Applied Digital Corp.

Services-Computer Processing & Data Preparation·DALLAS, TX·FY end 05/31·CIK 1144879

CEO Pay Ratio

—

Wes Cummins

CEO Total Comp

$27.7M

Wes Cummins

Median Employee

—

Revenue

$144.2M

FY 2025

Net Income

—

FY 2025

Free Cash Flow

—

FY 2025

Net Margin

—

Insider Net (180d)

-$21.2M

0 buys / 20 sales

CEO Pay Accountability

CEO comp as % of net income

—

Not enough data to compute.

CEO comp as % of buybacks

88.41%

CEO comp equals 884.1‰ of cash returned to shareholders via buybacks.

4-year history · USD

Metric	FY 2025	FY 2024	FY 2023	FY 2022	Trend
Revenue	$144.2M	$165.6M	$55.4M	$8.5M
Gross Profit	—	—	$11.0M	-$957.0K
Operating Income	-$16.8M	-$99.0M	-$44.1M	-$20.9M
Net Income	—	-$149.3M	-$44.6M	-$23.5M
Operating CF	-$115.4M	$13.8M	$58.7M	-$872.0K
Capex	—	—	—	$58.3M	—
Free Cash Flow	—	—	—	-$59.1M	—
Buybacks	$31.3M	—	—	—	—
Dividends	—	—	—	—	—

Gross Margin	—	—	19.9%	-11.2%
Operating Margin	-11.7%	-59.8%	-79.5%	-244.4%
Net Margin	—	-90.2%	-80.6%	-275.1%
FCF Margin	—	—	—	-691.6%	—
R&D / Revenue	—	—	—	—	—
Effective Tax	-0.1%	-0.1%	1.1%	-2.5%
Debt / Equity	—	—	—	0.10	—
Buybacks / FCF	—	—	—	—	—

FY 2025

Executive	Salary	Stock	Options	Bonus / Inc.	Other	Total
Wes CumminsChief Executive Officer, Chairman and President	$706.3K	$25.5M	—	$1.5M	$39.8K	$27.7M
Laura LaltrelloChief Operating Officer	$222.9K	$9.5M	—	$176.0K	$13.5K	$9.9M
Saidal MohmandChief Financial Officer	$369.8K	$8.9M	—	$445.3K	$39.8K	$9.8M