Tenant fit-out revenue ramp
Company: Applied Digital
The claim, verbatim
HPC tenant fit-out installations contributed ~$26 million in revenue this quarter and are expected to ramp significantly next quarter; lease revenues expected to ramp later this year.
Source (primary)
Earnings Release (IR page (ir.applieddigital.com), earnings_call)
View cached copy (2026-10-03)Live source ↗Archive.org ↗
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.”