| Income statement (USD) | Q4 2026 ended May 31, 2026 | Q3 2026 ended Feb 28, 2026 | Q2 2026 ended Nov 30, 2025 | Q1 2026 ended Aug 31, 2025 | Q4 2025 ended May 31, 2025 | Q3 2025 ended Feb 28, 2025 | Q2 2026 ended Nov 30, 2024 | Q1 2026 ended Aug 31, 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 258.75M | 126.64M | 126.59M | 64.22M | 51.08M | 52.92M | 36.16M | 34.85M |
| Cost of revenue | 161.46M | 72.83M | 100.55M | 55.61M | 54.20M | 49.14M | 22.66M | 22.74M |
| Gross profit | 97.29M | 53.80M | 26.04M | 8.61M | -3.12M | 3.78M | 13.50M | 12.11M |
| Selling, general and admin | 165.28M | 79.72M | 56.99M | 29.15M | 41.02M | 22.72M | 25.97M | 10.99M |
| Operating expenses | 383.57M | 212.30M | 157.55M | 86.51M | 95.18M | 71.86M | 48.97M | 9.56M |
| Operating income | -124.82M | -85.67M | -30.96M | -22.29M | -44.10M | -18.94M | -12.80M | 25.29M |
| EBITDA | -90.98M | -64.85M | -22.37M | -18.14M | 11.02M | -165.0K | -8.10M | 29.44M |
| Interest expense | 10.63M | -2.39M | 11.48M | 3.95M | 8.45M | 8.90M | 2.93M | 2.96M |
| Income before tax | -79.62M | -70.56M | -26.55M | -26.24M | -52.55M | -35.44M | -128.36M | 15.91M |
| Income tax | 1.77M | -2.0K | 15.0K | 8.0K | -16.0K | 117.0K | 1.0K | 0 |
| Net income | -111.72M | -100.86M | -14.45M | -16.93M | -53.94M | -36.09M | -138.73M | -4.25M |
| EPS | -0.40 | -0.36 | -0.07 | -0.07 | -0.23 | -0.16 | -0.66 | -0.03 |
| EPS (diluted) | -0.40 | -0.36 | -0.07 | -0.07 | -0.23 | -0.16 | -0.66 | -0.03 |
| Diluted shares | 3.52M | 281.98M | 277.42M | 255.89M | 7.79M | 222.45M | 209.56M | 149.10M |
From Applied Digital Corp.'s 10-K and 10-Q filings with the SEC. Fourth quarters, and quarters where the company only reported year-to-date totals, are worked out by subtracting the earlier quarters. 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.