AP
APLD
Quarter ended Aug 31, 2025 · FY2026 Q1

Applied Digital (APLD) Revenue — Quarter Ended Aug 31, 2025

Revenue increased sharply in the current quarter, reversing the decline seen in the immediately preceding quarter. The reported figure also exceeded the level from the same quarter one year earlier.

Key takeaway

Quarter ended Aug 31, 2025 · FY2026 Q1

Revenue increased sharply in the current quarter, reversing the decline seen in the immediately preceding quarter. The reported figure also exceeded the level from the same quarter one year earlier.

Financial snapshot

Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.

Quarter revenue

$64.2M

Revenue reported for this quarter.

Quarter-over-quarter

+292.8%

Change from the immediately preceding quarter.

Year-over-year

+84.3%

Change from the comparable year-ago quarter.

Trailing four quarters

$120M

Sum of the latest four reported quarters.

Quarterly revenue trend

The latest four reported quarters with year-over-year comparisons.

Period endedRevenueYear-over-year change
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%

Revenue performance

Revenue rose compared to both the prior quarter and the year-ago period. The quarterly result marks a significant improvement from the negative revenue reported in the preceding three-month period.

Quarterly comparison

The current quarter's revenue increased substantially relative to the immediately preceding quarter and was also higher than the same quarter one year earlier. Filing context is not available to discuss operational drivers.

What to watch

A sustained positive revenue trajectory relative to the prior-quarter loss may warrant attention in future filings.