Primary customer revenue concentration
Company: Applied Digital
The claim, verbatim
One HPC customer accounted for 59% of Applied Digital's total revenue from continuing operations in FY2026
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: “One HPC customer accounted for 59% of Applied Digital's total revenue from continuing operations in FY2026”
How we checked this
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Additional evidence
confirms Hut 8 vs Applied Digital and Why 96 Percent of Hut 8's AI Revenue Is Internal - Phemex
Quote: “One HPC customer accounted for 59% of Applied Digital's total revenue from continuing operations in FY2026”