Applied Digital earnings preview: loss expected as market discounts beat streak

Applied Digital (APLD) is set to release its earnings for the fiscal Q1 (quarter ended Aug 31, 2026) on Oct 7, 2026, after the market close. Analysts are predicting the company will report a loss of $0.27 per share on revenue of $111.2 million, marking a decline from the surprise profit of $0.04 and $258.7 million reported in the previous quarter. The drop in sequential revenue is anticipated to be known, so it is not likely to surprise market participants.

As of Oct 7, 2026, Applied Digital's share price is $24.05, down 5.11% from the previous trading session. The company's market capitalization is approximately $7.39 billion, with a 52-week price range of $19.01 to $50.73. The stock has experienced a decline of 21.64% over the past three months (as of Oct 7, 2026), and the Relative Strength Index (RSI) stands at 45.9.

Notably, Applied Digital has consistently beaten earnings per share (EPS) and revenue estimates in each of the last four quarters. This streak of successes has led to the market discounting the beats, making the bar for future performance even higher than the current estimates. It is essential to note that data points are snapshots, and the screener-style fields and price may not reflect live quotes. Additionally, historical data is limited to the past ten years on the Pro+ plan.