Applied Digital Q4 revenue rises to $258.7 million, but net loss widens to $110.6 million
Applied Digital reported fiscal fourth-quarter 2026 revenue of $258.7 million, up 407% from a year earlier, while its net loss from continuing operations was $110.6 million, or $0.39 per share, compared with $53.1 million, or $0.24 per share, a year earlier. The company also reported adjusted net income of $12.9 million, or $0.04 per diluted share, a non-GAAP measure that excludes its majority-owned ChronoScale subsidiary.
Key points
- Q4 revenue of $258.7 million, with $152.4 million tied to tenant fit-out services for HPC Hosting.
- Net loss from continuing operations of $110.6 million ($0.39 per share) versus $53.1 million ($0.24 per share) a year earlier.
- Adjusted EBITDA of $42.4 million in the quarter; fiscal 2026 revenue of $611.3 million.
- As of May 31, 2026, the company had $4.2 billion in cash and restricted cash and $5.0 billion in debt.
The filing
Written by AI on Nov 9, 2026, 8:36 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 27, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.