Applied Digital Q2 revenue $126.6M (+250% YoY); secures 600MW hyperscaler leases worth ~$16B

Applied Digital Corp.

2026-Q2 EPS reported -$0.14 revenue$190,805,000

Net loss $31.2M ($0.11/sh), down 76% YoY; adjusted net income $0.1M, EBITDA $20.2M.
Leased 400MW to CoreWeave at Polaris Forge 1 (~$11B revenue) and 200MW to a U.S. hyperscaler at Polaris Forge 2 (~$5B).
Completed $2.35B senior secured notes at 9.25% due 2030; drew $900M from Macquarie preferred equity facility.
HPC hosting revenue $85.0M (incl. $73M tenant fit-out); data center hosting $41.6M (+15% YoY).
Plans to spin out Applied Digital Cloud and merge with EKSO Bionics to form ChronoScale, retaining >80% ownership.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.