Applied Digital Corporation Reports 139% Revenue Surge in Fiscal Q3 2026

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โดย Yahoo Finance·Read original
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Applied Digital Corporation reported fiscal Q3 2026 revenue of $126.6 million, a 139% increase year over year, driven by accelerating demand for high-performance computing hosting. The HPC Hosting segment became the largest revenue contributor at $71 million, while adjusted EBITDA reached $44.1 million. The company holds a $2.15 billion financing and a $2.7 billion debt stack, offset by $2.1 billion in cash, supporting an aggressive buildout strategy that includes a signed 200 MW lease with hyperscaler clients. Applied Digital's early deployment of 100 MW liquid cooling infrastructure provides a structural advantage in the GPU-dense data center market, though leverage remains elevated with interest coverage near 1.2x. Scaling utilization at the Polaris Forge 2 and Delta Forge 1 campuses could materially expand EBITDA and improve coverage ratios in the coming quarters.

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Applied Digital Corporation
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Revenue surged 139% and adjusted EBITDA reached $44.1 million, indicating strong financial performance.

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