APPLIED DIGITAL CORPORATION (APLD) FY2027 Q1 Statement of Cash Flows

Income StatementCash FlowBalance Sheet

Statement of Cash Flows

2026-06-01 to 2026-08-31

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APPLIED DIGITAL CORPORATION cash flow reconciliation, Jun 1, 2026 through Aug 31, 2026One connected Sankey reconciles operating, investing and financing net cash flows through a shared cash pool, from beginning cash to ending cash. Ribbons flow left to right on one dollar scale. Activity totals are dark gray; beginning and ending cash are blue. Cash basis for beginning and ending balances and net cash change: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations. Intermediate calculation bars are lighter gray. Net income is green for profit and red for loss. Identified asset purchases, sales and maturities are blue in either cash direction. Orange marks positive customer-advance and deferred-revenue changes that add to operating cash in the reconciliation. These are net changes, not gross customer receipts. Negative changes are neutral reconciliation adjustments; they do not by themselves identify cash payments. Purple identifies capital transactions such as borrowing, repayments, share issuance and dividends. Free cash flow is a separate comparison, not an added cash flow. Read chart description and values below for full signed amounts, including zero items.Accrued liabilities → operating reconciliation: $106,701,000.00Stock-based compensation → operating reconciliation: $66,499,000.00Loss on change in fair value of derivatives → operating reconciliation: $49,511,000.00Depreciation and amortization → operating reconciliation: $41,912,000.00Deferred revenue → operating reconciliation: $34,480,000.00Other assets → operating reconciliation: $14,516,000.00Loss on classification of held for sale → operating reconciliation: $14,126,000.00Loss on change in fair value of investment → operating reconciliation: $11,352,000.00Lease expense → operating reconciliation: $6,517,000.00Amortization of debt issuance costs → operating reconciliation: $5,896,000.00Lease assets and liabilities → operating reconciliation: $5,856,000.00Other current liabilities → operating reconciliation: $1,886,000.00Due to customer → operating reconciliation: $1,383,000.00Customer deposits → operating reconciliation: $107,000.00operating reconciliation → Net cash from operating activities: $63,921,000.00operating reconciliation → Net loss: $184,055,000.00operating reconciliation → Accounts receivable: $56,977,000.00operating reconciliation → Prepaid expenses and other current assets: $47,786,000.00operating reconciliation → Accounts payable: $7,981,000.00operating reconciliation → Gain on change in fair value of warrants: $22,000.00Borrowings of long-term debt → financing reconciliation: $1,648,500,000.00Proceeds from issuance of preferred stock → financing reconciliation: $274,999,000.00Draw on revolver → financing reconciliation: $82,390,000.00Issuance of equity by subsidiary, net of costs → financing reconciliation: $3,398,000.00Noncontrolling interest issuance contributions → financing reconciliation: $1,349,000.00financing reconciliation → Net cash from financing activities: $1,543,472,000.00financing reconciliation → Repayments of long-term debt: $315,932,000.00financing reconciliation → Tax payments for restricted stock upon vesting: $99,413,000.00financing reconciliation → Payment of deferred financing costs: $28,879,000.00financing reconciliation → Repayment of finance leases: $14,252,000.00financing reconciliation → Redemption of preferred stock: $6,996,000.00financing reconciliation → Dividends issued on preferred stock: $1,543,000.00financing reconciliation → Preferred stock issuance costs: $149,000.00Net cash used in investing activities → investing reconciliation: $2,082,879,000.00investing reconciliation → Purchases of property and equipment and other assets: $2,074,698,000.00investing reconciliation → Investment in companies: $8,181,000.00Beginning cash: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations → Cash sources and uses: $4,153,431,000.00Net cash from operating activities → Cash sources and uses: $63,921,000.00Net cash from financing activities → Cash sources and uses: $1,543,472,000.00Cash sources and uses → Ending cash: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations: $3,677,945,000.00Cash sources and uses → Net cash used in investing activities: $2,082,879,000.00Net loss: -$184,055,000.00Net loss−$184.06 MDepreciation and amortization: $41,912,000.00Depreciation and amortization+$41.91 MStock-based compensation: $66,499,000.00Stock-based compensation+$66.50 MLease expense: $6,517,000.00Non-cash lease expense+$6.52 MLoss on change in fair value of derivatives: $49,511,000.00Derivative gain & loss, pretax+$49.51 MLoss on change in fair value of investment: $11,352,000.00Investment gain & loss+$11.35 MLoss on classification of held for sale: $14,126,000.00Disposal gain & loss+$14.13 MLoss on abandonment of assets: $0.00Accounts receivable: -$56,977,000.00Accounts receivable−$56.98 MPrepaid expenses and other current assets: -$47,786,000.00Prepaid & other assets−$47.79 MCustomer deposits: $107,000.00Customer deposits+$107.00 KDeferred revenue: $34,480,000.00Deferred revenue+$34.48 MAccounts payable: -$7,981,000.00Accounts payable−$7.98 MAccrued liabilities: $106,701,000.00Accrued liabilities+$106.70 MDue to customer: $1,383,000.00Due to customer+$1.38 MLease assets and liabilities: $5,856,000.00Lease assets and liabilities+$5.86 MOther assets: $14,516,000.00Other operating assets+$14.52 MAmortization of debt issuance costs: $5,896,000.00Debt issuance cost amortization+$5.90 MGain on change in fair value of warrants: -$22,000.00Warrant fair value−$22.00 KOther current liabilities: $1,886,000.00Other current liabilities+$1.89 MNet cash from operating activities: $63,921,000.00Operating cash+$63.92 Moperating reconciliation: $360,742,000.00Repayment of finance leases: -$14,252,000.00Finance lease payments−$14.25 MBorrowings of long-term debt: $1,648,500,000.00Debt issuance, net of costs+$1.65 BDraw on revolver: $82,390,000.00Credit line borrowings+$82.39 MRepayments of long-term debt: -$315,932,000.00Term loan & notes repaid−$315.93 MPayment of deferred financing costs: -$28,879,000.00Financing costs paid−$28.88 MTax payments for restricted stock upon vesting: -$99,413,000.00Stock-award tax withholding−$99.41 MNoncontrolling interest issuance contributions: $1,349,000.00From noncontrolling interests+$1.35 MProceeds from issuance of common stock: $0.00Common stock issuance costs: $0.00Proceeds from issuance of preferred stock: $274,999,000.00Preferred stock issued+$275.00 MPreferred stock issuance costs: -$149,000.00Preferred stock issuance costs−$149.00 KRedemption of preferred stock: -$6,996,000.00Preferred stock redeemed−$7.00 MDividends issued on preferred stock: -$1,543,000.00Preferred dividends paid−$1.54 MExercise of warrants: $0.00Issuance of equity by subsidiary, net of costs: $3,398,000.00Equity issued, net of costs+$3.40 MNet cash from financing activities: $1,543,472,000.00Financing cash+$1.54 Bfinancing reconciliation: $2,010,636,000.00Purchases of property and equipment and other assets: -$2,074,698,000.00Capital expenditures−$2.07 BInvestment in companies: -$8,181,000.00Investment purchases−$8.18 MNet cash used in investing activities: -$2,082,879,000.00. Cash required to fund net payments.Investing cash−$2.08 Binvesting reconciliation: $2,082,879,000.00Cash sources and uses: $5,760,824,000.00Beginning cash: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations: $4,153,431,000.00Beginning cash$4.15 BEnding cash: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations: $3,677,945,000.00Ending cash$3.68 BCASH RECONCILIATIONOperatingflowsFinancingflowsInvestingflowsNet loss −$184.06M + net operating adjustments $247.98M = operating cash +$63.92MFree cash flow−$2.01 BOperating cash − cash spent on productive assetsCash flow / Net incomeNot meaningfulOperating cash flow ÷ net incomeNet cash change−$475.49 MEnding cash − beginning cash
Chart details

