Applied Digital Corporation is classed by the SEC under Services-Computer Processing & Data Preparation (industry code 7374), based in Dallas, TX. In its latest annual figures on file, for the fiscal year ended 2026-05-31, it reported revenue of $611 million and a loss of $250 million (its filed statements).
Usage businessServices-Computer Processing & Data PreparationDallas, TXfilings since 20016 of 9 filed, 3 estimated
Three tenses, nine metrics. Unseen metrics stay unseen; the grade never fakes a number. Proxy era: provisional values, marked. Weighed as a usage business: prior from its industry code (SEC 7374, Services-Computer Processing & Data Preparation); the filing read can change it. All three tenses have at least two readings, so the archetype blend applies as printed.
The grade, in three tenses
Headline 4.4 out of ten, 6 of 9 metrics filed and 3 estimated: past 4.2 out of ten, present 3.3 out of ten, future 6.0 out of ten. The past asks what it actually did, the present what it is doing right now, the future what it is set up to do next.
The nine metrics
Surviving crises (past): 2.9 out of ten. 2 warning events since 2017; the latest 2025-06-20. 29th percentile among 77 sector filers. A production reading, recomputed from the filings on every data build (read from EDGAR 2026-10-12).
Track record (past): 6.6 out of ten. +92.2% a year over 3 filed years; profitable in 0 of 3. 66th percentile among 64 sector filers. A production reading, recomputed from the filings on every data build (read from EDGAR 2026-10-12).
Shareholder treatment (past): 1.1 out of ten. CrossAssetData estimate 1.1/10, confidence 35 of 100 (one part). 11th percentile among 69 sector filers. A CrossAssetData estimate, not a filed reading: one part, confidence 35 of 100; a filing that carries the missing parts replaces this estimate with the filed reading.
Financial health (present): 1.9 out of ten. ROE -11%: lost 11¢ per shareholder dollar. Leverage 83%: owes 83¢ per asset dollar. 19th percentile among 69 sector filers. A production reading, recomputed from the filings on every data build (read from EDGAR 2026-10-12).
Industry position (present): 5.8 out of ten. top 42% of 68 in its family; net margin -30.2%. 58th percentile among 68 sector filers. A production reading, recomputed from the filings on every data build (read from EDGAR 2026-10-12).
Leadership (present): 0.3 out of ten. CrossAssetData estimate 0.3/10, confidence 35 of 100 (one part). 3rd percentile among 54 sector filers. A CrossAssetData estimate, not a filed reading: one part, confidence 35 of 100; a filing that carries the missing parts replaces this estimate with the filed reading.
Room to expand (future): 2.5 out of ten. bottom 25% of 68 in its family for room to expand. 25th percentile among 68 sector filers. A production reading, recomputed from the filings on every data build (read from EDGAR 2026-10-12).
Growth drivers (future): 8.4 out of ten. top 16% of 64 in its family for growth drivers. 84th percentile among 64 sector filers. A production reading, recomputed from the filings on every data build (read from EDGAR 2026-10-12).
Expectations vs reality (future): 5.1 out of ten. CrossAssetData estimate 5.1/10, confidence 20 of 100 (family median). 50th percentile among 55 sector filers. A CrossAssetData estimate, not a filed reading: family median, confidence 20 of 100; its next annual report on file with the inputs replaces this estimate with the filed reading.
The filing record
Newest annual report: Form 10-K filed 2026-07-29 for the period ended 2026-05-31 (on EDGAR). Newest quarterly report: Form 10-Q filed 2026-10-07 for the period ended 2026-08-31 (on EDGAR). Newest results release: Form 8-K filed 2026-10-07 (on EDGAR). Newest filing: Form 10-Q, 2026-10-07. Filings on record since 2001. Read from EDGAR 2026-10-12.
Who runs it
Cummins, Wes (CEO; Chairman); Zhang, Jason Gechen (President); Mohmand, Mohammad Saidal Lavanway (Chief Financial Officer); Laltrello, Laura (Chief Operating Officer); Nottenburg, Richard N (director); Miller, Douglas S (director); Hastings, Chuck (director); Benson, Ella G. (director); Lee, Rachel H. (director). 9 officers and directors have filed their own trades in the last fifteen months, names and titles as filed with the SEC, through 2026-10-05.
Every stock is a company. We grade the company behind the stock. CrossAssetData is a company research product: no investment advice, no price targets, no price predictions; every claim carries its source, and unseen means unseen. The full file draws when the page's script runs: the essentials, the balance sheet, the estimators, the trend, and every filing of the last ten years.