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Applied Digital Revenue Surges 139% as HPC Hosting Fuels $3.6 Billion Expansion

APLD10-QFiling Date: 4/8/2026
Applied Digital Corporation
Description

What this story covers

Applied Digital (APLD) is aggressively scaling AI infrastructure, reporting 139% revenue growth driven by high-performance computing. With $1.7 billion in cash and massive new leases, the company is navigating high construction costs and ongoing securities litigation during its expansion.

Story snapshot

CompanyApplied Digital Corporation
TickerAPLD
VariantStandard detailed
Duration12:34
Filing type10-Q
PeriodQ3 2026
IndustryTechnology
Accession0001144879-26-000030
Sources1

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Primary Sources

sec_filing10-QView on SEC.gov →

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