Exceed $1 billion NOI target within five years
Company: Applied Digital
The claim, verbatim
Company expects to exceed $1 billion NOI target within the next five years
Source (primary)
applied-digital 8-K exhibit (apldq226earningsrelease.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-09-22)Live source ↗
Quote: “we expect that we will now exceed our $1 billion NOI target within the next five years”
How we checked this
Checked on September 26, 2026. The cited source supports every part of this claim.
The management commentary says current demand and expected additional leases lead the company to expect it will now exceed its $1 billion NOI target within five years.
Confirmed in the source:
- Applied Digital expects to exceed its $1 billion NOI target within the next five years
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1144879/000114487926000002/apldq226earningsrelease.htm) in full (44,381 characters, retrieved September 22, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms applied-digital 8-K exhibit (apldq226earningsrelease.htm)
Quote: “we expect that we will now exceed our $1 billion NOI target within the next five years”