# Applied Digital Corp. (APLD) MD&A by fiscal year

Verbatim Item 7 Management's Discussion and Analysis sections from Applied Digital Corp.'s 10-K filings, one page per fiscal year. Extracted from SEC filings with the same bounded parser for every year. Filer text, not grepcent analysis or investment advice.

- [FY 2026 MD&A](/company/APLD/mda/fy2026/): filed 2026-07-29; accession 0001144879-26-000048 (https://www.sec.gov/Archives/edgar/data/1144879/000114487926000048/apld-20260531.htm); latest 10-K
- [FY 2025 MD&A](/company/APLD/mda/fy2025/): filed 2025-07-30; accession 0001144879-25-000021 (https://www.sec.gov/Archives/edgar/data/1144879/000114487925000021/apld-20250531.htm)
- [FY 2024 MD&A](/company/APLD/mda/fy2024/): filed 2024-08-30; accession 0001144879-24-000216 (https://www.sec.gov/Archives/edgar/data/1144879/000114487924000216/apld-20240531.htm)
- [FY 2023 MD&A](/company/APLD/mda/fy2023/): filed 2023-08-02; accession 0001144879-23-000176 (https://www.sec.gov/Archives/edgar/data/1144879/000114487923000176/apld-20230531.htm)
- [FY 2022 MD&A](/company/APLD/mda/fy2022/): filed 2022-08-29; accession 0001628280-22-023816 (https://www.sec.gov/Archives/edgar/data/1144879/000162828022023816/apld-20220531.htm)

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