- Applied Digital reported fiscal fourth-quarter 2026 revenue of $258.7 million, ahead of Wall Street estimates of roughly $94.8 million to $104.3 million, and adjusted earnings of $0.04 per share versus expected losses.
- Fiscal fourth-quarter revenue rose 407% year over year, while the company reported adjusted EBITDA of $42.4 million and net operating income of $39.9 million as capacity came online.
- Applied Digital has secured $36 billion in contracted lease value, up 125% year over year, and power availability is identified as its key growth constraint.