AP
APLD
Quarter ended Nov 30, 2025 · FY2026 Q2

Applied Digital (APLD) Revenue — Quarter Ended Nov 30, 2025

Revenue for the quarter increased compared to both the prior quarter and the same quarter one year earlier. The filing does not provide specific drivers for the change.

Key takeaway

Quarter ended Nov 30, 2025 · FY2026 Q2

Revenue for the quarter increased compared to both the prior quarter and the same quarter one year earlier. The filing does not provide specific drivers for the change.

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

+97.1%

Change from the immediately preceding quarter.

Year-over-year

+250.1%

Change from the comparable year-ago quarter.

Trailing four quarters

$210.4M

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
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%

Revenue performance

Reported revenue rose from the immediately preceding quarter. Compared to the same quarter one year earlier, revenue also showed a marked increase.

Quarterly comparison

Sequentially, revenue grew from the prior quarter. Year-over-year, revenue was substantially higher than the same period last year.

What to watch

Investors may monitor whether the company can sustain this revenue growth trajectory in upcoming quarters.

Applied Digital (APLD) Revenue — Quarter Ended Nov 30, 2025