$1B NOI target exceeded within five years
Company: Applied Digital
The claim, verbatim
Company expects to exceed its $1 billion NOI target within the next five years.
Source (primary)
Earnings Release (IR page (ir.applieddigital.com), earnings_call)
View cached copy (2026-10-06)Live source ↗Archive.org ↗
Quote: “leads us to expect that we will now exceed our $1 billion NOI target within the next five years”
How we checked this
Checked on October 13, 2026. The cited source supports every part of this claim.
The press release states that demand and expected additional leases lead the company to expect it will now exceed its $1 billion NOI target within the next five years.
Confirmed in the source:
- Applied Digital states it expects to exceed its $1 billion NOI target within the next five years
What we did: Read our cached copy of IR page (ir.applieddigital.com) (https://ir.applieddigital.com/news-events/press-releases/detail/142/applied-digital-reports-fiscal-second-quarter-2026-results/) in full (45,597 characters, retrieved October 6, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Earnings Release
Quote: “leads us to expect that we will now exceed our $1 billion NOI target within the next five years”
confirms Earnings Release
Quote: “leads us to expect that we will now exceed our $1 billion NOI target within the next five years”