Applied Digital (APLD)
Designs, builds and operates high-density data center campuses leased to AI and cloud tenants such as CoreWeave.
- Ticker: APLD
- Sector: dc operator
- Website: https://www.applieddigital.com
Applied Digital (APLD) is a tracked supply-chain name in the data-center buildout in the dc operator sector. Data Center Index tracks Applied Digital's capex history, project wins, and supplier exposure across the AI infrastructure buildout, refreshed daily from SEC filings and project announcements.
Applied Digital revenue and capex
In fiscal 2026, Applied Digital reported revenue of $611.3M, capital spending of $2.9B and an operating loss of $236.5M.
| Fiscal year | Revenue | Capex | Operating income |
|---|---|---|---|
| 2026 | $611.3M | $2.9B | -$236.5M |
| 2025 | $228.6M | $681.6M | -$72.2M |
| 2024 | $165.6M | $141.8M | -$98.3M |
Tracked Applied Digital data center projects
- Applied Digital Deuel County Campus (Toronto), 430 MW, Toronto, SD · cancelled
- Applied Digital Polaris Forge 1 (Ellendale), 400 MW, Ellendale, ND · operational
- Applied Digital Delta Forge 1, 300 MW, Rapides Parish, LA · under construction
- Applied Digital Polaris Forge 2 (Harwood), 300 MW, Harwood, ND · under construction
- Applied Digital Polaris Forge 3, 300 MW, Oliver County, ND · under construction
- Applied Digital Brookwood, 210 MW, Brookwood, AL · permitted
- Applied Digital Adair Data Center, 200 MW, Adair, IA · announced
- Applied Digital Garden City, 200 MW, Garden City, TX · operational
- Applied Digital Ellendale Hosting Facility, 180 MW, Ellendale, ND · operational
- Applied Digital Jamestown Hosting Facility, 106 MW, Jamestown, ND · operational
Capacity totals and status for every Applied Digital campus are on the Applied Digital operator page.
Recent Applied Digital news
- Applied Digital to develop 1GW data center campus in Finland, DCD, 2026-10-06
- Applied Digital adds 75MW of capacity at Ellendale data center campus in North Dakota, DCD, 2026-10-05
- Applied Digital reveals $3.2bn Delta Forge 2 AI data center will be built in Alabama, DCD, 2026-09-25
- Applied Digital secures 300MW lease with hyperscaler at Louisiana data center campus, DCD, 2026-04-23