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Long-term net operating income target

Company: Applied Digital

Subject kind
guidance
Statement date
2026-04-07
Promised by
2031-04-07
Promised amount
1000.0 USD
Current status
stated

The claim, verbatim

Applied Digital is confident in its ability to exceed a long-term goal of $1 billion in net operating income within five years.

Source (primary)

applied-digital 8-K exhibit (apldq326earningsrelease.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-09-10)Live source ↗

Quote: “We remain confident in our ability to exceed our long-term goal of $1 billion in NOI within five years.”

How we checked this

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

The source states this verbatim.

Confirmed in the source:

What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1144879/000114487926000029/apldq326earningsrelease.htm) in full (46,258 characters, retrieved September 10, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms applied-digital 8-K exhibit (apldq326earningsrelease.htm)

Quote: “We remain confident in our ability to exceed our long-term goal of $1 billion in NOI within five years.”

View cached copy (2026-09-10)Live source ↗