earnings
confidence high
sentiment positive
materiality 0.85
Applied Digital reports Q2 revenue up 51% YoY to $63.9M; enters $5B preferred equity facility with Macquarie
Applied Digital Corp.
2025-Q2 EPS
reported -$0.80
vs consensus -$0.15
▼ miss
(-431.6%)
- Revenue $63.9M (+51% YoY); net loss $138.7M includes $87.2M loss on change in fair value of debt.
- Adjusted EBITDA $21.4M (+93% YoY); adjusted net loss per diluted share $0.06.
- Entered $5B perpetual preferred equity financing with Macquarie Asset Management for HPC business.
- Macquarie to invest up to $900M in Ellendale HPC campus; Applied Digital retains 85% ownership.
- Completed $450M 2.75% convertible notes offering; $84M used for share repurchases.