jain.com

Q3 2026 net loss of $111.6 million

Company: Applied Digital

Subject kind
financing
Statement date
2026-09-15
Promised amount
111.6 million USD
Current status
stated

The claim, verbatim

Net loss for the quarter was $111.6 million

Source (primary)

Applied Digital (NASDAQ: APLD) Stock Drops 47% From Peak Despite Record Revenue Growth - foreignpolicyjournal.com (-, news_article)
View cached copy (2026-09-18)Live source ↗

Quote: “the quarter still produced a net loss of $111.6 million”

How we checked this

Checked on September 24, 2026. The cited source supports every part of this claim.

The article states that, on a reported basis, the quarter produced a net loss of $111.6 million.

Confirmed in the source:

What we did: Read our cached copy of the publisher (https://www.foreignpolicyjournal.com/2026/09/15/applied-digital-nasdaq-apld-stock-drops-47-from-peak-despite-record-revenue-growth/) in full (3,852 characters, retrieved September 18, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Applied Digital (NASDAQ: APLD) Stock Drops 47% From Peak Despite Record Revenue Growth - foreignpolicyjournal.com

Quote: “the quarter still produced a net loss of $111.6 million”

View cached copy (2026-09-18)Live source ↗