(233,680)$(149,274)
Discontinued operations(1,020)
Net loss attributable to common stockholders$(250,263)$(233,680)$(149,274)
Basic and diluted net loss per share attributable to common stockholders
Continuing operations$(0.91)$(1.16)$(1.31)
Discontinued operations
Basic and diluted net loss per share attributable to common stockholders$(0.91)$(1.16)$(1.31)
Basic and diluted weighted average number of shares outstanding275,194,755201,194,451114,061,414

Item 8. Financial Statements and Supplementary Data

FAQ

What is Applied Digital's shares (diluted)?
Applied Digital (APLD) reported shares (diluted) of 275.2M in Q1 2026.
How has Applied Digital's shares (diluted) changed year-over-year?
Applied Digital's shares (diluted) increased by 36.8% year-over-year, from 201.2M to 275.2M.
What is the long-term trend for Applied Digital's shares (diluted)?
Over 4 years (2022 to 2026), Applied Digital's shares (diluted) has grown at a 51.2% compound annual growth rate (CAGR), from 208.9M to 1.1B.
What does shares (diluted) mean?
The weighted-average shares outstanding plus all potentially dilutive shares from stock options, RSUs, convertible securities, and warrants, using the treasury stock method.

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