Lease revenue recognition after facility completion
Company: Applied Digital
The claim, verbatim
Only a small portion of contracted lease revenue is expected before fiscal 2029, with the remainder arriving after campus completion
Source (primary)
Applied Digital Stock Faces A Big Buildout Before The AI Revenue Arrives - simplywall.st (-, news_article)
View cached copy (2026-09-09)Live source ↗
Quote: “Only a small portion of that rent is expected before fiscal 2029”
How we checked this
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Additional evidence
confirms Applied Digital Stock Faces A Big Buildout Before The AI Revenue Arrives - simplywall.st
Quote: “Only a small portion of that rent is expected before fiscal 2029”