Scheduled lease revenue collections
Company: Applied Digital
The claim, verbatim
Per the company's schedule of minimum lease payments, contracted lease revenue will be $451 million in fiscal 2027, $1.45 billion in fiscal 2028, and $2.25 billion in fiscal 2029.
Source (primary)
Applied Digital Won't Collect Most of Its Rent Until 2029. I'd Wait to Buy the Stock. - The Globe and Mail (-, news_article)
View cached copy (2026-09-13)Live source ↗
Quote: “The company's own schedule of minimum lease payments shows how gradually the money arrives: the leases call for $451 million in fiscal 2027. Fiscal 2028's figure is $1.45 billion, and fiscal 2029's is $2.25 billion.”
How we checked this
Checked on September 22, 2026. The cited source supports every part of this claim.
The document reports each of the three yearly figures from Applied Digital's schedule of minimum lease payments.
Confirmed in the source:
- The company's schedule of minimum lease payments calls for $451 million in fiscal 2027
- It calls for $1.45 billion in fiscal 2028
- It calls for $2.25 billion in fiscal 2029
What we did: Read our cached copy of the publisher (https://www.theglobeandmail.com/investing/markets/markets-news/Motley%20Fool/4478039/applied-digital-won-t-collect-most-of-its-rent-until-2029-i-d-wait-to-buy-the-stock/) in full (9,411 characters, retrieved September 13, 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. - The Globe and Mail
Quote: “The company's own schedule of minimum lease payments shows how gradually the money arrives: the leases call for $451 million in fiscal 2027. Fiscal 2028's figure is $1.45 billion, and fiscal 2029's is $2.25 billion.”