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Annual rent revenue once all campuses delivered

Company: Applied Digital

Subject kind
guidance
Statement date
2026-09-07
Promised amount
2300000000.0 USD
Current status
stated

The claim, verbatim

Once all campuses are delivered, the leases will generate approximately $2.3 billion in annual rent

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: “Once every campus is delivered, the leases call for about $2.3 billion of rent per year.”

How we checked this

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

The document states verbatim that once every campus is delivered, the leases call for about $2.3 billion of rent per year.

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: “Once every campus is delivered, the leases call for about $2.3 billion of rent per year.”

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