APPLIED DIGITAL CORPORATION cash flow reconciliation, Jun 1, 2026 through Aug 31, 2026

Cash flows for Jun 1, 2026 through Aug 31, 2026. Cash basis: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations. Beginning cash: May 31, 2026. Ending cash: Aug 31, 2026. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

Beginning cash on May 31, 2026
4,153,431,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations
Operating activities
63,921,000 US dollars. Net cash provided.
Net loss
negative 184,055,000 US dollars
Depreciation and amortization
41,912,000 US dollars
Stock-based compensation
66,499,000 US dollars
Lease expense
6,517,000 US dollars
Loss on change in fair value of derivatives
49,511,000 US dollars
Loss on change in fair value of investment
11,352,000 US dollars
Loss on classification of held for sale
14,126,000 US dollars
Loss on abandonment of assets
0 US dollars
Accounts receivable
negative 56,977,000 US dollars
Prepaid expenses and other current assets
negative 47,786,000 US dollars
Customer deposits
107,000 US dollars
Deferred revenue
34,480,000 US dollars
Accounts payable
negative 7,981,000 US dollars
Accrued liabilities
106,701,000 US dollars
Due to customer
1,383,000 US dollars
Lease assets and liabilities
5,856,000 US dollars
Other assets
14,516,000 US dollars
Amortization of debt issuance costs
5,896,000 US dollars
Gain on change in fair value of warrants
negative 22,000 US dollars
Other current liabilities
1,886,000 US dollars
Investing activities
negative 2,082,879,000 US dollars. Net cash used.
Purchases of property and equipment and other assets
negative 2,074,698,000 US dollars
Investment in companies
negative 8,181,000 US dollars
Financing activities
1,543,472,000 US dollars. Net cash provided.
Repayment of finance leases
negative 14,252,000 US dollars
Borrowings of long-term debt
1,648,500,000 US dollars
Draw on revolver
82,390,000 US dollars
Repayments of long-term debt
negative 315,932,000 US dollars
Payment of deferred financing costs
negative 28,879,000 US dollars
Tax payments for restricted stock upon vesting
negative 99,413,000 US dollars
Noncontrolling interest issuance contributions
1,349,000 US dollars
Proceeds from issuance of common stock
0 US dollars
Common stock issuance costs
0 US dollars
Proceeds from issuance of preferred stock
274,999,000 US dollars
Preferred stock issuance costs
negative 149,000 US dollars
Redemption of preferred stock
negative 6,996,000 US dollars
Dividends issued on preferred stock
negative 1,543,000 US dollars
Exercise of warrants
0 US dollars
Issuance of equity by subsidiary, net of costs
3,398,000 US dollars
Operating adjustment reconciliation
360,742,000 US dollars. Intermediate calculation joining the operating reconciliation branches. Its gross amount includes any portion of net income routed through this junction. It is not an additional cash source or use.
financing gross reconciliation
2,010,636,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
investing gross reconciliation
2,082,879,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
Exchange-rate effect
0 US dollars
Ending cash on Aug 31, 2026
3,677,945,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations
Cash sources and uses
5,760,824,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
Net cash change
negative 475,486,000 US dollars. Ending cash minus beginning cash.
Cash flow / Net income
Not meaningful. Operating cash flow divided by reconciliation net income for the same period. The ratio is not meaningful when net income is zero or negative.
Operating cash flow
63,921,000 US dollars. Operating cash flow used in the free cash flow calculation.
cash spent on productive assets
2,074,698,000 US dollars. These cash purchases are already included in investing activities above.
Free cash flow
negative 2,010,777,000 US dollars. A supplemental measure; finance-lease payments are excluded from this definition.

Chart connections

  • Beginning cash plus operating, investing and financing cash flows plus the exchange-rate effect equals ending cash. Negative amounts reduce cash.
  • Financing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Investing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Operating reconciliation adjustments are not all independent cash receipts.
  • Net loss −$184.06M + net operating adjustments $247.98M = operating cash +$63.92M. The loss reduces the earnings basis of the reconciliation; it is not a cash payment. The signed loss remains a deduction at the operating reconciliation junction.
  • Each activity has one net cash bar connected to the shared cash pool. Positive activity totals enter the pool; negative activity totals leave the pool to fund that activity's net payments. The central pool does not assign a particular funding source to a particular payment.
  • The intermediate calculation bars include both sides of the displayed activity breakdowns; they are not additional cash flows.
  • Operating cash flow minus cash spent on productive assets equals free cash flow: 63,921,000 US dollars minus 2,074,698,000 US dollars equals negative 2,010,777,000 US dollars.
APPLIED DIGITAL CORPORATION (APLD) FY2027 Q1 Statement of Cash Flows Sankey chart
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