---
schema_version: "secwatch.filing_event.v1"
accession: "0001144879-25-000019"
form_type: "8-K"
ticker: "APLD"
cik: "0001144879"
company_name: "Applied Digital Corp."
filed_at: "2025-07-30T23:59:59+00:00"
generated_at: "2026-05-17T22:50:53.289850+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Applied Digital Q4 rev up 41%, signs $7B CoreWeave leases; post-Q adds $4B

## Summary
- Q4 revenue $38M (+41% YoY); net loss $26.6M ($0.12/sh) vs $35.3M loss prior year.
- Signed 250MW AI data center leases with CoreWeave (~$7B over 15 years); post-Q option for 150MW ($4B more).
- Adjusted EBITDA $1.0M (vs -$0.2M); adjusted net loss $7.6M ($0.03/sh).
- Full year revenue $144.2M (+6%); net loss $161.0M ($0.80/sh) vs $74.0M prior year.
- Post-quarter raised $268.9M via stock and preferred sales; cash $120.9M, debt $688.2M.

## SEC filing metadata
- accession: 0001144879-25-000019
- form_type: 8-K
- ticker: APLD
- cik: 0001144879
- company_name: Applied Digital Corp.
- filed_at: 2025-07-30T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1144879/000114487925000019/0001144879-25-000019-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1144879/000114487925000019/apld-20250730.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001144879-25-000019
- JSON: https://secwatch.observer/filing/0001144879-25-000019.json
- Plain text: https://secwatch.observer/filing/0001144879-25-000019.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.