← Research LibraryThe BriefFY2025 10-K · headline figures audited against SEC data
Applied Digital revenue rose 5.5%, but the net loss widened to $231.1M and free cash flow fell to negative $797.0M.
The read at a glance✓ Audited against SEC data
- Business mix — AI and data-center infrastructureNote
- Revenue — Revenue rose 5.5% to $144.2MOK
- Profitability — Net loss widened to $231.1MWatch
- Cash — FCF was negative $797.0MWatch
- Balance sheet — Equity rose to $497.7MOK
- Insiders — 0 buys / 28 sellsWatch
- Accounting — Altman-Z distress; EQ greyWatch
Business
Applied Digital designs, develops, and runs next-generation data-center infrastructure in North America for high-performance computing, AI, and blockchain hosting.
Leadership changes
From Applied Digital Corp.'s own filings, the day they're filed.
- Saidal Mohmand · Chief Financial Officer · appointmenteff. 2024-10-15
- Rachel H. Lee · director · departureeff. 2024-02-22
- Kelli McDonald · Directors · departureeff. 2024-02-22
Latest filings
- 10-K · Annual report2026-07-29
- 8-K · Company announcement2026-07-27
- 8-K · Company announcement2026-06-26
- 8-K · Company announcement2026-06-16
- 8-K · Company announcement2026-06-09
In the full recordFree for 14 days
- What changed🔒
- Insider signal🔒
- Growth quality🔒
- Margins & accounting🔒
- Capital allocation🔒
- Real risks🔒
- The long arc🔒
- Company history🔒
- Main tension🔒
- The filings, readable — with what changed vs the prior year highlighted🔒
- Full financial statements, industry-aware, sources cited throughout🔒
- Forensic score history & components — the trend, not one year🔒
- Ownership: insider buys/sells, clusters, activist stakes🔒
- Ana — ask about Applied Digital Corp., every answer cited to the official filings🔒
Every figure comes from the company's filings, and analysis whose figures don't match SEC data is rejected before publication.
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