Applied Digital (APLD) Revenue — Quarter Ended Feb 28, 2026
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.
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, 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.