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~$500M annualized NOI run rate once Polaris Forge 1 operational

Company: Applied Digital

Subject kind
guidance
Statement date
2025-10-08
Promised amount
500000000.0 USD
Current status
stated

The claim, verbatim

Applied Digital projects an annualized NOI run rate of approximately $500 million once Polaris Forge 1 is fully operational.

Source (primary)

applied-digital 8-K exhibit (apldq126earningsrelease.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-09-29)Live source ↗

Quote: “We believe we are on a projected annualized NOI run rate of approximately $500 million once Polaris Forge 1 is fully operational.”

How we checked this

This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.

Additional evidence

confirms applied-digital 8-K exhibit (apldq126earningsrelease.htm)

Quote: “We believe we are on a projected annualized NOI run rate of approximately $500 million once Polaris Forge 1 is fully operational.”

View cached copy (2026-09-29)Live source ↗