Applied Digital Corporation
Financials
Valuation Metrics
Applied Digital Corporation's Market Cap is $8.04B. At end of 2025 it was $6.66B. Ranked #1084 of 3,121 in US market (top 35%), #357 of 1,463 on NASDAQ (top 24%), #94 of 275 in Software & Services (top 34%) by Market Cap.
Investment Metrics(as of 2026-09-18)
| Metric | Value | Rank |
|---|---|---|
| Size | ||
| Market Cap | $8.04B | US#1,084/3,121 Sec#94/275 |
| Revenue | $576M | US#2,204/3,121 Sec#209/275 |
| Net Income | $-244M | US—/3,121 Sec—/275 |
| Total Assets | $9.93B | US#1,004/3,121 Sec#61/275 |
| Net Assets | $1.78B | US#1,328/3,121 Sec#87/275 |
| Employees | 256 | US#2,455/3,121 Sec#235/275 |
| Value | ||
| P/B | 4.51x | US#2,072/3,121 Sec#133/275 |
| P/S | 13.95x | US#2,759/3,121 Sec#252/275 |
| FCF Yield | -34.55% | US—/3,121 Sec—/275 |
| Profitability | ||
| ROE | -13.69% | US#2,419/3,121 Sec#206/275 |
| ROA | -2.46% | US#2,410/3,121 Sec#206/275 |
| Op. Margin | -33.75% | US#2,650/3,121 Sec#254/275 |
| Revenue Growth | 167.37% | US#61/3,121 Sec#3/275 |
| Financial Health | ||
| Debt Ratio | 347.47% | US#2,208/3,121 Sec#202/275 |
| Total Debt | $5.10B | US#678/3,121 Sec#34/275 |
| FCF | $-2.78B | US#3,007/3,121 Sec#270/275 |
| Cash | $1.59B | US#505/3,121 Sec#42/275 |
| Current Ratio | 4.01x | US#581/3,121 Sec#32/275 |
| Performance | ||
| 1Y Return | 41.24% | US#843/3,121 Sec#39/275 |
| 1M Return | -0.39% | US#2,125/3,121 Sec#205/275 |
| From 52W High | -44.57% | US#2,663/3,121 Sec#208/275 |
| 1Y MDD | -53.23% | US#2,580/3,121 Sec#170/275 |
| Trading | ||
| Volume | 21,630,216 shares | US#51/3,121 Sec#5/275 |
| Trading Value | $595M | US#153/3,121 Sec#21/275 |
| Per Share | ||
| EPS | $-0.85 | US—/3,121 Sec—/275 |
| BPS | $6.23 | US#2,177/3,121 Sec#141/275 |
Company Info
Applied Digital Corporation designs, develops, and operates digital infrastructure solutions to high-performance computing (HPC) and artificial intelligence industries in North America. It operates through: Data Center Hosting Business, and HPC Hosting Business. The company offers infrastructure services to crypto mining customers; and GPU computing solutions for critical workloads related to AI, machine learning, and other HPC tasks. It also engages in the designing, constructing, and managing of data centers to support HPC applications. The company was formerly known as Applied Blockchain, Inc. and changed its name to Applied Digital Corporation in November 2022. Applied Digital Corporation has an lease agreement with CoreWeave for an additional 150MW at its Polaris Forge 1 Campus in Ellendale, North Dakota. Applied Digital Corporation is based in Dallas, Texas.