jain.com

Lease revenue expected in fiscal 2029

Company: Applied Digital

Subject kind
guidance
Statement date
2026-09-07
Promised by
2029-05-31
Promised amount
2250000000.0 USD
Current status
stated

The claim, verbatim

Applied Digital's lease contracts call for $2.25 billion in rent payments in fiscal 2029

Source (primary)

Applied Digital Won't Collect Most of Its Rent Until 2029. I'd Wait to Buy the Stock. - Yahoo Finance (-, news_article)
View cached copy (2026-09-09)Live source ↗Archive.org ↗

Quote: “fiscal 2029's is $2.25 billion”

How we checked this

Checked on September 20, 2026. The cited source supports every part of this claim.

The document states fiscal 2029's figure is $2.25 billion.

Confirmed in the source:

What we did: Read our cached copy of the publisher (https://finance.yahoo.com/markets/stocks/articles/applied-digital-wont-collect-most-214901018.html) in full (12,514 characters, retrieved September 9, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Applied Digital Won't Collect Most of Its Rent Until 2029. I'd Wait to Buy the Stock. - Yahoo Finance

Quote: “fiscal 2029's is $2.25 billion”

View cached copy (2026-09-09)Live source ↗Archive.org ↗