Applied Digital Reports Fiscal First Quarter 2027 Results
Applied Digital reported fiscal first-quarter 2027 revenue of $341.9 million for the quarter ended August 31, 2026, up 322% year on year, and a net loss attributable to common stockholders of $221.0 million. The data centre developer delivered a 75 MW phase at its Polaris Forge 1 campus, taking live capacity there to 175 MW. It also closed $1.59 billion of senior secured notes to fund a third, 150 MW building.