Polaris Forge HPC hosting ramp drives Q1 FY2027 revenue
Company: Applied Digital
The claim, verbatim
Q1 fiscal 2027 revenue was $342M, up 432% year over year, as HPC hosting at the Polaris Forge campuses ramped.
Source (primary)
Applied Digital (APLD) Falls to $20.33, Its Lowest Price in a Year - 24/7 Wall St. (-, news_article)
View cached copy (2026-10-16)Live source ↗Archive.org ↗
Quote: “Revenue climbed 432% year over year as HPC hosting at the Polaris Forge campuses ramped, far exceeding expectations.”
How we checked this
Checked on October 17, 2026. The cited source supports every part of this claim.
The source's Q1 2027 earnings card lists revenue of $342M and says it climbed 432% year over year as HPC hosting at the Polaris Forge campuses ramped.
Confirmed in the source:
- Applied Digital's Q1 2027 revenue was $342M
- Revenue rose 432% year over year
- The revenue growth came as HPC hosting at the Polaris Forge campuses ramped
What we did: Read our cached copy of the publisher (https://247wallst.com/cards/applied-digital-just-broke-its-march-floor-with-a-fresh-52-w-apld-price-extreme-01m4ycz0q6t26erptk03tdq8xd) in full (5,815 characters, retrieved October 16, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Applied Digital (APLD) Falls to $20.33, Its Lowest Price in a Year - 24/7 Wall St.
Quote: “Revenue climbed 432% year over year as HPC hosting at the Polaris Forge campuses ramped, far exceeding expectations.”