jain.com

Contracted base-term revenue from long-term data center leases

Company: Applied Digital

Subject kind
financing
Statement date
2026-09-18
Promised amount
36000000000.0 USD
Current status
stated

The claim, verbatim

Applied Digital has locked in long-term data center leases with roughly US$36 billion in contracted base-term revenue

Source (primary)

Applied Digital (APLD) Stock Looks Rich On Fresh AI Hosting Sell Off - simplywall.st (-, news_article)
View cached copy (2026-09-21)Live source ↗

Quote: “The company has locked in long-term data center leases with roughly US$36b in contracted base-term revenue”

How we checked this

Checked on October 11, 2026. The cited source supports every part of this claim.

The Simply Wall St article states directly that the company has locked in long-term data center leases with roughly US$36b in contracted base-term revenue, which matches every element of the claim.

Confirmed in the source:

What we did: Read our cached copy of the publisher (https://simplywall.st/stocks/us/software/nasdaq-apld/applied-digital/news/applied-digital-apld-stock-looks-rich-on-fresh-ai-hosting-se) in full (14,341 characters, retrieved September 21, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Applied Digital (APLD) Stock Looks Rich On Fresh AI Hosting Sell Off - simplywall.st

Quote: “The company has locked in long-term data center leases with roughly US$36b in contracted base-term revenue”

View cached copy (2026-09-21)Live source ↗

confirms Applied Digital (APLD) Stock Looks Rich On Fresh AI Hosting Sell Off - simplywall.st

Quote: “The company has locked in long-term data center leases with roughly US$36b in contracted base-term revenue”

View cached copy (2026-09-22)Live source ↗