AI REVENUE WARS ● 2026-10-30

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Applied Digital

public · APLD · SEC filings · AI compute & GPU cloud

Filed revenue and year-over-year growth

Grey bars: fourth quarters derived as fiscal-year revenue minus the first nine months (Q4 is rarely filed as a three-month figure). Growth is the company's own comparison inside each filing; gaps mean the filing did not print a comparable prior-year figure.

All observations (22)

PeriodMetricValueYoYQualityHowSource
Q1 FY2027 · 2026-06-01→2026-08-31filed revenue$262.75M+224.7%verifiedreported · us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax10-Q
FY2026 · 2025-06-01→2026-05-31filed revenue$611.31M+167.4%verifiedreported · us-gaap:Revenues10-K
Q3 FY2026 · 2025-12-01→2026-02-28filed revenue$126.64M+139.3%verifiedreported · us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax10-Q
Q2 FY2026 · 2025-09-01→2025-11-30filed revenue$126.59M+250.1%verifiedreported · us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax10-Q
Q1 FY2026 · 2025-06-01→2025-08-31filed revenue$64.22M+84.3%verifiedreported · us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax · restated in a later filing10-Q
FY2025 · 2024-06-01→2025-05-31filed revenue$144.19M+5.5%verifiedreported · us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax10-K
Q3 FY2025 · 2024-12-01→2025-02-28filed revenue$52.92M+22.1%verifiedreported · us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax10-Q
Q2 FY2025 · 2024-09-01→2024-11-30filed revenue$63.87M+51.3%verifiedreported · us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax · restated in a later filing10-Q
Q1 FY2025 · 2024-06-01→2024-08-31filed revenue$60.70M+67.1%verifiedreported · us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax · restated in a later filing10-Q
FY2024 · 2023-06-01→2024-05-31filed revenue$165.57M+198.9%verifiedreported · us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax · restated in a later filing10-K
Q4 FY2024 · 2024-03-01→2024-05-31filed revenue$43.70M+98.3%verifiedderived · us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax · restated in a later filing
Derived: fiscal-year revenue (10-K filed 2024-08-30) minus nine-month year-to-date revenue (10-Q filed 2024-04-11). Q4 is not filed as a three-month figure.
10-K
Q3 FY2024 · 2023-12-01→2024-02-29filed revenue$43.35M+207.7%verifiedreported · us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax10-Q
Q2 FY2024 · 2023-09-01→2023-11-30filed revenue$42.20M+242.0%verifiedreported · us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax10-Q
Q1 FY2024 · 2023-06-01→2023-08-31filed revenue$36.32M+424.6%verifiedreported · us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax10-Q
FY2023 · 2022-06-01→2023-05-31filed revenue$55.39M+547.9%verifiedreported · us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax10-K
Q4 FY2023 · 2023-03-01→2023-05-31filed revenue$22.04M+192.9%verifiedderived · us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
Derived: fiscal-year revenue (10-K filed 2023-08-02) minus nine-month year-to-date revenue (10-Q filed 2023-04-06). Q4 is not filed as a three-month figure.
10-K
Q3 FY2023 · 2022-12-01→2023-02-28filed revenue$14.09M+1273.3%verifiedreported · us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax10-Q
Q2 FY2023 · 2022-09-01→2022-11-30filed revenue$12.34M—verifiedreported · us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax10-Q
Q1 FY2023 · 2022-06-01→2022-08-31filed revenue$6.92M—verifiedreported · us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax10-Q
FY2022 · 2021-06-01→2022-05-31filed revenue$8.55M—verifiedreported · us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax10-K
Q4 FY2022 · 2022-03-01→2022-05-31filed revenue$7.52M—verifiedderived · us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
Derived: fiscal-year revenue (10-K filed 2022-08-29) minus nine-month year-to-date revenue (10-Q filed 2022-05-13). Q4 is not filed as a three-month figure.
10-K
Q3 FY2022 · 2021-12-01→2022-02-28filed revenue$1.03M—verifiedreported · us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax10-Q