NASDAQ$APLD

Applied Digital Corporation · Q2 2026 earnings

Q2 2026 earnings · · After market close · Investor relations

Briefing

Applied Digital reported Q2 2026, revenue of $126.6M, net loss of $12.1M.

For Q2 2026, Applied Digital reported revenue of $126.6M, a net loss of $12.1M. Management discusses segment performance, capital allocation, and outlook in the earnings filing.

  • Revenue $126.6M.
  • Net loss $12.1M.
  • Applied Digital highlights liquidity, operations, and 2026 priorities.

Headline financials

Total Revenue

$127M

Previous: $63.9M+98.2%
EPS (adj)

$0.00

Previous: -$0.06+100.0%
Adjusted EBITDA

$20.2M

Previous: $6.13M+229.7%
Adjusted Net Income

$115K

Previous: -$1.52M+107.6%
Net Income

-$14.5M

Previous: -$139M+89.6%
Operating Income

-$31M

Previous: -$18.6M-66.3%

Revenue & EPS history

Applied Digital · Revenue · Quarterly

$127M

Q2 2026+98.2%vs Q2 2025
Beat estimate in 9 of 15 quarters(60%)
ActualEstimate

Forward guidance

The release discusses Applied Digital's outlook for upcoming periods, including capital allocation, operating priorities, and market risks, without relying solely on numeric EPS bridges.

Tailwinds

  • Applied Digital cites operational execution and demand trends supporting the outlook.
  • Balance sheet and liquidity actions aim to fund growth and returns.

Headwinds

  • GAAP profitability remained under pressure in Q2 2026.
  • Macro, pricing, and input-cost volatility could pressure margins.
  • Segment mix and one-time items may affect quarter-to-quarter comparability.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 17 quarterly earnings reports · overlaid with Q2 2026

Historical avgQ2 2026

+5.3%

Avg return

Earnings day

+11.0%

Avg return

5 days after

+21.6%

Avg return

30 days after

75%

15 / 20 earnings

Positive

+32.6%

Q4 2023

Best reaction

-35.9%

Q3 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2026+14.1%+13.2%+48.4%
Q2 2026+7.8%+13.0%+9.4%
Q1 2026+16.0%+28.9%+5.8%
Q3 2025-35.9%-26.4%+4.1%
Q2 2025+7.7%+14.6%+1.9%
Q1 2025-12.2%-3.8%-3.7%
Q4 2024-19.2%-22.8%+73.2%
Q3 2024-9.4%-18.1%+10.7%
Q2 2024-31.5%-35.1%-34.0%
Q1 2024+4.8%-0.8%-5.4%
Q4 2023+32.6%+21.8%-12.2%
Q3 2023+22.8%+40.9%+57.7%
Q2 2023+16.7%+15.1%+83.3%
Q1 2022+14.9%+21.4%+39.3%
Q1 2023+8.7%+20.6%+31.2%
Q2 2022+1.0%+8.7%-15.5%
Q4 2022+4.0%+5.1%-19.7%
Q3 2021+21.1%+41.1%+52.2%
Q4 2021+21.1%+41.1%+52.2%
Q3 2022+21.1%+41.1%+52.2%
Q2 2021
Q1 2021

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro