Company / Revenue
Applied Digital Corp. Revenue History
FY2020-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Revenue
$144.2M
FY2024
5-year range
$8.5M / $144.2M
FY2020-FY2024
Trend
+5.5%
vs FY2023
Sector context
#276 of 295
Information Technology
What the data says
Among 295 Information Technology companies, Applied Digital Corp. is in the bottom 6% for revenue. Revenue has increased for 4 consecutive years, from $0 in FY2020 to $144M in FY2024.
Based on SEC 10-K filings.
$144M in FY2024 with a 3-year CAGR of +156.5%.
Improved from $55M to $144M over the past 2 years.
Information Technology sector context is included.
Revenue over time
Growth rates
- 3-Year CAGR
- +156.5%
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Sector benchmark
Bottom 6% in Information TechnologyTop 94% of 295This company $144.2M Sector average $7.7B
▼
-98.1% below sector average
Key checks
Key Insights
- Applied Digital Corp.'s revenue has grown for 3 consecutive years.
- 3-year CAGR of +156.5%, indicating consistent growth.
- In FY2024, revenue increased 5.5% year-over-year.
- Ranks #276 out of 295 companies in the Information Technology sector.
Company context
Key Data Points
- Low Piotroski F-Score: 1/9 (multiple financial health concerns)
- Altman Z-Score -0.11 (distress zone, below 1.8 threshold)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | RevenueValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | $144.2M | +5.5% |
| FY2023 | $136.6M | +146.6% |
| FY2022 | $55.4M | +547.9% |
| FY2021 | $8.5M | - |
| FY2020 | $0 | - |
As of FY2024 · SEC 10-K · Updated Mar 24, 2026