Applied Digital (APLD) Q2 Earnings Exceed Expectations with 98.2% Revenue Growth
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jan 08 2026- Significant Revenue Growth: Applied Digital reported Q2 fiscal 2026 revenue of $126.59 million, reflecting a remarkable 98.2% year-over-year increase that significantly surpassed analyst expectations of $85.34 million, indicating strong demand for AI infrastructure.
- Improved Profitability: The company achieved adjusted earnings per share of $0.00, beating analyst forecasts of a $0.12 loss, marking a substantial improvement in profitability that enhances market confidence.
- Strategic Expansion: Applied Digital signed leases with two hyperscalers in North Dakota, expected to generate approximately $5 billion in lease revenue over 15 years, further solidifying its market position in the region.
- Strong Market Performance: Following the earnings announcement, APLD shares surged 6.73%, and the stock has climbed 20.55% year-to-date, reflecting strong investor confidence in the company's growth potential.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
