jain.com

Cash on hand of $4.2 billion

Company: Applied Digital

Subject kind
financing
Statement date
2026-09-15
Promised amount
4.2 billion USD
Current status
stated

The claim, verbatim

Ended the quarter to July 27, 2026 with $4.2 billion in cash on hand

Source (primary)

Applied Digital (NASDAQ: APLD) Stock Drops 47% From Peak Despite Record Revenue Growth - foreignpolicyjournal.com (-, news_article)
View cached copy (2026-09-18)Live source ↗

Quote: “ending the quarter to July 27, 2026 with $4.2 billion in cash on hand”

How we checked this

This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.

Additional evidence

confirms Applied Digital (NASDAQ: APLD) Stock Drops 47% From Peak Despite Record Revenue Growth - foreignpolicyjournal.com

Quote: “ending the quarter to July 27, 2026 with $4.2 billion in cash on hand”

View cached copy (2026-09-18)Live source ↗