Net operating income run rate target
Company: Applied Digital
The claim, verbatim
Management set a target of $1 billion annual net operating income (base rent less property costs, taxes, and insurance) to be achieved within five years from one year prior
Source (primary)
Can Applied Digital Stock Recover On Leases It Has Already Signed? - Yahoo Finance (-, news_article)
View cached copy (2026-09-22)Live source ↗
Quote: “A year ago management set a goal of $1 billion in net operating income within five years.”
How we checked this
Checked on September 26, 2026. The cited source supports every part of this claim.
The article reports the $1 billion net operating income goal set a year earlier with a five-year horizon. It defines the metric as base rent less property costs, taxes and insurance.
Confirmed in the source:
- A year ago, management set a goal of $1 billion in net operating income within five years
- Net operating income is defined as base rent from the leased campuses less property costs, taxes and insurance
- The target is expressed as a run rate
What we did: Read our cached copy of the publisher (https://finance.yahoo.com/markets/stocks/articles/applied-digital-stock-recover-leases-194158184.html) in full (9,760 characters, retrieved September 22, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Can Applied Digital Stock Recover On Leases It Has Already Signed? - Yahoo Finance
Quote: “A year ago management set a goal of $1 billion in net operating income within five years.”