Applied Digital reports 407% revenue growth in Q4 FY2026, driven by AI data center demand as the former crypto miner locks in billions in

Applied Digital Corp (NASDAQ:APLD) reports fourth-quarter results for fiscal 2026 after the market close on Monday.

Applied Digital posted $258.7M in Q4 revenue, up 407% YoY, with a $36B contracted backlog driven by long-term hyperscaler AI infrastructure