Filing Flows › Applied Digital (APLD) › Q3 FY26 › vs Q2 FY26
Applied Digital (APLD) Q3 FY26 vs Q2 FY26 (quarter over quarter)
Applied Digital's revenue rose $48K (0%) from $127M in Q2 FY26 to $127M in Q3 FY26.
Applied Digital, Q3 FY26: revenue $127M (+139% year over year), operating margin -67.6%, net loss $70.6M, operating cash flow $55.0M. The chart draws each line against Q2 FY26, the increases inside each band.
Every line
| Line | Q3 FY26 | Q2 FY26 | Change | % |
|---|---|---|---|---|
| Revenue | $127M | $127M | $48K | 0% |
| Other income, net | $15.1M | $16.5M | −$1.4M | -9% |
| Income tax benefit | $2K | −$15K | $17K | — |
| Net loss | $70.6M | $14.4M | $56.1M | +388% |
| Costs & expenses | $212M | $158M | $54.7M | +35% |
| Operating costs | $212M | $158M | $54.8M | +35% |
| Cost of revenue | $72.8M | $101M | −$27.7M | -28% |
| SG&A | $79.7M | $57.0M | $22.7M | +40% |
| Operating cash sources | $126M | −$1.9M | $127M | — |
| Depreciation & amortization | $20.8M | $8.6M | $12.2M | +142% |
| Share-based compensation | $50.1M | $29.1M | $21.0M | +72% |
| Working capital & other | $54.6M | −$39.6M | $94.2M | — |
| Net loss absorbed | $70.6M | $14.4M | $56.1M | +388% |
| Operating cash flow | $55.0M | −$16.3M | $71.3M | — |
| Capital expenditures | $775M | $552M | $224M | +41% |
| Negative free cash flow (OCF − capex) | $720M | $568M | $152M | +27% |
Questions
How much did Applied Digital's revenue grow quarter over quarter in Q3 FY26?
Applied Digital's revenue rose $48K (0%) from $127M in Q2 FY26 to $127M in Q3 FY26.