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GAAP revenue FY2024

Company: Applied Digital

Subject kind
product
Statement date
2026-09-22
Promised amount
165.575 M USD
Current status
stated

The claim, verbatim

Applied Digital reported GAAP revenue of $165.575 million for FY2024 (1 June 2023 to 31 May 2024)

Source (primary)

Hut 8 vs Applied Digital and Why 96 Percent of Hut 8's AI Revenue Is Internal - Phemex (-, news_article)
View cached copy (2026-09-23)Live source ↗

Quote: “FY2024 ran from 1 June 2023 to 31 May 2024 with GAAP revenue of $165.575 million as originally filed”

How we checked this

This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.

Additional evidence

confirms Hut 8 vs Applied Digital and Why 96 Percent of Hut 8's AI Revenue Is Internal - Phemex

Quote: “FY2024 ran from 1 June 2023 to 31 May 2024 with GAAP revenue of $165.575 million as originally filed”

View cached copy (2026-09-23)Live source ↗