Applied Digital FY27 Q1 net loss attributable to common stockholders widens to $221 million; revenue rises to $341.9 million
Bitget2026/10/07 20:28Applied Digital posted revenue of $341.9 million for the fiscal first quarter ended Aug. 31, 2026. Net loss attributable to common stockholders widened to $221.0 million, or $0.76 per basic and diluted share. Services revenue rose 225% to $262.8 million, and data center rental and other revenue was $79.1 million. Selling, general and administrative expenses climbed 289% to $114.7 million; interest expense jumped to $77.4 million. Closed $1.59 billion of 7.000% Senior Secured Notes due 2031; delivered the second 75 MW phase at Polaris Forge 1, lifting live capacity to 250 MW. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Applied Digital Corporation published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202610071627PRIMZONEFULLFEED9841712) on October 07, 2026, and is solely responsible for the information contained therein.
- Applied Digital posted revenue of $341.9 million for the fiscal first quarter ended Aug. 31, 2026.
- Net loss attributable to common stockholders widened to $221.0 million, or $0.76 per basic and diluted share.
- Services revenue rose 225% to $262.8 million, and data center rental and other revenue was $79.1 million.
- Selling, general and administrative expenses climbed 289% to $114.7 million; interest expense jumped to $77.4 million.
- Closed $1.59 billion of 7.000% Senior Secured Notes due 2031; delivered the second 75 MW phase at Polaris Forge 1, lifting live capacity to 250 MW.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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