Applied Digital

Applied Digital increased revenue in Q1 2027 by 322% to $341.9 million and recorded adjusted EBITDA of $64.4 million, driven by its HPC data center business. Recurring rental revenue was $65.8 million, while $183.5 million came from build-out and deployment services, indicating a high share of project-related revenue. On the bottom line the company reported a net loss of $221 million (adjusted: -$4.1 million), with $3.7 billion in cash and about $6.4 billion in debt. Applied Digital has long-term leases for roughly 1,410 MW of capacity (potential revenue of about $36 billion) and is expanding internationally, but continues to face high investment and completion risks. » More on finanzen.net

Applied Digital released results for the quarter ended August 31, 2026, reporting a loss per share of $0.82 (prior year: -$0.070). Revenue increased 432.36 percent to $341.9 million versus $64.2 million in the year‑ago quarter. The results show substantially higher revenues alongside a widened loss per share. » More on finanzen.net

Applied Digital reports a 322% revenue increase to $341.9 million for Q1 2027, surpassing analysts' expectations. Polaris Forge 1 has reached 250 MW of operational capacity, and the company has secured contracts in Finland for up to 1 GW of capacity. A pipeline of long-term lease contracts includes future revenues of about $36 billion and improves revenue visibility. » More on finanzen.net