Filing Flows › Applied Digital (APLD) › Q3 FY25
Applied Digital (APLD) Q3 FY25 earnings results (third quarter fiscal 2025)
10-Q filed Apr 14, 2025
Applied Digital (APLD) reported revenue of $52.9M for the third quarter fiscal 2025 (Q3 FY25), +22% from a year earlier and -17% from the quarter before. Operating margin was -35.8%, net loss $35.6M (67.2% of revenue).
Applied Digital, Q3 FY25: revenue $52.9M (+22% year over year), operating margin -35.8%, net loss $35.6M, operating cash flow $5.9M. The chart follows the revenue to costs, profit and cash.
| Q3 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $52.9M | -17% | +22% |
| Operating profit | −$18.9M | — | — |
| Net earnings | −$35.6M | — | — |
| Operating cash flow | $5.9M | — | -84% |
What changed
Revenue was $52.9M in Q3 FY25, up 22% year over year and down 17% from the previous quarter.
Operating costs exceeded revenue by $18.9M, an operating margin of -35.8%. Total costs fell 27% while revenue rose 22%. The quarter ended with a net loss of $35.6M, narrower than the previous quarter's $138.7M loss.
Operating cash flow was $5.9M (down 84% year over year). Non-cash charges added back $18.8M of depreciation and amortization and $9.7M of share-based compensation. Working capital and other items added $13.0M. Capital expenditures of $257.5M exceeded it, leaving free cash flow of −$251.6M.
Questions
What was Applied Digital's revenue in the third quarter fiscal 2025?
Applied Digital (APLD) reported revenue of $52.9M for the third quarter fiscal 2025 (Q3 FY25), +22% from a year earlier and -17% from the quarter before.
Was Applied Digital profitable in the third quarter fiscal 2025?
Operating loss was $18.9M (-35.8% of revenue) and net loss $35.6M.
Source: Applied Digital 10-Q on SEC EDGAR.