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Applied Digital's Q2 Earnings Miss Estimates, Revenues Rise Y/Y
ZACKS· 2026-01-08 17:21
Key Takeaways APLD posted a Q2 loss of 11 cents per share while revenues jumped 250% year over year to $126.6 million.APLD revenue growth was driven by HPC tenant fit-out at Polaris Forge 1 and Data Center Hosting growth.APLD has 600 MW under contract with two hyperscalers, representing about $16B in prospective lease revenue.Applied Digital (APLD) reported a loss of 11 cents per share in the second quarter of fiscal 2026, an improvement from a loss of 61 cents reported in the year-ago quarter. The figure m ...