{"data":{"ticker":"APLD","slug":"applied-digital","name":"Applied Digital","exchange":"NASDAQ","sector":"Technology","headquarters":"Dallas, Texas","ceo":"Wesley Cummins","employees":256,"website":"https://applieddigital.com","founded":"2001","layers":[{"slug":"neoclouds","name":"Neoclouds"}],"exposure":{"score":95,"tier":"Pure Play","rationale":"Applied Digital builds and leases high density data centers and GPU cloud capacity purpose built for AI training workloads, selling to hyperscalers and AI companies. The company exists because of AI compute demand, making it a pure play on the data center buildout."},"quote":{"price":15.55,"change24hPct":9.74,"change7dPct":-12.71,"change30dPct":-34.8,"change1yPct":-49.81,"high52w":49.65,"low52w":14.17,"marketCap":4702119936,"peRatio":null,"eps":-1.62,"volume24h":532848164},"nextEarningsDate":"2027-01-06","summary":"Applied Digital builds and operates data centers designed for AI computing. It makes money leasing high-density data center capacity and selling GPU cloud services to hyperscalers and AI companies that need somewhere to train and run models.","explainer":["Applied Digital builds and operates data centers designed for AI computing. It makes money leasing high-density data center capacity and selling GPU cloud services to hyperscalers and AI companies that need somewhere to train and run models.","Its offerings cover the infrastructure stack for AI compute: GPU cloud hosting for customers who rent accelerated computing, high-performance computing data centers engineered for dense power and cooling, and AI training infrastructure purpose-built for large workloads.","Founded in 2001 and headquartered in Dallas, Texas, Applied Digital trades on the NASDAQ and employs about 256 people."],"buildoutRole":"Applied Digital sits in the Neoclouds layer of the buildout, the group of companies that build AI compute capacity outside the big cloud platforms. Its high-density data centers and GPU cloud exist specifically for AI training workloads, leased to hyperscalers and AI companies. The company exists because of AI compute demand, making it a pure play on the data center buildout, which is why it carries an AI Exposure Score of 95 out of 100.","faq":[{"q":"What does Applied Digital do?","a":"Applied Digital builds and leases high-density data centers and GPU cloud capacity purpose-built for AI workloads. Its customers are hyperscalers and AI companies that need infrastructure for training and running models."},{"q":"How is Applied Digital exposed to AI?","a":"Almost completely. The company exists because of AI compute demand, and its data centers and GPU cloud are purpose-built for AI training. Supercycle rates it a pure play with an AI Exposure Score of 95 out of 100."},{"q":"What are Applied Digital's main offerings?","a":"AI cloud GPU hosting for customers renting accelerated compute, high-performance computing data centers engineered for dense power and cooling, and AI training infrastructure leased to hyperscalers and AI companies."},{"q":"Where is Applied Digital headquartered and who leads it?","a":"Applied Digital is headquartered in Dallas, Texas, and led by CEO Wes Cummins. The company was founded in 2001, employs about 256 people, and its shares trade on the NASDAQ."},{"q":"Is APLD a pure play AI stock?","a":"Yes by Supercycle's rating. Its business is building and leasing AI compute infrastructure, which places it in the pure play tier of the AI Exposure leaderboard with a score of 95 out of 100."}],"history1y":[{"date":"2026-09-28","close":24.53},{"date":"2026-09-29","close":25.41},{"date":"2026-09-30","close":24.37},{"date":"2026-10-01","close":24.16},{"date":"2026-10-02","close":25.38},{"date":"2026-10-05","close":24.7},{"date":"2026-10-06","close":25.34},{"date":"2026-10-07","close":23.81},{"date":"2026-10-08","close":23.85},{"date":"2026-10-09","close":23.68},{"date":"2026-10-12","close":23.25},{"date":"2026-10-13","close":22.44},{"date":"2026-10-14","close":20.33},{"date":"2026-10-15","close":20.39},{"date":"2026-10-16","close":18.05},{"date":"2026-10-19","close":19.25},{"date":"2026-10-20","close":19.33},{"date":"2026-10-21","close":20.98},{"date":"2026-10-22","close":19.09},{"date":"2026-10-23","close":18.25},{"date":"2026-10-26","close":17.83},{"date":"2026-10-27","close":19.51},{"date":"2026-10-28","close":20.39},{"date":"2026-10-29","close":19.41},{"date":"2026-10-30","close":17.82},{"date":"2026-11-02","close":16.22},{"date":"2026-11-03","close":17.81},{"date":"2026-11-04","close":16.61},{"date":"2026-11-05","close":14.17},{"date":"2026-11-06","close":15.55}],"incomeStatements":[{"ticker":"APLD","report_period":"2026-12-31","fiscal_period":"2026-FY","period":"annual","currency":"USD","revenue":611311000,"cost_of_revenue":453629000,"gross_profit":157682000,"operating_expense":0,"operating_income":-174414000,"net_income":-244004000,"earnings_per_share":-0.91,"earnings_per_share_diluted":-0.91,"research_and_development":0,"selling_general_and_administrative_expenses":332096000,"interest_expense":0,"income_tax_expense":0,"weighted_average_shares_diluted":0},{"ticker":"APLD","report_period":"2025-12-31","fiscal_period":"2025-FY","period":"annual","currency":"USD","revenue":228569000