Contracted lease revenue in fiscal 2029
Company: Applied Digital
The claim, verbatim
The company will receive $2.25 billion in contracted lease revenue in fiscal 2029 from its take-or-pay data center leases
Source (primary)
Applied Digital Won't Collect Most of Its Rent Until 2029. I'd Wait to Buy the Stock. - AOL.com (-, news_article)
View cached copy (2026-09-14)Live source ↗
Quote: “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 states fiscal 2029's minimum lease payment figure is $2.25 billion.
Confirmed in the source:
- Applied Digital's take-or-pay data center leases call for $2.25 billion in fiscal 2029
What we did: Read our cached copy of the publisher (https://www.aol.com/articles/applied-digital-wont-collect-most-214901000.html) in full (9,398 characters, retrieved September 14, 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. - AOL.com
Quote: “fiscal 2029's is $2.25 billion”