Applied Digital Net Income

APLD Stock  USD 35.28  0.89  2.46%   
As of the 17th of February 2026, Applied Digital shows the Downside Deviation of 6.66, mean deviation of 5.89, and Risk Adjusted Performance of 0.0575. Applied Digital technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm Applied Digital maximum drawdown, and the relationship between the information ratio and downside variance to decide if Applied Digital is priced correctly, providing market reflects its regular price of 35.28 per share. Given that Applied Digital has jensen alpha of 0.287, we suggest you to validate Applied Digital's prevailing market performance to make sure the company can sustain itself at a future point.

Applied Digital Total Revenue

260.22 Million

Applied Digital's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Applied Digital's valuation are provided below:
Gross Profit
51.8 M
Profit Margin
(0.47)
Market Capitalization
9.9 B
Enterprise Value Revenue
39.9984
Revenue
264 M
There are over one hundred nineteen available fundamental signals for Applied Digital, which can be analyzed over time and compared to other ratios. Investors should ensure to validate all of Applied Digital's prevailing performance against the performance from 2010 to 2026 to make sure the company is sustainable down the road. The current year's Market Cap is expected to grow to about 1.3 B. The current year's Enterprise Value is expected to grow to about 1.9 B This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.
Last ReportedProjected for Next Year
Net Loss-208 M-197.6 M
Net Loss-142.5 M-135.4 M
Net Loss-40.2 M-38.2 M
Net Loss(1.32)(1.25)
Net Income Per E B T 1.02  1.04 
The current year's Net Income Per E B T is expected to grow to 1.04, whereas Net Loss is projected to grow to (197.6 M).
  
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Analyzing Applied Digital's Net Income over time reveals critical patterns in financial health and operational efficiency. This metric helps investors evaluate trends, identify inflection points, and make informed decisions based on historical performance. Understanding how Net Income has evolved provides context for assessing Applied Digital's current valuation and future prospects.

Latest Applied Digital's Net Income Growth Pattern

Below is the plot of the Net Income of Applied Digital over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Applied Digital financial statement analysis. It represents the amount of money remaining after all of Applied Digital operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Applied Digital's Net Loss historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Applied Digital's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported (231.06 M)10 Years Trend
Slightly volatile
   Net Income   
       Timeline  

Applied Net Income Regression Statistics

Arithmetic Mean(50,466,997)
Coefficient Of Variation(169.65)
Mean Deviation68,704,716
Median(263,000)
Standard Deviation85,618,018
Sample Variance7330.4T
Range231M
R-Value(0.78)
Mean Square Error3026.5T
R-Squared0.61
Significance0.0002
Slope(13,274,054)
Total Sum of Squares117287.1T

Applied Net Income History

2026-197.6 M
2025-208 M
2024-231.1 M
2023-149.3 M
2022-45.6 M
2021-23.5 M
2020-568 K

Other Fundumenentals of Applied Digital

Applied Digital Net Income component correlations

Applied Net Income Driver Correlations

Understanding the fundamental principles of building solid financial models for Applied Digital is extremely important. It helps to project a fair market value of Applied Stock properly, considering its historical fundamentals such as Net Income. Since Applied Digital's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Applied Digital's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Applied Digital's interrelated accounts and indicators.
Will Application Software sector continue expanding? Could Applied diversify its offerings? Factors like these will boost the valuation of Applied Digital. If investors know Applied will grow in the future, the company's valuation will be higher. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Applied Digital data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Earnings Share
(0.39)
Revenue Per Share
1.078
Quarterly Revenue Growth
2.501
Return On Assets
(0.01)
Return On Equity
(0.08)
The market value of Applied Digital is measured differently than its book value, which is the value of Applied that is recorded on the company's balance sheet. Investors also form their own opinion of Applied Digital's value that differs from its market value or its book value, called intrinsic value, which is Applied Digital's true underlying value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Because Applied Digital's market value can be influenced by many factors that don't directly affect Applied Digital's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Understanding that Applied Digital's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Applied Digital represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. Meanwhile, Applied Digital's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.

Applied Digital 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Applied Digital's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Applied Digital.
0.00
11/19/2025
No Change 0.00  0.0 
In 2 months and 31 days
02/17/2026
0.00
If you would invest  0.00  in Applied Digital on November 19, 2025 and sell it all today you would earn a total of 0.00 from holding Applied Digital or generate 0.0% return on investment in Applied Digital over 90 days. Applied Digital is related to or competes with Aurora Innovation, EPAM Systems, Jack Henry, Amdocs, Amkor Technology, Appfolio, and ServiceTitan. Applied Blockchain, Inc. designs, develops, and operates datacenters in North America More

Applied Digital Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Applied Digital's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Applied Digital upside and downside potential and time the market with a certain degree of confidence.

