Applied Digital Posts $0.82 Q1 Loss Per Share
APLD sits 29% above its 52-week low of $19.005 on elevated volume (2.3× avg).
Summary
Applied Digital reported a Q1 FY2027 net loss attributable to common stockholders of $221.0 million, or $0.76 per share, with adjusted net loss of $4.1 million, or $0.01 per share. Revenue was $341.9 million, and adjusted revenue was $300.4 million, with adjusted EBITDA of $64.4 million. Results topped estimates, and the stock ticked up. The loss per share is a key metric for a company in heavy investment mode, and traders will compare it to expectations and prior quarters. This is the first earnings release for the quarter and comes after a transformational FY2026 where revenue surged 167% to $611M and the company built a $36.2B contracted lease backlog. The company recently brought 75 MW online at Polaris Forge 1 and announced up to 1 GW of potential power capacity in Finland, so the loss may reflect ongoing expansion costs.
Updated with an SEC 8-K filing · What changed
Updates
· SEC 8-K — Applied Digital's Q1 FY2027 net loss attributable to common stockholders was $221.0 million, or $0.76 per share, with adjusted net loss of $4.1 million, or $0.01 per share.
At the time of this announcement, APLD was trading at $24.48 on NASDAQ in the Technology sector, with a market capitalization of approximately $7.1B. The 52-week trading range was $19.01 to $50.73. This news item was assessed with neutral market sentiment and an importance score of 8 out of 10. Source: Dow Jones Newswires.