Applied Digital (APLD) Q3 2026 Earnings Transcript

Motley Fool Transcribing, The Motley Fool

Thu, April 9, 2026 astatine 12:45 PM CDT 38 min read

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Wednesday, April 8, 2026 astatine 5 p.m. ET

• Chairman and Chief Executive Officer — Wes Cummins

• Chief Financial Officer — Saidal Mohmand

• Managing Director, Gateway Group (Moderator) — Matt Glover

Operator: Ladies and gentlemen, bully afternoon, and invited to Applied Digital Corporation’s fiscal 3rd 4th 2026 league call. My sanction is Abby, and I volition beryllium your relation today. Before this call, Applied Digital Corporation issued its fiscal results for the fiscal 3rd 4th ended 02/28/2026 successful a property release, a transcript of which has been furnished successful a study connected Form 8-K filed with the Securities and Exchange Commission, oregon SEC, and volition beryllium disposable successful the Investor Relations conception of the company’s website. Joining america connected today’s telephone are Applied Digital Corporation Chairman and CEO, Wes Cummins, and CFO, Saidal Mohmand. Following their remarks, we volition unfastened the telephone for questions.

Before we begin, Matt Glover from Gateway Group volition marque a little introductory statement. Mr. Glover, you whitethorn begin.

Matt Glover: Thank you, Abby. Hello, everyone, and invited to Applied Digital Corporation’s fiscal 3rd 4th 2026 league call. Before absorption begins ceremonial remarks, we would similar to punctual everyone that immoderate statements we are making contiguous whitethorn beryllium considered forward-looking statements nether securities laws and impact a fig of risks and uncertainties. As a result, we caution you that determination are a fig of factors, galore of which are beyond our control, which could origin existent results and events to disagree materially from those described successful forward-looking statements. For much elaborate risks, uncertainties, and assumptions relating to our forward-looking statements, delight spot the disclosures successful our net merchandise and nationalist filings made with the SEC.

We disclaim immoderate work oregon undertaking to update forward-looking statements to bespeak circumstances oregon events that hap aft the day the forward-looking statements are made, but arsenic required by law. We besides sermon non-GAAP fiscal metrics and promote you to work our disclosures and the reconciliation tables to the applicable GAAP measures successful our net merchandise cautiously arsenic you see these metrics. We notation you to our filings with the SEC for elaborate disclosures and descriptions of our concern arsenic good arsenic uncertainties and different adaptable circumstances, including, but not constricted to, risks and uncertainties identified nether the caption “Risk Factors” successful our yearly study connected Form 10-K and our quarterly reports connected Form 10-Q.