Applied Digital Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Applied Digital's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Applied Digital's standard deviation. In reality, there are many statistical measures that can use Applied Digital historical prices to predict the future Applied Digital's volatility.
Hype
Prediction
LowEstimatedHigh
22.6530.4138.17
Details
Intrinsic
Valuation
LowRealHigh
28.3336.0943.85
Details
9 Analysts
Consensus
LowTargetHigh
41.2045.2750.25
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.1-0.1-0.1
Details

Applied Digital February 17, 2026 Technical Indicators

Applied Digital Backtested Returns

Applied Digital is not too volatile given 3 months investment horizon. Applied Digital secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the company had a 0.13 % return per unit of risk over the last 3 months. We were able to break down and interpolate twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.01% are justified by taking the suggested risk. Use Applied Digital Risk Adjusted Performance of 0.0575, downside deviation of 6.66, and Mean Deviation of 5.89 to evaluate company specific risk that cannot be diversified away. Applied Digital holds a performance score of 10 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 2.95, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Applied Digital will likely underperform. Use Applied Digital total risk alpha, downside variance, daily balance of power, as well as the relationship between the maximum drawdown and skewness , to analyze future returns on Applied Digital.

Auto-correlation

    
  0.31  

Below average predictability

Applied Digital has below average predictability. Overlapping area represents the amount of predictability between Applied Digital time series from 19th of November 2025 to 3rd of January 2026 and 3rd of January 2026 to 17th of February 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Applied Digital price movement. The serial correlation of 0.31 indicates that nearly 31.0% of current Applied Digital price fluctuation can be explain by its past prices.
Correlation Coefficient0.31
Spearman Rank Test-0.07
Residual Average0.0
Price Variance9.4
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition

Based on the recorded statements, Applied Digital reported net income of (231.06 Million). This is 118.09% lower than that of the Software sector and 122.68% lower than that of the Information Technology industry. The net income for all United States stocks is 140.47% higher than that of the company.

Applied Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Applied Digital's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Applied Digital could also be used in its relative valuation, which is a method of valuing Applied Digital by comparing valuation metrics of similar companies.
Applied Digital is currently under evaluation in net income category among its peers.

Applied Digital Current Valuation Drivers

We derive many important indicators used in calculating different scores of Applied Digital from analyzing Applied Digital's financial statements. These drivers represent accounts that assess Applied Digital's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Applied Digital's important valuation drivers and their relationship over time.
202120222023202420252026 (projected)
Market Cap275.9M786.6M482.5M1.4B1.2B1.3B
Enterprise Value250.6M849.4M614.9M2.0B1.8B1.9B

Applied Digital ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Applied Digital's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Applied Digital's managers, analysts, and investors.
Environmental
Governance
Social

Applied Digital Institutional Holders

Institutional Holdings refers to the ownership stake in Applied Digital that is held by large financial organizations, pension funds or endowments. Institutions may hold large blocks of Applied Digital's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Applied Digital's value.
Shares
Citadel Advisors Llc2025-06-30
3.4 M
Voloridge Investment Management, Llc2025-06-30
3.3 M
Mirae Asset Global Etfs Holdings Ltd.2025-06-30
2.7 M
Susquehanna International Group, Llp2025-06-30
2.5 M
Plustick Management Llc2025-06-30
2.2 M
Charles Schwab Investment Management Inc2025-06-30
1.9 M
Northern Trust Corp2025-06-30
1.7 M
B. Riley Asset Management, Llc2025-06-30
1.6 M
Renaissance Technologies Corp2025-06-30
1.6 M
Hood River Capital Management Llc2025-06-30
21.9 M
Blackrock Inc2025-06-30
14.7 M

Applied Fundamentals

About Applied Digital Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Applied Digital's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Applied Digital using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Applied Digital based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Applied Digital is a strong investment it is important to analyze Applied Digital's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Applied Digital's future performance. For an informed investment choice regarding Applied Stock, refer to the following important reports:
Check out
For information on how to trade Applied Stock refer to our How to Trade Applied Stock guide.
You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Will Application Software sector continue expanding? Could Applied diversify its offerings? Factors like these will boost the valuation of Applied Digital. If investors know Applied will grow in the future, the company's valuation will be higher. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Applied Digital data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Earnings Share
(0.39)
Revenue Per Share
1.078
Quarterly Revenue Growth
2.501
Return On Assets
(0.01)
Return On Equity
(0.08)
The market value of Applied Digital is measured differently than its book value, which is the value of Applied that is recorded on the company's balance sheet. Investors also form their own opinion of Applied Digital's value that differs from its market value or its book value, called intrinsic value, which is Applied Digital's true underlying value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Because Applied Digital's market value can be influenced by many factors that don't directly affect Applied Digital's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Understanding that Applied Digital's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Applied Digital represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. Meanwhile, Applied Digital's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.