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Earnings transcript
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APLD
Applied Digital Corporation
$41.91
0.97
(2.36%)
| Exchange: | NASDAQ |
| Market Cap: | 11.977B |
| Shares Outstanding: | 1.056M |
Delayed data
About The Company
| Sector: | Technology | |||||
| Industry: | Information Technology Services | |||||
| CEO: | Wesley Cummins | |||||
| Full Time Employees: | 150 | |||||
| Address: |
| |||||
| Website: | https://applieddigital.com |
Applied Digital Corporation (ADC) is a North American firm specializing in digital infrastructure and cloud-based solutions, primarily serving the high-performance computing (HPC) and artificial intelligence (AI) sectors. Its business is structured around three key segments: Data Center Hosting, Cloud Services, and dedicated HPC Hosting. ADC offers essential infrastructure support to cryptocurrency mining clients. Furthermore, it delivers robust GPU computing capabilities crucial for intensive AI, machine learning, and various other HPC workloads. The company also undertakes the comprehensive design, construction, and management of data centers specifically engineered to facilitate HPC applications. Formerly known as Applied Blockchain, Inc., the company officially adopted the name Applied Digital Corporation in November 2022. Its corporate headquarters are situated in Dallas, Texas.
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Revenue Segmentation
EPS
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Earnings Call
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Key takeaways
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Login — it's freeIncome Statement
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Revenue | 55,392 | 136,618 | 215,506 |
| Gross Profit | 11,004 | 29,965 | 22,697 |
| EBITDA | -36,882 | -34,164 | -91,824 |
| Operating Income | -44,055 | -15,055 | -72,252 |
| Net Income | -44,646 | -149,274 | -231,065 |
(* All numbers are in thousands)
Balance Sheet
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Total Assets | 263,957 | 762,867 | 1,870,090 |
| Total Liabilities | 194,278 | 638,037 | 1,236,365 |
| Total Stockholders Equity | 59,517 | 124,830 | 633,725 |
| Total Debt | 91,810 | 427,806 | 702,877 |
| Cash and Cash Equivalents | 43,574 | 3,339 | 113,920 |
(* All numbers are in thousands)
Cash Flow Statement
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating Cash Flow | 58,735 | 13,794 | -115,402 |
| Capital Expenditure | -131,278 | -141,809 | 0 |
| Free Cash Flow | -72,543 | -128,015 | -115,402 |
| Net Income | -45,606 | -149,274 | -231,065 |
| Net Change in Cash | -2,725 | -11,885 | 0 |
(* All numbers are in thousands)
Analyst Estimates
| Fiscal Year | 2030 | Full Access | Full Access | Full Access | Full Access |
|---|---|---|---|---|---|
| Estimated Revenue (Low) | 5,152,048.005 | Full Access | Full Access | Full Access | Full Access |
| Estimated Revenue (High) | 8,072,704.766 | Full Access | Full Access | Full Access | Full Access |
| Estimated Revenue (Avg) | 6,927,000 | Full Access | Full Access | Full Access | Full Access |
| Estimated Ebitda (Low) | -2,166,699.982 | Full Access | Full Access | Full Access | Full Access |
| Estimated Ebitda (High) | -1,382,800.764 | Full Access | Full Access | Full Access | Full Access |
| Estimated Ebitda (Avg) | -1,859,194.807 | Full Access | Full Access | Full Access | Full Access |
| Estimated Net Income (Low) | 49,644.731 | Full Access | Full Access | Full Access | Full Access |
| Estimated Net Income (High) | 90,448.977 | Full Access | Full Access | Full Access | Full Access |
| Estimated Net Income (Avg) | 74,441.947 | Full Access | Full Access | Full Access | Full Access |
| Estimated SGA Expense (Low) | 3,758,764.941 | Full Access | Full Access | Full Access | Full Access |
| Estimated SGA Expense (High) | 5,889,580.149 | Full Access | Full Access | Full Access | Full Access |
| Estimated SGA Expense (Avg) | 5,053,711.597 | Full Access | Full Access | Full Access | Full Access |
| Estimated EPS (Avg) | 0.370 | Full Access | Full Access | Full Access | Full Access |
| Estimated EPS (High) | 0.450 | Full Access | Full Access | Full Access | Full Access |
| Estimated EPS (Low) | 0.250 | Full Access | Full Access | Full Access | Full Access |
| Number of Analysts (Estimated Revenue) | 1 | Full Access | Full Access | Full Access | Full Access |
| Number of Analysts (Estimated EPS) | 1 | Full Access | Full Access | Full Access | Full Access |
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Current Key Metrics
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Login — it's freeForward P/E Ratios
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Login — it's freeSWOT Analysis
Strengths (preview)
- Robust Revenue Growth: Historical income statement data indicates consistent revenue increases over recent years, reflecting APLD's ability to expand its market presence within the [industryName] sector. This growth aligns with industry trends as evidenced by positive industry performance metrics over multiple time frames (industry_perf1w, industry_perf1m, etc.).
