Total debt as of May 31, 2025
Company: Applied Digital
The claim, verbatim
A year earlier (May 31, 2025) had less than $700 million in debt
Source (primary)
Is Applied Digital Stock a Buy? - fool.com (-, news_article)
View cached copy (2026-09-20)Live source ↗
Quote: “less than $700 million a year earlier”
How we checked this
Checked on September 25, 2026. The cited source supports every part of this claim.
The article says the roughly $5 billion debt at May 31 was up from less than $700 million a year earlier.
Confirmed in the source:
- Applied Digital had less than $700 million in debt a year before May 31, 2026, i.e., as of May 31, 2025
What we did: Read our cached copy of the publisher (https://www.fool.com/investing/2026/09/17/is-applied-digital-stock-a-buy/) in full (10,364 characters, retrieved September 20, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Is Applied Digital Stock a Buy? - fool.com
Quote: “less than $700 million a year earlier”