StocksMediumUpdated•Originally published 7 October 2026•Updated 7 October 2026•
1 min read
Applied Digital Beats Q1 Earnings Estimates and Secures 1GW Power Capacity in Finland
Key Facts
1Applied Digital reported financial results for the fiscal first quarter ended August 31, 2026.
Applied Digital reported a fiscal first quarter loss of $0.01 per share for the period ended August 31, 2026, beating analyst estimates of a $0.30 loss. According to a company statement, total revenue reached $341.90 million, exceeding expectations and driven by $262.6 million in revenue from its High-Performance Computing (HPC) hosting segment.
APLD closed at $25.34 on October 6, 2026, with the stock trading between a low of $24.82 and a high of $25.89 during the session. Alongside the financial results, the company secured up to 1 gigawatt of power capacity in Finland for international expansion, while its Polaris Forge 1 campus reached a 250 MW operational capacity on October 1, 2026.