Develops data centers for artificial intelligence and blockchain workloads.
May 2026Revenue $611M/yrExpenses $848M/yr
No trend
Figures by year
When will Applied Digital be profitable?
Its figures don’t show a steady enough trend to project a date. In the 12 months to May 2026, revenue was $611M and expenses $848M.
| Fiscal year to | Revenue | Expenses | Operating profit |
|---|---|---|---|
| May 2026 | $611M | $848M | −$236M |
| May 2025 | $229M | $301M | −$72.2M |
| May 2024 | $166M | $264M | −$98.3M |
| May 2023 | $55.4M | $98.3M | −$42.9M |
| May 2022 | $8.55M | $29.4M | −$20.9M |
| May 2021 | $0.00 | $332K | −$332K |
When the cash runs out, on the chart. A red line at the date the company’s cash would run out at its latest burn, so you can see whether it gets to break-even first. Part of a subscription.