Applied Digital Corp. (APLD) vs Fermi Inc. (FRMI)
Side-by-side comparison from SEC filings: latest annual financials, insider activity and institutional ownership.
| Metric | APLD | FRMI |
|---|---|---|
| Sector | Financials | Financials |
| Latest fiscal year | FY2026 | FY2025 |
| Revenue | $611.31M | $0 |
| Revenue growth (YoY) | ▲ 324.0% | — |
| Net income | -$250.26M | -$486.38M |
| Gross margin | 35.1% | — |
| Diluted EPS | $-0.91 | $-1.13 |
| Insider net (6 mo) | +2.2M sh • 5 sells • 0 buys | +615.6K sh • 3 sells • 0 buys |
| Institutional owners | 39 | 34 |
| Institutional value held | $5.35B | $742.93M |
| Next earnings (est.) | Around Jan 6, 2027 | Around Nov 9, 2026 |
Figures from each company's SEC filings (latest reported fiscal year; fiscal calendars may differ). Next-earnings dates are estimates from historical filing patterns.
About Applied Digital Corp. (APLD)
Applied Digital Corporation is a U.S.-based designer, developer, and operator of next-generation digital infrastructure across North America, providing digital infrastructure solutions and cloud services to the High-Performance Computing (HPC) and Artificial… Read more →
About Fermi Inc. (FRMI)
Fermi Inc. is a development-stage company formed in January 2025 that is building a large-scale, grid-independent power and hyperscale computing campus—Project Matador—located on a 99-year ground-leased site of approximately 5,236 acres (expandable to roughly… Read more →
Source: SEC EDGAR.