July 29, 2026 Applied Digital Inc. Reports Robust Growth in 2026 Annual Report Applied Digital Inc. showcased significant growth in its 2026 annual report, with a revenue increase of 119% to $496.6 million. The company's HPC hosting business was a major contributor, alongside strategic moves like the divestiture of its cloud operations. Despite a net loss, Applied Digital is poised for future growth in the tech infrastructure sector.
July 27, 2026 Applied Digital Inc. Reports Impressive Q4 and Full Year 2026 Financial Results Applied Digital Corporation showcased impressive financial growth in Q4 and for the full year 2026, with a 407% revenue increase. Despite a net loss, adjusted metrics reveal strong operational performance and strategic lease agreements that position the company for future success in high-performance computing.
July 15, 2026 Applied Digital Sets Stage for Fiscal Year-End Results Applied Digital Corporation will host a conference call on July 27, 2026, to discuss its operational and financial performance for FY 2026. The event promises valuable insights for investors and analysts alike.
July 01, 2026 Applied Digital Inc. Achieves Major Milestone with Second Building at Polaris Forge 1 Applied Digital Inc. has completed Phase 1 of Building 2 at Polaris Forge 1, adding 75 MW of AI capacity and reaching a total of 175 MW. This expansion underlines the company's commitment to innovative AI infrastructure and community sustainability.
June 09, 2026 Applied Digital Secures $1.59 Billion to Expand AI Capabilities Applied Digital Corporation has secured $1.59 billion in senior secured notes to fund the construction of a new data center at its Polaris Forge 1 campus. This investment aims to support high-performance workloads in AI and blockchain, ensuring financial stability through debt repayment and reserves.
June 09, 2026 Applied Digital Announces Major Offering to Fund Expansion at Polaris Forge 1 Applied Digital Corporation plans to raise $1.59 billion through senior secured notes to expand its Polaris Forge 1 campus. The funds will support construction of a new facility, debt repayment, and ensure financial stability as demand for high-performance computing rises.
June 08, 2026 Applied Digital Expands AI Factory Footprint with Major Lease Agreement Applied Digital Inc. has announced a major 15-year lease for a 210 MW AI Factory campus, projecting up to $12.7 billion in revenue. The expansion strengthens its position in the AI data center sector and emphasizes community impact through job creation and sustainable practices.
June 08, 2026 Applied Digital Secures $550 Million Credit Facility to Fuel Growth in AI and Data Services Applied Digital Corporation has announced a $550 million revolving credit facility aimed at expanding its AI and data center projects. The funding will support development and operational needs, strengthening the company's market position in high-performance computing.
May 20, 2026 Applied Digital Inc. Surpasses 1 GW of Contracted Capacity with New Lease Agreement Applied Digital Inc. has surpassed 1 GW of contracted capacity with a new lease agreement valued at $7.5 billion. The Polaris Forge 3 campus will enhance its AI infrastructure, further solidifying its position in the data center sector. With innovative technologies and a robust financial foundation, the company is poised for significant growth.
May 05, 2026 Applied Digital Completes Separation of Cloud Business, Launches ChronoScale Applied Digital Corporation has successfully spun off its cloud business, now known as ChronoScale Corporation, which will focus on AI-driven compute solutions. The transition positions ChronoScale to meet the increasing demand for high-performance computing in the AI sector. This strategic separation allows both companies to enhance their operational focus and capitalize on market opportunities.
May 04, 2026 Applied Digital Secures $300 Million Financing for AI Data Center Development Applied Digital Corporation has secured a $300 million bridge facility to support the construction of its third AI data center at Polaris Forge 1. This financing, arranged by Goldman Sachs, showcases the company's strategic focus on expanding its AI infrastructure amid growing demand for high-performance computing.
April 23, 2026 Applied Digital Inc. Expands Hyperscaler Portfolio with Major Lease Agreement Applied Digital Inc. has announced a significant lease agreement with a U.S.-based hyperscaler at its Delta Forge 1 campus, enhancing its AI infrastructure capabilities. This agreement boosts the company's total contracted revenue to over $23 billion, marking a pivotal step in diversifying its customer base and solidifying its financial stability.
April 08, 2026 Applied Digital Inc. Reports Spectacular Growth in Fiscal Third Quarter 2026 Applied Digital Corporation experienced a 139% revenue increase in Q3 2026, reaching $126.6 million. The report highlights significant operational advancements, including new AI Factory projects and leadership changes, positioning the company for continued growth in the AI data center sector.
April 08, 2026 Applied Digital Inc. Reports Strong Q3 2026 Results Amid Strategic Shifts Applied Digital Inc. reported a 139% revenue increase in Q3 2026, driven by its HPC Hosting segment. Strategic shifts, including a business combination with EKSO Bionics, position the company for future growth in AI and digital infrastructure.
March 19, 2026 Applied Digital Inc. Schedules Fiscal Q3 2026 Conference Call Applied Digital Corporation will hold a conference call on April 8, 2026, to discuss its Q3 financial results and operational updates. Investors can join via dial-in and access a replay afterward.