,"cost_of_revenue":216759000,"gross_profit":11810000,"operating_expense":0,"operating_income":-96067000,"net_income":-231065000,"earnings_per_share":0,"earnings_per_share_diluted":0,"research_and_development":0,"selling_general_and_administrative_expenses":107877000,"interest_expense":0,"income_tax_expense":0,"weighted_average_shares_diluted":0},{"ticker":"APLD","report_period":"2024-12-31","fiscal_period":"2024-FY","period":"annual","currency":"USD","revenue":165575000,"cost_of_revenue":148340000,"gross_profit":17235000,"operating_expense":0,"operating_income":-80541000,"net_income":-149274000,"earnings_per_share":-1.31,"earnings_per_share_diluted":-1.31,"research_and_development":0,"selling_general_and_administrative_expenses":97776000,"interest_expense":0,"income_tax_expense":0,"weighted_average_shares_diluted":0},{"ticker":"APLD","report_period":"2023-12-31","fiscal_period":"2023-FY","period":"annual","currency":"USD","revenue":55392000,"cost_of_revenue":44388000,"gross_profit":11004000,"operating_expense":0,"operating_income":-42911000,"net_income":-44646000,"earnings_per_share":-0.49,"earnings_per_share_diluted":-0.49,"research_and_development":0,"selling_general_and_administrative_expenses":53915000,"interest_expense":0,"income_tax_expense":0,"weighted_average_shares_diluted":0}],"balanceSheets":[{"ticker":"APLD","report_period":"2026-12-31","fiscal_period":"2026-FY","period":"annual","currency":"USD","total_assets":9929312000,"current_assets":4662857000,"cash_and_equivalents":1591988000,"total_liabilities":6248501000,"current_liabilities":1162856000,"total_debt":5099916000,"shareholders_equity":1717476000,"retained_earnings":-662333000},{"ticker":"APLD","report_period":"2025-12-31","fiscal_period":"2025-FY","period":"annual","currency":"USD","total_assets":1870090000,"current_assets":132800000,"cash_and_equivalents":43950000,"total_liabilities":1236365000,"current_liabilities":499725000,"total_debt":910796000,"shareholders_equity":633725000,"retained_earnings":-481055000},{"ticker":"APLD","report_period":"2024-12-31","fiscal_period":"2024-FY","period":"annual","currency":"USD","total_assets":762867000,"current_assets":404144000,"cash_and_equivalents":3339000,"total_liabilities":638037000,"current_liabilities":554112000,"total_debt":135730000,"shareholders_equity":124830000,"retained_earnings":-249990000},{"ticker":"APLD","report_period":"2023-12-31","fiscal_period":"2023-FY","period":"annual","currency":"USD","total_assets":263957000,"current_assets":45668000,"cash_and_equivalents":28999000,"total_liabilities":194278000,"current_liabilities":115460000,"total_debt":91810000,"shareholders_equity":59517000,"retained_earnings":-100716000}],"holders13f":[{"slug":"chase-coleman","personName":"Chase 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Estate Business”","source":null,"url":"https://www.tikr.com/blog/applied-digital-sinks-18-in-a-week-to-a-52-week-low-a-highly-technical-real-estate-business?ref=yahoofinance&tlnk=yf-261105-rr2qr6jf&.tsrc=rss","date":"2026-11-05"},{"title":"Applied Digital Sinks 15% as Data Center Rout Deepens: “Remain in Gridlock”","source":null,"url":"https://www.tikr.com/blog/applied-digital-sinks-15-as-data-center-rout-deepens-remain-in-gridlock?ref=yahoofinance&tlnk=yf-261105-xq7qf954&.tsrc=rss","date":"2026-11-05"},{"title":"Applied Digital Plunges 17%, Cipher Digital Sinks 14%, TeraWulf Tumbles 13% as Texas Data Center Fears Deepen","source":null,"url":"https://247wallst.com/investing/2026/11/05/applied-digital-plunges-17-cipher-digital-sinks-14-terawulf-tumbles-13-as-texas-data-center-fears-deepen/?.tsrc=rss","date":"2026-11-05"},{"title":"Applied Digital Falls 4%, CoreWeave Down 7% as Data Centers “Feel the Heat” After Democratic Sweep","source":null,"url":"https://www.tikr.com/blog/applied-digital-falls-4-coreweave-down-7-as-data-centers-feel-the-heat-after-democratic-sweep?ref=yahoofinance&tlnk=yf-261104-vjw8fm54&.tsrc=rss","date":"2026-11-04"},{"title":"Nvidia Sinks 9% as Midterm Data-Center Fears Deepen AI Chip Rout: “Absolute Slaughter”","source":null,"url":"https://www.tikr.com/blog/nvidia-sinks-9-as-midterm-data-center-fears-deepen-ai-chip-rout-absolute-slaughter?ref=yahoofinance&tlnk=yf-261105-6cjr229c&.tsrc=rss","date":"2026-11-05"},{"title":"Nebius Sinks Another 19% as Texas Vote Hits Data Centers: “The Hurdle Is Going to Get Higher”","source":null,"url":"https://www.tikr.com/blog/nebius-sinks-another-19-as-texas-vote-hits-data-centers-the-hurdle-is-going-to-get-higher?ref=yahoofinance&tlnk=yf-261105-j7239g54&.tsrc=rss","date":"2026-11-05"}]},"meta":{"version":"v1","asOf":"2026-11-06","builtAt":"2026-11-08T15:24:45.702Z","tier":"free","source":"https://supercyclehq.com/stock/applied-digital","disclaimer":"Informational only, not investment advice. The AI Exposure Score is Supercycle's editorial opinion. Agent portfolios are simulated paper portfolios run by AI.","license":"Free to use and quote with attribution to supercyclehq.com. Do not redistribute as a dataset."},"links":{"self":"https://supercyclehq.com/api/v1/stocks/APLD","html":"https://supercyclehq.com/stock/applied-digital","md":"https://supercyclehq.com/stock/applied-digital.md","docs":"https://supercyclehq.com/api/v1/openapi.json"}}