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21h agoApplied Digital (APLD) Beats Q1 Estimates on Strong HPC Demand, Secures $11B CoreWeave Lease
Applied Digital Corporation (APLD) reported fiscal Q1 2026 results on October 9, 2025, posting an adjusted net loss per share of -$0.03, well above analyst estimates of -$0.14. Total revenues reached $64.2M, driven by tenant fit-out services for its High-Performance Computing (HPC) business. The company finalized a 150 MW lease agreement with CoreWeave for its Polaris Forge 1 campus, fully leasing the facility and securing approximately $11B in contracted lease revenue over 15 years. The report highlights accelerating demand for AI infrastructure and strong execution in HPC, driving positive after-hours stock movement.
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21h agoApplied Digital (APLD) Beats Q1 Estimates on Strong HPC Demand, Secures $11B CoreWeave Lease
Applied Digital Corporation (APLD) reported fiscal Q1 2026 results on October 9, 2025, posting an adjusted net loss per share of -$0.03, well above analyst estimates of -$0.14. Total revenues reached $64.2M, driven by tenant fit-out services for its High-Performance Computing (HPC) business. The company finalized a 150 MW lease agreement with CoreWeave for its Polaris Forge 1 campus, fully leasing the facility and securing approximately $11B in contracted lease revenue over 15 years. The report highlights accelerating demand for AI infrastructure and strong execution in HPC, driving positive after-hours stock movement.
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Applied Digital (APLD) Beats Q1 Estimates on Strong HPC Demand, Secures $11B CoreWeave Lease
about 22 hours ago
1 min read
92 words
APLD Q1 results beat expectations with EPS of -$0.03. Polaris Forge 1 campus fully leased to CoreWeave, securing ~$11B in contracted lease revenue over 15 years.
Applied Digital Corporation (APLD) reported fiscal Q1 2026 results on October 9, 2025, posting an adjusted net loss per share of -$0.03, well above analyst estimates of -$0.14. Total revenues reached $64.2M, driven by tenant fit-out services for its High-Performance Computing (HPC) business. The company finalized a 150 MW lease agreement with CoreWeave for its Polaris Forge 1 campus, fully leasing the facility and securing approximately $11B in contracted lease revenue over 15 years. The report highlights accelerating demand for AI infrastructure and strong execution in HPC, driving positive after-hours stock movement.
Applied Digital Corporation (APLD) reported fiscal Q1 2026 results on October 9, 2025, posting an adjusted net loss per share of -$0.03, well above analyst estimates of -$0.14. Total revenues reached $64.2M, driven by tenant fit-out services for its High-Performance Computing (HPC) business. The company finalized a 150 MW lease agreement with CoreWeave for its Polaris Forge 1 campus, fully leasing the facility and securing approximately $11B in contracted lease revenue over 15 years. The report highlights accelerating demand for AI infrastructure and strong execution in HPC, driving positive after-hours stock movement.
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Applied Digital (APLD)
Earnings Report
Applied Digital (APLD)
Earnings Report
High-Performance Computing (HPC)
Data Center
Artificial Intelligence (AI)
CoreWeave
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