Annualized EBITDA run rate when fully online
Company: Applied Digital
The claim, verbatim
Once fully online with nearly 500MW capacity, expects annualized adjusted EBITDA run rate of approximately $100 million
Source (primary)
Earnings Release (IR page (ir.applieddigital.com), earnings_call)
View cached copy (2026-09-25)Live source ↗Archive.org ↗
Quote: “Once fully online, we will have nearly 500MW of hosting capacity that we expect will put us at an annualized adjusted EBITDA run rate of approximately $100 million”
How we checked this
Checked on October 12, 2026. The cited source supports every part of this claim.
The CEO's quoted commentary ties the nearly 500MW of capacity to an expected annualized adjusted EBITDA run rate of about $100 million; this is a forward-looking expectation, not a reported result.
Confirmed in the source:
- Applied Digital expected nearly 500MW of hosting capacity once fully online
- Applied Digital expected that capacity to put it at an annualized adjusted EBITDA run rate of approximately $100 million
What we did: Read our cached copy of IR page (ir.applieddigital.com) (https://ir.applieddigital.com/news-events/press-releases/detail/49/applied-digital-reports-fiscal-second-quarter-2023/) in full (26,009 characters, retrieved September 25, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Earnings Release
Quote: “Once fully online, we will have nearly 500MW of hosting capacity that we expect will put us at an annualized adjusted EBITDA run rate of approximately $100 million”