APLD Applied Digital (APLD) Q4 FY26 earnings call
Applied Digital capped a transformational year, securing record contracted lease value and expanding its AI infrastructure footprint with hyperscalers. The company demonstrated strong execution in delivering capacity on time and significantly lowered its cost of capital, positioning itself for continued growth in the burgeoning AI infrastructure market. The spin-off of ChronoScale also progressed, with Applied Digital retaining a significant ownership stake.
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APLD operating KPIs by quarter
| KPI | Feb 2026 Q3 FY26 | This call May 2026 Q4 FY26 | Aug 2026 Q1 FY27 | Change vs prior quarter |
|---|---|---|---|---|
| Operating capacity High-Performance Computing (HPC) | 100 megawattsFirst, we now operate one of the only 100-megawatt direct-to-chip liquid cooled data centers in the world online today.Source: earnings call transcript | 100 megawattsAs you evaluate these results, keep in mind that our current financials on the HPC data center side primarily reflect only the initial 100 megawatts that are online and contributing during the quarter.Source: earnings call transcript | 250 megawattsThe operational buildings encompass 10 data halls and are supported by 250 megawatts of critical IT load.Source: earnings call transcript | +150% |
| Operating sites Data Center Hosting | 2Turning to our data center hosting business, where we host 2 sites for Bitcoin mining.Source: earnings call transcript | 2This segment provides energized space for Bitcoin mining across our 2 sites in North Dakota.Source: earnings call transcript | 2Our 286 megawatts of capacity for Bitcoin mining across our 2 North Dakota sites continues to operate efficiently and provide steady high-margin revenue with minimal ongoing capital investment.Source: earnings call transcript | 0% |
Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.
Inve summary of the company's earnings call; see how call summaries are prepared. Not investment advice.