Source: Yahoo Finance adjusted daily closes. Volume ratios are not capital inflows.
APLD / FISCAL Q1 2027
Revenue quality matters as much as growth
US$341.875m
Consolidated revenue for the quarter ended August 31, 2026: US$262.755m of customer-contract revenue plus US$79.120m of data-center rental and other revenue. The narrower measure is not total revenue.
Reports from the past two weeks, linked by company mention—not an explanation of price moves.
No recent reports are available for this basket.
APLD / CRWVOperating milestone
Applied Digital: 75 MW delivered; recurring rent is the next test
Polaris Forge 1 has added operational capacity. Base rent, fit-out services and tenant recoveries need to be assessed separately.
Delivery is a tangible milestone. The next financial test is base rent after funding costs, rather than growth in fit-out revenue.
Analysis, risks and what to watch
Will the new capacity translate into recurring rent and cash returns?
October delivery occurred after the August quarter-end and cannot explain that quarter's revenue. A consolidated loss is not a measure of a single campus's profitability.
Rent commencement and base rental revenue in the next quarter
Campus cash flow, capital expenditure and interest expense
What would change the view
Delayed rent commencement, a material tenant reduction or sustained deterioration in cash returns.
Research date: 2026-10-09. Coverage includes 103 listed companies and 29 news sources; seven news feeds were unavailable at initial publication. Company analyses link to the original announcements.
Market data uses completed trading-day closes, not live quotes. Company analysis reflects the dated announcements and reports cited, and does not change automatically with prices. Price underperformance or limited coverage alone does not establish undervaluation.
Base 1,000; weights reset equally at the close before each month's first session. No trading costs. History uses today's constituent list and is subject to selection and survivorship bias. Adjusted prices account for splits and dividends.