Applied Digital Corporation
Applied Digital Corporation (APLD) Financial Performance & Income Statement Overview
Access detailed quarterly and annual financial reports for Applied Digital Corporation (APLD), covering cash flow, earnings, and balance sheets.
Applied Digital Corporation (APLD) Income Statement & Financial Overview
Analyze Applied Digital Corporation’s APLD earnings with segmented quarterly and yearly financial statement figures.
| Metric | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|
| Revenue | $52.92M | $63.87M | $60.70M | $43.70M |
| Cost of Revenue | $49.14M | $52.36M | $61.06M | $46.29M |
| Gross Profit | $3.78M | $11.51M | -$356000.00 | -$2.59M |
| Gross Profit Ratio | $0.07 | $0.18 | -$0.006 | -$0.06 |
| R&D Expenses | $0.00 | $0.00 | $0.00 | $0.00 |
| SG&A Expenses | $22.72M | $29.79M | $14.34M | $31.32M |
| Operating Expenses | $22.72M | $30.12M | $14.34M | $31.32M |
| Total Costs & Expenses | $71.86M | $82.48M | $75.40M | $77.61M |
| Interest Income | $0.00 | $0.00 | $0.00 | $0.00 |
| Interest Expense | $8.90M | $7.48M | $7.31M | $18.00M |
| Depreciation & Amortization | $18.78M | $26.45M | $34.32M | $66.46M |
| EBITDA | -$7.76M | -$104.80M | $37.38M | $29.11M |
| EBITDA Ratio | -$0.15 | -$1.64 | $0.62 | $0.67 |
| Operating Income | -$18.94M | -$18.61M | $9.48M | -$33.91M |
| Operating Income Ratio | -$0.36 | -$0.29 | $0.16 | -$0.78 |
| Other Income/Expenses (Net) | -$16.50M | -$120.11M | -$13.73M | -$30.45M |
| Income Before Tax | -$35.44M | -$138.72M | -$4.25M | -$64.66M |
| Income Before Tax Ratio | -$0.67 | -$2.17 | -$0.07 | -$1.48 |
| Income Tax Expense | $117000.00 | $1000.00 | $0.00 | $96000.00 |
| Net Income | -$35.55M | -$138.73M | -$4.25M | -$64.76M |
| Net Income Ratio | -$0.67 | -$2.17 | -$0.07 | -$1.48 |
| EPS | -$0.16 | -$0.66 | -$0.03 | -$0.52 |
| Diluted EPS | -$0.16 | -$0.66 | -$0.03 | -$0.52 |
| Weighted Avg Shares Outstanding | $222.45M | $209.56M | $149.009M | $124.67M |
| Weighted Avg Shares Outstanding (Diluted) | $222.45M | $209.56M | $149.009M | $124.67M |
The company's financials show resilient growth, with revenue advancing from $43.70M in Q4 2024 to $52.92M in Q3 2025. Gross profit remained healthy with margins at 7% in Q3 2025 compared to -6% in Q4 2024. Operating income hit -$18.94M last quarter, sustaining a consistent -36% margin. Changes in R&D and SG&A spending did not hinder EBITDA, which stood at -$7.76M. Net income rose to -$35.55M, while earnings per share reached -$0.16. Strong cost management and operational efficiency kept profitability intact, underlining the company's stable and competitive market performance.
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