{"schema_version":"secwatch.filing_event.v1","accession":"0001144879-26-000029","form_type":"8-K","ticker":"APLD","cik":"0001144879","company_name":"Applied Digital Corp.","filed_at":"2026-04-08T23:59:59+00:00","discovered_at":"2026-05-14T18:02:32.008128+00:00","generated_at":"2026-05-15T06:52:34.416959+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"Applied Digital Q3 revenue surges 139% to $126.6M; adjusted net income $33.2M","bullets":["Revenue $126.6M, up 139% YoY; net loss $100.9M (-$0.36) due to $59.7M write-down of Cloud Services.","Adjusted net income $33.2M ($0.09/diluted) vs loss of $2.6M prior year; Adjusted EBITDA $44.1M.","Subsequent: Completed $2.15B 6.750% Senior Secured Notes due 2031 to fund Polaris Forge 2 campus.","Broke ground on 430 MW Delta Forge 1 AI Factory; initial ops mid-2027; CoreWeave lease enhancements with $50M LC.","Data Center Hosting segment operating profit $13.9M on $119.6M assets."],"urls":{"canonical":"https://secwatch.observer/filing/0001144879-26-000029","json":"https://secwatch.observer/filing/0001144879-26-000029.json","markdown":"https://secwatch.observer/filing/0001144879-26-000029.md","text":"https://secwatch.observer/filing/0001144879-26-000029.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1144879/000114487926000029/0001144879-26-000029-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1144879/000114487926000029/apld-20260408.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T06:52:34.416959+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"ef4ff8bb7c19e1570ea33f49c79f4a6f592161ba","claim":"Applied Digital Corp. reported third fiscal quarter ended February 28, 2026 results: revenue Revenues: $126.6 million, net income Net loss attributable to common stockholders: $100.9 million, EPS Net loss attributable to common stockholders per basic and diluted share: $0.36.","evidence_excerpt":"Fiscal Third Quarter 2026 Financial Highlights • Revenues: $126.6 million, up 139% from the prior year comparable period • Net loss attributable to common stockholders: $100.9 million, down 179% from the prior year comparable period • Net loss attributable to common stockholders per basic and diluted share: $0.36, down 125% from the prior year comparable period","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1144879/000114487926000029/0001144879-26-000029-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third fiscal quarter ended February 28, 2026"},{"label":"Revenue","value":"Revenues: $126.6 million"},{"label":"Net income","value":"Net loss attributable to common stockholders: $100.9 million"},{"label":"EPS","value":"Net loss attributable to common stockholders per basic and diluted share: $0.36"},{"label":"Result","value":"reported results"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}