Applied Digital Reports $341.9 Million Q1 Revenue and Wider Net Loss
Applied Digital reported $341.9 million in GAAP revenue for Q1 FY2027, but a large GAAP net loss of $221 million dragged on performance.
Earnings
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Applied Digital Revenue Surges 322% to $341.9 Million Amid High GAAP Net Loss
Applied Digital reported a 322% revenue increase to $341.9 million for Q1 2027, driven by AI data center growth despite a GAAP net loss of $221 million.
Applied Digital Reports Q1 Adjusted Revenue of $300.4 Million and $221 Million Net Loss
Applied Digital posted adjusted revenue of $300.4 million and a net loss of $221 million as it expands its high-performance computing capacity.