March 04, 2026 Applied Digital Inc. Secures $2.15 Billion for Polaris Forge 2 Campus Development Applied Digital Corporation has announced the pricing of $2.15 billion in senior secured notes to fund the development of its Polaris Forge 2 campus in North Dakota. This initiative aims to enhance its capabilities in AI and data center services, positioning the company for growth in the evolving digital landscape.
March 02, 2026 Applied Digital Announces Major Financing Initiative for Polaris Forge 2 Campus Applied Digital Corporation has proposed a $2.15 billion offering of senior secured notes to fund its Polaris Forge 2 AI campus in North Dakota. The initiative emphasizes the company's commitment to expanding its data center operations and capabilities in the AI sector, despite market uncertainties.
January 22, 2026 Applied Digital Inc. Breaks Ground on Ambitious Delta Forge 1 AI Factory Applied Digital Inc. has officially broken ground on its Delta Forge 1 AI factory, which aims to provide 430 MW of power for high-density AI workloads. This project is set to create jobs and drive economic development while meeting the growing demand for AI infrastructure. Initial operations are expected to begin in mid-2027.
January 15, 2026 Applied Digital Appoints Co-Founder Jason Zhang as President Applied Digital Inc. has appointed Jason Zhang, co-founder and Chief Strategy Officer, as President to enhance growth in AI infrastructure. This strategic move aims to leverage Zhang’s extensive experience as the company navigates increasing demand for high-performance data centers.
January 08, 2026 Applied Digital Inc. Reports Robust Q2 2026 Results Amidst Strategic Growth Applied Digital Inc. reported a remarkable 250% revenue growth in Q2 2026, reaching $126.5 million, driven by its HPC Hosting Business. Despite rising costs and operational losses, the company is strategically expanding its data center and HPC segments to meet increasing demand.
January 07, 2026 Applied Digital Reports Impressive Growth in Fiscal Second Quarter 2026 Applied Digital Corporation achieved a 250% revenue increase to $126.6 million in Q2 2026, significantly reducing net loss. Strategic partnerships and innovative investments position the company for future growth in the AI sector.
December 29, 2025 Applied Digital Inc. Proposes Spin-Out and Merger to Create ChronoScale Applied Digital Inc. is spinning out its cloud division to merge with EKSO Bionics, creating ChronoScale, a company focused on GPU-accelerated cloud infrastructure for AI. This strategic move aims to enhance operational flexibility and capitalize on growing demand for specialized computing solutions.
December 18, 2025 Applied Digital Announces Upcoming Fiscal Second Quarter Conference Call Applied Digital Corporation will host a conference call on January 7, 2026, at 5:00 p.m. ET to discuss its fiscal second quarter results. This call is crucial for investors seeking insights into the company's operations and performance, with a Q&A session following the financial disclosures.
December 18, 2025 Applied Digital Inc. Secures Development Loan Facility with Macquarie Group Applied Digital Corporation has secured a substantial loan facility from Macquarie Group to support the development of new AI data center campuses. This strategic funding aims to enhance the company's ability to meet the growing demand for high-performance computing infrastructure.
December 02, 2025 Applied Digital Leads $25 Million Funding Round for Corintis to Advance Innovation in Data Center Technology Applied Digital Inc. has led a $25 million funding round for Swiss company Corintis, focusing on advanced cooling solutions for data centers driven by AI. This investment aims to optimize performance while reducing environmental impact, solidifying Applied Digital's leadership in the high-performance computing sector.
November 24, 2025 Applied Digital Inc. Achieves Major Milestone with Completion of Phase II at Polaris Forge 1 Applied Digital Inc. has successfully completed Phase II of its Polaris Forge 1 AI Factory Campus, achieving full operational capacity at 100 MW. This milestone emphasizes the company's commitment to rapid deployment of AI infrastructure, with significant revenue growth from new lease agreements.
November 14, 2025 Applied Digital Prices $2.35 Billion Senior Secured Notes to Fuel Expansion Applied Digital Corporation has priced a $2.35 billion offering of senior secured notes to fund the construction of two new data centers, bolstering its capacity for high-performance computing. The move aims to meet the rising demand for AI and cloud services while ensuring investor confidence with robust security measures.
November 12, 2025 Applied Digital Secures $787.5 Million for AI Factory Expansion Applied Digital Inc. has secured $787.5 million from Macquarie Asset Management to expand its AI infrastructure, particularly at its Polaris Forge campuses. This funding is crucial for completing major developments and enhancing capacity in response to growing demand for AI services.
November 10, 2025 Applied Digital Inc Announces Major Offering of Senior Secured Notes Applied Digital Corporation has announced a $2.35 billion offering of senior secured notes to fund new data centers and repay existing debt. The move aims to bolster the company's financial health and operational capacity within the growing data center industry.
October 27, 2025 Applied Digital Inc. Marks Milestone with Ready for Service Status at Polaris Forge 1 Applied Digital Inc. has achieved 'Ready for Service' status for its Polaris Forge 1 facility in North Dakota, enhancing its AI infrastructure capacity. With a planned 100 MW, the site is poised for significant growth, aligning with the rising demand for AI computing. This milestone positions North Dakota as a key player in the tech sector.
