jain.com

Fiscal 2028 revenue guidance

Company: Applied Digital

Subject kind
guidance
Statement date
2026-09-17
Promised by
2028-05-31
Promised amount
1450000000.0 USD
Current status
stated

The claim, verbatim

Applied Digital is projected to book $1.45 billion in revenue in fiscal 2028

Source (primary)

Is Applied Digital Stock a Buy? - Yahoo Finance (-, news_article)
View cached copy (2026-09-21)Live source ↗

Quote: “The company is projected to book just $1.45 billion in revenue in its fiscal 2028, out of a contracted backlog of $36 billion.”

How we checked this

Checked on September 26, 2026. The cited source supports every part of this claim.

The article states the company is projected to book $1.45 billion in revenue in fiscal 2028, out of a $36 billion contracted backlog.

Confirmed in the source:

What we did: Read our cached copy of the publisher (https://finance.yahoo.com/markets/stocks/articles/applied-digital-stock-buy-141400078.html) in full (11,265 characters, retrieved September 21, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Is Applied Digital Stock a Buy? - Yahoo Finance

Quote: “The company is projected to book just $1.45 billion in revenue in its fiscal 2028, out of a contracted backlog of $36 billion.”

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