Fiscal Q1 2027 revenue $342M, HPC hosting $262.6M
Company: Applied Digital
The claim, verbatim
Applied Digital reported fiscal Q1 2027 (ended Aug 31, 2026) sales of $342 million, up 322.4% year over year, with $262.6 million from HPC hosting.
Source (primary)
How Much Downside Is Left In Applied Digital Stock? - Trefis (-, news_article)
View cached copy (2026-11-10)Live source ↗Archive.org ↗
Quote: “Applied Digital reported sales of $342 million in fiscal Q1 2027, the quarter that ended August 31, 2026, up 322.4% from a year earlier. Most of that total, $262.6 million, came from its HPC hosting business”
How we checked this
Checked on November 11, 2026. The cited source supports every part of this claim.
The article states the quarter, its end date, total sales, growth rate, and HPC hosting contribution as claimed.
Confirmed in the source:
- Applied Digital reported sales of $342 million in fiscal Q1 2027.
- Fiscal Q1 2027 ended August 31, 2026.
- Sales rose 322.4% from a year earlier.
- $262.6 million of the quarter's sales came from the HPC hosting business.
What we did: Read our cached copy of the publisher (https://www.trefis.com/stock/apld/articles/623945/how-much-downside-is-left-in-applied-digital-stock/2026-11-10) in full (11,810 characters, retrieved November 10, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms How Much Downside Is Left In Applied Digital Stock? - Trefis
Quote: “Applied Digital reported sales of $342 million in fiscal Q1 2027, the quarter that ended August 31, 2026, up 322.4% from a year earlier. Most of that total, $262.6 million, came from its HPC hosting business”