October 22, 2025 Applied Digital Secures $5 Billion AI Factory Lease at Polaris Forge 2 Campus Applied Digital has announced a $5 billion lease agreement for its Polaris Forge 2 Campus, supporting AI initiatives with a capacity of 200 MW. This expansion highlights the company's rapid growth and commitment to sustainable data center solutions, positioning it as a leader in AI infrastructure.
October 09, 2025 Applied Digital Inc. Q1 2026 Financial Report: A Glimpse into the Future of AI Infrastructure Applied Digital Inc.'s Q1 2026 report reveals a 95% revenue increase despite a net loss, driven by investments in AI and HPC infrastructure. The company is expanding its operations with new data centers in North Dakota.
October 09, 2025 Applied Digital Reports Impressive Fiscal Q1 2026 Results Applied Digital Corporation reported impressive Q1 2026 results, showcasing an 84% revenue growth driven by its HPC Hosting Business. Despite a rise in net losses, new lease agreements and capital raises indicate a strategic push for expansion in AI infrastructure.
October 07, 2025 Applied Digital Secures Initial Funding in Landmark $5 Billion AI Infrastructure Partnership Applied Digital Corporation has secured $112.5 million from Macquarie Asset Management, marking the first step in a $5 billion funding partnership. This investment will support the development of the Polaris Forge 1 AI campus in North Dakota, crucial for scaling AI data center operations.
September 24, 2025 Applied Digital Announces Fiscal First Quarter 2026 Conference Call Applied Digital Corporation will hold a conference call on October 9, 2025, to discuss its fiscal Q1 2026 results and strategic initiatives. The call will include management insights and a Q&A session, highlighting the company’s commitment to sustainable data center operations.
July 30, 2025 Applied Digital Inc. Reports Fiscal Year 2025 Results: A Year of Strategic Transition and Operational Growth Applied Digital Inc. reported its fiscal year 2025 results, revealing a strategic shift towards high-performance computing and significant investments. Despite a net loss of $231 million, the company's focus on data center hosting positions it for future growth in the evolving digital landscape.
April 14, 2025 Applied Digital Inc. Reports Strong Q3 2025 Results Amid Strategic Growth Initiatives Applied Digital Inc. announced a 31% revenue growth in Q3 2025, driven by its Cloud Services segment. Despite reporting net losses, the company is focused on strategic growth in high-performance computing and cloud services.
March 31, 2025 Applied Digital Inc. Announces Upcoming Fiscal Third Quarter Conference Call Applied Digital Inc. will host a conference call on April 14, 2025, at 5 PM ET to discuss its fiscal Q3 results. The call will feature management insights and a Q&A session for stakeholders.
February 12, 2025 Applied Digital Inc Secures $375 Million Financing from SMBC for Ellendale HPC Campus Development Applied Digital Corporation has closed a $375 million financing deal with SMBC to develop the Ellendale HPC Campus. The funding will support data center construction and repay existing obligations. This strategic partnership positions Applied Digital to enhance its capabilities in high-performance computing.
January 28, 2025 SWOT Analysis of Applied Digital Inc. in 2025 This SWOT analysis of Applied Digital Inc. in 2025 highlights its strong market position in high-performance computing and AI, while addressing challenges like customer concentration risk and regulatory scrutiny. The company has significant opportunities for growth in cloud services and renewable energy but must manage competitive and economic pressures.
January 14, 2025 Applied Digital Inc. Reports Strong Q2 2025 Results Amidst Growth Challenges Applied Digital Inc. reported a 66% revenue increase to $63.9 million in Q2 2025, driven by growth in its Cloud Services segment. Despite this, the company faced an operating loss of $18.61 million due to rising costs and challenges in its HPC Hosting business. Strategic management changes and financing efforts are underway to tackle these issues.
October 09, 2024 Applied Digital Inc. Reports Promising Growth in Q1 2025 In Q1 2025, Applied Digital Inc. achieved a remarkable 67% increase in revenue, reaching $60.7 million, primarily due to its Data Center Hosting operations. Despite reporting a net loss, the company is optimistic about future growth amidst legal challenges and a focus on expanding its digital infrastructure solutions.
August 30, 2024 Applied Digital Inc. 2024 Annual Report: A Year of Challenges and Strategic Moves Applied Digital Inc.'s 2024 Annual Report highlights a year of significant revenue growth amidst operational challenges and legal scrutiny. With a focus on expanding cloud services and high-performance computing, the company navigates a complex financial landscape aiming for future profitability.
April 11, 2024 Applied Digital Inc. Reports Q3 2024 Results: A Mixed Bag of Growth and Challenges Applied Digital Inc. reported a 301% revenue increase in Q3 2024, reaching $40.3 million, but faced significant operating losses across its segments. Despite growth in datacenter hosting and cloud services, liquidity issues and reliance on third-party manufacturers pose risks to profitability.
