secwatch.observer — SEC 8-K summary
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Issuer:     Applied Digital Corp. (APLD)
CIK:        0001144879
Form:       8-K
Filed at:   2025-07-30T23:59:59+00:00
Accession:  0001144879-25-000019
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1144879/000114487925000019/0001144879-25-000019-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1144879/000114487925000019/apld-20250730.htm
  HTML page:      https://secwatch.observer/filing/0001144879-25-000019

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer