Tenant fit-out revenue ramp
Company: Applied Digital
The claim, verbatim
Tenant fit-out installation revenue (~$26M this quarter) is expected to ramp significantly next quarter, with lease revenues ramping later this year as installation completes.
Source (primary)
Earnings Release (IR page (ir.applieddigital.com), earnings_call)
View cached copy (2026-09-29)Live source ↗
Quote: “These installations contributed approximately $26 million in revenue this quarter and are expected to ramp significantly next quarter as we approach the building's ready-for-service date.”
How we checked this
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Additional evidence
confirms Earnings Release
Quote: “These installations contributed approximately $26 million in revenue this quarter and are expected to ramp significantly next quarter as we approach the building's ready-for-service date.”