Applied Digital (APLD) Revenue & Quarterly History
Explore Applied Digital Corporation (APLD) revenue from 2023 through the latest reported quarter, with SEC-sourced comparisons and filing-constrained analysis.
Key takeaway
Quarter ended Feb 28, 2026 · FY2026 Q3
Revenue remained unchanged from the immediately preceding quarter, but was significantly higher than the same quarter one year earlier. The company's revenue growth has plateaued sequentially after a period of increases.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$126.6M
Revenue reported for this quarter.
Quarter-over-quarter
+0.0%
Change from the immediately preceding quarter.
Year-over-year
+139.3%
Change from the comparable year-ago quarter.
Trailing four quarters
$284.1M
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| May 31, 2022 | $7.5M | n/a |
| Aug 31, 2022 | $6.9M | n/a |
| Nov 30, 2022 | $12.3M | n/a |
| Feb 28, 2023 | $14.1M | +1273.3% |
| May 31, 2023 | $22M | +192.9% |
| Aug 31, 2023 | $36.3M | +424.6% |
| Nov 30, 2023 | $42.2M | +242.0% |
| Feb 29, 2024 | $43.3M | +207.7% |
| May 31, 2024 | $14.7M | -33.1% |
| Aug 31, 2024 | $34.8M | -4.1% |
| Nov 30, 2024 | $36.2M | -14.3% |
| Feb 28, 2025 | $52.9M | +22.1% |
| May 31, 2025 | -$33.3M | -325.9% |
| Aug 31, 2025 | $64.2M | +84.3% |
| Nov 30, 2025 | $126.6M | +250.1% |
| Feb 28, 2026 | $126.6M | +139.3% |
Revenue performance
The reported revenue was flat compared to the prior quarter, which ends a streak of sequential growth. Year-over-year, revenue showed a substantial increase.
Quarterly comparison
Revenue was unchanged from the preceding quarter, while it was much higher than the same quarter a year ago. The flat sequential result contrasts with the strong year-over-year improvement.
What to watch
The flat sequential revenue represents a departure from the prior quarters' growth pattern and bears monitoring in future periods.