Applied Blockchain, Inc. is engaged in crypto mining and co-hosting operations. The company is headquartered in Dallas, Texas.
| Revenue (TTM) | $319.26M |
| Gross Profit (TTM) | $144.97M |
| EBITDA | $13.90M |
| Operating Margin | -20.50% |
| Return on Equity | -5.56% |
| Return on Assets | -0.60% |
| Revenue/Share (TTM) | $1.23 |
| Book Value | $5.54 |
| Price-to-Book | 5.97 |
| Price-to-Sales (TTM) | 27.13 |
| EV/Revenue | 33.03 |
| EV/EBITDA | -7.43 |
| Quarterly Earnings Growth (YoY) | 0.00% |
| Quarterly Revenue Growth (YoY) | 139.30% |
| Shares Outstanding | $285.77M |
| Float | $261.94M |
| % Insiders | 9.02% |
| % Institutions | 71.81% |
Volatility is currently contracting
Shares of TeraWulf (NASDAQ:WULF) are down 8% to $20.41 in Tuesday's midday session, reversing yesterday's rally on the Anthropic mega-deal.
APLD is ramping up AI data center expansion with billions in new financing, as much of its contracted capacity has yet to generate recurring revenues.
The semiconductor rotation and memory stock profit taking puts investors in a bind trying to call the top.
Hyperscaler capex has ballooned to nearly $700 billion, up from roughly $400 billion just three months earlier, according to Applied Digital CEO Wes Cummins.
DALLAS, July 01, 2026 (GLOBE NEWSWIRE) -- Applied Digital (NASDAQ: APLD), a designer, builder, and operator of high-performance, sustainably engineered data centers and colocation services for artificial intelligence, cloud, networking, and blockchain workloads, today announced it has achieved Ready for Service for Phase 1 of Building 2 at Polaris Forge 1, delivering 75 MW of operational AI capacity to its customer on schedule and bringing total live capacity at the campus to 175 MW. The delivery marks the next major milestone in the continued buildout of Polaris Forge 1, Applied Digital's fully leased AI Factory Campus designed to support high-density artificial intelligence and high-performance computing workloads.
Coinbase (NASDAQ:COIN | COIN Price Prediction) Head of Institutional Strategy John D'Agostino used a recent CNBC Squawk Box appearance to push back on the wave of skepticism that has followed a brutal stretch for crypto prices.
At $45.20, Applied Digital (NASDAQ:APLD) looks fully valued.
SNPS stands out in the AI boom with recurring revenues, expanding AI-driven design tools and IP licensing, while APLD faces customer concentration risks.
BISMARCK, N.D., June 22, 2026 /PRNewswire/ -- MDU Resources Group, Inc.'s (NYSE: MDU) subsidiary, Montana-Dakota Utilities Co., has entered into an electric service agreement (ESA) with Applied Digital Corporation (NASDAQ: APLD) to provide power to Polaris Forge 3, an AI Factory near Center, North Dakota.
Applied Digital's contracted revenue is concentrated among a few hyperscalers, raising concerns that future growth may hinge on a narrow customer base.
