APLD Applied Digital Corp.

company

SEC Filings & Insider Trading Activity 2026

Management Discussion & Analysis

• • Contracted lease portfolio 1,410 MW, ~$36.2B revenue over initial 15-year leases
• • Data Center Hosting revenue 25%, HPC Hosting 59% from one major customer each in FY 2026
• • Operating data centers 100 MW generating revenue, 1.5 GW under construction or contracted
• • Capital raised: $196.4M in ATM offerings, $1.04B from Series G Preferred Stock issuance
• • Risks: supply chain delays, construction risks, regulatory scrutiny on AI and energy use

Risk Factors

• • Regulatory risk: potential material impact from U.S. tariffs on imports of construction materials, jeopardizing timely completion of HPC and AI projects
• • Geopolitical exposure: reliance on North Dakota operations with concentrated regulatory framework, market conditions, and natural disaster risks
• • Operational vulnerability: dependence on third-party suppliers for power, risking service failures, price hikes, and supply volatility affecting data centers
• • Competitive disruption: AI efficiency advancements could reduce demand for high-power liquid-cooled data center infrastructure, impacting business and results
• • Financial risk: significant indebtedness with restrictive covenants, refinancing risk, and potential dilution from $2B preferred stock and convertible notes issuance

Business Overview

• • Core business: design, develop, own, operate large-scale HPC data centers for AI, machine learning, and accelerated-compute under long-term leases
• • New emphasis: expanded Polaris Forge 2 and Delta Forge 1 & 2 HPC campuses with 710 MW combined capacity under long-term leases signed in 2025-2026
• • Strategic shift: accelerated transition from legacy blockchain hosting to AI-focused HPC data centers, targeting ~$36.2B total contracted revenue for 1,410 MW capacity
• • Quantitative highlight: workforce growth to ~256 employees as of May 31, 2026, supporting rapid multi-GW HPC capacity expansion pipeline
• • Noteworthy fact: separation and Nasdaq listing of cloud business ChronoScale in May 2026, with divestiture plan for exoskeleton Legacy Ekso business

What are the latest APLD SEC filings in 2026?

Applied Digital Corp. (APLD) has filed a 10-K annual report on July 29, 2026, a 10-Q quarterly report on April 8, 2026, an 8-K current report on July 27, 2026 with the SEC. SignalX tracks every new SEC EDGAR filing daily, including 10-K, 10-Q, 8-K, and Form 4 insider transactions, with AI-powered summaries of key sections.

When did APLD file its most recent 10-K annual report?

Applied Digital Corp. (APLD) filed its most recent 10-K annual report on July 29, 2026. The 10-K includes audited financial statements, business overview, risk factors, and management discussion, all available on SignalX with AI-generated summaries and XBRL financial data.

How do I view APLD 10-Q quarterly reports?

Applied Digital Corp. (APLD)'s most recent 10-Q quarterly report was filed on April 8, 2026. SignalX displays every APLD 10-Q with AI-generated summaries of the MD&A (Management Discussion & Analysis) and Risk Factors sections, plus links to the original SEC EDGAR document.

What 8-K current reports has APLD filed recently?

Applied Digital Corp. (APLD)'s most recent 8-K was filed on July 27, 2026. 8-K filings disclose material corporate events such as earnings releases, executive changes, mergers, and other significant developments. SignalX surfaces each 8-K with item-level summaries so you can quickly see what happened.

Where can I find APLD insider trading activity (Form 4)?

SignalX aggregates every APLD Form 4 insider transaction from SEC EDGAR. Form 4 reports show when officers, directors, and 10% shareholders buy or sell company stock, with transaction code, share count, and price per share.

How often does APLD file with the SEC?

Applied Digital Corp. (APLD) files a 10-K annual report once per year (typically within 60 days of fiscal year-end) and 10-Q quarterly reports three times per year. 8-K current reports are filed as needed when material events occur, and Form 4 insider transaction reports are due within two business days of a trade. SignalX monitors SEC EDGAR daily to surface every new APLD filing with AI-powered analysis.

What is the difference between 10-K, 10-Q, and 8-K SEC filings?

A 10-K is a comprehensive annual report with audited financials, business overview, and risk factors. A 10-Q is a shorter quarterly report with unaudited financials and management discussion. An 8-K is a current report filed when a material event occurs, such as earnings releases, executive changes, acquisitions, or other significant developments. SignalX provides AI-generated summaries for all three filing types for Applied Digital Corp. (APLD).

What is APLD's SEC CIK number?

Applied Digital Corp. (APLD)'s SEC CIK (Central Index Key) number is 1144879. The CIK is a unique identifier assigned by the SEC to every filing entity. You can use CIK 1144879 to look up all APLD filings on SEC EDGAR, or browse them here on SignalX with AI-powered analysis.

Where can I find APLD return on equity (ROE) and financial data?

SignalX extracts XBRL financial data from Applied Digital Corp. (APLD) 10-K annual filings, including revenue, net income, gross profit, operating income, EPS, total assets, stockholders' equity, and operating cash flow. Return on equity (ROE) can be derived from net income divided by stockholders' equity. Multi-year financial trends are displayed in the Financial Summary table above.