Applied Digital Corporation reported fiscal fourth quarter 2026 results for the period ended May 31, 2026, featuring revenues of $258.7 million, a 407% increase year-over-year, and a net loss attributable to common stockholders of $110.6 million. For the full fiscal year 2026, total revenues reached $611.3 million, up 167% from the prior year. Key strategic developments included the separation of its Cloud Services Business into ChronoScale Holdings Corporation, signing three 15-year take-or-pay leases with a major hyperscaler totaling approximately $20 billion in base-term contracted revenue, and completing a $2.15 billion private offering of senior secured notes. The company also closed a $550 million revolving credit facility. Applied Digital is a designer, developer, and operator of large-scale data centers for high-performance computing workloads.
