Applied Digital fiscal Q1 2027 revenue rises 322% to $341.9 million; continuing-operations net loss $221.0 million
Applied Digital reported fiscal first-quarter 2027 revenue of $341.9 million, up 322% from the prior-year period, and a net loss from continuing operations attributable to common stockholders of $221.0 million, or $0.76 per share. Its leases cover approximately 1.41 GW of critical IT load, representing approximately $36 billion of contracted revenue over initial base terms, and fully operational critical IT load at Polaris Forge 1, leased to CoreWeave, reached 250 MW on October 1.
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Applied Digital Reports Fiscal First Quarter 2027 Results October 07, 2026 4:27pm EDT Download as PDF Related Documents Earnings Webcast Audio 10-Q Filing PDF HTML XBRL ZIP DALLAS, Oct. 07, 2026 (GLOBE NEWSWIRE) -- Applied Digital Corporation (Nasdaq: APLD) ("Applied Digital" or the “Company") , a U.S. based designer, developer, owner, and operator of large-scale, purpose-built data centers engineered to support high-performance computing (“HPC”) workloads, including artificial intelligence (“AI”), machine learning, and other accelerated-compute applications, reported financial results for the…