The data center company that has switched on 7% of what it already sold [QCAvj5AF0oF]
Applied Digital (APLD) FY2026 10-K: 1,410 MW under signed take-or-pay leases worth roughly $36.2 billion, with about 100 MW actually operating. The reported $236.5 million operating loss includes $220.1 million of stock compensation, both reportable segments were profitable, and $2,776.2 million of the $4,313.9 million asset base is construction in progress that has never been placed in service. Full breakdown, including the operating-loss bridge and why depreciation has barely started: Every number pulled from the filing itself via the RoboSystems SEC Shared Repository: Not investment advice. No price targets. #Shorts #APLD #AppliedDigital #AIDataCenter #CoreWeave #DataCenters #Earnings