Applied Digital Statistics

Total Valuation

Applied Digital has a market cap or net worth of $9.18 billion. The enterprise value is $9.92 billion.

Market Cap	9.18B
Enterprise Value	9.92B

Important Dates

The last earnings date was Wednesday, April 8, 2026, after market close.

Earnings Date	Apr 8, 2026
Ex-Dividend Date	n/a

Share Statistics

Applied Digital has 285.77 million shares outstanding. The number of shares has increased by 47.47% in one year.

Current Share Class	285.77M
Shares Outstanding	285.77M
Shares Change (YoY)	+47.47%
Shares Change (QoQ)	+1.64%
Owned by Insiders (%)	1.78%
Owned by Institutions (%)	61.47%
Float	253.83M

Valuation Ratios

PE Ratio	n/a
Forward PE	n/a
PS Ratio	27.63
Forward PS	16.74
PB Ratio	6.08
P/TBV Ratio	5.58
P/FCF Ratio	n/a
P/OCF Ratio	n/a
PEG Ratio	n/a

Financial Ratio History

Enterprise Valuation

EV / Earnings	n/a
EV / Sales	31.07
EV / EBITDA	713.32
EV / EBIT	n/a
EV / FCF	n/a

Financial Position

The company has a current ratio of 2.38, with a Debt / Equity ratio of 1.10.

Current Ratio	2.38
Quick Ratio	1.72
Debt / Equity	1.10
Debt / EBITDA	203.34
Debt / FCF	n/a
Interest Coverage	-2.83

Financial Efficiency

Return on equity (ROE) is -5.56% and return on invested capital (ROIC) is -0.69%.

Return on Equity (ROE)	-5.56%
Return on Assets (ROA)	-0.60%
Return on Invested Capital (ROIC)	-0.69%
Return on Capital Employed (ROCE)	-0.73%
Weighted Average Cost of Capital (WACC)	33.61%
Revenue Per Employee	$1.56M
Profits Per Employee	-$938,956
Employee Count	205
Asset Turnover	0.08
Inventory Turnover	n/a

Taxes

In the past 12 months, Applied Digital has paid $5,000 in taxes.

Income Tax	5,000
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has increased by +580.85% in the last 52 weeks. The beta is 7.27, so Applied Digital's price volatility has been higher than the market average.

Beta (5Y)	7.27
52-Week Price Change	+580.85%
50-Day Moving Average	28.39
200-Day Moving Average	25.93
Relative Strength Index (RSI)	55.07
Average Volume (20 Days)	26,241,996

Short Selling Information

The latest short interest is 80.06 million, so 28.02% of the outstanding shares have been sold short.

Short Interest	80.06M
Short Previous Month	77.37M
Short % of Shares Out	28.02%
Short % of Float	31.54%
Short Ratio (days to cover)	3.77

Income Statement

In the last 12 months, Applied Digital had revenue of $319.26 million and -$192.49 million in losses. Loss per share was -$0.74.

Revenue	319.26M
Gross Profit	144.98M
Operating Income	-38.05M
Pretax Income	-85.23M
Net Income	-192.49M
EBITDA	13.91M
EBIT	-38.05M
Loss Per Share	-$0.74

Full Income Statement

Balance Sheet

The company has $1.73 billion in cash and $2.83 billion in debt, giving a net cash position of -$1.10 billion or -$3.84 per share.

Cash & Cash Equivalents	1.73B
Total Debt	2.83B
Net Cash	-1.10B
Net Cash Per Share	-$3.84
Equity (Book Value)	2.57B
Book Value Per Share	5.54
Working Capital	1.41B

Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was -$36.01 million and capital expenditures -$1.77 billion, giving a free cash flow of -$1.81 billion.

Operating Cash Flow	-36.01M
Capital Expenditures	-1.77B
Depreciation & Amortization	51.96M
Net Borrowing	1.94B
Free Cash Flow	-1.81B
FCF Per Share	-$6.34

Full Cash Flow Statement

Margins

Gross margin is 45.41%, with operating and profit margins of -11.92% and -59.47%.

Gross Margin	45.41%
Operating Margin	-11.92%
Pretax Margin	-26.69%
Profit Margin	-59.47%
EBITDA Margin	4.36%
EBIT Margin	-11.92%
FCF Margin	n/a

Dividends & Yields

Applied Digital does not appear to pay any dividends at this time.

Dividend Per Share	n/a
Dividend Yield	n/a
Dividend Growth (YoY)	n/a
Years of Dividend Growth	n/a
Payout Ratio	n/a
Buyback Yield	-47.47%
Shareholder Yield	-47.47%
Earnings Yield	-2.18%
FCF Yield	-20.53%

Analyst Forecast

The average price target for Applied Digital is $38.33, which is 19.37% higher than the current price. The consensus rating is "Strong Buy".

Price Target	$38.33
Price Target Difference	19.37%
Analyst Consensus	Strong Buy
Analyst Count	12
Revenue Growth Forecast (5Y)	75.82%
EPS Growth Forecast (5Y)	n/a

Stock Forecasts

Stock Splits

The last stock split was on April 13, 2022. It was a reverse split with a ratio of 1:6.

Last Split Date	Apr 13, 2022
Split Type	Reverse
Split Ratio	1:6

Scores

Applied Digital has an Altman Z-Score of 1 and a Piotroski F-Score of 3. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score	1
Piotroski F-Score	3