Applied Digital Corporation (APLD)
Information Technology ยท Services-Computer Processing & Data Preparation
Applied Digital Corporation (APLD) is listed on Nasdaq, where its shares have traded since July 22, 2002. SentiSense covers Applied Digital Corporation in the Information Technology sector, and its Standard Industrial Classification is Services-Computer Processing & Data Preparation. Wes Cummins is its chief executive officer. The company reports 256 employees, and its corporate website is www.applieddigital.com.
About Applied Digital Corporation
Applied Digital Corp is a U.S. based designer, developer, owner, and operator of large-scale, purpose-built data centers engineered to support high-performance computing (HPC) workloads, including artificial intelligence (AI), machine learning, and other accelerated-compute applications. It design, build, and operate high-performance, sustainably engineered data centers which it refer to as AI factories and deliver that capacity to investment-grade hyper scalers and other compute customers under long-term lease and hosting arrangements. The company has two segments Data Center Hosting Business, and HPC Hosting Business. The company generates majority of revenue from Data Center Hosting Business segment. Its solutions are Digital Infrastructure, and AI Factories.
Latest reported results
Applied Digital Corp. reported revenue of $341.9 million for Q1 FY2027, up 432.4% from the same period a year earlier.
Institutional ownership
In 13F filings for the quarter ended June 30, 2026, 551 institutions reported holding APLD, with 212.9 million shares worth $7.8 billion in aggregate. The largest reported holders were Vanguard, Hood River Capital Management and Situational Awareness.
More on APLD
- APLD sentiment: whether news and social coverage of Applied Digital Corporation leans bullish or bearish, and the stories driving it.
- APLD ownership: all 551 reporting institutions, plus insider and congressional trades.
- APLD financials: revenue, net income, operating margin and free cash flow through Q1 FY2027.
Frequently asked questions
What does Applied Digital Corporation do?
Applied Digital Corp is a U.S. based designer, developer, owner, and operator of large-scale, purpose-built data centers engineered to support high-performance computing (HPC) workloads, including artificial intelligence (AI), machine learning, and other accelerated-compute applications.
What sector is APLD in?
SentiSense classifies Applied Digital Corporation in the Information Technology sector, and its Standard Industrial Classification is Services-Computer Processing & Data Preparation.
Where does APLD stock trade?
Applied Digital Corporation (APLD) is listed on Nasdaq, where its shares have traded since July 22, 2002.
Who is the CEO of Applied Digital Corporation?
Wes Cummins is the chief executive officer of Applied Digital Corporation.