- Strong Operating Cash Flow: Cash flow statements show a healthy net cash provided by operating activities, suggesting efficient operational management and the ability to generate sustainable cash flows to support ongoing business needs and potential investments.
- Favorable Valuation Metrics: APLD's current price-to-earnings ratio (priceToEarningsRatioTTM) and price-to-sales ratio (priceToSalesRatioTTM) indicate a potentially undervalued stock compared to industry averages (industry_avg_priceToEarningsRatioTTM), presenting an attractive investment profile for value-focused investors.
- Positive Earnings Call Insights: The latest earnings call transcript highlights that APLD exceeded quarterly expectations for key metrics such as EPS and revenue, reinforcing confidence in management’s strategic execution despite any potential sugarcoating in the narrative.
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Intrinsic Value Calculator
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Common questions about APLD valuation
Is Applied Digital Corporation (APLD) overvalued or undervalued right now?
MARKETSnap estimates intrinsic value for Applied Digital Corporation (APLD) using its proprietary valuation methodology, which incorporates discounted cash flow (DCF) analysis together with long-term earnings and fundamentals assumptions. By comparing intrinsic value to the current market price, long-term investors can see whether the stock screens as potentially overvalued, fairly valued, or undervalued today.
Is APLD a buy, hold, or sell for long-term investors?
MARKETSnap does not give one-word “buy” or “sell” calls. Instead, it shows whether APLD trades at a premium or discount to its estimated intrinsic value, how sensitive that value is to growth and margin assumptions, and how the stock fits into a diversified, long-term portfolio so investors can make their own buy, hold, or sell decision.
What is APLD’s P/E ratio?
You can see APLD’s trailing P/E (TTM) and forward P/E estimates in the Current Key Metrics and Forward P/E Ratios sections above. The P/E ratio compares the current share price to earnings per share and helps investors gauge valuation relative to earnings.
How is intrinsic value calculated for APLD?
MARKETSnap uses its own valuation framework—not a generic spreadsheet DCF alone. Future cash flows and earnings are projected, discounted, and combined with MARKETSnap’s methodology so intrinsic value reflects fundamentals and long-term assumptions. You can run your own inputs and see the result using the Intrinsic Value Calculator above.
Is APLD a good long-term investment?
Whether APLD fits a long-term portfolio depends on your assumptions about growth, margins, and risk. MARKETSnap provides the metrics, intrinsic value calculator, and SWOT context so you can form your own view rather than rely on a single buy/sell rating.
APLD
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Daily snapshot
2.36
Trading Metrics:
| Open: | 45.75 | Previous Close: | 40.95 | |
| Day Low: | 38.34 | Day High: | 46.87 | |
| Year Low: | 9.02 | Year High: | 50.73 | |
| Price Avg 50: | 36.47 | Price Avg 200: | 30.11 | |
| Volume: | 42.71M | Average Volume: | 21.878M |
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Login — it's freeAPLD full analysis
Hey everyone, welcome back to the channel! Today, we’re diving deep into a company that’s been making waves in the digital infrastructure and high-performance computing space—Applied Digital Corporation, ticker APLD on the NASDAQ. If you’re curious about whether this stock is a potential gem for your portfolio or just another hype train, stick around because I’ve got a comprehensive breakdown for you. Let’s get started! So, first things first, let’s talk about what Applied Digital does and why it’s caught…
