Contracted Revenue from 5 new leases
Company: Applied Digital
The claim, verbatim
Five leases signed in fiscal 2026 increased initial-term contracted revenue from $7 billion to approximately $36 billion, before customer renewal or expansion options
Source (primary)
Five leases lifted Applied Digital (APLD)'s initial-term contracted revenue beyond $7 billion. - Stock Titan (-, news_article)
View cached copy (2026-09-26)Live source ↗Archive.org ↗
Quote: “five leases signed in fiscal 2026 increased initial-term contracted revenue from $7 billion to approximately $36 billion, before customer renewal or expansion options”
How we checked this
Checked on September 28, 2026. The cited source supports every part of this claim.
The proxy's performance highlights say the five new fiscal 2026 leases raised contracted revenue from $7 billion to about $36 billion, before any customer renewal or expansion options.
Confirmed in the source:
- Applied Digital signed five new leases during fiscal 2026
- Those leases increased total initial-term contracted revenue from $7 billion to approximately $36 billion
- The $36 billion figure is before any customer renewal or expansion options
What we did: Read our cached copy of the publisher (https://www.stocktitan.net/sec-filings/APLD/def-14a-applied-digital-corp-definitive-proxy-statement-295e8d7c8256.html) in full (290,241 characters, retrieved September 26, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Five leases lifted Applied Digital (APLD)'s initial-term contracted revenue beyond $7 billion. - Stock Titan
Quote: “five leases signed in fiscal 2026 increased initial-term contracted revenue from $7 billion to approximately $36 billion, before customer renewal or expansion options”