Applied Digital Corporation (APLD) — Dilution Risk Analysis

Current Snapshot

Applied Digital Corporation (APLD) has a DilutionWatch score of 27/10 and is classified as MEDIUM risk. The score date in the source data is 2026-10-03T03:45:52.527348.

This page is assembled from sourced share-structure, market-data, SEC-filing, and DilutionWatch fields. Missing values are left blank rather than estimated.

Share Structure

Shares Outstanding
291,469,112 Source
Public Float
253,863,370 Source
Float as % of Outstanding
87.1%

Dilution Risk Score

Score: 27/10 Source (as of 2026-10-03T03:45:52.527348)

Recent SEC Filings

Recent filing forms in the source payload: 4 4, 8-K 3, XBRL 2, 3 1.

FormFiledAccession
4 2026-07-07 0001628280-26-047508
4 2026-07-02 0001144879-26-000040
8-K 2026-06-26 0001493152-26-030333
4 2026-06-24 0001628280-26-045212
4 2026-06-24 0001628280-26-045215
8-K 2026-06-09 0001493152-26-027857
xbrl 2026-05-31 xbrl-46-xbrl_convertible
xbrl 2026-05-31 xbrl-46-xbrl_warrant
3 2026-05-15 0001493152-26-023991
8-K 2026-05-05 0001493152-26-021333

Dilution Risk Drivers

DriverStored ValueSource
Cash runway 140 months Source
Three-year share count growth 174.19% Source

DilutionWatch Analysis

Risk Level
MEDIUM (Score: 27/10) Source
Cash Runway
140 months Source
Share Count Growth (3-Year)
174.19% Source

What This Page Does Not Estimate

DilutionWatch does not infer missing cash runway, authorized share count, ATM capacity, shelf capacity, or share-growth values on this page. A blank field means the current source payload did not provide a usable value with provenance.

Scores and classifications are shown only when supplied by the DilutionWatch data layer. SEC filing rows link to their source accession when a filing URL is available.