Q1 revenue $341.9M, up >320%
Company: Applied Digital
The claim, verbatim
Applied Digital reported record Q1 revenue of $341.9 million, up more than 320% year over year, beating Wall Street estimates.
Source (primary)
Applied Digital Just Reported Earnings. Here's What That Means for APLD Stock Investors. - Yahoo Finance (-, news_article)
View cached copy (2026-10-09)Live source ↗
Quote: “revenue for the data center infrastructure giant surged more than 320% to a record $341.9 million”
How we checked this
Checked on October 14, 2026. The cited source supports part of this claim, but not all of it.
The article confirms record Q1 revenue of $341.9 million, growth of more than 320%, and that results beat Wall Street estimates. It does not say what period the 320% growth is measured against, so the 'year over year' framing is not established here.
Confirmed in the source:
- Applied Digital reported record first-quarter revenue of $341.9 million
- Applied Digital's Q1 revenue grew more than 320%
- Applied Digital's Q1 results beat Wall Street estimates
We could not confirm this from the cited source:
- The more-than-320% revenue growth was measured year over year (the article does not state the comparison period)
That does not mean it is false — only that this source does not establish it, as of the date above. If we find a source that settles it, we will re-check and update this page.
What we did: Read our cached copy of the publisher (https://finance.yahoo.com/markets/stocks/articles/applied-digital-just-reported-earnings-164030300.html) in full (10,458 characters, retrieved October 9, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Applied Digital Just Reported Earnings. Here's What That Means for APLD Stock Investors. - Yahoo Finance
Quote: “revenue for the data center infrastructure giant surged more than 320% to a record $341.9 million”