Applied Digital: Pay

Applied Digital paid its 4 named executives $332.4M in total in FY2026 (May). CEO Wes Cummins was paid $189.2M of that.

Pay$100 in the stock at the end of FY22 → $979
CEO pay is from each proxy. The stock line is the value of $100 put in the stock at the start, from the price change of each fiscal year. Dividends are not in it.

Pay of each named executive

Wes CumminsChief Executive Officer and Chairman
FY2026 (May)
FY2025 (May)
FY2024 (May)
FY2023 (May)
4 years
Jason ZhangPresident and Co-Founder and Former Co-Founder and Chief Strategy Officer
FY2026 (May)
FY2025 (May)
FY2024 (May)
3 years
Saidal MohmandChief Financial Officer
FY2026 (May)
FY2025 (May)
FY2024 (May)
3 years
Laura LaltrelloChief Operating Officer
FY2026 (May)
FY2025 (May)
FY2024 (May)
3 years

CEO pay against the pay peers

In FY2026 (May), the median CEO pay of the 2 peers with pay on file was $18.2M. CEO pay of Applied Digital for that year is not on file.

  1. 1C3.ai
  2. 2Box
  3. 3Applied DigitalNot disclosed
  4. 4Alkami TechnologyNot disclosed
  5. 5Cipher MiningNot disclosed
  6. 6CleanSparkNot disclosed
  7. 7CouchbaseNot disclosed
  8. 8D-Wave QuantumNot disclosed
  9. 9DigitalOcean HoldingsNot disclosed
  10. 10Hut 8Not disclosed
  11. 11IRENNot disclosed
  12. 12MARA HoldingsNot disclosed
  13. 13MarqetaNot disclosed
  14. 14Nebius Group N.V.Not disclosed
  15. 15Payoneer GlobalNot disclosed
  16. 16Q2 HoldingsNot disclosed
  17. 17RambusNot disclosed
  18. 18Rigetti ComputingNot disclosed
  19. 19Riot PlatformsNot disclosed
  20. 20TeraWulfNot disclosed

Pay of each named executive comes from the Summary Compensation Table of each proxy statement. Realized pay adds the value of options used and stock that vested. CEO pay of each peer comes from its own Pay versus Performance table.