HPC hosting revenue FY2026
Company: Applied Digital
The claim, verbatim
Applied Digital generated $385.304 million of HPC hosting revenue in the year to 31 May 2026
Source (primary)
Hut 8 vs Applied Digital and Why 96 Percent of Hut 8's AI Revenue Is Internal - Phemex (-, news_article)
View cached copy (2026-09-23)Live source ↗
Quote: “Applied Digital's $385.304 million of HPC hosting revenue in the year to 31 May 2026”
How we checked this
Checked on September 26, 2026. The cited source supports every part of this claim.
The article states this figure directly.
Confirmed in the source:
- Applied Digital generated $385.304 million of HPC hosting revenue in the year to 31 May 2026
What we did: Read our cached copy of the publisher (https://phemex.com/academy/hut-8-vs-applied-digital-ai-revenue) in full (15,917 characters, retrieved September 23, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Hut 8 vs Applied Digital and Why 96 Percent of Hut 8's AI Revenue Is Internal - Phemex
Quote: “Applied Digital's $385.304 million of HPC hosting revenue in the year to 31 May 2026”