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APLD earnings at a glance
Applied Digital Corporation (APLD) is scheduled to report earnings on Wednesday, October 7, 2026 after the market closes — in 2 days. Analysts expect earnings per share of -$0.25, compared with -$0.11 in the same quarter last year (-127%). The options market is pricing a move of about ±13.1% after the report, a range of roughly $22.04 to $28.72 from today's $25.38. Over its last 5 reports the stock rose the next day 4 times and fell 1, moving ±12.8% on average; after the most recent report on Jul 27, 2026 it moved +0.9%. That means options currently expect about the same movement than APLD has typically delivered. APLD beat the consensus EPS estimate in 0 of its last 5 reported quarters. Implied volatility is currently 119%. The share price of $25.38 sits in the middle of its 52-week range.
Overview
Earnings trends
Earnings history
| Date | Period | Actual EPS | Est | Surprise | YoY %Δ | Day react | Source |
|---|---|---|---|---|---|---|---|
| Mon Jul 27, 2026 | May/2026 | $-0.39 | $-0.20 | -116.7% | -66.7% | +0.9% | earnings |
| Wed Apr 8, 2026 | 8K 2026-04-08 | $-0.36 | $-0.10 | -260.0% | — | -8.0% | earnings |
| Wed Jan 7, 2026 | 8K 2026-01-07 | $-0.11 | $-0.09 | -22.2% | — | +8.1% | earnings |
| Thu Oct 9, 2025 | Aug/2025 | $-0.11 | $-0.11 | 0.0% | — | +16.0% | earnings |
| Wed Jul 30, 2025 | May/2025 | $-0.12 | $-0.12 | 0.0% | — | +31.0% | earnings |
| Fri Feb 28, 2025 | Feb 2025 | $-0.16 | — | — | — | — | financials |
| Sat Nov 30, 2024 | Nov 2024 | $-0.66 | — | — | — | — | financials |
| Sat Aug 31, 2024 | Aug 2024 | $-0.03 | — | — | — | — | financials |
| Thu Feb 29, 2024 | Feb 2024 | $-0.52 | — | — | — | — | financials |
| Thu Nov 30, 2023 | Nov 2023 | $-0.10 | — | — | — | — | financials |
| Thu Aug 31, 2023 | Aug 2023 | $-0.11 | — | — | — | — | financials |
| Tue Feb 28, 2023 | Feb 2023 | $-0.07 | — | — | — | — | financials |
| Wed Nov 30, 2022 | Nov 2022 | $-0.28 | — | — | — | — | financials |
| Wed Aug 31, 2022 | Aug 2022 | $-0.05 | — | — | — | — | financials |
Upcoming
| Date | Fiscal | Time | EPS Est | LY EPS | YoY %Δ |
|---|---|---|---|---|---|
| Wed Oct 7, 2026 | Aug/2026 | AMC | -$0.25 | -$0.11 | -127.3% |
Financials
Income statement (quarterly)
| Metric | Feb 2026 | Nov 2025 | Aug 2025 | Feb 2025 | Nov 2024 | Aug 2024 | Feb 2024 | Nov 2023 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $127M | $127M | $64M | $53M | $36M | $35M | $43M | $42M |
| Cost of revenue | $73M | $101M | $56M | $49M | $23M | $23M | $47M | $30M |
| Gross profit | — | — | — | — | — | — | — | — |
| Operating income | $-86M | $-31M | $-22M | $-19M | $-13M | $25M | $-55M | $-8M |
| Net income | $-71M | $-14M | $-17M | $-36M | $-139M | $-4M | $-63M | $-11M |
| EPS (diluted) | $-0.36 | $-0.07 | $-0.07 | $-0.16 | $-0.66 | $-0.03 | $-0.52 | $-0.10 |
Balance sheet (quarterly)
| Metric | Feb 2026 | Nov 2025 | Aug 2025 | Feb 2025 | Nov 2024 | Aug 2024 | Feb 2024 | Nov 2023 |
|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $1.73B | $1.91B | $74M | $69M | $286M | $58M | $4M | $9M |
| Inventory | — | — | — | — | — | — | — | — |
| Total current assets | $2.43B | $2.72B | $642M | $274M | $328M | $84M | $106M | $36M |
| Total assets | $6.25B | $5.23B | $2.40B | $1.71B | $1.54B | $938M | $643M | $481M |
| Long-term debt | — | — | — | — | — | — | — | — |
| Total liabilities | $3.68B | $3.16B | $1.29B | $1.21B | $1.05B | $641M | $525M | $325M |
| Total equity | $1.58B | $1.45B | $1.04B | $455M | $435M | $242M | $118M | $156M |
Implied volatility — last 90 days
APLD earnings FAQ
When is APLD's next earnings date?
Applied Digital Corporation is expected to report on October 7, 2026, after the market closes.
What is APLD's expected move for earnings?
Options currently price a move of about ±13.1%, or $3.34 per share either way from $25.38.
How does APLD stock usually react to earnings?
Across the last 5 reports the average next-day move was ±12.8%, up 4 times and down 1 times.
What EPS are analysts expecting from Applied Digital Corporation?
The consensus estimate is -$0.25 per share, versus -$0.11 a year ago.
What is APLD's implied volatility?
APLD's at-the-money implied volatility is about 119% based on the latest options snapshot.