| Income statement (USD) | FY 2026 ended May 31, 2026 | FY 2025 ended May 31, 2025 | FY 2024 ended May 31, 2024 | FY 2023 ended May 31, 2023 | FY 2022 ended May 31, 2022 | FY 2022 ended May 31, 2021 |
|---|---|---|---|---|---|---|
| Revenue | 611.31M | 228.57M | 165.57M | 55.39M | 8.55M | 0 |
| Cost of revenue | 396.86M | 216.76M | 148.34M | 44.39M | 9.51M | 0 |
| Gross profit | 214.45M | 11.81M | 17.23M | 11.00M | -957.0K | 0 |
| Selling, general and admin | 332.10M | 107.88M | 97.78M | 53.91M | 19.94M | 332.0K |
| Operating expenses | 847.77M | 300.74M | 263.91M | 98.30M | 19.94M | 332.0K |
| Operating income | -236.46M | -72.17M | -98.34M | -42.91M | -20.90M | -332.0K |
| EBITDA | -169.07M | 62.53M | -18.98M | -35.80M | -19.78M | -331.0K |
| Interest expense | 29.52M | 32.14M | 26.83M | 1.98M | 112.0K | 236.0K |
| Income before tax | -181.53M | -230.96M | -149.57M | -45.01M | -21.95M | -568.0K |
| Income tax | 1.79M | 102.0K | 96.0K | -523.0K | 540.0K | 0 |
| Net income | -250.26M | -233.68M | -149.27M | -44.65M | -23.52M | -568.0K |
| EPS | -0.91 | -1.16 | -1.31 | -0.47 | -0.41 | -0.38 |
| EPS (diluted) | -0.91 | -1.16 | -1.31 | -0.47 | -0.41 | -0.38 |
| Diluted shares | 275.19M | 201.19M | 114.06M | 93.98M | 57.12M | 1.51M |
From Applied Digital Corp.'s 10-K and 10-Q filings with the SEC. Fiscal years are the company's own, so they may not match the calendar. A blank cell means the company did not report that line. New to this? Read income statement or reading a 10-K.
Revenue, earnings, margins and balance sheet trends drawn by TradingView from its own data, so figures can differ slightly from the SEC table above.