Applied Digital Corporation (APLD) reported fiscal first-quarter 2027 revenue of $341.9 million, up 322% from the prior-year period. The company posted a GAAP net loss of $184.1 million and a net loss attributable to common stockholders of $237.1 million, or $0.82 per basic and diluted share.
Revenue included $262.8 million of services revenue and $79.1 million of data center rental and other revenue for the quarter ended August 31, 2026.
- HPC Hosting revenue totaled $262.6 million, including $65.8 million of base rent, $183.5 million of tenant fit-out services, and $13.3 million of tenant recoveries.
- Data Center Hosting generated $37.8 million in revenue and $13.3 million in segment operating profit.
- Cash, cash equivalents, and restricted cash totaled $3.7 billion as of August 31, while debt totaled $6.4 billion.
- Applied Digital delivered the second 75 MW phase of Polaris Forge 1 Building 2 on October 1, bringing live campus capacity to 250 MW.
- The company reported approximately 1.41 GW of leased critical IT load across five campuses and about $36 billion of contracted revenue over initial lease terms.
$APLD Insider Trading Activity
$APLD insiders have traded $APLD stock on the open market 4 times in the past 6 months. Of those trades, 0 have been purchases and 4 have been sales.
Here’s a breakdown of recent trading of $APLD stock by insiders over the last 6 months:
- RICHARD N NOTTENBURG has made 0 purchases and 3 sales selling 100,000 shares for an estimated $3,168,625.
- DOUGLAS S MILLER sold 10,000 shares for an estimated $349,799
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$APLD Hedge Fund Activity
We have seen 322 institutional investors add shares of $APLD stock to their portfolio, and 211 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- TWO SIGMA INVESTMENTS, LP added 8,706,515 shares (+546.7%) to their portfolio in Q2 2026, for an estimated $324,753,009
- EQUITEC PROPRIETARY MARKETS, LLC added 8,373,964 shares (+inf%) to their portfolio in Q2 2026, for an estimated $312,348,857
- BLACKROCK, INC. removed 7,521,031 shares (-36.0%) from their portfolio in Q2 2026, for an estimated $280,534,456
- DBA TRADING, LLC added 5,576,235 shares (+inf%) to their portfolio in Q2 2026, for an estimated $207,993,565
- D. E. SHAW & CO., INC. removed 5,172,729 shares (-63.0%) from their portfolio in Q2 2026, for an estimated $192,942,791
- OASIS MANAGEMENT CO LTD. added 3,974,500 shares (+384.8%) to their portfolio in Q2 2026, for an estimated $148,248,850
- NORGES BANK added 2,783,977 shares (+913.7%) to their portfolio in Q2 2026, for an estimated $103,842,342
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
