Annualized contracted lease revenue upon full delivery
Company: Applied Digital
The claim, verbatim
The company will receive approximately $2.3 billion in annual contracted lease revenue once all five data center campuses are fully delivered and operational
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: “Once every campus is delivered, the leases call for about $2.3 billion of rent per year”
How we checked this
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Additional evidence
confirms Applied Digital Won't Collect Most of Its Rent Until 2029. I'd Wait to Buy the Stock. - AOL.com
Quote: “Once every campus is delivered, the leases call for about $2.3 billion of rent per year”